Monetary and Wage Policies in the Euro Area / Edition 1

by Michael Carlberg

Overview

This book studies interactions between monetary and wage policies in the Euro area, closely reviewing and discussing the process of policy competition and the structure of policy cooperation. On policy competition, the book focuses on competition between the European central bank, the American central bank, the German labour union, and the French labour union. As to policy cooperation, the focus is on the same institutions. Includes numerical simulations and solutions.

Product Details

ISBN-13:	9783540369332
Publisher:	Springer Berlin Heidelberg
Publication date:	10/09/2006
Edition description:	2006
Pages:	309
Product dimensions:	6.10(w) x 9.25(h) x 0.03(d)

Table of Contents

Basic Models of a Monetary Union.- The Small Monetary Union of Two Countries.- The World as a Whole.- The World of Two Monetary Regions.- Monetary Interactions between Europe and America.- Monetary Competition between Europe and America.- Monetary Cooperation between Europe and America.- Wage Interactions between Germany and France.- Competition between the German Labour Union and the French Labour Union.- Cooperation between the German Labour Union and the French Labour Union.- Monetary and Wage Interactions Intermediate Models.- Competition between European Central Bank, German Labour Union, and French Labour Union.- Cooperation between European Central Bank, German Labour Union, and French Labour Union.- Competition between European Central Bank, American Central Bank, German Labour Union, and French Labour Union.- Cooperation between European Central Bank, American Central Bank, German Labour Union, and French Labour Union.- Monetary and Wage Interactions Advanced Models.- Simultaneous Decisions: Cold-Turkey Policies.- Simultaneous Decisions: Gradualist Policies.- Fast Monetary Competition and Slow Wage Competition.- Monetary Cooperation between Europe and America, Wage Competition between Germany and France.- Monetary Cooperation between Europe and America, Wage Cooperation between Germany and France.- Policy Cooperation within Europe, Policy Competition between Europe and America.- Rational Policy Expectations.- Monetary Competition between Europe and America.- Wage Competition between Germany and France.- Monetary and Wage Competition: Sequential Decisions.- Monetary and Wage Competition: Simultaneous Decisions.- Monetary Cooperation between Europe and America, Wage Competition between Germany and France.- Policy Cooperation within Europe, Policy Competition between Europe and America.