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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 primary target of the French government is low unemployment in France. The …
Persistent link: https://www.econbiz.de/10013520991
The Economics of Monetary Union: the Theory of Optimum Currency Areas (OCAs) -- The Economic Rationale of Fiscal Rules in OCAs: The SGP and the EDP -- To Cope with Asymmetric Shocks in EMU: The Role of Labour Market Flexibility -- The Concept of Labour Market Flexicurity in the Eurozone -- The...
Persistent link: https://www.econbiz.de/10014016996
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
U.K., Japan, France and Germany with respect to the United States is conducted. The resulting conclusion is that real …
Persistent link: https://www.econbiz.de/10013521314
Sebastian Dullien gives a novel explanation for unemployment and inflation in the Euro-Zone. He argues that …-operation between both actors is necessary for high employment and low inflation. The current institutional set-up is found to be unable …
Persistent link: https://www.econbiz.de/10012053776
ministries, employers' organizations and trade unions in Britain, France and Germany. It examines why actors perceived EMU to …
Persistent link: https://www.econbiz.de/10011612318
The first systematic analysis of why Britain and France parted company on the issue of European monetary integration … thought; Britain and France pursued broadly similar policies on the issue until the end of the 1970s …
Persistent link: https://www.econbiz.de/10012053939
cash could also significantly impact the public’s monetary psychology, thereby influencing their inflation expectations …
Persistent link: https://www.econbiz.de/10012397270
Costa. The Eurozone’s Private and Governmental Shock Absorbers: Current Setup and Future Prospects -- RODRIGUES, Nuno Cunha … and GONÇALVES, José Renato. The European banking union and the Economic and Monetary Union: the puzzle is yet to be …
Persistent link: https://www.econbiz.de/10012397341
Policy -- Chapter 8: The Burden of Public Debt and the European Stability Mechanism -- Chapter 9: The Banking Union and …
Persistent link: https://www.econbiz.de/10012397441