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Monetary Policy and Unemployment
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Monetary Policy and Unemployment book
Monetary Policy and Unemployment
DOI link for Monetary Policy and Unemployment
Monetary Policy and Unemployment book
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ABSTRACT
This book pulls together papers presented at a conference in honour of the 1981 Nobel Prize Winner for Economic Science, the late James Tobin. Among the contributors are Olivier Blanchard, Edmund Phelps, Charles Goodhart and Marco Buti.
One of the main aims of the conference was to discuss what potential role monetary policy has on economic activity and unemployment reduction in three key currency zones - the United States, European Union and Japan.
TABLE OF CONTENTS
chapter 1|5 pages
Introduction
part |2 pages
Labor market institutions and unemployment in Europe: a comment on
chapter 2|6 pages
Monetary policy and unemployment
chapter 3|4 pages
Some notes on monetary policy and unemployment
chapter 4|3 pages
The long stagnation of the Japanese economy during the 1990s and macroeconomic policies
part |2 pages
Part II Labor market institutions and unemployment
chapter 5|33 pages
The role of shocks and institutions in the rise of European unemployment: The aggregate evidence
chapter 6|7 pages
Labor market institutions and unemployment in Europe: A comment on Blanchard and Wolfers
part |2 pages
Part III Structuralist causes of unemployment and monetary policy
chapter 8|27 pages
The structuralist perspective on real exchange rate, share price level, and employment path: What room is left for money?
chapter 10|40 pages
Monetary policy, the labor market, and pegged exchange rates: A study of the German economy
part |2 pages
Part IV Monetary policy rules, fiscal policy, and unemployment