书目名称 | Dynamic Policy Interactions in a Monetary Union | 编辑 | Michael Carlberg | 视频video | | 概述 | A series of basic, intermediate, and more advanced models help the reader to understand and proceed quickly.The investigation covers demand shocks, supply shocks, and mixed shocks.The analysis include | 图书封面 |  | 描述 | This book studies the dynamics of monetary and fiscal interactions in the Euro Area. The policy makers are the European Central Bank and national governments. The primary target of the ECB is low inflation. And the primary target of a national government is low unemployment. However, there is a short-run trade-off between low inflation and low unemployment. Here the main focus is on sequential policy decisions. Another focus is on simultaneous and independent policy decisions. And a third focus is on policy cooperation. There are demand shocks, supply shocks, and mixed shocks. There are country-specific shocks and common shocks. The key question is: Given a shock, what are the dynamic characteristics of the resulting process? | 出版日期 | Book 2011 | 关键词 | Dynamic Interactions; European Monetary Union; Inflation and Unemployment; Monetary and Fiscal Policies | 版次 | 1 | doi | https://doi.org/10.1007/978-3-642-18228-0 | isbn_softcover | 978-3-642-44266-7 | isbn_ebook | 978-3-642-18228-0 | copyright | Springer-Verlag Berlin Heidelberg 2011 |
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