Policy Competition and Policy Cooperation in a Monetary Union

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The book explores the significant impact of European monetary unification on international monetary systems, challenging traditional economic models like the Mundell Fleming framework. It investigates how this shift affects central banks, governments, and labor unions, altering the dynamics of output and pricing in Germany and France. The research is part of a broader project on monetary union and has been presented at various prestigious economic conferences and published in notable journals, highlighting its academic relevance and the intriguing new avenues for economic research it opens.