This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the … associated loss. The primary target of the European central bank is low inflation in Europe. The primary target of the German … inflation and unemployment? Is monetary and fiscal cooperation superior to the sequential process of monetary and fiscal …

This book studies unemployment and inflation in economic crises, first considering the scenario of a demand shock in … European inflation. And what is more, there would be equally far-reaching fluctuations in the European money supply and … unemployment or European inflation; there would also be an explosion of European government purchases and an implosion of the …

Unternehmen. In der ökonomischen Theorie wurde die Hypothese effizienter Kapitalmärkte erst mit dem Aufkommen der …

Lobbying gegenüber. Für Lobbyisten besteht daher ein erheblicher Bedarf, ihre Einflussversuche besser auszugestalten und den …

This book focuses on the role of interest groups and their lobbying efforts in public policy. It applies strategic … contest theory as the basic methodology and clarifies the fundamental parameters that determine the behavior of the government …This book studies endogenous policy determination focusing on the role of interest groups and their lobbying efforts in …

1 Numerical Overview of Fiscal Cyclicality -- 2 Theory of Procyclical Fiscal Policy -- 3 Budget Deficits and Income …