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Title Details:
Topics in Macroeconomic Analysis and Policy
Authors: Zervoyianni, Athina
Subject: LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > MACROECONOMICS AND MONETARY ECONOMICS
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > GENERAL ECONOMICS AND TEACHING > GENERAL ECONOMICS
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > LABOUR AND DEMOGRAPHIC ECONOMICS
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > PUBLIC ECONOMICS
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > INTERNATIONAL ECONOMICS
LAW AND SOCIAL SCIENCES > POLITICAL SCIENCES > FOREIGN POLICY > FOREIGN POLICY > EUROPEAN POLICY
LAW AND SOCIAL SCIENCES > ECONOMIC SCIENCES > ECONOMIC DEVELOPMENT, TECHNOLOGICAL CHANGE, AND GROWTH
Keywords:
Key macroeconomic variables
Macroeconomic objectives
Problems of achieving objectives
Tools of macroeconomic analysis
Economic policy approaches
Employment and unemployment
Models of the labour market
Collective bargaining
Technological change and jobs
Labour market policies
Growth accounting
Income convergence
Models of economic growth
Global income distribution
Growth policies
Fiscal policy
Budget deficits
Public debt sustainability
Fiscal space
Fiscal rules and fiscal councils
Political business cycles
Monetary policy
Money supply aggregates
Short-term interest rates
Quantitative easing (QE)
Dynamic inconsistency of monetary policy
Inflationary bias
Central bank independence
Central bank transparency
International economy
Trade and capital flows
Exchange rates
The international monetary trilemma
The puzzle of PPP
Macroeconomic interdependence
Economic policy games
Economic integration
European Union
Costs/benefits of participating in a currency union
Monetary policy in a single currency regime
Fiscal policy in the context of monetary unions
European cohesion policy
Strategy "Europe 2030"
Short-term economic fluctuations
Business cycle
Dynamic adjustment
Description:
Abstract:
This book seeks to bridge the gap between the theoretical macroeconomic literature, the empirical data, and the actions/interventions by policy makers, aiming to make undergraduate/postgraduate students, lecturers/researchers and all those who have developed an interest in issues of macroeconomic analysis to better understand macroeconomic dilemmas and economic policy decision-making. Through the subject matter of the book, readers will become familiar with the main issues of concern in contemporary macroeconomic research, such as the functioning of the labour market and the importance of employment policies, the sources and measurement of economic growth and the policies by which it can be promoted, the different approaches to fiscal policy and the problem of public debt sustainability, the issue of inflationary bias and the arguments for and against central bank independence, the challenges of international macroeconomic interdependence and how these can be studied as policy games with leader and follower countries, the macroeconomic problems in the context of a union of states such as the EU, and issues of short-term economic fluctuations and medium-term adjustment. In addition, periods of "crisis" such as the oil crisis of the 1970s, the global financial crisis of 2008-2010, and the economic crisis due to the Covid-19 pandemic, are discussed and analyzed. The book consists of eight chapters, which are self-contained, and no prior knowledge is necessary to understand them. Each chapter includes a discussion of key concepts, an exploration of relevant data, an examination of macroeconomic models/theories, a presentation of empirical results, and a discussion of economic policy proposals/ recommendations.
Linguistic Editors: Iordanidou, Dossy
Graphic Editors: Kollia, Zoe
Type: Undergraduate textbook
Creation Date: 26-06-2024
Item Details:
ISBN 978-618-228-263-2
License: Attribution – NonCommercial – NoDerivatives 4.0 International (CC BY-NC-ND 4.0)
DOI http://dx.doi.org/10.57713/kallipos-1008
Handle http://hdl.handle.net/11419/13614
Bibliographic Reference: Zervoyianni, A. (2024). Topics in Macroeconomic Analysis and Policy [Undergraduate textbook]. Kallipos, Open Academic Editions. https://dx.doi.org/10.57713/kallipos-1008
Language: Greek
Consists of:
1. Macroeconomic Analysis - An Introduction
2. Labour Market Issues
3. Economic Growth Issues
4. Fiscal Policy Issues
5. Monetary Policy Issues
6. International Macroeconomics and Open Economy Issues
7. European Union and Economic Integration Issues
8. The Economy in the Short and Medium run - Cyclical Fluctuations and Periods of Economic Crisis
Number of pages 433
Publication Origin: Kallipos, Open Academic Editions
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