Asymmetry and Aggregation in the EU [electronic resource] /
Mayes, D.author.
Virén, Matti.author.
This book presents a clear exposition of what constitutes asymmetry in economics. It provides an empirical application of these ideas in the case of the EU. In particular, it shows how important asymmetry is for the appropriate design of policy in the Euro Area.
Description based upon print version of record.
Cover; Contents; List of Figures; List of Tables; List of Abbreviations; Acknowledgements; Preface; 1 The Nature of Asymmetry; 2 Estimation and Aggregation Concerns; 3 Aggregate Supply and Demand in an Open Economy; 4 The Phillips Curve; 5 Regional and Sectoral Concerns; 6 Output, Unemployment and the Labour Market: The Okun Curve; 7 Asymmetry and the Role of the Public Sector; 8 Monetary Policy; 9 Fiscal Responses; References; Index
Includes bibliographical references and index.
This book presents a clear exposition of what constitutes asymmetry in economics. It provides an empirical application of these ideas in the case of the EU. In particular, it shows how important asymmetry is for the appropriate design of policy in the Euro Area.
Economic policy.
International relations.
Macroeconomics.
International economics.
Political economy.
Economics.
Economic Policy.
International Relations.
Macroeconomics/Monetary Economics//Financial Economics.
International Economics.
International Political Economy.
Political Economy/Economic Systems.