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Chapter 1: The European Economy: Macroeconomic Outlook and Policy

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  • Lars Calmfors
  • Giancarlo Corsetti
  • Michael P. Devereux
  • Gilles Saint-Paul
  • Hans-Werner Sinn
  • Jan-Egbert Sturm
  • Xavier Vives

Abstract

This chapter presents the macroeconomic forecast and analyses monetary and fiscal policy in Europe. Because of the uncertainty about macroeconomic developments in the US and how they will be transmitted to the rest of the world as well as the uncertainty about how decoupled growth in emerging economies has become from the US cycle, a global perspective is more relevant than ever.

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File URL: http://www.cesifo-group.de/portal/page/portal/DocBase_Content/ZS/ZS-EEAG_Report/zs-eeag-2008/eeag_report_chap1_2008.pdf
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Bibliographic Info

Article provided by CESifo Group Munich in its journal EEAG Report on the European Economy.

Volume (Year): (2008)
Issue (Month): (02)
Pages: 13-60

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Handle: RePEc:ces:eeagre:v::y:2008:i::p:13-60

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