Auteur: Michael Carlberg

This book studies the international coordination of monetary and fiscal policies in the world economy. It carefully discusses the process of policy competition and the structure of policy cooperation …

This book studies the interactions between monetary and fiscal po Ucies in the euro area. It carefully discusses the process of policy competition and the structure of policy cooperation. As to polic …

This book studies the interactions between monetary and wage pohcies in the euro area. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy c …

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 …

This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the associated loss. The primary target of the European central bank is low inflatio …

This book studies the strategic policy interactions in a monetary union. The leading protagonists are the European Central Bank and national governments. The target of the ECB is low inflation in Eur …

This book studies the strategic interactions between monetary and fiscal policies in the world economy. The world economy consists of two regions, say Europe and America. The policy makers are the ce …

This book studies the dynamics of monetary and fiscal interactions in the Euro Area. The policy makers are the European Central Bank and national governments. The primary target of the ECB is low inf …

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 oscil …

This book studies the sustainability and optimality of public debt under different scenarios: the closed economy, the small open economy, and a two-country setting. Sustainability refers to the exist …

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European monetary unification seems to be one of the most important events in international monetary affairs since the breakdown of Bretton Woods. It pos es a major challenge to central banks, govern …

A comprehensive study of the international coordination of economic policy in a monetary union. It carefully discusses the process of policy competition and the structure of policy cooperation. As to …

Public debt seems to be one of the great issues of the nineties. The United States have turned from the largest creditor of the world to the largest debtor, due to dramatic budget deficits. The Europ …

Das Buch befaßt sich mit dem Prozeß der deutschen Vereinigung. Im Mittelpunkt stehen die beiden großen Themen Kapitalbildung und Beschäftigung. Ausgehend vom gegenwärtigen Stand ist der Blick in die …

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The analysis will be conducted within an IS-LM model augmen-ted by the dynamics of money wages, private capital andpublic debt. A macroeconomic shock induces an extendedprocess of adjustment that is …

The focus is on the inter action between demand and supply in a small open economy featuring the dynamics of private capital, public debt and foreign assets. The overlapping generations model serves …

Das Buch befaßt sich mit theoretischen Untersuchungen zur deutschen Vereinigung. Zwei Fragen stehen dabei im Mittelpunkt: Welcher makroökonomische Anpassungsprozeß wird durch die deutsche Vereinigung …

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This volume is dedicated to Horst Todt who celebrated his seventieth an- niversaryon March 14, 2000. All the contributors know Horst Todt personally and (with the exception of two younger co-authors) …

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This book explores the new macroeconomics of the European Monetary Union. It carefully discusses the effects of shocks and policy measures on em- ployment, prices, and the current account. Take for i …

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