Economic policy coordination in the Euro area / Armin Steinbach.

Format:

Book

Author/Creator:

Steinbach, Armin.

Series:

Routledge studies in the European economy ; 31.

Routledge studies in the European economy ; 31

Language:

English

Subjects (All):

European Union countries--Economic policy.

European Union countries.

Economic policy.

Eurozone.

Physical Description:

viii, 201 pages : illustrations ; 24 cm.

Place of Publication:

Milton Park, Abingdon, Oxon ; New York : Routledge, 2014.

Contents:

Machine generated contents note: 1.Introduction

1.1.Basic criticisms of economic policy coordination

1.2.Stale of the research

1.3.This study's approach

2.Asymmetric shocks and heterogeneity following the creation of the EMU

2.1.Theoretical studies on business cycle convergence in the EMU

2.2.Empirical studies of economic convergence in the EMU

2.3.Possible mechanisms to adjust for heterogeneous development within the eurozone

3.Prerequisites for coordination and options for its design

3.1.Definition and forms of coordination: vertical and horizontal coordination

3.2.Requirements for the need for coordination

3.3.The existence of externalities as a basis for the need for coordination

3.4.Vertical forms of coordination

3.5.Interim findings

4.Coordination in the EU before the government-debt crisis

4.1.Soft coordination in the EU

4.2.Forms of hard coordination-within the EU

4.3.Monetary policy: centralized coordination

Contents note continued: 4.4.The failure of coordination during the financial crisis

4.5.Interim findings

5.The expansion of coordination in the EU

5.1.Reform of cross-border fiscal policy coordination

5.2.The expansion of cross-policy coordination through macroeconomic monitoring

5.3.Expanding wage policy coordination

5.4.Coordinating monetary and fiscal policy

6.Summary.

Notes:

Includes bibliographical references (pages 177-194) and index.

Other Format:

ebook version

ISBN:

9781138023970

1138023973

OCLC:

864676645