Monetary and wage policies in the Euro area / Michael Carlberg.

This book studies the interactions between monetary and wage policies in the euro area. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the European central bank, the American central bank...

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Bibliographic Details
Online Access:Electronic book from Springer Complete
Main Author: Carlberg, Michael.
Format: eBook
Language:English
Published:Berlin ; New York : Springer, ©2006.
Subjects:
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100 1 |a Carlberg, Michael. 
245 1 0 |a Monetary and wage policies in the Euro area /  |c Michael Carlberg. 
260 |a Berlin ;  |a New York :  |b Springer,  |c ©2006. 
300 |a 1 online resource (xvi, 309 pages) 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file 
347 |b PDF 
504 |a Includes bibliographical references (pages 293-304) and index. 
505 0 |a Cover -- TOContents -- Introduction -- 1. Subject and Approach -- 2. Monetary Competition between Europe and America -- 3. Monetary Cooperation between Europe and America -- 4. Wage Competition between Germany and France -- 5. Wage Cooperation between Germany and France -- 6. Monetary and Wage Competition -- 7. Monetary and Wage Cooperation -- Part One -- Basic Models of a Monetary Union -- CHhapter 1. The Small Monetary Union of Two Countries -- 1. The Model -- 2. Monetary Policy -- 3. Wage Policy -- CHhapter 2. The World as a Whole -- 1. The Model -- 2. Monetary Policy -- 3. Wage Policy -- CHhapter 3. The World of Two Monetary Regions -- 1. The Model -- 2. Monetary Policy -- 3. Wage Policy -- Part Two -- Monetary Interactions between Europe and America -- CHhapter 1. Monetary Competition between Europe and America -- 1. The Djmamic Model -- 2. Some Numerical Examples -- CHhapter 2. Monetary Cooperation between Europe and America -- 1. The Model -- 2. Some Numerical Examples -- Part Three -- Wage Interactions between Germany and France -- CHhapter 1. Competition between the German Labour Union and the French Labour Union -- 1. The Dynamic Model -- 2. Some Numerical Examples -- CHhapter 2. Cooperation between the German Labour Union and the French Labour Union -- 1. The Model -- 2. Some Numerical Examples -- Part Four -- Monetary and Wage Interactions: Intermediate Models -- CHhapter 1. Competition between European Central Bank, German Labour Union, and French Labour Union -- 1. The Dynamic Model -- 2. Some Numerical Examples -- CHhapter 2. Cooperation between European Central Bank, German Labour Union, and French Labour Union -- 1. The Model -- 2. Some Numerical Examples -- CHhapter 3. Competition between European Central Bank, American Central Bank, German Labour Union, and French Labour Union -- 1. The Dynamic Model -- 2. Some Numerical Examples -- CH. 
505 0 |a Chapter 4. Cooperation between European Central Bank, American Central Bank, German Labour Union, and French Labour Union -- 1. The Model -- 2. Some Numerical Examples -- Part Five -- Monetary and Wage Interactions: Advanced Models -- Cold-Turkey Policies / CHhapter 1. Simultaneous Decisions -- Gradualist Policies / CHhapter 2. Simultaneous Decisions -- CHhapter 3. Fast Monetary Competition and Slow Wage Competition -- CHhapter 4. Monetary Cooperation between Europe and America, Wage Competition between Germany and France -- 1. The Model -- 2. Some Numerical Examples -- CHhapter 5. Monetary Cooperation between Europe and America, Wage Cooperation between Germany and France -- 1. The Model -- 2. Some Numerical Examples -- CHhapter 6. Policy Cooperation within Europe, Policy Competition between Europe and America -- 1. The Model -- 2. A Numerical Example -- Part Six -- Rational Policy Expectations -- CHhapter 1. Monetary Competition between Europe and America -- CHhapter 2. Wage Competition between Germany and France -- Sequential Decisions / CHhapter 3. Monetary and Wage Competition -- Simultaneous Decisions -- / CHhapter 4. Monetary and Wage Competition. 
588 0 |a Print version record. 
520 |a This book studies the interactions between monetary and wage policies in the euro area. It carefully discusses the process of policy competition and the structure of policy cooperation. As to policy competition, the focus is on competition between the European central bank, the American central bank, the German labour union, and the French labour union. As to policy cooperation, the focus is on the same institutions. These are higher-dimensional issues. The policy targets are price stability and full employment. The policy makers follow cold-turkey or gradualist strategies. The policy decisions are taken sequentially or simultaneously. Monetary and wage policies have spillover effects. Special features of this book are numerical simulations of policy competition and numerical solutions to policy cooperation. 
506 |a Access limited to authorized users. 
650 0 |a Monetary policy  |z European Union countries. 
650 0 |a Monetary policy  |z United States. 
650 0 |a Wages  |z European Union countries. 
650 0 |a Eurozone. 
650 0 |a Competition, International. 
773 0 |t Springer e-books 
773 |t Springer Complete eBooks. 
776 0 8 |i Print version:  |a Carlberg, Michael.  |t Monetary and wage policies in the Euro area.  |d Berlin ; New York : Springer, ©2006  |z 3540369333  |z 9783540369332  |w (DLC) 2006931060  |w (OCoLC)72437068 
776 0 8 |i Online version:  |a Carlberg, Michael.  |t Monetary and wage policies in the Euro area.  |d Berlin ; New York : Springer, ©2006  |w (OCoLC)945914977 
856 4 0 |u http://ezproxy.lafayette.edu/login?url=https://link.springer.com/10.1007/978-3-540-36934-9  |z Electronic book from Springer Complete