Growth and Cohesion in the European Union: The Impact of Macroeconomic Policy

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William Mitchell, J. Muysken, Tom van Veen
Edward Elgar Publishing, 01.01.2006 - 250 Seiten
This book is a critical review of current fiscal and monetary policy in Europe and presents results of both empirical research and a discussion of the theoretical framework behind the policy of the ECB and the Stability and Growth Pact.
 

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Inhalt

An Answer to the Wrong Question
3
2 Whither Stability Pact? An Assessment of Reform Proposals
32
3 Alternatives for the Policy Framework of the Euro
57
4 What Drives ECB Monetary Policy?
74
5 Interest Rates Debt CounterCyclical Policy and Monetary Sovereignty
98
Labour Markets and Labour Market Policies
107
Examining the Benefits
109
A Panel Data Analysis
130
Comparing the AngloSaxon Model and a EuropeanStyle Alternative
157
Social Protection as Investment Policy
180
10 Labour Market Adjustments and Macroeconomic Performance
206
Index
239
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