International Economic Policy Coordination

Focusing on the interplay between monetary and fiscal policies, this book examines the competitive and cooperative dynamics between Europe and America. It highlights the negative spillover effects of monetary policy contrasted with the positive effects of fiscal policy, aiming for price stability and full employment. The work explores different strategies employed by policymakers and the adaptive or rational nature of their expectations. As part of a broader research initiative on European Monetary Union, it also references various academic presentations and workshops.