Chapter 2 Monetary Cooperation: Case B

  • Michael Carlberg


This chapter is based on target system B. The targets of monetary cooperation are zero inflation and zero unemployment in each of the regions.


Unit Increase Money Supply European Central Bank Demand Shock Total Increase 
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Copyright information

© Springer-Verlag Berlin Heidelberg 2012

Authors and Affiliations

  • Michael Carlberg
    • 1
  1. 1.Department of EconomicsHelmut Schmidt UniversityHamburgGermany

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