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Beschreibung
Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between countries and currency areas using a dynamic game approach. The first four chapters introduce the reader to the dynamics of fiscal and monetary policy cooperation. Issues covered include: fiscal coordination, fiscal stringency requirements, structural and bargaining power asymmetries and the design of monetary and fiscal policymaking in a monetary union. In the four last chapters multiple-player settings with aspects of fiscal and/or monetary coordination are analyzed using the endogenous coalition formation approach. The analysis is focused on shock and model asymmetries and issues of multi-country coordination in the presence of (possibly many) monetary unions.
Details
| Verlag | Springer US |
| Ersterscheinung | 29. November 2010 |
| Maße | 24 cm x 16 cm |
| Gewicht | 545 Gramm |
| Format | Softcover |
| ISBN-13 | 9781441939104 |
| Auflage | Softcover reprint of hardcover 1st ed. 2006 |
| Seiten | 324 |