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Featured researches published by B. van Aarle.


IFAC Proceedings Volumes | 1998

Fiscal Policy Interaction in the EMU

Jacob Engwerda; B. van Aarle; Joseph Plasmans

Abstract This paper studies the interaction of fiscal stabilization policies in the Economic and Monetary Union (EMU). The “Excessive Deficits” Procedure of the Maastricht Trooty and its elaborations in the recent “Stability and Growth Pact“ introduce a set of fiscal stringency rqeuirements. Situations might arise where the need for fiscal flexibility and the fiscal stringency requirements will create a conflict and suboptimal macroeconomic policies are implemented. Macroeconomic adjustment under non-eooperative and cooperative fiscal policy design in the EMU is analyzed and compared. In addition it is analyzed how fiscal stringency requirements like the Stability and Growth Pact affect fiscal policy design under EMU


Series: Dynamic Modeling and Econometrics in Economics and Finance | 2006

Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations

J.E.J. Plasmans; Jacob Engwerda; B. van Aarle; G. Di Bartolomeo; Tomasz P. Michalak


Archive | 2001

Monetary and fiscal policy design in the EMU using a dynamic game approach : An overview

B. van Aarle; G. Di Bartolomeo; Jacob Engwerda; Joseph Plasmans


Applied Economics Quarterly | 1997

Currency Substitution and Currency Controls: the Polish Experience of 1990

B. van Aarle


Macroeconomic Dynamics | 2018

Debt stabilization in the presence of risk premia : A dynamic game approach

Tzanis Anevlavis; George P. Papavassilopoulos; Jacob Engwerda; B. van Aarle


Wirtschaftspolitik im Wandel der Zeit | 2016

Debt stabilization games in a monetary union with endogenous risk premia

J.C. Engwerda; B. van Aarle; A.J.T.M. Weeren; J.E.J. Plasmans; N. Wohlgemuth; D. Bluschke


Personality and Individual Differences | 2012

Debt Stabilization Games in the Presence of Risk Premia

Jacob Engwerda; B. van Aarle; Joseph Plasmans; A.J.T.M. Weeren


Applied Economics Quarterly | 2004

Policy Rules in the Euro-Area and International Interdependencies

B. van Aarle; J.H. Garretsen; Florence Huart


Archive | 2003

Transatlantic Monetary and Fiscal Policy

B. van Aarle; J.H. Garretsen; Florence Huart


Siam Journal on Algebraic and Discrete Methods | 1995

Geldmarktintegratie, geloofwaardigheid van het monetaire beleid en wisselkoersstabiliteit in het EMS

B. van Aarle; Sylvester C. W. Eijffinger; Jan Lemmen

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George P. Papavassilopoulos

National Technical University of Athens

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