Dynamic modeling of monetary and fiscal cooperation among nations
J. E. J. Plasmans · 2006
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"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."--BOOK JACKET.
Book details
- Year
- 2006
- Language
- English
- Publisher
- Springer
- Editions
- 1
- Pages
- 319
- ISBN
- 9780387278841
Data source: Wikidata