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Klappentext The emergence of a macro economy in Euro-Asia is a challenge for academics and policy makers. This book focuses on this macro economy and the monetary and fiscal policy responses. It explores monetary policies allowing for uncertainty and time-varying behaviour of economic agents in markets. Zusammenfassung The emergence of a macro economy in Euro-Asia is a challenge for academics and policy makers. This book focuses on this macro economy and the monetary and fiscal policy responses. It explores monetary policies allowing for uncertainty and time-varying behaviour of economic agents in markets. Inhaltsverzeichnis I. Monetary policy. 1. Introduction. 2. Empirical evidence of the IS and Phillips Curves. 3. Time-varying Phillips Curve. 4. Time-varying monetary policy reaction function. 5. Euro-area monetary policy affects using USA monetary policy rules. 6. Optimal monetary policy and adaptive learning. 7. Time-varying optimal monetary policy. 8. Asset price volatility and monetary policy. II. Fiscal policy. 9. Fiscal policy and economic growth. 10. Testing sustainability of fiscal policies. 11. Stabilization of public debt and Macroeconomic performance. III. Monetary and fiscal policy interactions. 12. Monetary and fiscal policy interactions in the Euro-area. 13. Time-varying monetary and fiscal policy interactions.
