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Dynamic Policy Interactions in a Monetary Union
Michael Carlberg
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Description for Dynamic Policy Interactions in a Monetary Union
Hardback. This volume studies the dynamics of monetary and fiscal interactions in Europe. The text focuses on sequential policy decisions, simultaneous and independent policy decisions, and policy cooperation. Num Pages: 347 pages, biography. BIC Classification: 1QFE; KCB; KCF; KCL. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 20. Weight in Grams: 1500.
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 short-run trade-off between low inflation and low unemployment. Here the main focus is on sequential policy decisions. Another focus is on simultaneous and independent policy decisions. And a third focus is on policy cooperation. There are demand shocks, supply shocks, and mixed shocks. There are country-specific shocks and common shocks. The ... Read more
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 short-run trade-off between low inflation and low unemployment. Here the main focus is on sequential policy decisions. Another focus is on simultaneous and independent policy decisions. And a third focus is on policy cooperation. There are demand shocks, supply shocks, and mixed shocks. There are country-specific shocks and common shocks. The ... Read more
Product Details
Format
Hardback
Publication date
2011
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
347
Condition
New
Number of Pages
347
Place of Publication
Berlin, Germany
ISBN
9783642182273
SKU
V9783642182273
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
About Michael Carlberg
Michael Carlberg is Professor at Helmut Schmidt University in Hamburg, Germany. His research is on Macroeconomics, Monetary Economics, and International Economics.
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