Macroeconomics of Monetary Union

This book, unlike other books, provides readers with a practical yet sophisticated grasp of the macroeconomic principles necessary to understand a monetary union. By definition, a monetary union is a group of countries that share a common currency. The most important case in point is the Euro area....

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Main Author: Carlberg, Michael
Corporate Author: SpringerLink (Online service)
Format: eBook
Published: Berlin, Heidelberg Springer Berlin Heidelberg 2007, 2007
Edition:1st ed. 2007
Online Access:
Collection: Springer eBooks 2005- - Collection details see MPG.ReNa
Table of Contents:
  • Cold-Turkey Policies
  • Simultaneous Decisions: Gradualist Policies
  • Fiscal Shocks in Germany
  • The Countries Differ in Size
  • The Countries Differ in Behaviour
  • Rational Policy Expectations
  • Monetary and Fiscal Policies The Case of Three Countries
  • Monetary Policy in Europe
  • Fiscal Policies in Germany, France and Italy
  • Monetary and Fiscal Competition
  • Monetary and Fiscal Cooperation
  • Monetary and Wage Policies Basic Models
  • Wage Policies in Germany and France
  • Competition between European Central Bank, German Labour Union, and French Labour Union
  • Cooperation between European Central Bank, German La