This book addresses the macroeconomic implications of a country's transition to a monetary union. By using a dynamic multi-country simulation model, it is possible to pinpoint a monetary union, and repercussions produced by fiscal retrenchment policies. Interest and exchange rate effects could only be captured once a new approach including innovations in the solution methodology had been developed. Not only can we draw lessons for newly joining members to the EMU or to any other monetary union, but the analysis also implicitly offers a new explanation for the weak Euro in the first half of 1999.
| ISBN: | 9783790812664 |
| Publication date: | 24th January 2000 |
| Author: | Frank Bohn |
| Publisher: | Physica an imprint of Physica-Verlag HD |
| Format: | Paperback |
| Pagination: | 225 pages |
| Series: | Contributions to Economics |
| Genres: |
Macroeconomics Civil service and public sector |
This book addresses the macroeconomic implications of a country's transition to a monetary union. By using a dynamic multi-country simulation model, it is possible to pinpoint a monetary union, and repercussions produced by fiscal retrenchment policies. Interest and exchange rate effects could only be captured once a new approach including innovations in the solution methodology had been developed. Not only can we draw lessons for newly joining members to the EMU or to any other monetary union, but the analysis also implicitly offers a new explanation for the weak Euro in the first half of 1999.
Monetary Union and Fiscal Stability features in the following genres: Macroeconomics, Civil service and public sector
Monetary Union and Fiscal Stability is available in Paperback
Monetary Union and Fiscal Stability was written by Frank Bohn and published by Physica an imprint of Physica-Verlag HD
Monetary Union and Fiscal Stability has 225 pages
Yes it is part of Contributions to Economics series