Studies examining the policy challenges posed by European monetary integration, including asymmetry problems and fiscal concerns.
The success of European monetary integration -- called by the editors of this CESifo volume "one of the most far-reaching, real world experiments in monetary policy to date" -- is not assured. Policy makers have been forced to deal with challenges posed by formulating a uniform monetary policy for countries with asymmetric business cycles and economies in different stages of development as well as with the fiscal and financial implications of a unified currency.
The contributors to European Monetary Integration, all prominent economists and scholars, combine theoretical analysis and policy recommendation in their examination of these difficulties. In the first three chapters they consider issues raised by asymmetry problems, including imperfect labor and goods markets, the problem of monetary policy objectives when "one size does not fit all," and the possibility of a bias toward smaller countries in the "one country, one vote" constitutional structure of the European Central Bank. In the last three chapters, they discuss fiscal concerns, including the distribution of seignorage revenues and the interaction of European Central Bank monetary policies and asset price dynamics.
"synopsis" may belong to another edition of this title.
Hans-Werner Sinn is Professor of Economics and Public Finance at the University of Munich and President of the CESIfo Group. Author of Can Germany Be Saved? The Malaise of the World's First Welfare State (MIT Press) and other books, he is former president of the International Institute of Public Finance, and former chairman of the German Economic Association.
Marko Köthenbürger is Assistant Professor at the Center for Economic Studies, University of Munich, and Research Director at CESifo.
"About this title" may belong to another edition of this title.
Seller: Basi6 International, Irving, TX, U.S.A.
Condition: Brand New. New. US edition. Expediting shipping for all USA and Europe orders excluding PO Box. Excellent Customer Service. Seller Inventory # ABEOCT25-67894
Seller: Kloof Booksellers & Scientia Verlag, Amsterdam, Netherlands
Condition: as new. Cambridge, MA: The MIT Press, 2004. Hardcover. Dustjacket. 200 pp.- The success of European monetary integration -- called by the editors of this CESifo volume "one of the most far-reaching, real world experiments in monetary policy to date" -- is not assured. Policy makers have been forced to deal with challenges posed by formulating a uniform monetary policy for countries with asymmetric business cycles and economies in different stages of development as well as with the fiscal and financial implications of a unified currency.The contributors to European Monetary Integration, all prominent economists and scholars, combine theoretical analysis and policy recommendation in their examination of these difficulties. In the first three chapters they consider issues raised by asymmetry problems, including imperfect labor and goods markets, the problem of monetary policy objectives when "one size does not fit all," and the possibility of a bias toward smaller countries in the "one country, one vote" constitutional structure of the European Central Bank. In the last three chapters, they discuss fiscal concerns, including the distribution of seignorage revenues and the interaction of European Central Bank monetary policies and asset price dynamics. English text. Condition : as new. Condition : as new copy. ISBN 9780262194990. Keywords : ECONOMICS, Seller Inventory # 251753
Seller: Kloof Booksellers & Scientia Verlag, Amsterdam, Netherlands
Condition: very good. Cambridge , Mass . : MIT Press, c2004. Hardcover.Dustjacket. xvi, 176 p. : ill. ; 24 cm. Condition : very good copy. ISBN 9780262194990. Keywords : , Seller Inventory # 248609
Quantity: 1 available
Seller: MARCIAL PONS LIBRERO, MADRID, M, Spain
TAPA DURA. Condition: New. Seller Inventory # 100709841
Seller: Buchpark, Trebbin, Germany
Condition: Gut. Zustand: Gut | Sprache: Englisch | Produktart: Bücher | Keine Beschreibung verfügbar. Seller Inventory # 1504914/203