Estimating How the Macroeconomy Works |
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| Author:
| Fair, Ray C. |
| ISBN: | 978-0-674-01546-3 |
| Publication Date: | Dec 2004 |
| Publisher: | Harvard University Press
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| Book Format: | Hardback |
| List Price: | USD $100.00 |
Book Description:
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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.
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.