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On the need for fiscal constraints in a monetary union

, and . Journal of Monetary Economics, 54 (8): 2399--2408 (November 2007)

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Coordination of fiscal policies in a world economy. Journal of Monetary Economics, 19 (3): 349--376 (May 1987)Sticky Price Models of the Business Cycle: Can the Contract Multiplier Solve the Persistence Problem?, , and . Econometrica, 68 (5): 1151--1179 (245 09 2000)doi: 10.1111/1468-0262.00154.The optimal degree of discretion in monetary policy, , and . Working paper series / European Central Bank Europ. Central Bank, Frankfurt am Main, (2004)Dynamics of the trade balance and the terms of trade, , and . Working paper National Bureau of Economic Research, Cambridge, Mass., (1992)Social insurance and transition, and . NBER working paper series National Bureau of Economic Research, Cambridge, Mass., (1993)Optimal fiscal policy in a business cycle model, , and . NBER working paper series National Bureau of Economic Research, Cambridge, Mass., (1993)International business cycles, , and . NBER working paper series National Bureau of Economic Research, Cambridge, Mass., (1993)Policy Analysis in Business Cycle Models, , and . Frontiers of Business Cycle Research, chapter 1, Princeton University Press, Princeton, New Jersey, (1995)Financial crises as herds: overturning the critiques., and . J. Econ. Theory, 119 (1): 128-150 (2004)A Clock-Tuned Digital Memristor Emulator., , and . ISCAS, page 1-5. IEEE, (2018)