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Fiscal Devaluation in a Monetary Union

Fiscal Devaluation in a Monetary Union »

Source: Fiscal Devaluation in a Monetary Union

Volume/Issue: 2014/201

Series: IMF Working Papers

Author(s): Philipp Engler , Giovanni Ganelli , Juha Tervala , and Simon Voigts

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 October 2014

ISBN: 9781484312131

Keywords: currency union, devaluation, consumption, gdp, exchange, trade balance, Open Economy Macroeconomics,

Using a DSGE model calibrated to the euro area, we analyze the international effects of a fiscal devaluation (FD) implemented as a revenue-neutral shift from employer's social contributions to the Value Added Tax....

Fiscal Devaluation in a Monetary Union

Fiscal Devaluation in a Monetary Union »

Volume/Issue: 2014/201

Series: IMF Working Papers

Author(s): Philipp Engler , Giovanni Ganelli , Juha Tervala , and Simon Voigts

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 30 October 2014

DOI: http://dx.doi.org/10.5089/9781484312131.001

ISBN: 9781484312131

Keywords: currency union, devaluation, consumption, gdp, exchange, trade balance, Open Economy Macroeconomics,

Using a DSGE model calibrated to the euro area, we analyze the international effects of a fiscal devaluation (FD) implemented as a revenue-neutral shift from employer's social contributions to the Value Added Tax....

Trade Effects of Currency Unions
			: Do Economic Dissimilarities Matter?

Trade Effects of Currency Unions : Do Economic Dissimilarities Matter? »

Volume/Issue: 2008/249

Series: IMF Working Papers

Author(s): Giorgia Albertin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2008

DOI: http://dx.doi.org/10.5089/9781451871074.001

ISBN: 9781451871074

Keywords: Currency Union, Enlargement, Economic Dissimilarities, Intra-industry Trade, bilateral trade, trade costs, member country, trade effects, patterns of trade,

This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investi...

Trade Effects of Currency Unions

Trade Effects of Currency Unions »

Source: Trade Effects of Currency Unions : Do Economic Dissimilarities Matter?

Volume/Issue: 2008/249

Series: IMF Working Papers

Author(s): Giorgia Albertin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2008

ISBN: 9781451871074

Keywords: Currency Union, Enlargement, Economic Dissimilarities, Intra-industry Trade, bilateral trade, trade costs, member country, trade effects, patterns of trade,

This paper provides a general equilibrium analysis of the trade effects of the formation of a currency union, and of its subsequent enlargement to include an economically dissimilar country. Furthermore, it investi...