Unemployment and Inflation in Economic Crises

2012
ISBN: 978-3-642-44193-6
Verlag: Springer

Buch, Englisch, 284 Seiten, Previously published in hardcover, Format (B × H): 155 mm x 235 mm, Gewicht: 452 g

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.

Zielgruppe

Research

Autoren/Hrsg.

Carlberg, Michael

Fachgebiete

• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Beschäftigung, Arbeitslosigkeit
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Geldwirtschaft, Währungspolitik
• Wirtschaftswissenschaften Volkswirtschaftslehre Internationale Wirtschaft
• Wirtschaftswissenschaften Volkswirtschaftslehre Volkswirtschaftslehre Allgemein Makroökonomie
• Wirtschaftswissenschaften Volkswirtschaftslehre Finanzkrisen, Wirtschaftskrisen
• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzkrisen

Inhaltsverzeichnis

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.

Über Autor(innen)

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