ENGLISH

Estimating How the Macroeconomy Works

By Ray C. Fair

Book information

Publisher
Harvard University Press
Year
2009
ISBN
9780674036635
DOI
10.4159/9780674036635
Language
english
Format
PDF
Filesize
17 MB (18276788 bytes)
Pages
314\313
Library
degruyter.com
Time added
2023-08-22 08:25:23

Description

Using a multicountry econometric model, Fair examines several key issues, including the causes of inflation, how monetary authorities behave, how large is the wealth effect on aggregate consumption, whether European monetary policy has been too restrictive, and the stabilization costs to Europe of adopting the euro.

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