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Monetary and Fiscal Policies in the Euro Area(English, Electronic book text, Carlberg Michael)

Monetary and Fiscal Policies in the Euro Area(English, Electronic book text, Carlberg Michael)

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Studies the interactions between monetary and fiscal policies in the euro area. This book discusses the process of policy competition and the structure of policy cooperation. These are higher-dimensional issues. The policy targets are price stability and full employment. The policy makers follow cold-turkey or gradualist strategies.