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Euroland: New conditions for economic policy

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dc.creator Döpke, Jörg
dc.creator Gern, Klaus-Jürgen
dc.creator Gottschalk, Jan
dc.creator Langfeldt, Enno
dc.creator Scheide, Joachim
dc.creator Schlie, Markus
dc.creator Strauß, Hubert
dc.date 1998
dc.date.accessioned 2013-10-16T06:14:42Z
dc.date.available 2013-10-16T06:14:42Z
dc.date.issued 2013-10-16
dc.identifier urn:isbn:3894561750
dc.identifier http://hdl.handle.net/10419/1032
dc.identifier ppn:249963701
dc.identifier RePEc:zbw:ifwkdp:326
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/1032
dc.description The cyclical situation at the beginning of the European Monetary Union (EMU) is favorable: The upswing in Euroland has firmed, unemployment is going down, and inflation is low. However, economic growth outside the new currency area has weakened significantly during 1998, and fears are mounting that the crises in various regions of the world economy could endanger the current expansion in Euroland. Against this background, the significance of external conditions for the business cycle in Euroland — as well as the regional structure of exports — is analyzed. An important issue for an adequate design of economic policy is to what extent capacities in Euroland are currently utilized and whether cyclical unemployment is still significant. In addition, it is important to know whether the business cycles in the individual countries converge or not. In light of the findings from these analyses, the course of monetary, fiscal, and wage policy is evaluated in order to assess the outlook for Euroland until the end of 1999.
dc.language eng
dc.publisher Kiel Institute for the World Economy (IfW) Kiel
dc.relation Kiel discussion papers 326
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject ddc:330
dc.subject Europäische Wirtschafts- und Währungsunion
dc.subject Wirtschaftspolitik
dc.subject Konjunktur
dc.subject Natürliche Arbeitslosigkeit
dc.subject Konjunkturzusammenhang
dc.subject Geldpolitik
dc.subject Finanzpolitik
dc.subject Lohnpolitik
dc.subject EU-Staaten
dc.title Euroland: New conditions for economic policy
dc.type doc-type:workingPaper


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