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Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations

Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations

von Bas van Aarle, Giovanni Di Bartolomeo, Jacob Engwerda, Joseph E. J. K Plasmans und Tomasz Michalak
Softcover - 9781441939104
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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

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