Reflections on the Fiscal Implications of a Common Currency

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Publisher :
ISBN 13 :
Total Pages : 52 pages
Book Rating : 4.X/5 (1 download)

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Book Synopsis Reflections on the Fiscal Implications of a Common Currency by : Willem H. Buiter

Download or read book Reflections on the Fiscal Implications of a Common Currency written by Willem H. Buiter and published by . This book was released on 1990 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economics of Monetary Union

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Publisher :
ISBN 13 : 0198849540
Total Pages : 302 pages
Book Rating : 4.1/5 (988 download)

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Book Synopsis Economics of Monetary Union by : Paul De Grauwe

Download or read book Economics of Monetary Union written by Paul De Grauwe and published by . This book was released on 2020 with total page 302 pages. Available in PDF, EPUB and Kindle. Book excerpt: Comprehensive, Current, and Unique in Approach: The Only Textbook to Discuss Both the Costs and Benefits of Monetary Unions. The thirteenth edition of this established textbook examines the monetary union through theory, empirical analysis, and policy implications allowing you to develop a balanced understanding of different arguments and perspectives. De Grauwe brings rich detail and clarity to the subject, ensuring that you understand the content, Each chapter concludes with questions and further sample essay questions hosted online, giving you opportunities to practise for assessments, New to this edition: Updated evaluation of the new fiscal rules that the EU authorities have introduced since the sovereign debt crisis, Further coverage on the quantitative easing measures introduced by the European Central Bank, New discussion of green money and safe assets Book jacket.

Financial Crises Explanations, Types, and Implications

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Publisher : International Monetary Fund
ISBN 13 : 1475561008
Total Pages : 66 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Financial Crises Explanations, Types, and Implications by : Mr.Stijn Claessens

Download or read book Financial Crises Explanations, Types, and Implications written by Mr.Stijn Claessens and published by International Monetary Fund. This book was released on 2013-01-30 with total page 66 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper reviews the literature on financial crises focusing on three specific aspects. First, what are the main factors explaining financial crises? Since many theories on the sources of financial crises highlight the importance of sharp fluctuations in asset and credit markets, the paper briefly reviews theoretical and empirical studies on developments in these markets around financial crises. Second, what are the major types of financial crises? The paper focuses on the main theoretical and empirical explanations of four types of financial crises—currency crises, sudden stops, debt crises, and banking crises—and presents a survey of the literature that attempts to identify these episodes. Third, what are the real and financial sector implications of crises? The paper briefly reviews the short- and medium-run implications of crises for the real economy and financial sector. It concludes with a summary of the main lessons from the literature and future research directions.

Fiscal Policy, Taxation and the Financial System in an Increasingly Integrated Europe

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Publisher : Springer Science & Business Media
ISBN 13 : 9401126283
Total Pages : 437 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis Fiscal Policy, Taxation and the Financial System in an Increasingly Integrated Europe by : D.E. Fair

Download or read book Fiscal Policy, Taxation and the Financial System in an Increasingly Integrated Europe written by D.E. Fair and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 437 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers collected in this volume are those presented at the sixteenth Colloquium arranged by the Societe Universitaire Europeenne de Re cherches Financieres (SUERF), which took place in Lisbon in May 1991. The Society is supported by a large number of central banks and commer cial banks, by other financial and business institutions, and by personal subscriptions from academics and others interested in monetary and financial problems. Since its establishment in 1963, it has developed as a forum for the exchange of information, research results and ideas among academics and practitioners in these fields, including central bank officials and civil servants responsible for formulating and applying monetary and financial policies, national and international. A major activity of SUERF is to organise and conduct Colloquia on subjects of topical interest to its members. The titles, places and dates of previous Colloquia for which volumes of the collected papers were published are noted on the last page of this volume. Volumes were not produced for Colloquia held at Tarragona, Spain in October 1970 under the title 'Monetary Policy and New Developments in Banking' and at Strasbourg, France in January 1972 under the title 'Aspects of European Monetary Union'.

The Dollarization Debate

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Publisher : Oxford University Press
ISBN 13 : 0190288671
Total Pages : 476 pages
Book Rating : 4.1/5 (92 download)

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Book Synopsis The Dollarization Debate by : Dominick Salvatore

Download or read book The Dollarization Debate written by Dominick Salvatore and published by Oxford University Press. This book was released on 2003-03-27 with total page 476 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes a global approach, with an emphasis on North and Latin America respectfully, by discussing one of today's most controversial topics in business; Dollarization. With the collapse of the former Soviet Union, and the formation of the Euro in Europe, many countries and debating whether or not a common currency is in their best interest. This intriguing volume brings together the leading participants in the current dollarization debates. Many advocate the notion of a common currency, while others feel that in doing so will create financial costs for all that take part, with the severity varying from country to country.

International Economic Integration: Monetary, fiscal and factor mobility issues

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Publisher : Taylor & Francis
ISBN 13 : 9780415166737
Total Pages : 834 pages
Book Rating : 4.1/5 (667 download)

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Book Synopsis International Economic Integration: Monetary, fiscal and factor mobility issues by : Miroslav Jovanovic

Download or read book International Economic Integration: Monetary, fiscal and factor mobility issues written by Miroslav Jovanovic and published by Taylor & Francis. This book was released on 1998 with total page 834 pages. Available in PDF, EPUB and Kindle. Book excerpt:

An Economic Analysis of Monetary Union

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Publisher : Springer Science & Business Media
ISBN 13 : 3662044358
Total Pages : 258 pages
Book Rating : 4.6/5 (62 download)

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Book Synopsis An Economic Analysis of Monetary Union by : Michael Carlberg

Download or read book An Economic Analysis of Monetary Union written by Michael Carlberg and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 258 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the new economics of monetary union. It carefully discusses the effects of shocks and policies on output and prices. Shocks and policies are country-specific or common. They occur on the demand or supply side. Countries can differ in behavioural functions. Wages can be fixed, flexible, or slow. In addition, fixed wages and flexible wages can coexist. Take for instance fixed wages in Germany and flexible wages in France. Or take fixed wages in Europe and flexible wages in America. A special feature of this book is the numerical estimation of shock and policy multipliers. Further topics are inflation and disinflation. Take for instance inflation in Germany and price stability in France. Then what policy is needed for disinflation in the union? And what will be the dynamic effects on Germany and France?

Coordination of Monetary and Fiscal Policies

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Publisher : International Monetary Fund
ISBN 13 : 1451844239
Total Pages : 33 pages
Book Rating : 4.4/5 (518 download)

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Book Synopsis Coordination of Monetary and Fiscal Policies by : International Monetary Fund

Download or read book Coordination of Monetary and Fiscal Policies written by International Monetary Fund and published by International Monetary Fund. This book was released on 1998-03-01 with total page 33 pages. Available in PDF, EPUB and Kindle. Book excerpt: Recently, monetary authorities have increasingly focused on implementing policies to ensure price stability and strengthen central bank independence. Simultaneously, in the fiscal area, market development has allowed public debt managers to focus more on cost minimization. This “divorce” of monetary and debt management functions in no way lessens the need for effective coordination of monetary and fiscal policy if overall economic performance is to be optimized and maintained in the long term. This paper analyzes these issues based on a review of the relevant literature and of country experiences from an institutional and operational perspective.

Currency Union and Exchange Rate Issues

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Publisher : Edward Elgar Publishing
ISBN 13 : 1849805377
Total Pages : 209 pages
Book Rating : 4.8/5 (498 download)

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Book Synopsis Currency Union and Exchange Rate Issues by : Ronald MacDonald

Download or read book Currency Union and Exchange Rate Issues written by Ronald MacDonald and published by Edward Elgar Publishing. This book was released on 2010-01-01 with total page 209 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book written by leading academics and practitioners in the field brings together cutting edge research on exchange rate regime and monetary union issues. There is a particular focus on the implications for member states of the Gulf Cooperation Council (GCC) which is itself working towards forming a monetary union for the Gulf States. The relatively dramatic movements in the US dollar in the recent past, and also in the early 1990s, have called the practice of pegging to the US dollar into question for a group of countries that predominantly rely on hydrocarbons as their primary export. The book considers the key issues which must be addressed by the GCC in trying to form a monetary union for the Gulf countries and also the rigid pegging of member states currencies to the US dollar. The proposed monetary union raises clear issues in terms of the appropriateness of such a regime for these countries and whether, for example, the necessary institutional mechanisms are in place ahead of the proposed union. Currency Union and Exchange Rate Issues brings together the perspectives of a group of experts who focus on these important issues, and provide analysis of the policy options. Academics, policymakers and postgraduates in international finance will find much to consider and learn from in this informative book.

Economic Dynamics in Transitional Economies

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Publisher : Routledge
ISBN 13 : 100015677X
Total Pages : 262 pages
Book Rating : 4.0/5 (1 download)

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Book Synopsis Economic Dynamics in Transitional Economies by : Bruno Sergi

Download or read book Economic Dynamics in Transitional Economies written by Bruno Sergi and published by Routledge. This book was released on 2020-07-24 with total page 262 pages. Available in PDF, EPUB and Kindle. Book excerpt: Learn more about the transitional economies of Central and Eastern Europe! This book examines the economic dynamics of Central and Eastern European post-Communist countries. It illuminates the paths these countries are taking toward restructuring their markets, increasing international trade, and bettering their connections with the European Union and other countries. Beginning with a comparative analysis of the three “P-governments”—Pigouvian, Partizan, and Paternalistic—and continuing with a discussion of the interrelated political and economic difficulties of transition, author Bruno Sergi proposes a surprising solution. Inspired by the Bruxelles consensus, he proposes that the European Commission should become a fourth “P-government,” replacing the role formerly played by the Washington consensus in the restructuring of post-Communist economies. Economic Dynamics in Transitional Economies also explores: regional comparative macroeconomics the aftereffects of the Washington Consensus integration of Eastern and Western European economies interrelations between national and regional monetary activity political and economic policy reform involvement of European Union member countries We are living in historic times, and Economic Dynamics in Transitional Economies will be a welcome guide to the rough roads ahead. This thorough assessment of current political and economic realities will stimulate debate about new European paradigms, the role of the European Union, and the difficulties of post-Communist transition. These issues promise to be vital to the region’s success in the new century.

Center Discussion Paper

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Publisher :
ISBN 13 :
Total Pages : 702 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis Center Discussion Paper by :

Download or read book Center Discussion Paper written by and published by . This book was released on 1992 with total page 702 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Economic Policy in a Monetary Union

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Publisher : Springer Science & Business Media
ISBN 13 : 3642572901
Total Pages : 316 pages
Book Rating : 4.6/5 (425 download)

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

Download or read book Economic Policy 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 316 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book explores the scope and limits of macroeconomic policy in a monetary union. The focus is on pure policies, policy mixes, and policy coordination. The leading protagonists are the union central bank, national governments, and national trade unions. Special emphasis is put on wage shocks and wage restraint. This book develops a series of basic, intermediate, and advanced models. The monetary union is an open economy with high capital mobility. The exchange rate between the monetary union and the rest of the world is floating. The world interest rate can be exogenous or endogenous. The union countries may differ in money demand, consumption, imports, openness, or size. A striking feature is the numerical estimation of policy multipliers. A lot of diagrams serve to illustrate the subject in hand.

European Integration

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Publisher : Bloomsbury Publishing
ISBN 13 : 1137019611
Total Pages : 440 pages
Book Rating : 4.1/5 (37 download)

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Book Synopsis European Integration by : Athina Zervoyianni

Download or read book European Integration written by Athina Zervoyianni and published by Bloomsbury Publishing. This book was released on 2017-09-16 with total page 440 pages. Available in PDF, EPUB and Kindle. Book excerpt: European Integration is an authoritative and accessible guide to the integration process of the European economies, suitable for undergraduate students of economics. It explores the core trade and currency issues and features full coverage of contemporary policy debates and institutional developments.

Adjustment and Growth in the European Monetary Union

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Publisher : Cambridge University Press
ISBN 13 : 052144019X
Total Pages : 406 pages
Book Rating : 4.5/5 (214 download)

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Book Synopsis Adjustment and Growth in the European Monetary Union by : Francisco Torres

Download or read book Adjustment and Growth in the European Monetary Union written by Francisco Torres and published by Cambridge University Press. This book was released on 1993-10-21 with total page 406 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Maastricht Treaty, signed in December 1991, set a timetable for the European Community's economic and monetary union (EMU) and clearly defined the institutional policy changes necessary for its achievement. Subsequent developments have demonstrated, however, the importance of many key issues in the transition to EMU that were largely neglected at the time. This volume reports the proceedings of a joint CEPR conference with the Banco de Portugal, held in January 1992. In these papers, leading international experts address the instability of the transition to EMU, the long-run implications of monetary union and the single market for growth and convergence in Europe. They also consider the prospects for inflation and fiscal convergence, regional policy and the integration of financial markets and fiscal systems. Attention focuses on adjustment mechanisms with differentiated shocks, region-specific business cycles and excessive industrial concentration and the cases for a two-speed EMU and fiscal federalism.

Monetary and Fiscal Policies in EMU

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Publisher : Cambridge University Press
ISBN 13 : 9780521832151
Total Pages : 376 pages
Book Rating : 4.8/5 (321 download)

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Book Synopsis Monetary and Fiscal Policies in EMU by : Marco Buti

Download or read book Monetary and Fiscal Policies in EMU written by Marco Buti and published by Cambridge University Press. This book was released on 2003-11-13 with total page 376 pages. Available in PDF, EPUB and Kindle. Book excerpt: Leading scholars and policy makers examine the challenges that are facing economic policies in the EMU today.

Equity, Efficiency and Growth

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Publisher : Springer
ISBN 13 : 1349246492
Total Pages : 414 pages
Book Rating : 4.3/5 (492 download)

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Book Synopsis Equity, Efficiency and Growth by : Mario Baldassarri

Download or read book Equity, Efficiency and Growth written by Mario Baldassarri and published by Springer. This book was released on 2016-01-23 with total page 414 pages. Available in PDF, EPUB and Kindle. Book excerpt: In the post-war period, spending on social security, health and education has grown continuously in the leading industrialized countries. The considerable size of this spending as a percentage of GDP together with the ageing population raise doubts on the sustainability of welfare spending. These doubts have been accompanied in recent years by an increasing awareness of the allocational inefficiencies and the distributive inequalities caused by the provision of some social services. The welfare state should therefore be reconstructed not only through readjustment of the social security system but also a change in unemployment benefits and the taxation of workers to avoid the perverse spiral that may be produced in the future by cuts in welfare benefits, growing unemployment and the need to further reduce the social security services.

Monetary and Fiscal Policy in an Integrated Europe

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Publisher : Springer Science & Business Media
ISBN 13 : 3642798179
Total Pages : 250 pages
Book Rating : 4.6/5 (427 download)

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Book Synopsis Monetary and Fiscal Policy in an Integrated Europe by : Barry Eichengreen

Download or read book Monetary and Fiscal Policy in an Integrated Europe written by Barry Eichengreen and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this volume, a group of distinguished economists and political scientists analyze the political economy of European integration, evaluating recent developments in European monetary and fiscal policy. They consider the current situation, as well as the prospects for an Integrated Europe. The book is unique in combining perspectives from economics and political science and provides an in-depth analysis of the new European institutions. The book will be of great interest to observers, scholars, and students of European economic and political affairs, macroeconomic policy, institutional analysis, and comparative and international political economy. Published in conjunction with "Politics and Institutions in an Integrated Europe" by the same editors.