Macroeconomic Policy and Economic Interdependence

Front Matter....Pages i-xx
Front Matter....Pages 1-1
Recent Evolution of Financial Structures and Monetary Policy in France....Pages 3-61
Italian Monetary and Foreign Exchange Policy....Pages 62-86
Fiscal Deficits, Interest Rates and Monetary Policy in West Germany....Pages 87-108
Prices and Price Controls: Are Price Controls a Policy Instrument?....Pages 109-138
Front Matter....Pages 139-139
US Fiscal Deficits and the Foreign Exchange Value of the US Dollar....Pages 141-157
Policy Interdependence: Does Strategic Behaviour Pay? An Empirical Investigation Using the Liverpool World Model....Pages 158-179
The Role of Exchange Rate Movements in Transmitting International Disturbances....Pages 180-213
Front Matter....Pages 215-215
International Co-operation of Monetary Policies and Confrontation of Commercial and Financial Policies: An Application to US-EC Relations and to Problems of the European Monetary System....Pages 217-249
Real Exchange Rates: Definition, Measurement, and Trends in France, West Germany, Italy and the United Kingdom....Pages 250-271
The Effects of Economic Convergence and Competitiveness on Trade among the EMS Countries....Pages 272-326
Back Matter....Pages 327-331