Overview

This book analyzes economic interdependence in the Euro Area. It offers expert estimates of the sign and size of economic spillovers. Moreover, the authors explore the impact of economic policy coordination on economic performance in the Euro Area. Among the many topics explored are the link between fiscal and monetary policies in the Euro Area and the coordination of fiscal policies and of structural reforms.

Full Product Details

Author:   Bas van Aarle ,  Klaus Weyerstrass
Publisher:   Springer-Verlag Berlin and Heidelberg GmbH & Co. KG
Imprint:   Physica-Verlag GmbH & Co
Edition:   Softcover reprint of hardcover 1st ed. 2008
Dimensions:   Width: 15.50cm , Height: 1.30cm , Length: 23.50cm
Weight:   0.454kg
ISBN:  

9783790825350

ISBN 10:   3790825352
Pages:   235
Publication Date:   19 October 2010
Audience:   Professional and scholarly ,  Professional & Vocational
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print  
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Table of Contents

Economic spillovers, structural reforms and policy coordination in the Euro Area: An overview.- Budgetary spillovers and short-term interest rates.- Budgetary spillovers and long-term interest rates.- Budgetary stabilisation and the level of public debt.- Spillovers from economic reform.- Macroeconomic and welfare effects of structural and budgetary policies: spillovers in the MSG3 model.- Have Europe’s labour markets become more flexible? An exercise in measuring the relative flexibility of wages across countries and time.

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