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Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations

Medium: Buch
ISBN: 978-0-387-27884-1
Verlag: Springer Us
Erscheinungstermin: 05.05.2006
Lieferfrist: bis zu 10 Tage

Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between countries and currency areas using a dynamic game approach. The first four chapters introduce the reader to the dynamics of fiscal and monetary policy cooperation. Issues covered include: fiscal coordination, fiscal stringency requirements, structural and bargaining power asymmetries and the design of monetary and fiscal policymaking in a monetary union. In the four last chapters multiple-player settings with aspects of fiscal and/or monetary coordination are analyzed using the endogenous coalition formation approach. The analysis is focused on shock and model asymmetries and issues of multi-country coordination in the presence of (possibly many) monetary unions.


Produkteigenschaften


  • Artikelnummer: 9780387278841
  • Medium: Buch
  • ISBN: 978-0-387-27884-1
  • Verlag: Springer Us
  • Erscheinungstermin: 05.05.2006
  • Sprache(n): Englisch
  • Auflage: 2006. Auflage 2006
  • Serie: Dynamic Modeling and Econometrics in Economics and Finance
  • Produktform: Gebunden
  • Gewicht: 1450 g
  • Seiten: 324
  • Format (B x H x T): 169 x 249 x 25 mm
  • Ausgabetyp: Kein, Unbekannt
Autoren/Hrsg.

Autoren

International Policy Coordination.- Mathematical Background.- The Basic Symmetric Two-Country Model.- An MU Model with Active Monetary Policy.- Endogenous Coalition Formation Concepts.- A Multi-Country Closed-Economy MU Model.- Accession to a Monetary Union.- World-wide Regional Policy Coordination.- Concluding Remarks.