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  • Book
  • © 2012

Unemployment and Inflation in Economic Crises

Authors:

  1. Michael Carlberg

    1. Universität der Bundeswehr Hamburg, FB Wirtsch.-u.Organisationswissensch., Helmut-Schmidt-Universität, Hamburg, Germany

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  • A series of basic, intermediate, and more advanced models help the reader to understand and proceed quickly

  • The investigation covers demand shocks, supply shocks, and mixed shocks The analysis includes country-specific shocks and common shocks

  • Includes supplementary material: sn.pub/extras

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Table of contents (18 chapters)

  1. Front Matter

    Pages 1-1
    PDF

  2. Introduction

    • Michael Carlberg
    Pages 1-10

  3. Monetary Interaction between Europe and America

    1. Front Matter

      Pages 11-11
      PDF

    2. Chapter 1 Monetary Interaction: Case A

      • Michael Carlberg
      Pages 13-31

    3. Chapter 2 Monetary Interaction: Case B

      • Michael Carlberg
      Pages 32-54

    4. Chapter 3 Monetary Interaction: Case C

      • Michael Carlberg
      Pages 55-66

  4. Monetary Cooperation between Europe and America

    1. Front Matter

      Pages 67-67
      PDF

    2. Chapter 1 Monetary Cooperation: Case A

      • Michael Carlberg
      Pages 69-80

    3. Chapter 2 Monetary Cooperation: Case B

      • Michael Carlberg
      Pages 81-94

    4. Chapter 3 Monetary Cooperation: Case C

      • Michael Carlberg
      Pages 95-102

  5. Fiscal Interaction between Europe and America

    1. Front Matter

      Pages 103-103
      PDF

    2. Chapter 1 Fiscal Interaction: The Model

      • Michael Carlberg
      Pages 105-108

  6. Fiscal Cooperation between Europe and America

    1. Front Matter

      Pages 127-127
      PDF

    2. Chapter 1 Fiscal Cooperation: The Model

      • Michael Carlberg
      Pages 129-130

  7. Monetary and Fiscal Interaction between Europe and America: Cold-Turkey Policies

    1. Front Matter

      Pages 141-141
      PDF

    2. Chapter 1 Monetary and Fiscal Interaction: Case A

      • Michael Carlberg
      Pages 143-166

    3. Chapter 2 Monetary and Fiscal Interaction: Case B

      • Michael Carlberg
      Pages 167-191

  8. Monetary and Fiscal Interaction between Europe and America: Gradualist Policies

    1. Front Matter

      Pages 193-193
      PDF
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About this book

This book studies unemployment and inflation in economic crises, first considering the scenario of a demand shock in Europe. In that case, monetary and fiscal interaction would cause widespread oscillations in European unemployment and European inflation. And what is more, there would be equally far-reaching fluctuations in the European money supply and European government purchases. These monetary and fiscal interactions would have no effects on the American economy. Second, it examines the scenario of a supply shock in Europe, in which monetary and fiscal interactions would have no effects on European unemployment or European inflation; there would also be an explosion of European government purchases and an implosion of the European money supply. Monetary and fiscal interactions would produce uniform oscillations in American unemployment and American inflation. Lastly, we would also see an implosion of both the American money supply and American government purchases.
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Keywords

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Authors and Affiliations

  • Universität der Bundeswehr Hamburg, FB Wirtsch.-u.Organisationswissensch., Helmut-Schmidt-Universität, Hamburg, Germany

    Michael Carlberg

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About the author

Michael Carlberg is Professor at Helmut Schmidt University in Hamburg, Germany. His research is on Macroeconomics, Monetary Economics, and International Economics.
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Bibliographic Information

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Access via your institution

Buy it now

eBook USD 84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

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