Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations

Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations

EnglishEbook
Plasmans, Joseph E.J.K
Springer US
EAN: 9780387279312
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Detailed information

Dynamic Modeling of Monetary and Fiscal Cooperation Among Nations analyzes coordination of monetary and fiscal stabilization policies between countries and currency areas using a dynamic game approach. The first four chapters introduce the reader to the dynamics of fiscal and monetary policy cooperation. Issues covered include: fiscal coordination, fiscal stringency requirements, structural and bargaining power asymmetries and the design of monetary and fiscal policymaking in a monetary union. In the four last chapters multiple-player settings with aspects of fiscal and/or monetary coordination are analyzed using the endogenous coalition formation approach. The analysis is focused on shock and model asymmetries and issues of multi-country coordination in the presence of (possibly many) monetary unions.
EAN 9780387279312
ISBN 0387279318
Binding Ebook
Publisher Springer US
Publication date April 25, 2006
Language English
Country United States
Authors Aarle, Bas van; Bartolomeo, Giovanni di; Engwerda, Jacob; Michalak, Tomasz; Plasmans, Joseph E.J.K
Series Dynamic Modeling and Econometrics in Economics and Finance
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