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Titlebook: European Monetary Union; Theory, Evidence, an Michael Carlberg Book 1999 Springer-Verlag Berlin Heidelberg 1999 European Central Bank.Europ

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发表于 2025-3-21 18:18:18 | 显示全部楼层 |阅读模式
书目名称European Monetary Union
副标题Theory, Evidence, an
编辑Michael Carlberg
视频video
丛书名称Contributions to Economics
图书封面Titlebook: European Monetary Union; Theory, Evidence, an Michael Carlberg Book 1999 Springer-Verlag Berlin Heidelberg 1999 European Central Bank.Europ
描述This book explores the new macroeconomics of the European Monetary Union. It carefully discusses the effects of shocks and policy measures on em­ ployment, prices, and the current account. Take for instance a shock or a policy measure in a specific union country. Then what will be the results in the specific country, in the other union countries, and in the rest of the world? The targets of economic policy are full employment and price stability in each of the union of economic policy are monetary policy by the Euro­ countries. The instruments pean Central Bank and fiscal policies by national governments. What is the appropriate policy mix? A salient feature of this book is the numerical estimation of shock and policy multipliers. Money wages are fixed, flexible or downward rigid. The monetary union can be small or large. I had many helpful talks with Gerd Focke, Daphni-Marina Papadopoulou, Franco Reither, Wolf Schafer, Christine Schafer-Lochte, and Michael Schmid. In addition, Michael Brauninger and Michael Cyrus carefully discussed with me all parts of the manuscript. Last but not least, Doris Ehrich did the secretarial work as excellently as ever. I wish to thank all of them. Ex
出版日期Book 1999
关键词European Central Bank; European Monetary Union; Europäische Währungsunion; Europäische Zentralbank; Fisk
版次1
doihttps://doi.org/10.1007/978-3-642-86652-4
isbn_softcover978-3-7908-1191-9
isbn_ebook978-3-642-86652-4Series ISSN 1431-1933 Series E-ISSN 2197-7178
issn_series 1431-1933
copyrightSpringer-Verlag Berlin Heidelberg 1999
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发表于 2025-3-21 22:12:11 | 显示全部楼层
Book 1999ou, Franco Reither, Wolf Schafer, Christine Schafer-Lochte, and Michael Schmid. In addition, Michael Brauninger and Michael Cyrus carefully discussed with me all parts of the manuscript. Last but not least, Doris Ehrich did the secretarial work as excellently as ever. I wish to thank all of them. Ex
发表于 2025-3-22 02:24:12 | 显示全部楼层
https://doi.org/10.1007/978-3-540-74595-2This book explores the new macroeconomics of the European Monetary Union. It carefully discusses the effects of shocks and policy measures on employment, prices, and the current account. What are the prospects and challenges that lie ahead?
发表于 2025-3-22 05:56:21 | 显示全部楼层
Buyer Persona in der Unternehmenspraxis,As a starting point take the classic papers by Fleming (1962) and Mundell (1963, 1964, 1968). They discuss monetary and fiscal policy in an open economy characterized by perfect capital mobility. The exchange rate can either be flexible or fixed. They consider both the small open economy and the world economy made up of two large countries.
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https://doi.org/10.1007/978-3-030-12306-2Imagine an increase in Belgian government purchases. How does this impinge on Belgian income? And what about income in the other union countries? We start again from the premise that the union countries are the same size and have the same behavioural functions. The fiscal policy multipliers can be obtained in full analogy to chapters 1 and 2:
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IntroductionThis book explores the new macroeconomics of the European Monetary Union. It carefully discusses the effects of shocks and policy measures on employment, prices, and the current account. What are the prospects and challenges that lie ahead?
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Small Union as a WholeA monetary expansion by the European Central Bank gives rise to a depreciation of the euro. What will be the effect upon union income? On the other hand, a fiscal expansion by union governments gives rise to an appreciation of the euro. How will union income respond to this? And, third, what will be the implications of a wage shock to the union?
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