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Debts, External --- Financial crises --- Euro area --- European Union countries --- Economic policy

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Études économiques consacrées périodiquement par l'OCDE à l’économie de la zone euro. Chaque étude analyse les grands enjeux auxquels le pays fait face. Elle examine les perspectives à court terme et présente des recommandations détaillées à l’intention des décideurs politiques. Des chapitres thématiques analysent des enjeux spécifiques. Les tableaux et graphiques contiennent un large éventail de données statistiques.

Economics --- Euro Area --- Economic history. --- Economic policy. --- Since 1945 --- Europe --- Europe. --- Economic conditions --- Economic policy --- Conditions économiques --- Politique économique

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The work evaluates the policy problem of the Euro area from various fields, such as monetary, fiscal and exchange rate policy, and applies recently developed econometric techniques to empirical analysis.

European Central Bank. --- -Euro area --- 339.53094 --- Geldpolitik. --- Euro (W ahrung) --- Economic Conditions. --- Europ aische Zentralbank. --- Monetary policy --- Euro area. --- Euro area --- Euro zone --- Monetary unions --- ECB --- Banque centrale européenne --- BCE --- Banco Central Europeo --- Banca centrale europea --- Europäische Zentralbank --- Európska centrálna banka --- Eurozone --- E-books --- 334.151.1 --- 334.151.21 --- 334.151.25 --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- EG : economisch en monetair beleid --- Europese centrale bank. ESCB. Centrale banken --- Rekeneenheid, gemeenschappelijke munt van de Europese Gemeenschappen. ECU. Euro --- Eurozone. --- EZB --- BUSINESS & ECONOMICS --- POLITICAL SCIENCE --- Geldpolitik --- Economics&delete& --- Macroeconomics --- Economic Conditions

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This book studies the interactions between monetary and fiscal poUcies 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 government, and the French government. As to policy cooperation, the focus is on the same institutions. These are higher-dimensional issues. The pohcy targets are price stability and full employment. The policy makers follow co- turkey or gradualist strategies. The policy decisions are taken sequentially or simultaneously. Monetary and fiscal policies have spillover effects. Special features of this book are numerical simulations of policy competition and numerical solutions to policy cooperation. The present book is part of a larger research project on European Monetary Union, see the references at the back of the book. Some parts of this project were presented at the World Congress of the International Economic Association. Other parts were presented at the International Conference on Macroeconomic Analysis, at the International Institute of Public Finance, at the Macro Study Group of the German Economic Association, at the Annual Meeting of the Austrian Economic Association, at the Gottingen Workshop on International Economics, at the Halle Workshop on Monetary Economics, at the Research Seminar on Macroeconomics in Freiburg, and at the Passau Workshop on International Economics.

Monetary policy --- Fiscal policy --- Euro area. --- Euro area --- Euro zone --- Monetary unions --- Macroeconomics. --- Public finance. --- International economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- Public Economics. --- International Economics. --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Cameralistics --- Public finance --- Currency question --- Economics --- Public finances --- Eurozone.

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This book, unlike other books, provides readers with a practical yet sophisticated grasp of the macroeconomic principles necessary to understand a monetary union. By definition, a monetary union is a group of countries that share a common currency. The most important case in point is the Euro area. Policy makers are the central bank, national governments, and national labour unions. Policy targets are price stability and full employment. Policy makers follow cold-turkey or gradualist strategies. Policy decisions are taken sequentially or simultaneously. The countries can differ in size or behaviour. Policy expectations are adaptive or rational. To illustrate all of this there are numerical simulations of monetary policy, fiscal policy, and wage policy. .

Macroeconomics. --- International economics. --- Labor economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- International Economics. --- Labor Economics. --- Economics --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Monetary unions --- Euro area. --- Eurozone.