Inflation and Unemployment in a Monetary Union
Michael Carlberg
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Description for Inflation and Unemployment in a Monetary Union
Paperback. This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the associated loss. It further gives a description of processes in a monetary union where different targets are pursued by various institutions. Num Pages: 243 pages, 71 black & white tables, biography. BIC Classification: KCB. Category: (P) Professional & Vocational. Dimension: 234 x 156 x 13. Weight in Grams: 403.
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 primary target of the French government is low unemployment in France. The European central bank has a quadratic loss function. The same applies to the German government and the French government. The key questions are: To what extent can the sequential process of monetary and fiscal decisions reduce the loss ... Read more
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 primary target of the French government is low unemployment in France. The European central bank has a quadratic loss function. The same applies to the German government and the French government. The key questions are: To what extent can the sequential process of monetary and fiscal decisions reduce the loss ... Read more
Product Details
Format
Paperback
Publication date
2010
Publisher
Springer-Verlag Berlin and Heidelberg GmbH & Co. KG Germany
Number of pages
243
Condition
New
Number of Pages
243
Place of Publication
Berlin, Germany
ISBN
9783642098178
SKU
V9783642098178
Shipping Time
Usually ships in 15 to 20 working days
Ref
99-15
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