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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...
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der ökonomischen Theorie dar. Angesichts immer neuer Höchststände der nationalen Verschuldung in vielen westlichen … – mit unabhängigen Institutionen plädiert, ähnlich wie es auf dem Gebiet der Geldpolitik theoretisch begründbar und … assumption of economic theory is the politician maximizing the probability of his own reelection. Towering public debt in many …
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