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in legislatures. The chapters of this book contribute to the theory of voting with incomplete information, to the … literature on Downsian and probabilistic voting models of elections, to the theory of social choice in distributive environments …, and to the theory of optimal dynamic decision-making. The essays employ a spectrum of research methods, from game …
Persistent link: https://www.econbiz.de/10014014033
This book studies the strategic policy interactions in a monetary union. The leading protagonists are the European Central Bank and national governments. The target of the ECB is low inflation in Europe. The targets of a national government are low unemployment and a low structural deficit....
Persistent link: https://www.econbiz.de/10013521136
The Closed Economy: Absence of a Deficit Target. -- Monetary Policy -- Fiscal Policy -- Monetary and Fiscal Interaction -- Monetary and Fiscal Cooperation -- The Closed Economy: Presence of a Deficit Target -- Fiscal Policy -- Monetary and Fiscal Interaction -- Monetary and Fiscal Cooperation --...
Persistent link: https://www.econbiz.de/10013522783