A number of issues pertaoning to fiscal and monetary policy have been brought to the center stage of both policy debates and academic research in the aftermath of the recent financial crisis. The conference aims to bring together some of the recent papers on the topics listed below.
1) Debt consolidation, fiscal rules, debt sustainability, sovereign debt crises and default;
2) Fiscal and monetary policy in a liquidity trap, financial frictions;
3) Policy coordination and spillovers in an open economy or in a monetary union.
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