Browsing by Author "PELED, Dan"

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Browsing by Author "PELED, Dan"

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    Title: Insulation Impossible: Fiscal Spillovers in a Monetary Union  Author(s): COOPER, Russell; KEMPF, Hubert; PELED, Dan Date: 2010 Type of Publication: Working Paper Series/Report no.: EUI ECO Abstract: This paper studies fiscal spillovers in a monetary union. The focus of the analysis is on the interaction between the fiscal policy of member countries (regions) and the central monetary authority. When capital markets are ...
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    Title: Regional Debt in Monetary Unions: Is It Inflationary?  Author(s): COOPER, Russell; KEMPF, Hubert; PELED, Dan Date: 2010 Type of Publication: Article Abstract: This paper studies the inflationary implications of interest bearing regional debt in a monetary union. Is this debt simply backed by future taxation with no inflationary consequences? Or will the circulation of region ...