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Monetary Union and Fiscal Stability

Monetary Union and Fiscal Stability

von Frank Bohn
Softcover - 9783790812664
53,49 €
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Beschreibung

This book addresses the macroeconomic implications of a country's transition to a monetary union. By using a dynamic multi-country simulation model, it is possible to pinpoint a monetary union, and repercussions produced by fiscal retrenchment policies. Interest and exchange rate effects could only be captured once a new approach including innovations in the solution methodology had been developed. Not only can we draw lessons for newly joining members to the EMU or to any other monetary union, but the analysis also implicitly offers a new explanation for the weak Euro in the first half of 1999.

A New Approach

Details

Verlag Physica
Ersterscheinung 24. Januar 2000
Maße 23.5 cm x 15.5 cm
Gewicht 376 Gramm
Format Softcover
ISBN-13 9783790812664
Seiten 225

Schlagwörter

Macroeconomics and Monetary Economics, Makroökonomie, Public Economics, Öffentlicher Dienst und öffentlicher Sektor

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