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European Monetary Union and Exchange Rate Dynamics: New Approaches and Application to the Euro

European Monetary Union and Exchange Rate Dynamics: New Approaches and Application to the Euro

Hardcover

EconomicsInvesting & Finance

ISBN10: 3540679146
ISBN13: 9783540679141
Publisher: Springer Nature
Published: Dec 12 2000
Pages: 176
Weight: 0.94
Height: 0.44 Width: 6.14 Depth: 9.21
Language: English
European Monetary Union: Start of the Euro and the Need for Complementary Measures in Euroland: Introduction.- The Single Market, Growth Perspectives and Welfare Effects of the Euro.- Price Competition, Real Interest Rates and Investment under EMU.- Transmission Channels of Monetary Policy.- EMU, Capital Markets and Growth of New Firms.- Relative Prices, Factor Rewards and Real Convergence.- Labor Markets, Mobility and Unemployment.- Implications for Economic Policies and Budget Consolidation.- Looming EU Protectionism?.- Real Exchange Rate Aspects.- Summary and Conclusions.- Appendix A.- Modern Exchange Rate Theory and Schumpetrian Economic Analysis: New Approach and Application to the Euro: Introduction.- Exchange Rate Analysis in the Short and Long Run: A New Approach.- Conclusions.- Appendix B.- Exchange Rate Policy for the Euro: Theory, Strategic Issues and Policy Options: Introduction.- Exchange Rate Regimes and Exchange Rate Policies.- The EMS Mark II.- Summary and Conclusions.- Appendix C.

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