Defining a macroeconomic framework for the Euro area

By A. Alesina, Mps Finance Banca Mobiliare. 2001

181 citations recorded by the source corpus.

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On Constraining Fiscal Policy Discretion in EMU (2003, background): “Coordination with monetary policy is also usually considered infeasible and counterproductive (Alesina et al (2001)).”
Should the European Central Bank and the Federal Reserve Be Concerned About Fiscal Policy (2002, result): “It is consistent with the view taken by John Taylor in his 1995 symposium paper, with the official views expressed in EC (2002), and with the discussion in Alesina et al. (2001).”
A Tale of Two Decades: The Ecb's Monetary Policy at 20 (2019, background): “As mentioned in footnote 46, and explained in Alesina et al. (2001) and Begg et al.”
Money Growth Monitoring and the Taylor Rule (2001, background): “Although there are well-defined theoretical models in which the Taylor rule leads to good outcomes, there is a growing awareness of other models in which it may lead to bad outcomes.(2) Moreover, these models do not seem implausible on empirical grounds.”