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Monetary and Fiscal Policies in the Euro-Area: Macro Modelling, Learning and Empirics

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Juni 2005

Beschreibung

Beschreibung

The emergence of a macro economy in Euro-Asia is a challenge for academics and policy makers. This book focuses on this macro economy and the monetary and fiscal policy responses. It explores monetary policies allowing for uncertainty and time-varying behaviour of economic agents in markets.

Inhaltsverzeichnis

I. Monetary policy. 1. Introduction. 2. Empirical evidence of the IS and Phillips Curves. 3. Time-varying Phillips Curve. 4. Time-varying monetary policy reaction function. 5. Euro-area monetary policy affects using USA monetary policy rules. 6. Optimal monetary policy and adaptive learning. 7. Time-varying optimal monetary policy. 8. Asset price volatility and monetary policy. II. Fiscal policy. 9. Fiscal policy and economic growth. 10. Testing sustainability of fiscal policies. 11. Stabilization of public debt and Macroeconomic performance. III. Monetary and fiscal policy interactions. 12. Monetary and fiscal policy interactions in the Euro-area. 13. Time-varying monetary and fiscal policy interactions.
EAN: 9780444518903
ISBN: 0444518908
Untertitel: New. Sprache: Englisch.
Verlag: EMERALD GROUP PUB
Erscheinungsdatum: Juni 2005
Seitenanzahl: 372 Seiten
Format: gebunden
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