Inflation and Unemployment in Monetary Union

Introduction 1. Subject and Approach 2. The Monetary Union as a Whole. 3. The Monetary Union of Two Countries 3.1. Monetary Policy in Europe 3.2. Fiscal Policies in Germany and France 3.3. Central Bank and Governments Decide Sequentially 3.4. Central Bank and Governments Cooperate 3.5. Central Bank and Governments Differ in Loss Function Part One. The Rate of Inflation Chapter 1. Monetary Policy in Europe 1. The Model 2. Some Numerical Examples Chapter 2. Fiscal Policies in Germany and France 1. The Model 2. A Numerical Example Chapter 3. Central Bank and Governments Decide Sequentially 1. The Dynamic Model 2. Some Numerical Examples. Chapter 4. Central Bank and Governments Cooperate 1. The Model 2. Some Numerical Examples Chapter 5. The Countries Differ in Size Chapter 6. The Countries Differ in Behaviour Chapter 7. The Monetary Union of Three Countries Part Two. The Rate of Unemployment 1. The Model 2. Some Numerical Examples Chapter 2. Fiscal Policies in Germany and France 1. The Model. 2. A Numerical Example Chapter 3. Central Bank and Governments Decide Sequentially 1. The Dynamic Model Chapter 2. Some Numerical Examples 1. Weight of Inflation in Loss Function is 0.5 2. Weight of Inflation in Loss Function is 0.75 3. Weight of Inflation in Loss Function is 1 Part Three. Inflation and Unemployment: The Model of Inflation and Unemployment The Monetary Union of Two Countries. Chapter 1. Monetary Policy in Europe 1. The Model of Inflation and Unemployment 2. The Loss Function of the European Central Bank. 3. The Policy Model 4. Another Version of the Policy Model 5. Some Numerical Examples Chapter 2. Fiscal Policies in Germany and France 1. The Model of Inflation and Unemployment 2. The Loss Functions of National Governments 3. The Policy Model 4. Another Version of the Policy Model 5. Some Numerical Examples Chapter 3. Central Bank and Governments Decide Sequentially 1. The Dynamic Model 2. Some Numerical Examples Chapter 4. Central Bank and Governments Cooperate 1. The Model of Inflation and Unemployment 3. The Policy Model. 4. Another Version of the Policy Model. 5. Some Numerical Examples Chapter 5. Central Bank and Governments Differ in Loss Function 1. The Dynamic Model 2. Some Numerical Examples Part Four. Inflation and Unemployment: Appendix: Some Basic Models 1. Monetary Policy in Europe 2. Fiscal Policies in Germany and France 3.Central Bank and Governments Decide Sequentially 4. Central Bank and Governments Cooperate Conclusion 1. The Monetary Union as a Whole 2. The Monetary Union of Two Countries 2.1. Monetary Policy in Europe 2.2. Fiscal Policies in Germany and France 2.3. Central Bank and Governments Decide Sequentially 2.4. Central Bank and Governments Cooperate 2.5. Central Bank and Governments Differ in Loss Function Result 1. Monetary Policy in Europe 3. Central Bank and Governments Decide Sequentially 4. Central Bank and Governments Cooperate