Michael Carlberg

(Author)

Unemployment and Inflation in Economic Crises (2012)Hardcover - 2012, 1 February 2012

Unemployment and Inflation in Economic Crises (2012)
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Print Length
284 pages
Language
English
Publisher
Springer
Date Published
1 Feb 2012
ISBN-10
364228017X
ISBN-13
9783642280177

Description

This book studies unemployment and inflation in economic crises, first considering the scenario of a demand shock in Europe. In that case, monetary and fiscal interaction would cause widespread oscillations in European unemployment and European inflation. And what is more, there would be equally far-reaching fluctuations in the European money supply and European government purchases. These monetary and fiscal interactions would have no effects on the American economy. Second, it examines the scenario of a supply shock in Europe, in which monetary and fiscal interactions would have no effects on European unemployment or European inflation; there would also be an explosion of European government purchases and an implosion of the European money supply. Monetary and fiscal interactions would produce uniform oscillations in American unemployment and American inflation. Lastly, we would also see an implosion of both the American money supply and American government purchases.

Product Details

Author:
Michael Carlberg
Book Edition:
2012
Book Format:
Hardcover
Country of Origin:
NL
Date Published:
1 February 2012
Dimensions:
23.39 x 15.6 x 1.75 cm
Genre:
Economic
ISBN-10:
364228017X
ISBN-13:
9783642280177
Language:
English
Location:
Berlin, Heidelberg
Pages:
284
Publisher:
Weight:
589.67 gm

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