Policy Competition and Policy Cooperation in a Monetary Union

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Publisher : Springer Science & Business Media
ISBN 13 : 3540247963
Total Pages : 298 pages
Book Rating : 4.5/5 (42 download)

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Book Synopsis Policy Competition and Policy Cooperation in a Monetary Union by : Michael Carlberg

Download or read book Policy Competition and Policy Cooperation in a Monetary Union written by Michael Carlberg and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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, governments, and labour unions. It opens up new fields of economic research that are both intriguing and fascinating. European Monetary Union amounts to a switch of regime. Surely the Mundell Fleming model of the open economy does no longer apply to Germany or France. The effects of shocks and policies on output and prices should have changed dramatically in size. Some of them should even work in the opposite direction now. The present book is part of a larger research project on monetary union, see Carlberg (1999, 2000, 2001, 2002, 2003). Some parts of this project were presented at the World Congress of the International Economic Association in Lisbon. Other parts were presented at the Macro Study Group of the German Economic Association, at the Annual Meeting of the Austrian Economic Association in Klagenfurt, at the Pass au Workshop on International Economics, at the Halle Workshop on Monetary Economics, and at the Research Seminar on Macroeconomics in Freiburg. Moreover, book reviews were published in the Economic Journal, Kyklos, the Journal of Economics, and the Journal of Economics and Statistics.

Policy Coordination in a Monetary Union

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Publisher : Springer Science & Business Media
ISBN 13 : 3540247971
Total Pages : 284 pages
Book Rating : 4.5/5 (42 download)

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Book Synopsis Policy Coordination in a Monetary Union by : Michael Carlberg

Download or read book Policy Coordination in a Monetary Union written by Michael Carlberg and published by Springer Science & Business Media. This book was released on 2013-06-05 with total page 284 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 policy competition, the focus is on competition between the union central bank, the German government, and the French government. Similarly, as to policy cooperation, the focus is on cooperation between the union central bank, the German government, and the French government. The key questions are: Does the process of policy competition lead to full employment and price stability? Can these targets be achieved through policy cooperation? And is policy cooperation superior to policy competition? Another important issue is monetary competition / monetary cooperation between Europe and America.

International Economic Policy Coordination

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Publisher : Springer Science & Business Media
ISBN 13 : 9783540244455
Total Pages : 336 pages
Book Rating : 4.2/5 (444 download)

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Book Synopsis International Economic Policy Coordination by : Michael Carlberg

Download or read book International Economic Policy Coordination written by Michael Carlberg and published by Springer Science & Business Media. This book was released on 2005-03-04 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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. As to policy competition, the focus is on monetary and fiscal competition between Europe and America. Similarly, as to policy cooperation, the focus is on monetary and fiscal cooperation between Europe and America. The spillover effects of monetary policy are negative while the spillover effects of fiscal policy are positive. The policy targets are price stability and full employment. The policy makers follow either cold-turkey or gradualist strategies. Policy expectations are adaptive or rational. The world economy consists of two, three or more regions. The present book is part of a larger research project on European Monetary Union, see the references at the back of the book. Some parts of this project were presented at the World Congress of the International Economic Association in Lisbon. Other parts were presented at the International Institute of Public Finance, at the Macro Study Group of the German Economic Association, at the Annual Meeting of the Austrian Economic Association, at the Gottingen Workshop on International Economics, at the Halle Workshop on Monetary Economics, at the Research Seminar on Macroeconomics in Freiburg, and at the Passau Workshop on International Economics.

Monetary and Fiscal Policies in the Euro Area

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Publisher : Springer Science & Business Media
ISBN 13 : 3540298002
Total Pages : 298 pages
Book Rating : 4.5/5 (42 download)

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Book Synopsis Monetary and Fiscal Policies in the Euro Area by : Michael Carlberg

Download or read book Monetary and Fiscal Policies in the Euro Area written by Michael Carlberg and published by Springer Science & Business Media. This book was released on 2006-03-14 with total page 298 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies the interactions between monetary and fiscal poUcies in the euro area. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the European central bank, the American central bank, the German government, and the French government. As to policy cooperation, the focus is on the same institutions. These are higher-dimensional issues. The pohcy targets are price stability and full employment. The policy makers follow co- turkey or gradualist strategies. The policy decisions are taken sequentially or simultaneously. Monetary and fiscal policies have spillover effects. Special features of this book are numerical simulations of policy competition and numerical solutions to policy cooperation. The present book is part of a larger research project on European Monetary Union, see the references at the back of the book. Some parts of this project were presented at the World Congress of the International Economic Association. Other parts were presented at the International Conference on Macroeconomic Analysis, at the International Institute of Public Finance, at the Macro Study Group of the German Economic Association, at the Annual Meeting of the Austrian Economic Association, at the Gottingen Workshop on International Economics, at the Halle Workshop on Monetary Economics, at the Research Seminar on Macroeconomics in Freiburg, and at the Passau Workshop on International Economics.

Monetary and Wage Policies in the Euro Area

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Publisher : Springer
ISBN 13 : 9783642071980
Total Pages : 0 pages
Book Rating : 4.0/5 (719 download)

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Book Synopsis Monetary and Wage Policies in the Euro Area by : Michael Carlberg

Download or read book Monetary and Wage Policies in the Euro Area written by Michael Carlberg and published by Springer. This book was released on 2010-10-14 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book studies interactions between monetary and wage policies in the Euro area, closely reviewing and discussing the process of policy competition and the structure of policy cooperation. On policy competition, the book focuses on competition between the European central bank, the American central bank, the German labour union, and the French labour union. As to policy cooperation, the focus is on the same institutions. Includes numerical simulations and solutions.

The Union and the World: The Political Economy of a Common European Foreign Policy

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Publisher : Martinus Nijhoff Publishers
ISBN 13 : 9004640312
Total Pages : 320 pages
Book Rating : 4.0/5 (46 download)

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Book Synopsis The Union and the World: The Political Economy of a Common European Foreign Policy by : Alan Cafruny

Download or read book The Union and the World: The Political Economy of a Common European Foreign Policy written by Alan Cafruny and published by Martinus Nijhoff Publishers. This book was released on 2023-08-21 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: During the last decade Europe has been transformed both politically and commercially. The establishment of a genuinely single marketplace in the context of an expanding membership has enabled the European Union greatly to enhance its role on the world stage. In the areas of trade and commercial policy the Union increasingly speaks with one voice. As a result of the Maastricht Treaty on Economic and Political Union of 1993, a process has been set in motion whereby the embryonic mechanisms of a common foreign policy (European Political Cooperation or EPC) are gradually evolving into a more comprehensive Common Foreign and Security Policy (CFSP). The contributors to this volume describe and evaluate the nature and extent to which the European Union plays an independent role in international affairs. This pioneering work makes an important contribution to the literature on the European Union since the chapters present a comprehensive picture of the Union's foreign economic policies and actions, its foreign security policy, and the supranational nature of much Union decision-making. The book is significant, not only because of its dual focus on economics as well as politics, but also because it comprehensively covers the broad range of Union policies in both the economic and political spheres. The intended level of readership is undergraduate courses on the EU and on European politics; upper level undergraduate courses in International Relations; and graduate survey courses on the EU. The book is sufficiently comprehensive and instructive to achieve a wide readership, especially in North America and the UK.

The Economics of the European Union

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Publisher : Oxford University Press, USA
ISBN 13 :
Total Pages : 472 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The Economics of the European Union by : Michael J. Artis

Download or read book The Economics of the European Union written by Michael J. Artis and published by Oxford University Press, USA. This book was released on 1997 with total page 472 pages. Available in PDF, EPUB and Kindle. Book excerpt: Covers: the political structure and history of the EU statistical features of the EU and its members the economic theory of preferential trading areas Monetary Union and a European Central Bank the Community Budget the Common Agricultural Policy social policies competition policyindustrial policy transport policy environmental policies the problem of regional disparities trade with the rest of the world economic assistance to the developing world

Europe and the United States

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Publisher : Routledge
ISBN 13 :
Total Pages : 476 pages
Book Rating : 4.3/5 (21 download)

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Book Synopsis Europe and the United States by : Glennon J. Harrison

Download or read book Europe and the United States written by Glennon J. Harrison and published by Routledge. This book was released on 1994 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: A study submitted to the Subcommittee on International Economic Policy and Trade and the Subcommittee on Europe and the Middle East of the Committee on Foreign Affairs, US House of Representatives, this volume provides a framework for understanding the prospects for, as well as the causes and consequences of, change in Europe. The volume is divided into six sections: economic policy and decisionmaking; the path to European union; foreign policymaking in the European Community; after 1992--trade policy and the European market; redefining the rules of the game; and the European Community in the international economy. Paper edition (unseen), $22.95. Annotation copyright by Book News, Inc., Portland, OR

The European Union

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Publisher : Financial Times/Prentice Hall
ISBN 13 :
Total Pages : 598 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The European Union by : A. M. El-Agraa

Download or read book The European Union written by A. M. El-Agraa and published by Financial Times/Prentice Hall. This book was released on 2004 with total page 598 pages. Available in PDF, EPUB and Kindle. Book excerpt: The expertise of nineteen recognised authorities has been brought together in this cohesive text which has been skilfully edited to offer a complete guide to the economics and policies of the EU. The bookAs logical structure makes navigation through the background, theory and impact of EU integration easy, and chapters include extensive coverage of all major recent developments such as the ratification of the Nice Treaty and the Future Convention. Key features: Presents the reader with a comprehensive introduction and background to the economics and policies of the EU Covers the theory, measurement and analysis of policies for economic integration Assesses the benefits and problems of international economic integration Covers of all major EU policies Analyses the expected further enlargement of the EU and its future developments New to this edition: A full chapter on the operation of the euro Two new chapters on the EMU and the euro The Convention for the Future of Europe and the ratification of the Nice Treaty are covered throughout the text "The European Union" is designed for readers from all disciplines studying the EU, its economics and policies, and the effects of economic integration. Its wealth of information, detail and analysis has ensured that previous editions have been read by students, researchers and professional policymakers alike. The editor and author Ali M. El-Agraa is Professor of International Economics at Fukuoka University, Japan. He was Senior Lecturer in Economics at the University of Leeds, UK, until 1988 and has held several Visiting Professorships, including posts at Vanderbilt University, USA, and the International University of Japan. He has been a Senior International Consultant on Regional Integration for the UN and a lifetime consultant for the Anglo-Japanese Economic Institute in London. Contributors to the seventh edition are: Brian Ardy, Harvey W. Armstrong, Iain Begg, Juha Kilponen, Marius Brulhart, Kenneth Button, Damian Chalmers, Doreen Collins, Victoria Curzon Price, Nigel Grimwade, Ulrich Koester, Alan Marian, Stephen Martin, David G. Mayes, Alan Matthews, Ella Ritchie, Robert Salais and Wolf Sauter.

Dynamic Policy Interactions in a Monetary Union

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Publisher : Springer Science & Business Media
ISBN 13 : 3642182283
Total Pages : 346 pages
Book Rating : 4.6/5 (421 download)

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Book Synopsis Dynamic Policy Interactions in a Monetary Union by : Michael Carlberg

Download or read book Dynamic Policy Interactions in a Monetary Union written by Michael Carlberg and published by Springer Science & Business Media. This book was released on 2011-02-16 with total page 346 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 inflation. And the primary target of a national government is low unemployment. However, there is a short-run trade-off between low inflation and low unemployment. Here the main focus is on sequential policy decisions. Another focus is on simultaneous and independent policy decisions. And a third focus is on policy cooperation. There are demand shocks, supply shocks, and mixed shocks. There are country-specific shocks and common shocks. The key question is: Given a shock, what are the dynamic characteristics of the resulting process?

Strategic Policy Interactions in a Monetary Union

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Publisher : Springer Science & Business Media
ISBN 13 : 3540927514
Total Pages : 263 pages
Book Rating : 4.5/5 (49 download)

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Book Synopsis Strategic Policy Interactions in a Monetary Union by : Michael Carlberg

Download or read book Strategic Policy Interactions in a Monetary Union written by Michael Carlberg and published by Springer Science & Business Media. This book was released on 2009-03-10 with total page 263 pages. Available in PDF, EPUB and Kindle. Book excerpt: 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 Europe. The targets of a national government are low unemployment and a low structural deficit. There are demand shocks, supply shocks, and mixed shocks. There are country-specific shocks and common shocks. This book develops a series of basic, intermediate, and more advanced models. Here the focus is on the Nash equilibrium. The key questions are: Given a shock, can policy interactions reduce the existing loss? And to what extent can they do so? Another topical issue is policy cooperation. To illustrate all of this there are a lot of numerical examples. The present book is part of a larger research project on European Monetary Union, see the references given at the back of the book. Some parts of this project were presented at the World Congress of the International Economic Association, at the International Conference on Macroeconomic Analysis, at the International Institute of Public Finance, and at the International Atlantic Economic Conference. Other parts were presented at the Macro Study Group of the German Economic Association, at the Annual Meeting of the Austrian Economic Association, at the Göttingen Workshop on International Economics, at the Halle Workshop on Monetary Economics, at the Research Seminar on Macroeconomics in Freiburg, at the Research Seminar on Economics in Kassel, and at the Passau Workshop on International Economics.

The European Union

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Publisher : Prentice Hall
ISBN 13 :
Total Pages : 660 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis The European Union by : A. M. El-Agraa

Download or read book The European Union written by A. M. El-Agraa and published by Prentice Hall. This book was released on 1998 with total page 660 pages. Available in PDF, EPUB and Kindle. Book excerpt: This work offers an up-to-date analysis of the European Union, with events surrounding such issues as the single currency or EU enlargement. It includes analysis of the outcome of the IGC.

Macroeconomics of Monetary Union

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Publisher : Springer Science & Business Media
ISBN 13 : 3540736336
Total Pages : 285 pages
Book Rating : 4.5/5 (47 download)

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Book Synopsis Macroeconomics of Monetary Union by : Michael Carlberg

Download or read book Macroeconomics of Monetary Union written by Michael Carlberg and published by Springer Science & Business Media. This book was released on 2007-07-24 with total page 285 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is what we’ve all been waiting for – a book that demystifies the European community’s monetary union. Unlike other books, this one provides readers with a practical yet sophisticated grasp of the macroeconomic principles necessary to understand a monetary union. The most important case in point is the Euro area, where policy targets are price stability and full employment. To illustrate all of this there are numerical simulations of monetary policy, fiscal policy, and wage policy.

Cooperation, Comity, and Competition Policy

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Publisher : Oxford University Press, USA
ISBN 13 : 0195387708
Total Pages : 380 pages
Book Rating : 4.1/5 (953 download)

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Book Synopsis Cooperation, Comity, and Competition Policy by : Andrew T. Guzman

Download or read book Cooperation, Comity, and Competition Policy written by Andrew T. Guzman and published by Oxford University Press, USA. This book was released on 2011 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This work illustrates how domestic competition law policies intersect with the realities of international business. The first part of the book provides country reports explaining the extraterritorial reach of national laws; the countries covered are: Australia, Brazil, Canada, China, the EC, Israel, Japan, Singapore, and the United States. The second part of the book offers several proposals for effectively managing these overlapping competition policy regimes"--Provided by publisher.

The Foreign Policy of the European Union

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Publisher : Brookings Institution Press
ISBN 13 : 0815722524
Total Pages : 384 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis The Foreign Policy of the European Union by : Federiga M. Bindi

Download or read book The Foreign Policy of the European Union written by Federiga M. Bindi and published by Brookings Institution Press. This book was released on 2012 with total page 384 pages. Available in PDF, EPUB and Kindle. Book excerpt: "Explores European foreign policy and the degree of European Union success in proposing itself as a valid international actor, drawing from the expertise of scholars and practitioners in many disciplines. Addresses issues past and present, theoretical and practice-oriented, and country- and region-specific"-- Provided by publisher.

Europe's Foreign and Security Policy

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Publisher : Cambridge University Press
ISBN 13 : 9780521538619
Total Pages : 312 pages
Book Rating : 4.5/5 (386 download)

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Book Synopsis Europe's Foreign and Security Policy by : Michael E. Smith

Download or read book Europe's Foreign and Security Policy written by Michael E. Smith and published by Cambridge University Press. This book was released on 2004 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt: The emergence of a common security and foreign policy has been one of the most contentious issues accompanying the integration of the European Union. In this book, Michael Smith examines the specific ways foreign policy cooperation has been institutionalized in the EU, the way institutional development affects cooperative outcomes in foreign policy, and how those outcomes lead to new institutional reforms. Smith explains the evolution and performance of the institutional procedures of the EU using a unique analytical framework, supported by extensive empirical evidence drawn from interviews, case studies, official documents and secondary sources. His perceptive and well-informed analysis covers the entire history of EU foreign policy cooperation, from its origins in the late 1960s up to the start of the 2003 constitutional convention. Demonstrating the importance and extent of EU foreign/security policy, the book will be of interest to scholars, researchers and policy-makers.

One Market, One Money

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Publisher :
ISBN 13 : 9780198773245
Total Pages : 356 pages
Book Rating : 4.7/5 (732 download)

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Book Synopsis One Market, One Money by : Michael Emerson

Download or read book One Market, One Money written by Michael Emerson and published by . This book was released on 1992 with total page 356 pages. Available in PDF, EPUB and Kindle. Book excerpt: The European Community is negotiating a new treaty to establish the constitutional foundations of an economic and monetary union in the course of the 1990s. This study provides the only comprehensive guide to the economic implications of economic and monetary union. The work of an economist inside the Commission of the European Community, it reflects the considerations influencing the design of the union. The study creates a unique bridge between the insights of modern economic analysis and the work of the policy makers preparing for economic and monetary union.