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Coming at a critical juncture for the euro, the book takes stock of the ECB's experience during its first ten years and discusses the way ahead. The articles are written by well-known experts in the field and provide the reader with a comprehensive overview of relevant policy issues, including the ECB's communication and its monetary strategy and instruments.

International relations. Foreign policy --- Politics --- Macroeconomics --- Literature --- literatuur --- politiek --- macro-economie --- Europese eenmaking --- Europe --- Banks and banking, Central --- Eurozone --- Monetary policy --- 332.11094 --- 334.151.1 --- 334.151.21 --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- Euro area --- Euro zone --- Monetary unions --- EG : economisch en monetair beleid --- Europese centrale bank. ESCB. Centrale banken --- European Central Bank. --- ECB --- Banque centrale européenne --- BCE --- Banco Central Europeo --- Banca centrale europea --- Europäische Zentralbank --- EZB --- Európska centrálna banka --- European Union countries --- Economic conditions. --- E-books

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Are immigrants from the new EU member states a threat to the Western welfare state? Do they take jobs away from the natives? And will the source countries suffer from severe brain drain or demographic instability? In a timely and unprecedented contribution, this book integrates what is known about post-enlargement migration and its effects on EU labor markets. Based on rigorous analysis and hard data, it makes a convincing case that there is no evidence that the post-enlargement labor migrants would on aggregate displace native workers or lower their wages, or that they would be more dependent on welfare. While brain drain may be a concern in the source countries, the anticipated brain circulation between EU member states may in fact help to solve their demographic and economic problems, and improve the allocative efficiency in the EU. The lesson is clear: free migration is a solution rather than a foe for labor market woes and cash-strapped social security systems in the EU.

Economics/Management Science. --- Labor Economics. --- European Integration. --- Social Policy. --- Economics. --- Europe --- Labor economics. --- Social policy. --- Economie politique --- Economie du travail --- Politique sociale --- Economic policy. --- #SBIB:314H270 --- #SBIB:316.334.2A320 --- 312.1 --- 332.602.2 --- 332.691 --- 334.151.54 --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- EEU / Central & Eastern Europe --- Labor market --- -Migration, Internal --- -Foreign workers --- -Labor mobility --- -331.12094 --- Mobility, Labor --- Migration, Internal --- Labor supply --- Labor turnover --- Alien labor --- Aliens --- Foreign labor --- Guest workers --- Guestworkers --- Immigrant labor --- Immigrant workers --- Migrant labor (Foreign workers) --- Migrant workers (Foreign workers) --- Employees --- Internal migration --- Mobility --- Population geography --- Internal migrants --- Market, Labor --- Supply and demand for labor --- Markets --- Demografie en economische interrelaties: algemeen --- Arbeidssociologie: morfologie van de arbeidsmarkt --- Immigratie. --- Buitenlandse arbeidskrachten. --- Evolutie van de arbeidsmarkt. --- Werkgelegenheid en werkloosheid in de Europese Gemeenschappen. --- Economic aspects --- -Employment --- Supply and demand --- European Union countries --- -EU countries --- Euroland --- Emigration and immigration --- -Economic aspects --- -European Union countries --- -Emigration and immigration --- Immigratie --- Buitenlandse arbeidskrachten --- Evolutie van de arbeidsmarkt --- Werkgelegenheid en werkloosheid in de Europese Gemeenschappen --- Noncitizen labor --- Noncitizens

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Should we be troubled by rising income inequality? Does the Financial Crisis oblige us to consider how much inequality is desirable? The United States and many European countries have seen shifts in public attitudes toward a widening gap between the rich and poor. Will income inequality return to the political agenda? In thirteen candid interviews, distinguished business, political and labor leaders discuss the "inequality puzzle" and what should be done. "In the current socio-economic environment, there seems to be a broad consensus that the present degree of inequality is too high, less in terms of wealth, than in terms of compensation. This certainly holds true for the United States, but also to a lesser degree for Europe." Josef Ackermann, CEO & Chairman, Deutsche Bank "So anybody who says that inequality isn't a big issue for the effective functioning of a society, is simply ignorant of the record of humanity. It's a huge issue." Fred Smith, Chairman, President & CEO, FedEx Features interviews with -Josef Ackermann, CEO & Chairman, Deutsche Bank -Bertrand Collomb, Honorary Chairman, Lafarge -Gabriele Galateri di Genola, Chairman, Telecom Italia -Jürgen Hambrecht, Chairman, BASF -Maurice Lévy, Chairman & CEO, Publicis -John Monks, General Secretary, European Trade Union Confederation -Sir Mark Moody-Stuart, Former Chairman, Anglo American; Former Chairman, Shell -Poul Nyrup Rasmussen, President, Party of European Socialists; Former Prime Minister, Denmark -Fred Smith, Chairman, President, & CEO, FedEx -John Sweeney, President Emeritus, AFL-CIO -William Weld, Partner, McDermott Will & Emery LLP; Former Governor, Massachusetts -James Wolfensohn, Chairman & CEO, Wolfensohn & Co.; Former President, World Bank -Jerry Yang, Co-Founder & Chief Yahoo, Yahoo! Analytical chapters and recommendations -Roland Berger, Founder, Roland Berger Foundation -David B. Grusky, Director, Stanford Center for the Study of Poverty & Inequality -Christopher Wimer, Associate Director, Collaboration for Poverty Research, Stanford Center for the Study of Poverty & Inequality

Social Sciences. --- Social Sciences, general. --- Economic Policy. --- Public Finance & Economics. --- Social sciences. --- Economic policy. --- Finance. --- Sciences sociales --- Politique économique --- Finances --- AA / International- internationaal --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- US / United States of America - USA - Verenigde Staten - Etats Unis --- 339.21 --- 313 --- Ongelijkheid en herverdeling van vermogens en inkomens. Inkomensbeleid. --- Levenswijze en levensstandaard. Levensminimum. sociale indicatoren (Studiën). --- Income distribution --- Distribution of income --- Income inequality --- Inequality of income --- Distribution (Economic theory) --- Disposable income --- Levenswijze en levensstandaard. Levensminimum. sociale indicatoren (Studiën) --- Ongelijkheid en herverdeling van vermogens en inkomens. Inkomensbeleid

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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. This book develops a series of basic, intermediate, and more advanced models. Here the focus is on the Nash equilibrium. The key questions are: Given a shock, can policy interactions reduce the existing loss? And to what extent can they do so? Another topical issue is policy cooperation. To illustrate all of this there are a lot of numerical examples.

Economics/Management Science. --- Macroeconomics/Monetary Economics. --- International Economics. --- Economic Policy. --- Economics. --- Economic policy. --- International economics. --- Macroeconomics. --- Economie politique --- Politique économique --- Macroéconomie --- Monetary policy. --- Fiscal policy. --- Globalization --- International economic relations. --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Tax policy --- Taxation --- Finance, Public --- Monetary management --- Currency boards --- Money supply --- Economic aspects. --- Government policy --- E-books --- AA / International- internationaal --- EEC / European Union - EU -Europese Unie - Union Européenne - UE --- US / United States of America - USA - Verenigde Staten - Etats Unis --- 333.820 --- 333.846.0 --- 336.401 --- 336.61 --- 331.31 --- 331.060 --- Monetary policy --- Fiscal policy --- -International economic relations --- 339.5 --- Global cities --- Globalisation --- Internationalization --- Anti-globalization movement --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden. --- Verband tussen het monetair, bank- en kredietbeleid en de economische ontwikkeling: algemeenheden. --- Verband tussen begrotingspolitiek en economische evolutie. --- Financieel beleid. --- Economisch beleid. --- Beïnvloeding van de economische bewegingen: algemeenheden. --- Economic aspects --- International economic relations --- Geldbeleid, bankbeleid en kredietbeleid: algemeenheden --- Verband tussen het monetair, bank- en kredietbeleid en de economische ontwikkeling: algemeenheden --- Verband tussen begrotingspolitiek en economische evolutie --- Financieel beleid --- Economisch beleid --- Beïnvloeding van de economische bewegingen: algemeenheden