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...
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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