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Monetary Policy, Fiscal Policies and Labour Markets: Macroeconomic Policymaking in the EMU.
・ISBN 978-0-521-04183-6 paper GB£ 36.99
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| 著者・編者 | Beetsma, R. / Favero, C. / Missale, A. / Muscatelli, V. A. / Natale, P. / Tirelli, P. (eds.), |
|---|---|
| 出版社 | (Cambridge University Press, UK) |
| 出版年月 | 2007 |
| ページ数 | 392 pp. |
| 言語 | ENG |
| ニュース番号 | ＜A03-14469＞ |
解説
Following the birth of the European Monetary Union (EMU) economists are still divided in their assessment of the ability of its key institutions to provide macroeconomic stability and foster the reforms necessary to stimulate economic growth. In this collection, experts focus on issues of fiscal policy, monetary policy and labour markets and ask: Can the stability and growth pact provide an adequate framework for the conduct of national fiscal policies? Is the ECB reacting with competence and flexibility to a rapidly changing macroeconomic environment? How do national labour markets react to the macroeconomic institutions and what are the structural reforms needed in labour markets? Blending empirical and theoretical data, this book offers one of the most comprehensive surveys of research in macroeconomic policymaking within the EMU.