Concept
Système monétaire
Publications associées (6)
Hybrid Cyclicity: Combining The Benefits Of Cyclic And Non-Cyclic Timetables
Michel Bierlaire, Shadi Sharif Azadeh, Mohammad Yousef Maknoon, Tomas Robenek
We propose a new type of timetable that would combine both the regularity of the cyclic timetables and the flexibility of the non-cyclic ones. In order to do so, several combinations of the two timetables are considered. The regularity is incorporated in t ...
Pergamon-Elsevier Science Ltd2017Hybrid Cyclicity: Combining The Benefits Of Cyclic And Non-Cyclic Timetables
Michel Bierlaire, Shadi Sharif Azadeh, Mohammad Yousef Maknoon, Tomas Robenek
We propose a new type of timetable that would combine both the regularity of the cyclic timetables and the flexibility of the non-cyclic ones. In order to do so, several combinations of the two timetables are considered. The regularity is incorporated in t ...
2016On the Benefits of a Monetary Union: does it pay to be bigger?
A two area dynamic stochastic general equilibrium model is employed to investigate the welfare implications of losing monetary independence. Two policy regimes are compared: (i) in one area there is a common currency, while in the other area countries stil ...
Center for Fiscal Policy Working Paper Series2009Monetary-Fiscal Interactions with a Conservative Central Bank
Abstract We study macroeconomic stabilization when monetary and fiscal policies interact via their effects on output and inflation and the monetary authority is more conservative than the fiscal. We find that monetary- fiscal interactions result in poor ma ...
2006Exchange Rates and Fiscal Adjustments; Evidence from the OECD and Implications for the EMU
This paper investigates whether monetary and exchange rate policies are important for the success of major fiscal adjustments. We assess their role controlling for other determinants of success identified in the literature, including the size and compositi ...
2005Monetary-Fiscal Policy Interactions and Commitment Versus Discretion in a Monetary Union
We consider monetary fiscal policy interactions in a monetary union. If monetary and fiscal authorities have different ideal output and inflation targets, the Nash equilibrium output or inflation or both are beyond the ideal points of all authorities. Lead ...
Elsevier2001