Monetary Policy, Fiscal Policies and Labour Markets

Abstract

List of figures List of tables List of contributors Acknowledgements Editors' introduction Part I. Monetary Policy: 1. The European Central Bank: a view from across the ocean Stephen G. Cecchetti 2. Which measure of inflation should the ECB target? C. A. Favero 3. An evaluation of alternative targeting rules for the ECB Pierpaolo Benigno and J. David Lopez-Salido 4. Inflation modelling in the euro area Fabio C. Bagliano, Roberto Golinelli and Claudio Morana Part II. Fiscal Policies: 5. The interaction between monetary and fiscal policies in a monetary union: a review of recent literature Roel Beetsma and Xavier Debrun 6. Independent or coordinated? Monetary and fiscal policy in EMU Luca Lambertini and Riccardo Rovelli 7. Interaction of fiscal policies in the euro area: how much pressure on the ECB? Luca Onorante 8. The macroeconomic impact of different speeds of debt stabilisation in EMU Campbell Leith and Simon Wren-Lewis 9. Fiscal shocks and policy regimes in some OECD countries Giuseppe De Arcangelis and Serena Lamartina 10. Monetary and fiscal policy interactions over the cycle: some empirical evidence V. Anton Muscatelli, Patrizio Tirelli and Carmine Trecroci Part III. Labour Markets: 11. Monetary institutions, monetary union and unionised labour markets: some recent developments Alex Cukierman 12. Inflationary performance in a monetary union with large wage setters Lilia Cavallari 13. On the enlargement of currency unions: incentives to join and incentives to reform Andrew Hughes Hallett and Svend E. Hougaard Jensen Index.