Abstract
1) The static model. The world economy consists of two monetary regions, say Europe and America. The monetary regions are the same size and have the same behavioural functions. This chapter is based on target system A. The target of the European central bank is zero inflation in Europe. And the target of the American central bank is zero inflation in America.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
Preview
Unable to display preview. Download preview PDF.
Author information
Authors and Affiliations
Rights and permissions
Copyright information
© 2012 Springer-Verlag Berlin Heidelberg
About this chapter
Cite this chapter
Carlberg, M. (2012). Chapter 1 Monetary Interaction: Case A. In: Unemployment and Inflation in Economic Crises. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-28018-4_2
Download citation
DOI: https://doi.org/10.1007/978-3-642-28018-4_2
Published:
Publisher Name: Springer, Berlin, Heidelberg
Print ISBN: 978-3-642-28017-7
Online ISBN: 978-3-642-28018-4
eBook Packages: Business and EconomicsEconomics and Finance (R0)