Dynamic Policy Interactions in a Monetary Union

Dynamic Policy Interactions in a Monetary Union by Michael Carlberg.

This book studies the dynamics of monetary and fiscal interactions in the Euro Area. The policy makers are the European Central Bank and national governments. The primary target of the ECB is low inflation. And the primary target of a national government is low unemployment. However, there is a shor...

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Bibliographic Details
Main Author: Carlberg, Michael (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Berlin, Heidelberg : Springer Berlin Heidelberg : Imprint: Springer, 2011.
Edition:1st ed. 2011.
Series:Springer eBook Collection.
Subjects:
Macroeconomics.
International economics.
Labor economics.
Electronic resources (E-books)
Online Access:Click to view e-book
Holy Cross Note:Loaded electronically.
Electronic access restricted to members of the Holy Cross Community.
Table of Contents:
  • 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
  • Central Bank and Governments Decide Simultaneously and Independently: Gradualist Policies
  • Central Bank and Government Cooperate
  • Appendix
  • Conclusion
  • Result
  • The Current Research Project.

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