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Dynamic Policy Interactions in a Monetary Union

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:
  • 9783642442667
  • Indbinding:
  • Paperback
  • Sideantal:
  • 347
  • Udgivet:
  • 4. Oktober 2014
  • Udgave:
  • 2011
  • Størrelse:
  • 235x155x19 mm.
  • Vægt:
  • 551 g.
Leveringstid: 2-3 uger
Forventet levering: 9. Oktober 2024

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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