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020 _a9783540927518
_99783540927518
024 7 _a10.1007/9783540927518
_2doi
035 _avtls000352674
039 9 _a201509030922
_bVLOAD
_c201405060309
_dVLOAD
_y201402180925
_zstaff
040 _aMX-SnUAN
_bspa
_cMX-SnUAN
_erda
100 1 _aCarlberg, Michael.
_eautor
_9327781
245 1 0 _aStrategic Policy Interactions in a Monetary Union /
_cby Michael Carlberg.
264 1 _aBerlin, Heidelberg :
_bSpringer Berlin Heidelberg,
_c2009.
300 _brecurso en línea.
336 _atexto
_btxt
_2rdacontent
337 _acomputadora
_bc
_2rdamedia
338 _arecurso en línea
_bcr
_2rdacarrier
347 _aarchivo de texto
_bPDF
_2rda
500 _aSpringer eBooks
505 0 _aThe Monetary Union as a Whole:Absence of a Deficit Target -- Monetary Policy A -- Monetary Policy B -- Fiscal Policy A -- Fiscal Policy B -- Interaction between Central Bank and Government -- Cooperation between Central Bank and Government -- Interaction between Central Bank and Government:A Special Case -- The Monetary Union as a Whole:Presence of a Deficit Target -- Fiscal Policy A -- Fiscal Policy B -- Interaction between Central Bank and Government A -- Interaction between Central Bank and Government B -- Interaction between Central Bank and Government C -- Cooperation between Central Bank and Government -- The Monetary Union of Two Countries:Absence of a Deficit Target. -- Monetary Policy in Europe A -- Monetary Policy in Europe B -- Fiscal Policy in Germany A -- Fiscal Policy in Germany B -- Interaction between European Central Bank,German Government, and French Government -- Cooperation between European Central Bank,German Government, and French Government -- The Monetary Union of Two Countries:Presence of a Deficit Target -- Fiscal Policy in Germany A -- Fiscal Policy in Germany B -- Interaction between European Central Bank,German Government, and French Government A -- Interaction between European Central Bank,German Government, and French Government B -- Interaction between European Central Bank,German Government, and French Government C -- Cooperation between European Central Bank,German Government, and French Government -- Synopsis -- Conclusion -- Result.
520 _aThis 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.
590 _aPara consulta fuera de la UANL se requiere clave de acceso remoto.
710 2 _aSpringerLink (Servicio en línea)
_9299170
776 0 8 _iEdición impresa:
_z9783540927501
856 4 0 _uhttp://remoto.dgb.uanl.mx/login?url=http://dx.doi.org/10.1007/978-3-540-92751-8
_zConectar a Springer E-Books (Para consulta externa se requiere previa autentificación en Biblioteca Digital UANL)
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999 _c299574
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