European Monetary Union and exchange rate dynamics: new approaches and application to the Euro ; with 12 tables
Gespeichert in:
1. Verfasser: | |
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Format: | Buch |
Sprache: | English |
Veröffentlicht: |
Berlin [u.a.]
Springer
2001
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Schlagworte: | |
Online-Zugang: | Inhaltsverzeichnis |
Beschreibung: | X, 158 S. graph. Darst. |
ISBN: | 3540679146 |
Internformat
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Datensatz im Suchindex
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adam_text |
Table of Contents
Preface V
A. European Monetary Union: Start of the Euro and the Need
for Complementary Measures in Euroland 1
1. Introduction 3
2. The Single Market, Growth Perspectives and Welfare Effects of the Euro 6
3. Price Competition, Real Interest Rates and Investment under EMU 10
4. Transmission Channels of Monetary Policy 14
5. EMU, Capital Markets and Growth of New Firms 19
6. Relative Prices, Factor Rewards and Real Convergence 22
7. Labor Markets, Mobility and Unemployment 23
8. Implications for Economic Policies and Budget Consolidation 25
9. Looming EU Protectionism? 26
10. Real Exchange Rate Aspects 27
11. Summary and Conclusions 29
Appendix A 30
B. Modern Exchange Rate Theory and Schumpetrian
Economic Analysis: New Approach and Application to the
Euro 37
1. Introduction 39
2. Exchange Rate Analysis in the Short and Long Run: A New Approach 43
2.1. Optimum Exchange Rate Flexibility and Optimum Currency Area 49
2.2. Changes in Domestic Marginal Product of Capital 54
2.3. Debt Reduction Policy 5 8
2.4. Government Budget Constraint in a Supply side Framework 60
2.5. A Portfolio Augmented Mundell Fleming Model 60
2.6. Supply Side Fiscal Policy in a Schumpetrian Mundell Fleming
Model 66
2.7. Simple Interest Parity Model with Long Term Adjustment 69
X Monetary Union and Exchange Rates Dynamics
3. Conclusions 75
Appendix Bl 78
Appendix B2 80
Appendix B3 83
Appendix B4 84
Appendix B5 85
C. Exchange Rate Policy for the Euro: Theory, Strategic Issues
and Policy Options 87
1. Introduction 89
2. Exchange Rate Regimes and Exchange Rate Policies 93
2.1. Exchange Rate Regimes in the Era of High Capital Mobility and
High Technology Competition 97
2.2. Trade, Foreign Investment and Exchange Rate Adjustment 99
2.3. Some Aspects of the Euro Dollar Exchange Rate 102
2.4. Global Crisis Management 105
2.5. Looming Protectionism of Euroland? 107
3. The EMS Mark II 108
3.1. Transition Problems of Euro Latecomers 108
3.2. Transition Problems of Accession Countries and Exchange Rate
Regimes 109
4. Summary and Conclusions 130
Appendix C 132
References 149
List of Figures 157
List of Tables 159 |
any_adam_object | 1 |
author | Welfens, Paul J. J. 1957-2022 |
author_GND | (DE-588)115570470 |
author_facet | Welfens, Paul J. J. 1957-2022 |
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dewey-ones | 332 - Financial economics |
dewey-raw | 332.4/94 21 |
dewey-search | 332.4/94 21 |
dewey-sort | 3332.4 294 221 |
dewey-tens | 330 - Economics |
discipline | Wirtschaftswissenschaften |
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geographic | Europäische Union. Mitgliedsstaaten |
geographic_facet | Europäische Union. Mitgliedsstaaten |
id | DE-604.BV013366726 |
illustrated | Illustrated |
indexdate | 2025-01-02T09:17:41Z |
institution | BVB |
isbn | 3540679146 |
language | English |
oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-009117729 |
oclc_num | 216362282 |
open_access_boolean | |
owner | DE-355 DE-BY-UBR DE-739 DE-703 DE-19 DE-BY-UBM DE-20 DE-12 DE-1102 DE-384 DE-706 DE-521 DE-526 DE-634 DE-188 |
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physical | X, 158 S. graph. Darst. |
publishDate | 2001 |
publishDateSearch | 2001 |
publishDateSort | 2001 |
publisher | Springer |
record_format | marc |
spelling | Welfens, Paul J. J. 1957-2022 Verfasser (DE-588)115570470 aut European Monetary Union and exchange rate dynamics new approaches and application to the Euro ; with 12 tables Paul J. J. Welfens Berlin [u.a.] Springer 2001 X, 158 S. graph. Darst. txt rdacontent n rdamedia nc rdacarrier Europäische Union (DE-588)5098525-5 gnd rswk-swf Monetary policy -- European Union countries Foreign exchange rates -- European Union countries Euro Wechselkurs (DE-588)4064921-0 gnd rswk-swf Währungsunion (DE-588)4188829-7 gnd rswk-swf Monetäre Wechselkurstheorie (DE-588)4758072-0 gnd rswk-swf Währungspolitik (DE-588)4064152-1 gnd rswk-swf Europäische Union. Mitgliedsstaaten Europäische Union (DE-588)5098525-5 b Währungsunion (DE-588)4188829-7 s Wechselkurs (DE-588)4064921-0 s DE-604 Währungspolitik (DE-588)4064152-1 s Monetäre Wechselkurstheorie (DE-588)4758072-0 s HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=009117729&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
spellingShingle | Welfens, Paul J. J. 1957-2022 European Monetary Union and exchange rate dynamics new approaches and application to the Euro ; with 12 tables Europäische Union (DE-588)5098525-5 gnd Monetary policy -- European Union countries Foreign exchange rates -- European Union countries Euro Wechselkurs (DE-588)4064921-0 gnd Währungsunion (DE-588)4188829-7 gnd Monetäre Wechselkurstheorie (DE-588)4758072-0 gnd Währungspolitik (DE-588)4064152-1 gnd |
subject_GND | (DE-588)5098525-5 (DE-588)4064921-0 (DE-588)4188829-7 (DE-588)4758072-0 (DE-588)4064152-1 |
title | European Monetary Union and exchange rate dynamics new approaches and application to the Euro ; with 12 tables |
title_auth | European Monetary Union and exchange rate dynamics new approaches and application to the Euro ; with 12 tables |
title_exact_search | European Monetary Union and exchange rate dynamics new approaches and application to the Euro ; with 12 tables |
title_full | European Monetary Union and exchange rate dynamics new approaches and application to the Euro ; with 12 tables Paul J. J. Welfens |
title_fullStr | European Monetary Union and exchange rate dynamics new approaches and application to the Euro ; with 12 tables Paul J. J. Welfens |
title_full_unstemmed | European Monetary Union and exchange rate dynamics new approaches and application to the Euro ; with 12 tables Paul J. J. Welfens |
title_short | European Monetary Union and exchange rate dynamics |
title_sort | european monetary union and exchange rate dynamics new approaches and application to the euro with 12 tables |
title_sub | new approaches and application to the Euro ; with 12 tables |
topic | Europäische Union (DE-588)5098525-5 gnd Monetary policy -- European Union countries Foreign exchange rates -- European Union countries Euro Wechselkurs (DE-588)4064921-0 gnd Währungsunion (DE-588)4188829-7 gnd Monetäre Wechselkurstheorie (DE-588)4758072-0 gnd Währungspolitik (DE-588)4064152-1 gnd |
topic_facet | Europäische Union Monetary policy -- European Union countries Foreign exchange rates -- European Union countries Euro Wechselkurs Währungsunion Monetäre Wechselkurstheorie Währungspolitik Europäische Union. Mitgliedsstaaten |
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