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 --...

This book focuses on the economic and political relationships between Russia and Europe, which are currently characterized by the existence and escalation of contradictions. On the one hand, the common history and geographical proximity of Russia and Europe have naturally produced a close...

This book explores the diverse challenges facing the EU and in particular examines the impediments to financial stability and sustainable growth and how these can be overcome. Among the topics explored are the extent to which monetary union has favored real convergence, competitive imbalances in...

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...

Einführung -- Gemeinsamer Markt.- Politische Institutionen der EU -- Europäisches System der Zentralbanken (ESZB) -- Europäische Kohäsionspolitik -- Agrarpolitik -- Koordination der Finanzpolitik - Stabilitäts- und Wachstumspaket -- Europäische Beschäftigungspolitik und die Offene Methode...

Studies the interactions between monetary and wage policies in the euro area. This book discusses the process of policy competition and the structure of policy cooperation. It also features numerical simulations of policy competition and numerical solutions to policy cooperation