Asymmetry and Aggregation in the Euro Area 在线电子书 pdf 下载 txt下载 epub 下载 mobi 下载 2024

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David G. Mayes 作者

Palgrave Macmillan

译者

2010-07-20 出版日期

256 页数

USD 90.00 价格

Hardcover

丛书系列

9780230538085 图书编码

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Asymmetry and Aggregation in the Euro Area 在线电子书 epub 下载 mobi 下载 pdf 下载 txt 下载 2024

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Asymmetry and Aggregation in the Euro Area 在线电子书 pdf 下载 txt下载 epub 下载 mobi 在线电子书下载

Asymmetry and Aggregation in the Euro Area 在线电子书图书描述

This book provides a unique study of the differences in economic behaviour according to the phases of the economic cycle in the countries of the European Union. It presents a comprehensive analysis of asymmetry in the EU over the last forty years, and shows that the problems in the global financial crisis were readily predictable. The authors use empirical research and panel data to show how much economic behaviour changes between the up and down phases of the business cycle, and the difficulties this creates for monetary, fiscal and labour market policies. The volume demonstrates how prescient the asymmetric design of the Stability and Growth Pact was in trying to offset countries understandable optimism in fiscal policy, and the consequent tendency not to manage debt successfully. It also reveals the inherent problems for managing unemployment in an asymmetric labour market. This book is essential reading for all interested in European economics, macroeconomics and European integration.

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