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Dynamic Policy Interactions in a Monetary Union

af Michael Carlberg
Dynamic Policy Interactions in a Monetary Union af Michael Carlberg
Bag om Dynamic Policy Interactions in a Monetary Union

However, there is a short-run trade-off between low inflation and low unemployment. Here the main focus is on sequential policy decisions. 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?

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  • Sprog:
  • Engelsk
  • ISBN:
  • 9783642182273
  • Indbinding:
  • Hardback
  • Sideantal:
  • 347
  • Udgivet:
  • 25. februar 2011
  • Udgave:
  • 2011
  • Størrelse:
  • 234x156x20 mm.
  • Vægt:
  • 1500 g.
  • 8-11 hverdage.
  • 21. november 2024

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Beskrivelse af Dynamic Policy Interactions in a Monetary Union

However, there is a short-run trade-off between low inflation and low unemployment. Here the main focus is on sequential policy decisions. 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?

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