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Persistent link: https://www.econbiz.de/10013520482
European inflation. And what is more, there would be equally far-reaching fluctuations in the European money supply and … European money supply. Monetary and fiscal interactions would produce uniform oscillations in American unemployment and … American inflation. Lastly, we would also see an implosion of both the American money supply and American government purchases …
Persistent link: https://www.econbiz.de/10013522949
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
Persistent link: https://www.econbiz.de/10013520641
Within the New Consensus Macroeconomics, monetary policy is upgraded while fiscal policy is downgraded. This new monetary policy has been the main instrument of policy under the guise of inflation targeting, an approach pursued by a number of central banks worldwide. This book raises problems...
Persistent link: https://www.econbiz.de/10012054254
positioned to relate explicitly to theory, and to look ahead to and preempt global macro situations and polices in the years to …
Persistent link: https://www.econbiz.de/10012398057
. Im Ergebnis zeigt sich, wie wichtig die Geldpolitik ist, um Panik und Unsicherheit rasch bekämpfen zu können. Sie kommt …
Persistent link: https://www.econbiz.de/10014017736
Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between countries and currency areas using a dynamic game approach. The first four chapters introduce the reader to the dynamics of fiscal and monetary policy...
Persistent link: https://www.econbiz.de/10013520414
This is what we've all been waiting for - a book that demystifies the European community's monetary union. Unlike other books, this one provides readers with a practical yet sophisticated grasp of the macroeconomic principles necessary to understand a monetary union. The most important case in...
Persistent link: https://www.econbiz.de/10013520823
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 government is low unemployment in Germany. And the...
Persistent link: https://www.econbiz.de/10013520991
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