Item description for International Economic Policy Coordination by Michael Carlberg...
This book studies the international coordination of monetary and fiscal policies in the world economy. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on monetary and fiscal competition between Europe and America. Similarly, as to policy cooperation, the focus is on monetary and fiscal cooperation between Europe and America. The spillover effects of monetary policy are negative while the spillover effects of fiscal policy are positive. The policy targets are price stability and full employment. The policy makers follow either cold-turkey or gradualist strategies. Policy expectations are adaptive or rational. The world economy consists of two, three or more regions.
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Est. Packaging Dimensions: Length: 9.4" Width: 6.2" Height: 0.9" Weight: 1.3 lbs.
Release Date Apr 19, 2005
ISBN 354024445X ISBN13 9783540244455
Availability 137 units. Availability accurate as of May 25, 2017 01:27.
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More About Michael Carlberg
Michael Carlberg currently resides in Hamburg. Michael Carlberg was born in 1962 and has an academic affiliation as follows - University of Hamburg.