EconStor >
Wirtschafts- und Sozialwissenschaftliches Institut (WSI), Hans-Böckler-Stiftung >
WSI-Diskussionspapiere, Wirtschafts- und Sozialwissenschaftliches Institut, Hans-Böckler-Stiftung >

Please use this identifier to cite or link to this item:

http://hdl.handle.net/10419/21567
  

Full metadata record

DC FieldValueLanguage
dc.contributor.authorTruger, Achimen_US
dc.contributor.authorHein, Eckharden_US
dc.date.accessioned2009-01-28T16:24:03Z-
dc.date.available2009-01-28T16:24:03Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/21567-
dc.description.abstractThis paper traces the euro zone?s inadequate macroeconomic performance in recent years back to the predominance of a restrictive macroeconomic policy mix based on a ?new monetarist? approach to economic policy. An approach based on a (post-)Keynesian analysis is presented as a growth and employment-oriented alternative to this restrictive policy mix. Contrary to the strict assignment of macroeconomic goals to the macroeconomic policy actors and their instruments in the ?new monetarist? approach, the alternative requires the coordination of monetary, fiscal and wage policies in order to achieve growth, high employment and price stability. The paper examines the opportunities for and the obstacles to macroeconomic co-ordination given by the institutional framework of the European Monetary Union.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesWSI-Diskussionspapiere 125en_US
dc.subject.jelE64en_US
dc.subject.jelE65en_US
dc.subject.jelE61en_US
dc.subject.jelE63en_US
dc.subject.ddc330en_US
dc.subject.keywordMacroeconomic policy co-ordinationen_US
dc.subject.keywordEuropean Monetary Unionen_US
dc.subject.keywordmonetary policyen_US
dc.subject.keywordfiscal policyen_US
dc.subject.keywordwages policyen_US
dc.subject.stwKonjunkturpolitiken_US
dc.subject.stwInternationale wirtschaftspolitische Koordinationen_US
dc.subject.stwEuropäische Wirtschafts- und Währungsunionen_US
dc.subject.stwGlobalsteuerungen_US
dc.subject.stwEU-Staatenen_US
dc.titleMacroeconomic co-ordination as an economic policy concept : opportunities and obstacles in the EMUen_US
dc.typeWorking Paperen_US
dc.identifier.ppn391044885en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
dc.identifier.repecRePEc:zbw:wsidps:125-
Appears in Collections:WSI-Diskussionspapiere, Wirtschafts- und Sozialwissenschaftliches Institut, Hans-Böckler-Stiftung

Files in This Item:
File Description SizeFormat
p_wsi_diskp_125.pdf531.92 kBAdobe PDF
No. of Downloads: Counter Stats
Show simple item record
Download bibliographical data as: BibTeX

Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.