The Rate of Inflation.- Monetary Policy in Europe.- Fiscal Policies in Germany and France.- Central Bank and Governments Decide Sequentially.- Central Bank and Governments Cooperate.- The Countries Differ in Size.- The Countries Differ in Behaviour.- The Monetary Union of Three Countries.- The Rate of Unemployment.- Monetary Policy in Europe.- Fiscal Policies in Germany and France.- Central Bank and Governments Decide Sequentially.- Central Bank and Governments Cooperate.- The Countries Differ in Size.- The Countries Differ in Behaviour.- The Monetary Union of Three Countries.- Inflation and Unemployment.- The Model.- Some Numerical Examples.- Monetary Policy in the Phillips Curve Diagram.- Inflation and Unemployment.- Monetary Policy in Europe.- Fiscal Policies in Germany and France.- Central Bank and Governments Decide Sequentially.- Central Bank and Governments Cooperate.- Central Bank and Governments Differ in Loss Function.
The Rate of Inflation.- Monetary Policy in Europe.- Fiscal Policies in Germany and France.- Central Bank and Governments Decide Sequentially.- Central Bank and Governments Cooperate.- The Countries Differ in Size.- The Countries Differ in Behaviour.- The Monetary Union of Three Countries.- The Rate of Unemployment.- Monetary Policy in Europe.- Fiscal Policies in Germany and France.- Central Bank and Governments Decide Sequentially.- Central Bank and Governments Cooperate.- The Countries Differ in Size.- The Countries Differ in Behaviour.- The Monetary Union of Three Countries.- Inflation and Unemployment.- The Model.- Some Numerical Examples.- Monetary Policy in the Phillips Curve Diagram.- Inflation and Unemployment.- Monetary Policy in Europe.- Fiscal Policies in Germany and France.- Central Bank and Governments Decide Sequentially.- Central Bank and Governments Cooperate.- Central Bank and Governments Differ in Loss Function.
This book studies the causes and cures of inflation in a monetary union. It carefully discusses the effects of money growth and output growth on inflation. The focus is on producer inflation,...
Originally published in 1985 and contributed to by internationally renowned economists, this volume discusses theoretical issues and country-specific experiences to review the underlying causes of...
This book studies unemployment and inflation in economic crises, first considering the scenario of a demand shock in Europe. In that case, monetary and fiscal interaction would cause widespread...
The volume deals with the main problems faced by capitalist economies, inflation and unemployment, in a new and original way, and provides the theoretical foundations for quantum macroeconomic...
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