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Does EMU Need a Fiscal Federation?1 Antonio Fatás INSEAD and CEPR Summary The stabilization provided by the US federal budget has been used as an example of the
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Document Date: 2000-07-05 18:00:00


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Europe / /

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France / Austria / United States / United Kingdom / Ireland / /

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USD / cent / /

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interregional insurance benefits / cross-country insurance / possible solution / tax systems / insurance role / overall insurance potential / insurance benefits / gross state product / potential insurance benefits / interregional insurance / insurance potential / insurance system / insurance effect / interstate insurance / insurance properties / modest insurance / /

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federal government / INSEAD / Fiscal Federation / European monetary union / European Union / OECD / /

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Philippe Martin / /

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