Economic Policy in a Monetary Union

ISBN-13: 9783540675587 / Angielski / Twarda / 2000 / 292 str.

Michael Carlberg; M. Carlberg

Opis

Explores the scope and limit of macroeconomic policy in the monetary union. The focus is on pure policies, policy mixes and policy co-ordination. Special emphasis is put on wage shocks and wage restraint. Diagrams serve to illustrate the subject in hand.

Spis treści

Basic Models: The Small Country in the Large Union.- The Small Union as a Whole.- The Small Union of Two Countries.- The Small Country in the Large Union: Wage Shocks.- Flexible Wages.- The Small Union: The Small Union as a Whole.- The Small Union of Two Countries.- The Small Union of Three Countries.- The Small Union of n Countries.- The Large Union: The World as a Whole.- The World of Two Regions.- The World of Three Regions.- The World of Four Regions.- The World of n Regions.- The Small Country in the Large Union.- The Large Union of Two Countries.- Synopsis.- Conclusion.- Result.- References.