Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations
by
Plasmans, Joseph. author.
Title
:
Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations
Author
:
Plasmans, Joseph. author.
ISBN
:
9780387279312
Personal Author
:
Plasmans, Joseph. author.
Physical Description
:
XVI, 324 p. online resource.
Series
:
Dynamic Modeling and Econometrics in Economics and Finance, 8
Contents
:
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.
Abstract
:
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.
Subject Term
:
Economics.
Europe -- Economic policy.
Macroeconomics.
Economics, Mathematical.
Economics/Management Science.
European Integration.
Macroeconomics/Monetary Economics.
Economic Systems.
Game Theory/Mathematical Methods.
Operations Research/Decision Theory.
Added Author
:
Engwerda, Jacob.
van Aarle, Bas.
di Bartolomeo, Giovanni.
Michalak, Tomasz.
Added Corporate Author
:
SpringerLink (Online service)
Electronic Access
:
Library | Material Type | Item Barcode | Shelf Number | Status |
---|
IYTE Library | E-Book | 504712-1001 | HC241 | Online Springer |