Item description for Monetary and Wage Policies in the Euro Area by Michael Carlberg...
This book studies the interactions between monetary and wage 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 labour union, and the French labour union. 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 wage 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: 9.1" Width: 6.2" Height: 0.9" Weight: 1.25 lbs.
Release Date Oct 9, 2006
ISBN 3540369333 ISBN13 9783540369332
Availability 114 units. Availability accurate as of Jan 22, 2017 03:35.
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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.