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2001, ISBN: 9783642075568

This book explores the new economics of monetary UnIon. It carefully discusses the effects of shocks and policies on output and prices. Shocks and policies are country-specific or common.… Mehr…

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ISBN: 9783642075568

This book explores the new economics of monetary UnIon. It carefully discusses the effects of shocks and policies on output and prices. Shocks and policies are country-specific or common.… Mehr…

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Carlberg, Michael:
An Economic Analysis of Monetary Union - Taschenbuch

2010, ISBN: 3642075568

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An Economic Analysis of Monetary Union by Michael Carlberg Paperback | Indigo Chapters
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9783642075568


This book explores the new economics of monetary union. It carefully discusses the effects of shocks and policies on output and prices. Shocks and policies are country-specific or common. They occur on the demand or supply side. Countries can differ in behavioural functions. Wages can be fixed, flexible, or slow. In addition, fixed wages and flexible wages can coexist. Take for instance fixed wages in Germany and flexible wages in France. Or take fixed wages in Europe and flexible wages in America. A special feature of this book is the numerical estimation of shock and policy multipliers. Further topics are inflation and disinflation. Take for instance inflation in Germany and price stability in France. Then what policy is needed for disinflation in the union? And what will be the dynamic effects on Germany and France?

Detailangaben zum Buch - An Economic Analysis of Monetary Union by Michael Carlberg Paperback | Indigo Chapters


EAN (ISBN-13): 9783642075568
ISBN (ISBN-10): 3642075568
Gebundene Ausgabe
Taschenbuch
Erscheinungsjahr: 2010
Herausgeber: Michael Carlberg
276 Seiten
Gewicht: 0,414 kg
Sprache: eng/Englisch

Buch in der Datenbank seit 2011-10-30T11:35:07+01:00 (Vienna)
Detailseite zuletzt geändert am 2023-07-26T16:20:37+02:00 (Vienna)
ISBN/EAN: 9783642075568

ISBN - alternative Schreibweisen:
3-642-07556-8, 978-3-642-07556-8
Alternative Schreibweisen und verwandte Suchbegriffe:
Autor des Buches: otto wolf, johannes wolf, gerhard wolf, doris wolf, hackmann, schmid michael
Titel des Buches: analysis, monet, union

Daten vom Verlag:

Autor/in: Michael Carlberg
Titel: An Economic Analysis of Monetary Union
Verlag: Springer; Springer Berlin
256 Seiten
Erscheinungsjahr: 2010-12-15
Berlin; Heidelberg; DE
Gedruckt / Hergestellt in Niederlande.
Gewicht: 0,454 kg
Sprache: Englisch
106,99 € (DE)
109,99 € (AT)
118,00 CHF (CH)
POD
XV, 256 p.

BC; Macroeconomics/Monetary Economics//Financial Economics; Hardcover, Softcover / Wirtschaft/Volkswirtschaft; Makroökonomie; Verstehen; EU; Fiscal Policy; Inflation; Monetary Policy; Monetary Union; Wages; International Economics; Macroeconomics and Monetary Economics; International Economics; Internationale Wirtschaft; BB

One. The Small Union as a Whole.- 1. Fixed Money Wages.- 1. The Model.- 2. Monetary Policy.- 3. Fiscal Policy.- 4. Wage Shocks.- 5. Productivity Shocks.- 6. Summary.- 2. Flexible Money Wages.- 1. The Model.- 2. Monetary Policy.- 3. Fiscal Policy.- 4. Labour Supply Shocks.- 5. Productivity Shocks.- 6. Summary.- 3. Slow Money Wages.- 1. Producer Price Inflation.- 1.1. The Model.- 1.2. Some Shocks.- 1.3. Extensions.- 2. Consumer Price Inflation.- 2.1. The Model.- 2.2. Monetary Shocks.- 3. Summary.- Two. The Small Union of Two Countries.- 1. Fixed Money Wages.- 1. The Model.- 2. Monetary Policy.- 3. Fiscal Policy.- 4. Wage Shocks.- 5. Productivity Shocks.- 6. Summary.- 2. Flexible Money Wages.- 1. The Model.- 2. Monetary Policy.- 3. Fiscal Policy.- 4. Labour Supply Shocks.- 5. Productivity Shocks.- 6. Summary.- 3. Fixed Money Wages in Germany, Flexible Money Wages in France.- 1. The Model.- 2. Monetary Policy in the Union.- 3. Fiscal Policy in Germany.- 4. Fiscal Policy in France.- 5. Wage Shocks in Germany.- 6. Labour Supply Shocks in France.- 7. Summary.- 4. Slow Money Wages.- 1. The Model.- 2. Some Shocks.- 3. Required Monetary Policy.- 4. Downwards Sticky Wages.- 5. Summary.- 5. Different Behavioural Functions.- 1. Fixed Money Wages.- 1.1. The Model.- 1.2. Different Income Sensitivities of Money Demand.- 1.3. Different Consumption Rates.- 1.4. Different Degrees of Openness.- 1.5. Summary.- 2. Flexible Money Wages.- 2.1. The Model.- 2.2. Different Income Sensitivities of Money Demand.- 2.3. Different Consumption Rates.- 2.4. Different Degrees of Openness.- 2.5. Summary.- Three. The World as a Whole.- 1. Fixed Money Wages.- 1. The Model.- 2. Investment Shocks.- 3. Monetary Policy.- 4. Wage Shocks.- 5. Productivity Shocks.- 6. Summary.- 2. Flexible Money Wages.- 1. The Model.- 2. Monetary Policy.- 3. Investment Shocks.- 4. Labour Supply Shocks.- 5. Productivity Shocks.- 6. Summary.- Four. The World of Two Regions.- 1. Fixed Money Wages.- 1. The Model.- 2. Monetary Policy.- 3. Investment Shocks.- 4. Wage Shocks.- 5. Productivity Shocks.- 6. Summary.- 2. Flexible Money Wages.- 1. The Model.- 2. Monetary Policy.- 3. Investment Shocks.- 4. Labour Supply Shocks.- 5. Productivity Shocks.- 6. Summary.- 3. Fixed Money Wages in Europe, Flexible Money Wages in America.- 1. The Model.- 2. Monetary Policy in Europe.- 3. Monetary Policy in America.- 4. Investment Shocks in Europe.- 5. Investment Shocks in America.- 6. Wage Shocks in Europe.- 7. Labour Supply Shocks in America.- 8. Summary.- Conclusion.- 1. The Small Union as a Whole.- 1.1. Fixed Money Wages.- 1.2. Flexible Money Wages.- 1.3. Slow Money Wages.- 2. The Small Union of Two Countries.- 2.1. Fixed Money Wages.- 2.2. Flexible Money Wages.- 2.3. Fixed Money Wages in Germany, Flexible Money Wages in France.- 2.4. Slow Money Wages.- 2.5. Different Behavioural Functions.- 3. The World as a Whole.- 3.1. Fixed Money Wages.- 3.2. Flexible Money Wages.- 4. The World of Two Regions.- 4.1. Fixed Money Wages.- 4.2. Flexible Money Wages.- 4.3. Fixed Money Wages in Europe, Flexible Money Wages in America.- Result.- 1. The Small Union as a Whole.- 1.1. Fixed Money Wages.- 1.2. Flexible Money Wages.- 2. The Small Union of Two Countries.- 2.1. Fixed Money Wages.- 2.2. Flexible Money Wages.- 3. The World of Two Regions.- 3.1. Fixed Money Wages.- 3.2. Flexible Money Wages.- Symbols.- Brief Survey of the Literature.- References.

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