| 書(shū)目名稱(chēng) | Strategic Policy Interactions in a Monetary Union | | 編輯 | Michael Carlberg | | 視頻video | http://file.papertrans.cn/879/878791/878791.mp4 | | 概述 | Provides readers with a practical grasp of the macroeconomic principles necessary to understand a monetary union.With numberical simulations of monetary policy, fiscal policy, and wage policy.Describe | | 圖書(shū)封面 |  | | 描述 | 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 can they do so? Another topical issue is policy cooperation. To illustrate all of this there are a lot of numerical examples. The present book is part of a larger research project on European Monetary Union, see the references given at the back of the book. Some parts of this project were presented at the World Congress of the International Economic Association, at the International Conference on Macroeconomic Analysis, at the International Institute of Public Finance, and at the International Atlantic Economic Conference. Other parts were presented at the Macro | | 出版日期 | Book 2009 | | 關(guān)鍵詞 | EU; European Monetary Union; Fiscal Policy; Inflation; Macroeconomics; Monetary Policy; Monetary Union; Pol | | 版次 | 1 | | doi | https://doi.org/10.1007/978-3-540-92751-8 | | isbn_softcover | 978-3-642-10084-0 | | isbn_ebook | 978-3-540-92751-8 | | copyright | Springer-Verlag Berlin Heidelberg 2009 |
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