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Analyze the role of fiscal-monetary policy interactions and fiscal coordination in EMU under the assumption of strategic wage setting in unionized labour markets.
Find that production subsidies and real wage distortions are strategic complements.
The literature on macroeconomic stabilisation policies and policy games usually neglects this point and reaches overoptimistic conclusions about the desirable effects of accommodating fiscal policies.
Find that fiscal coordination improves outcomes in the case of a conservative central banker, whereas it leads to worse outcomes with a populist one.
Use the model of aggregate demand and aggregate supply to illustrate the initial equilibrium on a clearly labled graph. Label the equilibrium point A. be sure to include the short-run and long-run aggregate supply. The central bank raises the money s..
What is the gross demand for consumption by a ICIW tribe member for pineapples in period 1? In period 2? For a GHN tribe member in period 1? In period 2?
what less conventional monetary policy tools might a central bank use to stimulate the economy How do these tools work In what way is central banking in the euro-zone area different from or similar to the Federal Reserve System
While Jon is walking to school one morning, a helicopter flying overhead drops a $100 bill. Not knowing how to return it, Jon keeps the money and deposits it in his bank. (No one in this economy holds currency.) If the bank keeps 5 percent of its mon..
The financial crisis of 2008 caused macroeconomists to rethink monetary and fiscal policies-Economists-financial experts-and government policy makers are victims of what former Fed chairman Alan Greenspan called a-once in a century credit tsunami-..
Carl is deciding whether or not to make a farm. If he makes a farm, he will earn a $50,000 grant from the government. For every 100 head of cattle that he increase and sells.
Solve this as an integer programming (IP) problem, where the objective is to maximize total expected return from these projects. Assume that each project is either funded (1) or not funded (0).
Think about an extension of the specific-factors model, in which, in addition to their wage, labour also earns some part of the rental on specific factor in their industry,
Capital equipment and medical technology - Equity of financing system
what are the different types of unemployment? how do they affect the economy in terms of growth labor force and price
Software applications for the administration, documentation, tracking, and reporting of training programs, classroom and online events, e-learning programs and training content best describes Choose one answer. a. visual performance systems. b...
How much profit will the firm earn?
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