Paul De Grauwe Bücher

With the launch of the Euro, Europe's monetary landscape has changed fundamentally. Now in its fourth edition, this well-established textbook on monetary integration has been significantly rewritten to take account of these changes. New issues include: Monetary policies in Euroland in the presence of asymmetric shocks The mechanics of open market operations in Euroland Is the Eurosystem too decentralized? The Target Payments system Problems of bank supervision and control in Euroland The future of the euro in the international financial system Will the euro be a strong currency? Financial and banking integration in Euroland. This latest edition has been produced in a larger format, with clear figures and tables packed with relevant international data. Chapter conclusions provide a clear summary of each topic under discussion. Paul De Grauwe's lucid and balanced analysis continues to provide a clear account of all the crucial issues surrounding monetary union for undergraduate students of monetary economics and European studies.

The level and depth at which the text is written is excellent. It combines theoretical rigour with accessibility. The only book on the Economics of EMU worth buying, reading and recommending to students. Robert Ackrill, Nottingham Trent University

Paul De Grauwe examines why a healthy mix of market and state seems so difficult and analyses the internal and external limits of the market and the government, and the swing between these two points.

Focusing on exchange rate economics and monetary integration, this work by Paul De Grauwe presents innovative theoretical and empirical methods for modeling exchange rates. It is divided into three parts: the first explores new approaches to exchange rate modeling, the second compiles research on monetary unions, particularly in the Eurozone, and the third critiques mainstream macroeconomic models while suggesting alternative frameworks. Drawing from behavioral finance, the book offers a comprehensive analysis of international macroeconomics.