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Unemployment and Inflation in Economic Crises

  • Livre Relié
  • 283 Nombre de pages
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Michael Carlberg is Professor at Helmut Schmidt University in Hamburg, Germany. His research is on Macroeconomics, Monetary Econo... Lire la suite
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Auteur

Michael Carlberg is Professor at Helmut Schmidt University in Hamburg, Germany. His research is on Macroeconomics, Monetary Economics, and International Economics.



Texte du rabat

This book studies unemployment and inflation in economic crises, first considering the scenario of a demand shock in Europe. In that case, monetary and fiscal interaction would cause widespread oscillations in European unemployment and European inflation. And what is more, there would be equally far-reaching fluctuations in the European money supply and European government purchases. These monetary and fiscal interactions would have no effects on the American economy. Second, it examines the scenario of a supply shock in Europe, in which monetary and fiscal interactions would have no effects on European unemployment or European inflation; there would also be an explosion of European government purchases and an implosion of the European money supply. Monetary and fiscal interactions would produce uniform oscillations in American unemployment and American inflation. Lastly, we would also see an implosion of both the American money supply and American government purchases.



Contenu

Monetary Interaction between Europe and America.- Monetary Cooperation between Europe and America.- Fiscal Interaction between Europe and America.- Fiscal Coopearation between Europe and America.- Monetary and Fiscal Interaction between Europe and America: Cold-Turkey Policies.- Monetary and Fiscal Interaction between Europe and America: Gradualist Policies.- Monetary and Fiscal Coopearation between Europe and America.- Result.- The Current Research Project.

Informations sur le produit

Titre: Unemployment and Inflation in Economic Crises
Auteur:
Code EAN: 9783642280177
ISBN: 364228017X
Format: Livre Relié
Genre: Economie publique
nombre de pages: 283
Poids: 578g
Taille: H245mm x B167mm x T20mm
Parution: 01.02.2012
Année: 2012

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