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Economic policy in EMU : a study
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Economic policy in EMU : a study

Author: Marco Buti; André Sapir
Publisher: Oxford, U.K. : Clarendon Press ; Oxford ; New York : Oxford University Press, ©1998.
Edition/Format:   Book : EnglishView all editions and formats
Summary:

Reviews and assesses the recent economic and policy debates surrounding European Monetary Union (EMU) and focuses on the functionality of monetary union. Provides analysis of how EMU will affect  Read more...

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Details

Material Type: Internet resource
Document Type: Book, Internet Resource
All Authors / Contributors: Marco Buti; André Sapir
ISBN: 0198294786 9780198294788 0198294778 9780198294771
OCLC Number: 39724126
Description: xvii, 256 p. ; 24 cm.
Contents: Pt. I. Rules and Adjustment. 1. The Economic Policy Framework of EMU. 2. Adjustment in EMU --
Pt. II. Specific Policy Issues. Monetary Policy and the Exchange Rate. 3. The Conduct of Monetary Policy. 4. Monetary Policy and Long-Term Interest Rates. 5. The Impact of Monetary Policy on the Real Economy. 6. The External Dimension. Budgetary Policy. 7. Achieving Budgetary Discipline: The Maastricht Consolidation Process. 8. Budgetary Adjustment: The Role of the Stability and Growth Pact. 9. Budgetary Automatic Stabilisers. 10. Budgetary Policy Coordination. Shocks and Market Adjustment. 11. Shocks and Cycles. 12. Adjustment Channels. 13. Economic Adjustment and the Labour Market. Real and Nominal Convergence. 14. Productivity and Inflation Differentials. 15. Regional Specialisation and Catching up. App. 1. Provisions of the Treaty Establishing the European Community --
App. 2. The Stability and Growth Pact.
Responsibility: by the European Commission Services ; edited by Marco Buti, André Sapir ; with a foreword by Giovanni Ravasio.
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