This book studies unemployment and inflation in economic crises, first considering the scenario of a demand shock in … Europe. In that case, monetary and fiscal interaction would cause widespread oscillations in European unemployment and … unemployment or European inflation; there would also be an explosion of European government purchases and an implosion of the …

This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the … government is low unemployment in Germany. And the primary target of the French government is low unemployment in France. The … inflation and unemployment? Is monetary and fiscal cooperation superior to the sequential process of monetary and fiscal …

are low unemployment and a low structural deficit. There are demand shocks, supply shocks, and mixed shocks. There are …