This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the European Central Bank and the Stability and Growth Pact. Macroeconomic policy is often hotly...

This book is a unique tool providing facts, figures and analysis of economic growth in OECD countries. The analysis focuses on the growth patterns of OECD countries during the last decade and identifies the fundamental drivers of growth. It also looks at how and why countries react differently...

Diese Veröffentlichung bietet einen einzigartigen Überblick über Fakten, Daten und Analysen des Wirtschaftswachstums in den OECD-Ländern. Betrachtet werden vor allem die Wachstumsstrukturen der OECD-Länder in den letzten zehn Jahren, wobei versucht wird, die wichtigsten Antriebskräfte des...

There is much confusion in the economics literature on wage determination and the employment-inflation trade-off. Few model builders pay as much careful attention to the definition and meaning of long-run concepts as did Albert Ando. Expanding on years of painstaking work by Ando, the...

This collection of essays is a state-of-the-art analysis of key issues confronting the European Union. Identifying European economic integration as one of the defining features of modern international economics, the authors examine many aspects and consequences of this integration which remain...

This book explores the origins, rationale, problems and prospects of the European fiscal policy framework. It provides the reader with a roadmap to EMU's budgetary framework by exploring its theoretical and empirical foundations, uncovering its historical roots and emphasising its supranational...

Against the backdrop of the financial crisis that unfolded in 2008, this book deals with policy challenges going forward, focusing in particular on the ongoing catching-up process in Central, Eastern and South-Eastern European countries