Search Results - subject:"current account imbalances"

Inter-Temporal Savings, Current Account Dynamics and Asymmetric Shocks in a Heterogeneous European Monetary Union

Schnabl, Gunther; Zemanek, Holger - Verein für Socialpolitik - VfS - 2011

account imbalances have gained rising attention. Whereas Greece and Ireland struggle for austerity in private and public … origin of the 1992/93 crisis of the European Monetary System, but also for the rising intra-European current account …In the current debate on the reasons and implications of the Greek and Irish euro crisis, the intra-European current …

Persistent link: https://www.econbiz.de/10010957294

Current account imbalances in the euro area: Catching up or competitiveness?

Belke, Ansgar; Dreger, Christian - Verein für Socialpolitik - VfS - 2011

In the debate on global imbalances, the euro area countries did not receive much attention so far. While the current account is on balance for the entire area, divergences between individual member states have increased since the introduction of the common currency. In this paper, the imbalances...

Persistent link: https://www.econbiz.de/10010957301