Item description for Monetary and Fiscal Policies in the Euro Area by Michael Carlberg...
This book studies the interactions between monetary and fiscal policies in the euro area. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the European central bank, the American central bank, the German government, and the French government. As to policy cooperation, the focus is on the same institutions. These are higher-dimensional issues. The policy targets are price stability and full employment. The policy makers follow cold-turkey or gradualist strategies. The policy decisions are taken sequentially or simultaneously. Monetary and fiscal policies have spillover effects. Special features of this book are numerical simulations of policy competition and numerical solutions to policy cooperation.
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Est. Packaging Dimensions: Length: 9.3" Width: 6.3" Height: 0.9" Weight: 1.15 lbs.
Release Date Jan 13, 2006
ISBN 3540297995 ISBN13 9783540297994
Availability 147 units. Availability accurate as of May 27, 2017 12:00.
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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.