ISBN: 354000694X
TITLE: Policy Coordination in a Monetary Union
AUTHOR: Carlberg
TOC:

Introduction 1
Part One. The Small Monetary Union of Two Countries 15
Chapter 1. The Basic Model 16
Chapter 2. Monetary Policy in the Union 23
Chapter 3. Fiscal Competition between Germany and France 27
Chapter 4. Fiscal Cooperation between Germany and France 39
Chapter 5. Competition between the Union Central Bank, the German Government, and the French Government 44
Chapter 6. Cooperation between the Union Central Bank, the German Government, and the French Government 53
Chapter 7. Competition between the German Labour Union and the French Labour Union 60
Chapter 8. Cooperation between the German Labour Union and the French Labour Union 69
Chapter 9. Competition between the Central Bank, the German Labour Union, and the French Labour Union 74
Chapter 10. Cooperation between the Central Bank, the German Labour Union, and the French Labour Union 81
Chapter 11. Inflation in Germany and France 88
Part Two. The World of Two Monetary Regions 97
Chapter 1. The Basic Model 98
Chapter 2. Monetary Competition between Europe and America 111
Chapter 3. Monetary Cooperation between Europe and America 124
Chapter 4. Fiscal Competition between Europe and America 131
Chapter 5. Fiscal Cooperation between Europe and America 143
Part Three. The Large Monetary Union of Two Countries 149
Chapter 1. The Basic Model 150
Chapter 2. Fiscal Competition between Germany and France 159
Chapter 3. Fiscal Cooperation between Germany and France 169
Chapter 4. Competition between the European Central Bank, the German Government, and the French Government 175
Chapter 5. Cooperation between the European Central Bank, the German Government, and the French Government 184
Part Four. Rational Policy Expectations 191
Synopsis 209
Conclusion 213
Result 245
References 259
Index 271
END
