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Introduction | 1 | |
Pt. 1 | The Small Monetary Union of Two Countries | 15 |
Ch. 1 | The Basic Model | 16 |
Ch. 2 | Monetary Policy in the Union | 23 |
Ch. 3 | Fiscal Competition between Germany and France | 27 |
Ch. 4 | Fiscal Cooperation between Germany and France | 39 |
Ch. 5 | Competition between the Union Central Bank, the German Government, and the French Government | 44 |
Ch. 6 | Cooperation between the Union Central Bank, the German Government, and the French Government | 53 |
Ch. 7 | Competition between the German Labour Union and the French Labour Union | 60 |
Ch. 8 | Cooperation between the German Labour Union and the French Labour Union | 69 |
Ch. 9 | Competition between the Central Bank, the German Labour Union, and the French Labour Union | 74 |
Ch. 10 | Cooperation between the Central Bank, the German Labour Union, and the French Labour Union | 81 |
Ch. 11 | Inflation in Germany and France | 88 |
Pt. 2 | The World of Two Monetary Regions | 97 |
Ch. 1 | The Basic Model | 98 |
Ch. 2 | Monetary Competition between Europe and America | 111 |
Ch. 3 | Monetary Cooperation between Europe and America | 124 |
Ch. 4 | Fiscal Competition between Europe and America | 131 |
Ch. 5 | Fiscal Cooperation between Europe and America | 143 |
Pt. 3 | The Large Monetary Union of Two Countries | 149 |
Ch. 1 | The Basic Model | 150 |
Ch. 2 | Fiscal Competition between Germany and France | 159 |
Ch. 3 | Fiscal Cooperation between Germany and France | 169 |
Ch. 4 | Competition between the European Central Bank, the German Government, and the French Government | 175 |
Ch. 5 | Cooperation between the European Central Bank, the German Government, and the French Government | 184 |
Pt. 4 | Rational Policy Expectations | 191 |
Ch. 1 | The Small Monetary Union of Two Countries | 192 |
Ch. 2 | The World of Two Monetary Regions | 196 |
Ch. 3 | The Large Monetary Union of Two Countries | 203 |
Synopsis | 209 | |
Conclusion | 213 | |
Result | 245 | |
Symbols | 253 | |
A Brief Survey of the Literature | 255 | |
References | 259 | |
Index | 271 |
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