Europe 1992: Macroeconomic Implications
本章分析了1992年欧洲一体化政策（如取消边境管制、开放公共采购、资本自由流动和促进竞争）对宏观经济的潜在影响，并介绍了两种评估效益的方法：一般均衡模型和中期宏观经济模型。
Publisher Summary This chapter explains the macroeconomics implications of Europe in 1992. Four broad categories of policy measures are expected to generate beneficial effects. The first is removal of border controls. The second is EC-wide access to public procurement. The third is full capital mobility both for asset holders and for suppliers of financial services, and the fourth is measures to encourage increased competition and scale economies. There are two ways to conceptualize and possibly measure the benefits of Europe 1992. One is to use a general equilibrium model of production to assess the impact of the policy measures on potential output and its growth, assuming that the economy is always at full employment. The other is to evaluate the benefits in terms of a medium-term macroeconomic model where demand factors are critical.