547222319 dc bibtex

Monetary and fiscal policies in the euro area / Michael Carlberg

Englisch

Hamburg : HSU Univ. d. Bundeswehr, Aug. 2007

Online Ressource (234 KB, Text)

Systemvoraussetzungen: Acrobat Reader

Druckausg.: Carlberg, Michael *1945-*: Monetary and fiscal policies in the Euro area. - Hamburg, 2007. - 25 S.

URN: urn:nbn:de:gbv:705-opus-17109

*Europäische Union / Geldpolitik / Fiskalpolitik / Währungsunion

Finanzpolitik / Geldpolitik / Eurozone / Internationale Wirtschaftspolitik / Institutioneller Wettbewerb / Spillover-Effekt / Theorie / EU-Staaten / Deutschland / Frankreich

Arbeitspapier / Working paper / Graue Literatur / Non-commercial literature / Buch / Book / Online-Publikation / Online-publication

This paper studies monetary and fiscal policies in the euro area. It discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the European central bank, the German government, and the French government. As to policy cooperation, the focus is on the same institutions. These are higher-dimensional issues. The policy targets are price stability and full employment. Special features of this paper are numerical simulations of policy competition and numerical solutions to policy cooperation.