美国是欧洲的先例

G. Bertola, J. Driffíll, H. James, H. Sinn, J. Sturm, Á. Valentinyi
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引用次数: 5

摘要

本章调查了美国财政和金融一体化中最受广泛争议的两个方面:(1)联邦对州一级债务和州信誉的责任;(2)联邦中央银行的运作。今天美国的财政联邦制相对稳健,但自1790年以来的道路崎岖不平;美联储的头20年与欧洲央行的头15年一样充斥着货币错误。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
US Precedents for Europe
This chapter investigates two of the most widely debated aspects of US fiscal and financial integration: (1) the responsibility of the federation for state-level debts and for the creditworthiness of states; and (2) the working of a federal central bank. Today’s fiscal federalism in the United States is relatively robust, but the road from 1790 was rocky; and the first two decades of the Federal Reserve as rife with monetary mistakes as the first fifteen years of the European Central Bank.
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