Description: International Economic Policy Coordination, Hardcover by Carlberg, Michael, ISBN 354024445X, ISBN-13 9783540244455, Like New Used, Free shipping in the US This book studies the international coordination of monetary and fiscal policies in the world economy. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on monetary and fiscal competition between Europe and America. Similarly, as to policy cooperation, the focus is on monetary and fiscal cooperation between Europe and America. The spillover effects of monetary policy are negative while the spillover effects of fiscal policy are positive. The policy targets are price stability and full employment. The policy makers follow either cold-turkey or gradualist strategies. Policy expectations are adaptive or rational. The world economy consists of two, three or more regions. The present book is part of a larger research project on European Monetary Union, see the references at the back of th. Some parts of this project were presented at the World Congress of the International Economic Association in Lisbon. Other parts were presented at the International Institute of Public Finance, at the Macro Study Group of the German Economic Association, at the Annual Meeting of the Austrian Economic Association, at the Gottingen Workshop on International Economics, at the Halle Workshop on Monetary Economics, at the Research Seminar on Macroeconomics in Freiburg, and at the Passau Workshop on International Economics.
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Book Title: International Economic Policy Coordination
Number of Pages: Xvi, 312 Pages
Language: English
Publication Name: International Economic Policy Coordination
Publisher: Springer Berlin / Heidelberg
Item Height: 0.4 in
Subject: Economics / Macroeconomics, International / General, Public Policy / Economic Policy, Money & Monetary Policy
Publication Year: 2005
Type: Textbook
Item Weight: 49.7 Oz
Author: Michael Carlberg
Subject Area: Political Science, Business & Economics
Item Length: 9.3 in
Item Width: 6.1 in
Format: Hardcover
