МАКРОЕКОНОМіЧНИЙ АНАЛіЗ ФіНАНСОВОї КРИЗИ: ЧИ МАє ЗНАЧЕННЯ ВАЛЮТНИЙ СОЮЗ?

Carmona-gonzález N. and Carmen Diaz-Roldan
Additional contact information
Carmona-gonzález N.: Universidad Francisco de Vitoria

Bulletin of Taras Shevchenko National University of Kyiv. Economics. Вісник Киiвського нацiонального унiверситету iм. Тараса Шевченка. Серiя: Економiка, 2012, issue 140, 14-17

Abstract: The recent experience after the financial crisis has led to some debate on the role of economic policies; in particular, the im plications of monetary policy regimes. However, at a theoretic analysis level, open-economy models only show the two polar cases of flexible and fixed exchange rates, while monetary unions are not properly described. In this paper, we will analyze how economic policies responses have contributed to offset the decline of GDP growth after a financial shock. Our main contribution will be to extend the standard approach providing a macroeconomic model that describes a monetary union.

Keywords: ФіНАНСОВА КРИЗА; ЕКОНОМіЧНА ПОЛіТИКА; ВАЛЮТНі СОЮЗИ; ФИНАНСОВЫЙ КРИЗИС; ЭКОНОМИЧЕСКАЯ ПОЛИТИКА; ВАЛЮТНЫЕ СОЮЗЫ (search for similar items in EconPapers)
Date: 2012
References: Add references at CitEc
Citations:

Downloads: (external link)
http://cyberleninka.ru/article/n/makroekonomichniy ... nnya-valyutniy-soyuz

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:scn:013723:15577695

Access Statistics for this article

More articles in Bulletin of Taras Shevchenko National University of Kyiv. Economics. Вісник Киiвського нацiонального унiверситету iм. Тараса Шевченка. Серiя: Економiка from CyberLeninka, Издательско-полиграфический центр «Киевский университет»
Bibliographic data for series maintained by CyberLeninka ().