European Monetary Union and Exchange Rate Dynamics

New Approaches and Application to the Euro

Paul J.J. Welfens (Autor)

Buch | Hardcover

X, 161 Seiten

2000 | 1., 2001
Springer Berlin (Verlag)
978-3-540-67914-1 (ISBN)

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The creation of the European Central Bank and the Euro have brought new challenges to EU integration and economic policy. This book looks into issues of monetary and factor market policies. The analysis presents new theoretical and empirical research on the current decline of the Euro. Issues regarding exchange rate policies and international economic relations are also addressed.

Paul J. J. Welfens, geb. 1957 in Düren, Studium der Volkswirtschaftslehre in Wuppertal, Duisburg und Paris, Promotion 1985, Habilitation1989. Inhaber des Lehrstuhls für Volkswirtschaftslehre - Schwerpunkt Makroökonomische Theorie und Politik an der Bergischen Universität Wuppertal; Präsident des Europäischen Instituts für Internationale Wirtschaftsbeziehungen (EIIW); Jean-Monnet-Professor für Europäische Wirtschaftsintegration; zuvor Distinguished Research Fellow am AICGS/The Johns Hopkins University, Professor an der Universität Münster bzw. Potsdam, Visiting Alfred Grosser Professor Sciences Po, Paris.

European Monetary Union: Start of the Euro and the Need for Complementary Measures in Euroland: Introduction.- The Single Market, Growth Perspectives and Welfare Effects of the Euro.- Price Competition, Real Interest Rates and Investment under EMU.- Transmission Channels of Monetary Policy.- EMU, Capital Markets and Growth of New Firms.- Relative Prices, Factor Rewards and Real Convergence.- Labor Markets, Mobility and Unemployment.- Implications for Economic Policies and Budget Consolidation.- Looming EU Protectionism?.- Real Exchange Rate Aspects.- Summary and Conclusions.- Appendix A.- Modern Exchange Rate Theory and Schumpetrian Economic Analysis: New Approach and Application to the Euro: Introduction.- Exchange Rate Analysis in the Short and Long Run: A New Approach.- Conclusions.- Appendix B.- Exchange Rate Policy for the Euro: Theory, Strategic Issues and Policy Options: Introduction.- Exchange Rate Regimes and Exchange Rate Policies.- The EMS Mark II.- Summary and Conclusions.- Appendix C.

Sprache	englisch
Maße	155 x 235 mm
Gewicht	370 g
Einbandart	gebunden
Themenwelt	Wirtschaft ► Betriebswirtschaft / Management ► Marketing / Vertrieb
Schlagworte	EMU • Euro • Europäische Integration • Europäische Währungsunion • Europäische Währungsunion / Euroland • Europäische Zentralbank • european central bank • European Integration • European Monetary Union • Euro (Währung) • EWU • Exchange Rate Dynamics • Exchange rates • Wechselkurs • Wechselkursdynamik • Wechselkurse
ISBN-10	3-540-67914-6 / 3540679146
ISBN-13	978-3-540-67914-1 / 9783540679141
Zustand	Neuware