Growth, Cycles and Macroeconomic Policy in the European Union

Growth, Cycles and Macroeconomic Policy in the European Union PDF Author: Vítor Manuel Alves Castro
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Growth, Cycles and Macroeconomic Policy in the European Union

Growth, Cycles and Macroeconomic Policy in the European Union PDF Author: Vítor Manuel Alves Castro
Publisher:
ISBN:
Category :
Languages : en
Pages : 0

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Book Description


Growth, Cycles and Macroeconomic Policy in the European Union

Growth, Cycles and Macroeconomic Policy in the European Union PDF Author:
Publisher:
ISBN:
Category :
Languages : en
Pages : 490

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Growth and Cohesion in the European Union

Growth and Cohesion in the European Union PDF Author: William Mitchell
Publisher: Edward Elgar Publishing
ISBN: 9781781956366
Category : Business & Economics
Languages : en
Pages : 280

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Book Description
This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the ECB and the Stability and Growth Pact.

Full Employment and High Growth in Europe

Full Employment and High Growth in Europe PDF Author: M. Baldassarri
Publisher: Springer
ISBN: 1403937362
Category : Business & Economics
Languages : en
Pages : 262

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Book Description
Mario Baldassarri and Francesco Busato evaluate the impact produced by a new cycle of structural reforms over European Union economies. The structural reforms concern the size and the composition of government expenditure, the good and services markets, and the labour market. The book illustrates how the key challenge for European countries is not to discuss how policies could be implemented (e.g. fiscal policy competition Vs fiscal policy coordination), but to implement them.

Between Growth and Stability

Between Growth and Stability PDF Author: Leila Simona Talani
Publisher: Edward Elgar Publishing
ISBN: 1848441509
Category : Business & Economics
Languages : en
Pages : 213

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Book Description
Very comprehensive and based on a detailed economic and political analysis, Between Growth and Stability is clearly a vital book for both students and seasoned economists. . . Thomas Bauwens, Bibliothèque Européenne Combining economic and political science perspectives, this timely and important book describes and analyses the circumstances and events leading to the demise and subsequent reform of the Stability and Growth Pact (SGP). Between Growth and Stability aims to find a solution to the dilemmas posed by fiscal policy coordination in the context of a single currency area, as well as contrasting the alternative heuristic frameworks and theoretical perspectives employed. It focuses particularly on the question of credibility, its definition and its meaning in the day-to-day workings of economic and monetary union. The book examines the actual performance of the SGP and proposes ways in which the integrity of European fiscal rule making might be improved in the future. This book will be essential reading for policymakers, politicians, members of European institutions and international organizations. The in-depth analysis will also be invaluable to scholars of international relations and economics, as well as undergraduate and postgraduate students in international relations, political science and economics.

Macroeconomic Policy in the European Monetary Union

Macroeconomic Policy in the European Monetary Union PDF Author: Francesco Farina
Publisher: Routledge
ISBN: 1134109385
Category : Business & Economics
Languages : en
Pages : 238

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Book Description
Providing readers with a multi-faceted assessment of the implementation of fiscal policies in the euro zone and their macroeconomic effects five years after the inception of the euro, this book, international in perspective and scope, is the first reliable reference source for discussions in this area for both academics and policy makers. Comprising contributions from distinguished researchers from different European countries and institutions the issues addressed include the: monetary and fiscal policy-mix evolution and control of fiscal aggregates over the business cycle and their implications for the SGP rules accountability of debt evolution financial spill-over of national fiscal policies measurement and assessment of automatic stabilizers. Based on empirical evidence as well as being firmly rooted in theoretical analyses and giving particular emphasis to the constraint of the Stability and Growth Pact on the one hand and the presence of a single monetary policy on the other, this book is an invaluable tool students and researchers engaged with macroeconomic stabilization and monetary and fiscal policy interactions, as well as professionals in the public sector and the financial institutions of the EU.

Macroeconomic Theory and the Eurozone Crisis

Macroeconomic Theory and the Eurozone Crisis PDF Author: Alain Alcouffe
Publisher: Routledge
ISBN: 135110764X
Category : Business & Economics
Languages : en
Pages : 244

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Book Description
The financial crisis of 2007 required the economics discipline to thoroughly re-evaluate its prevailing theories about economic cycles and economic growth. With a focus on Europe, this volume identifies the latest strands of research on business cycles, monetary theory, the evolution of social policies and public spending, and the institutional context of the European Union. It also considers whether these new ideas could have helped us avoid the crisis, and how they might reshape the current economic paradigm. This book will be of interest to advanced students and researchers in European economics, macroeconomics and economic history.

Macroeconomic Policies for EU Accession

Macroeconomic Policies for EU Accession PDF Author: Erdem Basci
Publisher: Edward Elgar Publishing
ISBN: 9781847205230
Category : Business & Economics
Languages : en
Pages : 360

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Book Description
What macroeconomic requirements must Turkey meet in its quest to accede to the European Union? This book, with its distinguished contributors - well-known economists and policymakers - examines and analyses these macroeconomic challenges confronting Turkey. Although the focus is on the specific situation of Turkey, the lessons are informative for other candidate countries and the findings directly relevant to the process of European integration. The book is divided into four parts: fiscal policies and sustainability of public finances, monetary policy challenges, preconditions for euro adoption, sustainable regimes of capital movements. Each topic is studied in two consecutive papers concentrating first on the challenges faced by the countries of the EU, and then by Turkey. Several papers review the experiences from the previous round of EU accession and the implications of these for Turkey. Macroeconomic Policies for EU Accession will appeal to policymakers, bureaucrats and academics interested in the macroeconomic problems of EU accession and European integration.

The Euro Area Business Cycle

The Euro Area Business Cycle PDF Author: Lucrezia Reichlin
Publisher: Centre for Economic Policy Research
ISBN: 1898128839
Category : Business cycles
Languages : en
Pages : 103

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Book Description


Market Regulation, Cycles and Growth in a Monetary Union

Market Regulation, Cycles and Growth in a Monetary Union PDF Author: Mirko Abbritti
Publisher: International Monetary Fund
ISBN: 1498311482
Category : Business & Economics
Languages : en
Pages : 52

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Book Description
We build a two-country currency union DSGE model with endogenous growth to assess the role of cross-country differences in product and labor market regulations for long-term growth and for the adjustment to shocks. We show that with endogenous growth, there is no reason to expect real income convergence. Large shocks, through endogenous TFP movements, can lead to permanent changes of output and real exchange rates. Differences are exacerbated when member countries have different product and labor market regulations. Less regulated economies are likely to have higher trend growth and recover faster from negative shocks. Results are consistent with higher inflation, lower employment and disappointing TFP growth rates experienced in the less reform-friendly euro area members.