Monetary Union and Fiscal Stability
Frank Bohn
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Description for Monetary Union and Fiscal Stability
Paperback. This text addresses the macroeconomic implications of a country's transition to a monetary union. Not only can the reader draw lessons for newly joining members to the EMU or to any other monetary union, but the analysis also offers a new explanation for the weak Euro in the first week of 1999. Series: Contributions to Economics. Num Pages: 225 pages, 1 black & white illustrations, 5 black & white tables, biography. BIC Classification: 1QFE; KCBM; KFFD. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 13. Weight in Grams: 770.
This book addresses the macroeconomic implications of a country's transition to a monetary union. By using a dynamic multi-country simulation model, it is possible to pinpoint a monetary union, and repercussions produced by fiscal retrenchment policies. Interest and exchange rate effects could only be captured once a new approach including innovations in the solution methodology had been developed. Not only can we draw lessons for newly joining members to the EMU or to any other monetary union, but the analysis also implicitly offers a new explanation for the weak Euro in the first half of 1999.
This book addresses the macroeconomic implications of a country's transition to a monetary union. By using a dynamic multi-country simulation model, it is possible to pinpoint a monetary union, and repercussions produced by fiscal retrenchment policies. Interest and exchange rate effects could only be captured once a new approach including innovations in the solution methodology had been developed. Not only can we draw lessons for newly joining members to the EMU or to any other monetary union, but the analysis also implicitly offers a new explanation for the weak Euro in the first half of 1999.
Product Details
Format
Paperback
Publication date
2000
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
225
Condition
New
Series
Contributions to Economics
Number of Pages
225
Place of Publication
Heidelberg, Germany
ISBN
9783790812664
SKU
V9783790812664
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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