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Strategic Policy Interactions in a Monetary Union
Michael Carlberg
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Description for Strategic Policy Interactions in a Monetary Union
Hardback. This book studies the strategic policy interactions in a monetary union. It develops a series of basic, intermediate, and more advanced models and provides readers with a practical grasp of the macroeconomic principles necessary to understand a monetary union. Num Pages: 256 pages, biography. BIC Classification: KCB; KCL; KCP. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 17. Weight in Grams: 1250.
This book studies the strategic policy interactions in a monetary union. The leading protagonists are the European Central Bank and national governments. The target of the ECB is low inflation in Europe. The targets of a national government are low unemployment and a low structural deficit. There are demand shocks, supply shocks, and mixed shocks. There are country-specific shocks and common shocks. This book develops a series of basic, intermediate, and more advanced models. Here the focus is on the Nash equilibrium. The key questions are: Given a shock, can policy interactions reduce the existing loss? And to what extent ... Read more
This book studies the strategic policy interactions in a monetary union. The leading protagonists are the European Central Bank and national governments. The target of the ECB is low inflation in Europe. The targets of a national government are low unemployment and a low structural deficit. There are demand shocks, supply shocks, and mixed shocks. There are country-specific shocks and common shocks. This book develops a series of basic, intermediate, and more advanced models. Here the focus is on the Nash equilibrium. The key questions are: Given a shock, can policy interactions reduce the existing loss? And to what extent ... Read more
Product Details
Format
Hardback
Publication date
2009
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
256
Condition
New
Number of Pages
256
Place of Publication
Berlin, Germany
ISBN
9783540927501
SKU
V9783540927501
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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