Macroeconomic risk, fiscal policy rules and aggregate volatility in asymmetric currency unions: a behavioral perspective

"This paper studies the dynamics of macroeconomic risk, fiscal policy and the macroeconomy in a two-country monetary union framework, under the assumption that agents do not have rational expectations, but use heuristics to determine their consumption over time, as well as to assess macroeconom...

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Bibliographic Details
Main Author: Proaño, Christian
Institution:ETUI-European Trade Union Institute
Format: TEXT
Language:English
Published: Düsseldorf 2013
IMK
Subjects:
Online Access:https://www.labourline.org/KENTIKA-19121527124919497099-Macroeconomic-risk,-fiscal-pol.htm

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