Dynamic Policy Interactions in a Monetary Union

• Κύριος συγγραφέας: Carlberg, Michael (Συγγραφέας)
• Συγγραφή απο Οργανισμό/Αρχή: SpringerLink (Online service)
• Μορφή: Ηλεκτρονική πηγή Ηλ. βιβλίο
• Γλώσσα: English
• Έκδοση: Berlin, Heidelberg : Springer Berlin Heidelberg, 2011.
• Θέματα: Macroeconomics.; International economics.; Labor economics.; Economics.; Macroeconomics/Monetary Economics//Financial Economics.; International Economics.; Labor Economics.

This book studies the dynamics of monetary and fiscal interactions in the Euro Area. The policy makers are the European Central Bank and national governments. The primary target of the ECB is low inflation. And the primary target of a national government is low unemployment. However, there is a shor...

Πίνακας περιεχομένων:

• Some Basic Models
• Monetary Policy in Europe
• Fiscal Policy in Germany
• First the Central Bank Decides, then the Governments Decide
• First the Governments Decide, then the Central Bank Decides
• Central Bank and Governments Decide Simultaneously and Independently: Cold-Turkey Policies
• Central Bank and Governments Decide Simultaneously and Independently: Gradualist Policies
• Central Bank and Government Cooperate
• Appendix
• Conclusion
• Result
• The Current Research Project.