Monetary Union, Employment and Growth

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Publisher :
ISBN 13 :
Total Pages : 217 pages
Book Rating : 4.:/5 (654 download)

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Book Synopsis Monetary Union, Employment and Growth by : Pier Carlo Padoan

Download or read book Monetary Union, Employment and Growth written by Pier Carlo Padoan and published by . This book was released on 2001 with total page 217 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Market Regulation, Cycles and Growth in a Monetary Union

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Publisher : International Monetary Fund
ISBN 13 : 149831838X
Total Pages : 52 pages
Book Rating : 4.4/5 (983 download)

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Book Synopsis Market Regulation, Cycles and Growth in a Monetary Union by : Mirko Abbritti

Download or read book Market Regulation, Cycles and Growth in a Monetary Union written by Mirko Abbritti and published by International Monetary Fund. This book was released on 2019-06-03 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt: We build a two-country currency union DSGE model with endogenous growth to assess the role of cross-country differences in product and labor market regulations for long-term growth and for the adjustment to shocks. We show that with endogenous growth, there is no reason to expect real income convergence. Large shocks, through endogenous TFP movements, can lead to permanent changes of output and real exchange rates. Differences are exacerbated when member countries have different product and labor market regulations. Less regulated economies are likely to have higher trend growth and recover faster from negative shocks. Results are consistent with higher inflation, lower employment and disappointing TFP growth rates experienced in the less reform-friendly euro area members.

Monetary Union, Employment and Growth

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Publisher : Edward Elgar Publishing
ISBN 13 : 9781782544036
Total Pages : 240 pages
Book Rating : 4.5/5 (44 download)

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Book Synopsis Monetary Union, Employment and Growth by : Pier Carlo Padoan

Download or read book Monetary Union, Employment and Growth written by Pier Carlo Padoan and published by Edward Elgar Publishing. This book was released on 2001-01-01 with total page 240 pages. Available in PDF, EPUB and Kindle. Book excerpt: 'Monetary Union, Employment and Growth provides a thorough and well-developed analysis of the macroeconomic and microeconomic implications of the single currency.' - Terrence Casey, Journal of European Area Studies 'This book offers an in-depth discussion of two highly topical European issues - the single currency and unemployment - making it suitable for professional economists and post-graduate students in economics, international relations and European studies.' - European Access There exists a twofold relationship between the factors affecting adoption of a single currency in Europe, employment, and growth. On one hand, the operation of the euro will be hindered if rigidities in labour and product markets persist - hence low employment and slow growth may be a cause of poor performance of the single currency. On the other hand, the functioning of the euro will affect future patterns of European employment. Pier Carlo Padoan and his distinguished group of contributing authors go beyond the common European-based debates to consider the impact of the euro as a global currency on the evolution of European labour, product, and regional markets.

Jobs and Growth

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Publisher : International Monetary Fund
ISBN 13 : 1475513860
Total Pages : 284 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Jobs and Growth by : Mr.Martin Schindler

Download or read book Jobs and Growth written by Mr.Martin Schindler and published by International Monetary Fund. This book was released on 2014-04-10 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: Five years after the onset of the global financial crisis, Europe’s economy is still fragile. Notwithstanding recent positive signs amid calmer financial markets, medium-term growth is likely to remain frail owing to continuing weaknesses and vulnerabilities at the country level and in the fabric of European institutions and banks, especially in the euro area. In addition, unemployment in many countries has reached very high levels. The IMF research collected in this volume provides a number of guideposts that offer an opportunity for stronger and better-balanced growth and employment in Europe after what has been a long and dismal period of crisis.

EU Law of Economic & Monetary Union

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Publisher : Oxford University Press
ISBN 13 : 0192512498
Total Pages : 1808 pages
Book Rating : 4.1/5 (925 download)

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Book Synopsis EU Law of Economic & Monetary Union by : Fabian Amtenbrink

Download or read book EU Law of Economic & Monetary Union written by Fabian Amtenbrink and published by Oxford University Press. This book was released on 2020-05-21 with total page 1808 pages. Available in PDF, EPUB and Kindle. Book excerpt: Presenting a sweeping analysis of the legal foundations, institutions, and substantive legal issues in EU monetary integration, The EU Law of Economic and Monetary Union serves as an authoritative reference on the legal framework of European economic and monetary union. The book opens by setting out the broader contexts for the European project - historical, economic, political, and regarding the international framework. It goes on to examine the constitutional architecture of EMU; the main institutions and their legal powers; the core legal provisions of monetary and economic union; and the relationship of EMU with EU financial market and banking regulation. The concluding section analyses the current EMU crisis and the main avenues of future reform.

Employment, Growth, and Price Levels

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Publisher :
ISBN 13 :
Total Pages : 1922 pages
Book Rating : 4.:/5 (319 download)

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Book Synopsis Employment, Growth, and Price Levels by : United States. Congress. Joint Economic Committee

Download or read book Employment, Growth, and Price Levels written by United States. Congress. Joint Economic Committee and published by . This book was released on 1959 with total page 1922 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the possibility of combining three economically desirable goals: an adequate rate of economic growth, substantially full employment or maximum employment, and substantial price stability.

Currency Unions, Economic Fluctuations, and Adjustment

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Publisher : International Monetary Fund
ISBN 13 : 1451955162
Total Pages : 28 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Currency Unions, Economic Fluctuations, and Adjustment by : Mr.Tamim Bayoumi

Download or read book Currency Unions, Economic Fluctuations, and Adjustment written by Mr.Tamim Bayoumi and published by International Monetary Fund. This book was released on 1996-08-01 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper examines the sources of disturbances to output in the United States and a set of EU countries and analyzes labor market adjustment mechanisms in these two economic areas. Comparable datasets comprising 1-digit sectoral data for eight U.S. regions and eight European countries are constructed and used to compare the degree of industrial diversification and the relative importance of different sources of shocks to output growth. Both areas are found to be subject to similar overall disturbances although a disaggregated perspective reveals some important differences. The major difference, however, is in labor market adjustment. Interregional labor mobility appears to be a much more important adjustment mechanism in the United States, which has a more integrated labor market than the EU.

Employment, Growth, and Price Levels

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Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.:/5 (6 download)

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Book Synopsis Employment, Growth, and Price Levels by : United States. Congress. Joint Economic Committee

Download or read book Employment, Growth, and Price Levels written by United States. Congress. Joint Economic Committee and published by . This book was released on 1959 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the possibility of combining three economically desirable goals: an adequate rate of economic growth, substantially full employment or maximum employment, and substantial price stability. pt. 6c: Contains answers to questions on monetary policy and debt management submitted to the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, and 17 firms dealing in Government securities. pt. 10: Contains written responses from Treasury Dept and Federal Reserve Board to questions submitted by Joint Economic Committee on the Government's management of its monetary, fiscal, and debt operations.

Employment, Growth, and Price Levels: The effect of increases in wages, salaries, and the prices of personal services, together with union and professional practices upon prices, profits, production, and employment, September 28, 29, 30, October 1 and 2, 1959

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Author :
Publisher :
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.:/5 (6 download)

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Book Synopsis Employment, Growth, and Price Levels: The effect of increases in wages, salaries, and the prices of personal services, together with union and professional practices upon prices, profits, production, and employment, September 28, 29, 30, October 1 and 2, 1959 by : United States. Congress. Joint Economic Committee

Download or read book Employment, Growth, and Price Levels: The effect of increases in wages, salaries, and the prices of personal services, together with union and professional practices upon prices, profits, production, and employment, September 28, 29, 30, October 1 and 2, 1959 written by United States. Congress. Joint Economic Committee and published by . This book was released on 1959 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explores the possibility of combining three economically desirable goals: an adequate rate of economic growth, substantially full employment or maximum employment, and substantial price stability. pt. 6c: Contains answers to questions on monetary policy and debt management submitted to the Secretary of the Treasury, the Chairman of the Board of Governors of the Federal Reserve System, and 17 firms dealing in Government securities. pt. 10: Contains written responses from Treasury Dept and Federal Reserve Board to questions submitted by Joint Economic Committee on the Government's management of its monetary, fiscal, and debt operations.

The Eastern Caribbean Economic and Currency Union

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Publisher : International Monetary Fund
ISBN 13 : 1616352655
Total Pages : 546 pages
Book Rating : 4.6/5 (163 download)

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Book Synopsis The Eastern Caribbean Economic and Currency Union by : Mr.Alfred Schipke

Download or read book The Eastern Caribbean Economic and Currency Union written by Mr.Alfred Schipke and published by International Monetary Fund. This book was released on 2013-04-10 with total page 546 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Eastern Caribbean Economic and Currency Union (OECS/ECCU) is one of four currency unions in the world. As in other parts of the world in the aftermath of the global economic and financial crisis, the region is at a crossroads, facing the major challenges of creating jobs, making growth more inclusive, reforming the banking system, and managing volatility, while grappling with high public debt and persistent low economic growth. Policymakers have the critical task of implementing strong reforms to strengthen the monetary union while also laying the foundation for accelerating growth. This Handbook provides a comprehensive analysis of the key issues in the OECS/ECCU, including its organization and economic and financial sector linkages, and provides policy recommendations to foster economic growth.

A Guide to the Euro

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Publisher : South Western Educational Publishing
ISBN 13 : 9780618215478
Total Pages : 100 pages
Book Rating : 4.2/5 (154 download)

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Book Synopsis A Guide to the Euro by : Jay H. Levin

Download or read book A Guide to the Euro written by Jay H. Levin and published by South Western Educational Publishing. This book was released on 2002 with total page 100 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this concise and comprehensive introduction to Europe's currency, Levin explains both the historical and political background as well as the economic underpinnings of monetary integration in contemporary Europe.

Deconstructing Job Creation

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Publisher : International Monetary Fund
ISBN 13 : 145185319X
Total Pages : 42 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Deconstructing Job Creation by : Mr.Pietro Garibaldi

Download or read book Deconstructing Job Creation written by Mr.Pietro Garibaldi and published by International Monetary Fund. This book was released on 1999-08-01 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the European Union. It finds that sectoral effects can only partially account for differences in job creation. By contrast, it shows that a policy package including low taxation and flexible employment protection legislation is associated with high job creation and can account for most of the observed differences. The Netherlands’ success is largely accounted for by the creation of part-time jobs for women aged 25-49 in the services sector, but in most EU countries the substitution of part-time jobs for full-time jobs is considerable.

Employment, Growth, and Price Levels

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Publisher :
ISBN 13 :
Total Pages : 1076 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Employment, Growth, and Price Levels by : United States. Congress. Joint Economic Committee

Download or read book Employment, Growth, and Price Levels written by United States. Congress. Joint Economic Committee and published by . This book was released on 1959 with total page 1076 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Monetary Policy and Macroeconomic Stabilization

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Publisher : Routledge
ISBN 13 : 1351504878
Total Pages : 214 pages
Book Rating : 4.3/5 (515 download)

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Book Synopsis Monetary Policy and Macroeconomic Stabilization by : Ole Roste

Download or read book Monetary Policy and Macroeconomic Stabilization written by Ole Roste and published by Routledge. This book was released on 2017-09-08 with total page 214 pages. Available in PDF, EPUB and Kindle. Book excerpt: As a fundamental review and critique of activist economic policies, this book is a unique contribution to classical political economy. "Monetary Policy and Macroeconomic Stabilization" is about macroeconomic stabilization policy, with emphasis on the value of a distinct national monetary policy to growth. Ole Bjorn Roste's argument is for public officials to restrain themselves in the pursuit of policy. As the author notes: when you know less, you should do less.The history of modern macroeconomics started in 1936 with the publication of Keynes' "General Theory of Employment, Interest, and Money". The problems of the Great depression of the 1930s paved the way for a change of focus, from the long run to economic fluctuations in the short run, and from nominal to real variables, such as unemployment and aggregate output.Keynes offered clear policy implications in tune with the times. Because economic adjustment was slow, waiting for the economy to recover by itself was irresponsible. Particularly fiscal policy was essential to return to high employment. Monetary policy could affect aggregate demand through Interest rates, but was less important. Roste discusses the role of monetary policy, starting out with the implications of the theory of optimum currency areas (OCAs). This is followed by estimates of the output loss associated with disinflation policy (the sacrifice ratio) for six OECD economies. Further, Roste models the dynamic adjustment to negative, local labor-market shocks, with particular relevance to Scandinavia, in a final section.The idea that governments should pursue stabilizing fiscal or monetary policies with regard to real variables is often taken for granted by the public, if not by economists. Among the reasons for skepticism, is the presence of differing views on how economies really work, that the state of a given economy becomes known only after a time lag, and that economic agents react to policy and expectations of policy. For these reasons, the effects of policy are generally uncertain. This book explains why the role of history is critical to the study of macroeconomics.p>

The United States as a Monetary Union

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Publisher :
ISBN 13 :
Total Pages : 108 pages
Book Rating : 4.:/5 (89 download)

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Book Synopsis The United States as a Monetary Union by : Great Britain. Treasury

Download or read book The United States as a Monetary Union written by Great Britain. Treasury and published by . This book was released on 2003 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt: This publication is part of a set of 18 documents which have been prepared by H.M. Treasury to inform the assessment of the Government's five economic tests for Economic and Monetary Union (EMU) entry into the euro area. This study considers the example of US monetary union, a union which covers a geographical area significantly larger than western Europe. As the world's largest economy, it provides a working example of how different regions, disparate in terms of their geography, climate, industry and heritage, develop within a monetary union.

The Role of Employer Associations and Labour Unions in the EMU

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Publisher : Taylor & Francis
ISBN 13 : 042976782X
Total Pages : 222 pages
Book Rating : 4.4/5 (297 download)

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Book Synopsis The Role of Employer Associations and Labour Unions in the EMU by : Gerhard Huemer

Download or read book The Role of Employer Associations and Labour Unions in the EMU written by Gerhard Huemer and published by Taylor & Francis. This book was released on 2018-11-07 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: First published in 1999, this volume recognises that in the course of European integration, national economic policy makers lose some effective policy instruments. Contributors to this omnibus volume analyse the 'room for maneuvering' available to national and EU economic and social policies under the conditions of the Economic and Monetary Union (EMU). They explore the possibilities for European coordination and discuss the tasks of employers’ associations and labour unions on the national and EU level in wage, employment and macroeconomic policies. Section 1 of the book deals with the strengths and weaknesses of the EU in the context of global competition. In spite of national differences, many of the EU member countries share important characteristics. Section 2 addresses the need for and the feasibility of policy coordination in the EMU. With the start of the EMU, wage policy will have to bear the main burden of absorbing asymmetrical economic shocks. The authors from the DIW argue that a wage policy favourable to economic growth, employment and convergence has to be guided by the inflation target set by the European Central Bank (ECB) and by the long-term increase of productivity in individual countries. A precondition for this kind of wage policy is coordination between the main actors of EU economic policy (ECB, EcoFin, social partners).

Eastern Caribbean Currency Union

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Publisher : International Monetary Fund
ISBN 13 : 1484303490
Total Pages : 21 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis Eastern Caribbean Currency Union by : International Monetary Fund. Western Hemisphere Dept.

Download or read book Eastern Caribbean Currency Union written by International Monetary Fund. Western Hemisphere Dept. and published by International Monetary Fund. This book was released on 2017-06-14 with total page 21 pages. Available in PDF, EPUB and Kindle. Book excerpt: Eastern Caribbean Currency Union: Selected Issues