Since 2014
Unioni monetarie: una prospettiva teorica
Moneta e Credito
View Archive Info| Field | Value | |
| Title |
Unioni monetarie: una prospettiva teorica
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| Creator |
CESARANO, F.
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| Subject |
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Monetary policy, EMU, Monetary union, Economic integration F15, E52 |
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| Description |
The work provides a theoretical analysis of monetary policy and unification in light of today’s debate among academic economists on EMU. A brief survey of the main issues concerning monetary policy is presented. The author then puts the subject in a broader perspective, showing that central questions concerning the optimality of currency areas are strictly related to the theory of monetary policy and, particularly, to the effectiveness of domestic monetary actions. Since participation in a monetary union implies loss of monetary sovereignty, the issue at hand is evaluating the effects of this loss on social welfare. Hence, the author argues that federal fiscal policy can play a crucial role in the adjustment mechanism. JEL Codes: F15, E52Keywords: Monetary policy, EMU, Monetary union, Economic integration
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| Publisher |
Associazione Economia civile
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| Contributor |
—
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| Date |
2013-10-25
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Articolo peer-review |
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| Format |
application/pdf
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| Identifier |
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/10963
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| Source |
Moneta e Credito; Vol 45, N° 179 (1992)
Moneta e Credito; Vol 45, N° 179 (1992) 2037-3651 |
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| Language |
ita
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| Relation |
http://ojs.uniroma1.it/index.php/monetaecredito/article/view/10963/10838
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| Rights |
Copyright (c) 2016 F. CESARANO
http://creativecommons.org/licenses/by-nc-nd/4.0 |
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