Monetary and Fiscal Policies in the Euro Area

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Examining the interplay between monetary and fiscal policies in the euro area, this book delves into the dynamics of policy competition and cooperation among key institutions like the European Central Bank and major European governments. It highlights the objectives of price stability and full employment, exploring various strategies employed by policymakers. Unique features include numerical simulations and solutions that enrich the analysis. The work is part of a broader research initiative on European Monetary Union, with findings presented at numerous prestigious economic conferences.