Macro-economic implications of 1992
Author: Wyplosz, Charles INSEAD Area: Economics and Political Science In: European banking in the 1990s - Dermine, Jean - 1990 - INSEAD Book Language: EnglishDescription: p. 405-430.Type of document: INSEAD ChapterNote: Please ask us for this itemAbstract: The structural gains expected from 1992, if as significant as expected,will affect the European macroeconomy in more than one way. First, during a transition period,,some adverse effects may be front loaded: this concerns unemployment, regional inequities, heightened overall uncertainty. Second, over the longer run, more intense interactions will appear in the operation of both monetary and fiscal policies. These effects are surveyed and a number of policy proposals are offeredItem type | Current location | Collection | Call number | Status | Date due | Barcode | Item holds |
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The structural gains expected from 1992, if as significant as expected,will affect the European macroeconomy in more than one way. First, during a transition period,,some adverse effects may be front loaded: this concerns unemployment, regional inequities, heightened overall uncertainty. Second, over the longer run, more intense interactions will appear in the operation of both monetary and fiscal policies. These effects are surveyed and a number of policy proposals are offered
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