ETH Zürich - CER-ETH - Center of Economic Research at ETH Zurich
currency board, fixed exchange rate, commitment, inflation bias, fiscal discipline, public debt, time-inconsistency problem
monetary union, heterogeneities, policy game, simultaneous policy,sequential policy, coordination, discretionary policies
Countercyclical fiscal policy, welfare costs, nominal rigidities
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debt restriction, debt-sensitive majority rule, fiscal policy, public debt, public goods, simple majority rule, voting
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