giovedì 11 aprile 2019

In due Bocconi, video & presentazione


Ecco il video dell'incontro in Bocconi, pubblico numeroso e attento, chapeau.
https://www.facebook.com/EcodelBunker/videos/853128048368872/?permPage=1








Presentazione

 The European Economic Constitution (the facto, I am not concerned with the legal aspects)
        Traditional targets of economic policy: full employment and price stability (and the equilibrium of the balance of payments)
        Traditional (macroeconomic) instruments: monetary policy, fiscal policy (and exchange rate policy)
        Assignment of instruments to objectives in the European economic and monetary union (EMU)
        Monetary policy (independent CB) à price stability
        Fiscal policy à neutral (or restrictive bias)
        National reforms/competition à full employment