欧洲经货联盟货币政策和财政政策协调理论研究综述(emu monetary policy and fiscal policy coordination theory)

欧洲经货联盟货币政策和财政政策协调理论研究综述(emu monetary policy and fiscal policy coordination theory)

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1、欧洲经货联盟货币政策和财政政策协调理论研究综述(EMUmonetarypolicyandfiscalpolicycoordinationtheory)EMUmonetarypolicyandfiscalpolicycoordinationtheoryEMUmonetarypolicyandfiscalpolicycoordinationtheoryresearch2008-12-2015:10:21Abstract:theEMUmonetarypolicyandfiscalpolicycoordinationisanimportantpartofinternationalma

2、croeconomicpolicycoordination.WiththeEMUoperation,focusoninternationalmacroeconomicpolicycoordinationtheorytotheEUeconomicpolicycoordination.StudyontheinconsistencyofMonetaryUnionbeforeandaftertheestablishmentofthemonetarypolicycoordination,fiscalrestraintandcoordination,fiscalpolicyandmone

3、tarypolicycoordination,dynamicreview.Keywords:fiscalpolicymonetarypolicycoordinationEMUTheestablishmentoftheEuropeanMonetaryUnion,thetheorycategory,internationalmacroeconomicpolicycoordinationsystemandtoolsandmethods,drawingonotherdisciplinesandinthefieldofeconomicsresearch,obtainedthehithe

4、rtounknowndevelopment.Thelast20years,economistsbegantopayattentiontothecoordinationofmonetaryandfiscalpolicymore,especiallyinthebrewingprocessofemu.PolicycoordinationofEMUhasgraduallybecomethefocusofinternationalmacroeconomicpolicycoordination.Themonetarypolicyandfiscalpolicymonetaryunionco

5、ordinationtheoryisbrieflyreviewed.First,beforetheestablishmentofamonetaryunionpolicycoordinationtheory1.aboutfiscaldiscipline(fiscal,discipline).ForfiscaldisciplineresearchoriginatedfromSargentandWallace(Sargent,Wallace,1981),theystressedthatthegovernmentfiscaldeficitispredetermined,andhavi

6、nganonpersistent,monetarypolicyandthepricelevelisnotexogenous.However,noneofthemhasclearlydefinedthegoalsoffiscalpolicy,especiallywithoutthegoalofmacrostability.ButSargentandWallaceanalyzedtheschemeinemphasisonfiscaldisciplineisaprerequisiteformonetarystabilityplayapositiverole,theideaofEMU

7、designerswillbeabsorbed,andwritesthe"MaastrichtTreaty"(referredtoasthe"MaastrichtTreaty")inthethirdstageofEMUonstandardterms.2.,coordinationofmonetarypolicyandfiscalpolicy.Tabehini(1986)wasthefirsttousethedifferentialgamemodeltoanalyzethecoordinationofmo

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