Dynamic Policy Interactions in a Monetary Union
- Indbinding:
- Paperback
- Sideantal:
- 347
- Udgivet:
- 4. oktober 2014
- Udgave:
- 2011
- Størrelse:
- 235x155x19 mm.
- Vægt:
- 551 g.
Leveringstid:
8-11 hverdage
Forventet levering: 21. november 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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