Herbert Giersch

Macro And Micro Policies For More Growth And Employment (eBook, PDF)

• Format: PDF

Produktbeschreibung

Major industrial countries have shown strikingly different performances in recent years. Between 1982 and 1987 . employment in the United States and Japan increased by 13 and 6 per cent respectively but only by 2 per cent in Western Europe. While unemployment rates in America and Japan are presently almost as low as they were in the late 1970s when the cyclical position was about the same . they are double as high as they were then in Western Europe. Correspondingly, GNP growth in Western Europe was low by past and international standards.

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Produktdetails

• Verlag: Taylor & Francis eBooks
• Seitenzahl: 382
• Erscheinungstermin: 4. März 2019
• Englisch
• ISBN-13: 9780429690181
• Artikelnr.: 55724695

Autorenporträt

Giersch, Herbert

Inhaltsangabe

1. Macroeconomic Issues for Europe in the 1980s: Can the NAIRU Be Tamed? 2.
The Case for Rules in the Conduct of Monetary Policy: A Concrete Example 3.
Wage Gaps venus Output Gaps: Is There a Common Story for AU of Europe? 4.
Labor Market Berriers to More Employment: Causes for an Increase of the
Natural Rate? The Case of West Germany 5. Money Supply venus Exchange-Rate
Targeting: An Asymmetry between the United States and Other Industrial
Economies 6. Macroeconomic Policy Coordination: Where Should We Stand? 7.
The Right Combination of Demand and Supply Policies: The Case for a
Two-Handed Approach 8. Lessons for Europe