Monetary Economics in Globalised Financial Markets

This book integrates the fundamentals of monetary theory, monetary policy theory and financial market theory, providing an accessible and comprehensive introduction to the many-sided interrelations between these fields of research. It provides the reader with the intellectual groundwork indispensable for understanding the workings and interactions of today’s globalised financial markets.

Monetary and Fiscal Strategies in the World Economy

This book studies the strategic interactions between monetary and fiscal policies in the world economy. The world economy consists of two regions, say
Europe and America. The policy makers are the central banks and the governments. The policy targets are low inflation, low unemployment, and low
structural deficits. There are demand shocks, supply shocks, and mixed shocks. There are regional shocks and common shocks.