Titlebook: Economic Policy in a Monetary Union; Michael Carlberg Book 2000 Springer-Verlag Berlin Heidelberg 2000 Fiskalpolitik.Geldpolitik.Policy Mi

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Kristie L. Poole,Alva Tang,Louis A. SchmidtThe model. Understanding the world as a whole is helpful in understanding a world of two (or three) regions. Take for instance an increase in world government purchases of 100. Then what will be the effect on world income? Similarly, take a 1 percent increase in world money supply.

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Behavioral Intervals in Embedded SoftwareThe money market equations are as follows: . Assume that the regions are the same size and have the same behavioural functions.

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Donna Hubbard McCree,Anne M. RompaloFiscal policy. Let the regions be the same size and let them have the same behavioural functions. Consider for example fiscal policy in region 1. We assume that the effect on world income is

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The Small Union of n CountriesFiscal policy. For the time being, we assume that the union countries are the same size and have the same behavioural functions. Consider an increase in the government purchases of country 1. Then the fiscal policy multipliers for countries 1 and 2

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The World of n RegionsFiscal policy. Let the regions be the same size and let them have the same behavioural functions. Consider for example fiscal policy in region 1. We assume that the effect on world income is

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