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Monetary and Fiscal Policies in EMU

Monetary and Fiscal Policies in EMU

Monetary and Fiscal Policies in EMU

Interactions and Coordination
December 2003
Available
Hardback
9780521832151
$90.99
USD
Hardback

    This book is highly relevant to the policy agendas of all industrialized countries considering the current climate of low inflation and low growth. It is comprised of the contributions of leading macroeconomists who analyze the interactions between fiscal and monetary policies within the European Union. A final chapter examines the interactions between the U.S. and European economies and the problems associated with international policy coordination.

    • An up-to-date and comprehensive review of challenges facing economic policies in EMU. It also looks at EU-US relationships
    • Offers a unique mix of theoretical and policy oriented analyses
    • Builds on the experience of the early years of EMU and opens new avenues for economic research and policy analysis

    Product details

    December 2003
    Hardback
    9780521832151
    356 pages
    236 × 160 × 30 mm
    0.738kg
    23 tables
    Available

    Table of Contents

    • 1. Interactions and coordination between monetary and fiscal policies in EMU: what are the issues? Marco Buti
    • Part I. EMU's Fiscal and Monetary Rules: An Appraisal:
    • 2. One money, but many fiscal policies in Europe: what are the consequences? Harald Uhlig
    • 3. The compatibility between monetary and fiscal policies in EMU Simon Wren-Lewis
    • 4. Reforming EMU's fiscal policy rules Willem H. Buiter and Clemens Grafe
    • Part II. Policy Making in EMU:
    • 5. Monetary-fiscal interactions in an uncertain world: lessons for European policymakers Philip R. Lane
    • 6. Macroeconomic policy and structural reform: a conflict between stabilisation and flexibility? Marco Buti, Carlos Martinez-Mongay, Khalid Sekkat and Paul van den Noord
    • Part III. Monetary and Fiscal Policy Behaviour:
    • 7. How do European monetary and fiscal authorities behave? Carlo A. Favero
    • 8. Has EMU shifted monetary and fiscal policies? Fernando Ballabriga and Carlos Martinez-Mongay
    • Part IV. International Policy Spillovers:
    • 9. New views on the transatlantic transmission of fiscal policy and macroeconomic policy coordination Matthew B. Canzoneri, Robert E. Cumby and Behzad Diba.
      Contributors
    • Marco Buti, Harald Uhlig, Simon Wren-Lewis, Willem H. Buiter, Clemens Grafe, Philip R. Lane, Carlos Martinez-Mongay, Khalid Sekkat, Paul van den Noord, Carlo A. Favero, Fernando Ballabriga, Matthew B. Canzoneri, Robert E. Cumby, Behzad Diba

    • Editor
    • Marco Buti

      Marco Buti is currently a member of the Group of Policy Advisers of the Commission President at the European Commission. He has published extensively on EMU, fiscal and monetary policies.