Macroeconomic Policy in the European Monetary Union
Routledge (Verlag)
978-0-415-42900-9 (ISBN)
Comprising contributions from distinguished researchers from different European countries and institutions the issues addressed include the:
monetary and fiscal policy-mix
evolution and control of fiscal aggregates over the business cycle and their implications for the SGP rules
accountability of debt evolution
financial spill-over of national fiscal policies
measurement and assessment of automatic stabilizers.
Based on empirical evidence as well as being firmly rooted in theoretical analyses and giving particular emphasis to the constraint of the Stability and Growth Pact on the one hand and the presence of a single monetary policy on the other, this book is an invaluable tool students and researchers engaged with macroeconomic stabilization and monetary and fiscal policy interactions, as well as professionals in the public sector and the financial institutions of the EU.
Francesco Farina, Roberto Tamborini
1. Introduction Part 1: Macroeconomic Governance in the EMU 2. Fiscal Policy and Implementation in EMU: From Maastricht to the SGP Reform and Beyond 3. Macroeconomic Adjustment in the Euro Area: The Role of Fiscal Policy Part 2: Empirical Analyses of National Fiscal Stances 4. Measuring and Assessing Fiscal Automatic Stabilizers 5. Getting Measures of Fiscal Stance Right for the New SGP 6. Testing the Fiscal Theory of the Price Level for European Countries: A Cointegrated VAR Approach Part 3: Fiscal Policy and the EMU Countries - Heterogeneity, Interdependence and Divergence 7. Fiscal Stabilization and the SGP Constraints: Why Size Matters 8. Assessing Financial Spillovers of National Fiscal Policies 9. Inflation Divergence and Public Deficits in a Monetary Union
Reihe/Serie | Routledge Studies in the European Economy |
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Zusatzinfo | 36 Tables, black and white; 30 Line drawings, black and white; 30 Illustrations, black and white |
Verlagsort | London |
Sprache | englisch |
Maße | 156 x 234 mm |
Gewicht | 492 g |
Themenwelt | Sozialwissenschaften ► Politik / Verwaltung |
Wirtschaft ► Volkswirtschaftslehre ► Finanzwissenschaft | |
Wirtschaft ► Volkswirtschaftslehre ► Makroökonomie | |
ISBN-10 | 0-415-42900-5 / 0415429005 |
ISBN-13 | 978-0-415-42900-9 / 9780415429009 |
Zustand | Neuware |
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