The focus of this volume is on the European context of public budget policy and a variety of different approaches are used - theoretical modelling, econometrics and applied general equilibrium modelling. Empirical evidence and case studies of European countries are contained in all the papers.
The papers cover the four general themes of public budget policy:
* economic stabilization, in view of the Economic and Monetary Union in the European Community
* reinforcing structural change, involved in market liberalization and harmonization of economic structures
* its...

The papers in this much-needed collection employ Applied General Equilibrium methodology to address a wide variety of concerns within the European Union. Contributors examine five main policy areas:
* international market integration
* policy simulations with alternative treatments of factor markets
* policies for carbon dioxide abatement
* competitiveness and convergence
* VAT and income tax reform.

This volume analyzes the causes and consequences of French monetary policy and financial deregulation during the 1980s. Using recent econometric techniques, they demonstrate a strategy that the UK is still hesitating to fully adopt. This volume draws together a collection of complementary essays which use a variety of different research techniques to: show that the widening of the financial markets makes it relevant to model the financial assests of households and insurance companies using portfolio choice theory; explain how the French economy has deepened its integration into the world...