Macroeconomics of Monetary Union PDF ePub eBook

Books Info:

Macroeconomics of Monetary Union free pdf This book, unlike other books, provides readers with a practical yet sophisticated grasp of the macroeconomic principles necessary to understand a monetary union. By definition, a monetary union is a group of countries that share a common currency. The most important case in point is the Euro area. Policy makers are the central bank, national governments, and national labour unions. Policy targets are price stability and full employment. Policy makers follow cold-turkey or gradualist strategies. Policy decisions are taken sequentially or simultaneously. The countries can differ in size or behaviour. Policy expectations are adaptive or rational. To illustrate all of this there are numerical simulations of monetary policy, fiscal policy, and wage policy.

About Michael Carlberg

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Details Book

Author : Michael Carlberg
Publisher : Springer-Verlag Berlin and Heidelberg GmbH
Data Published : 04 July 2007
ISBN : 3540736328
EAN : 9783540736325
Format Book : PDF, Epub, DOCx, TXT
Number of Pages : 304 pages
Age + : 18 years
Language : English
Rating :

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