Monetary and Fiscal Strategies in the World Economy by Michael Carlberg 6 pdf

Monetary and Fiscal Strategies in the World Economy by Michael Carlberg_1 ppt

... 2G=−− (6) M. Carlberg, Monetary and Fiscal Strategies in the World Economy, 47 DOI 10.1007/978-3 -64 2-104 76- 3_8, © Springer-Verlag Berlin Heidelberg 2010 23 Chapter 3 Monetary and Fiscal Interaction ... unit increase in money supply lowers the rate of unemployment by 1 percentage point. On the other hand, it raises the rate Monetary and Fiscal...

Ngày tải lên: 20/06/2014, 23:20

Monetary and Fiscal Strategies in the World Economy by Michael Carlberg_6 pdf

... to minimize the loss, given the inflation functions, the M. Carlberg, Monetary and Fiscal Strategies in the World Economy, 217 deficit in Europe, and a zero structural deficit in America. The ... result, monetary and fiscal interaction lowers inflation in America. On the other hand, it raises unemployment and the structural deficit there. Mone...

Ngày tải lên: 20/06/2014, 23:20

Monetary and Fiscal Strategies in the World Economy by Michael Carlberg_8 doc

... in Europe, monetary interaction lowers inflation in Europe. On the other hand, it raises unemployment there. 279 274 5) Comparing monetary- fiscal interaction A and monetary- fiscal interaction ... unemployment in Europe. The targets of the American central bank are zero 5. Monetary and Fiscal Policies in Europe and America 266 inflation and...

Ngày tải lên: 20/06/2014, 23:20