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001 u373805
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005 20160812084203.0
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008 100301s2010 gw | s |||| 0|eng d
020 _a9783642104763
_9978-3-642-10476-3
040 _cMX-MeUAM
050 4 _aHB172.5
082 0 4 _a339
_223
100 1 _aCarlberg, Michael.
_eauthor.
245 1 0 _aMonetary and Fiscal Strategies in the World Economy
_h[recurso electrónico] /
_cby Michael Carlberg.
264 1 _aBerlin, Heidelberg :
_bSpringer Berlin Heidelberg,
_c2010.
300 _aXII, 306 p.
_bonline resource.
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
347 _atext file
_bPDF
_2rda
505 0 _aThe Closed Economy: Absence of a Deficit Target. -- Monetary Policy -- Fiscal Policy -- Monetary and Fiscal Interaction -- Monetary and Fiscal Cooperation -- The Closed Economy: Presence of a Deficit Target -- Fiscal Policy -- Monetary and Fiscal Interaction -- Monetary and Fiscal Cooperation -- Monetary Policies in Europe and America -- Monetary Interaction between Europe and America: Case A -- Monetary Interaction between Europe and America: Case B -- Monetary Interaction between Europe and America: Case C -- Monetary Cooperation between Europe and America: Case A -- Monetary Cooperation between Europe and America: Case B -- Monetary Cooperation between Europe and America: Case C -- Fiscal Policies in Europe and America:Absence of a Deficit Target. -- Fiscal Interaction between Europe and America -- Fiscal Cooperation between Europe and America -- Fiscal Policies in Europe and America: Presence of a Deficit Target -- Fiscal Interaction between Europe and America -- Fiscal Cooperation between Europe and America -- Monetary and Fiscal Policies in Europe and America:Absence of a Deficit Target -- Monetary and Fiscal Interaction between Europe and America -- Monetary and Fiscal Cooperation between Europe and America -- Monetary and Fiscal Policies in Europe and America:Presence of a Deficit Target -- Monetary and Fiscal Interaction between Europe and America: Case A -- Monetary and Fiscal Interaction between Europe and America: Case B -- Monetary and Fiscal Interaction between Europe and America: Case C -- Monetary and Fiscal Cooperation between Europe and America -- Cooperation within Regions, Interaction between Regions.
520 _aThis book studies the strategic interactions between monetary and fiscal policies in the world economy. The world economy consists of two regions, say Europe and America. The policy makers are the central banks and the governments. The policy targets are low inflation, low unemployment, and low structural deficits. There are demand shocks, supply shocks, and mixed shocks. There are regional 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.
650 0 _aEconomics.
650 0 _aEconomic policy.
650 0 _aInternational economics.
650 0 _aMacroeconomics.
650 1 4 _aEconomics/Management Science.
650 2 4 _aMacroeconomics/Monetary Economics.
650 2 4 _aInternational Economics.
650 2 4 _aEconomic Policy.
710 2 _aSpringerLink (Online service)
773 0 _tSpringer eBooks
776 0 8 _iPrinted edition:
_z9783642104756
856 4 0 _zLibro electrónico
_uhttp://148.231.10.114:2048/login?url=http://link.springer.com/book/10.1007/978-3-642-10476-3
596 _a19
942 _cLIBRO_ELEC
999 _c201685
_d201685