This paper argues the euro zone crisis is the product of a toxic neoliberal economic policy cocktail. The mixing of … produced by creation of the euro. The latter prompted a ten year credit and asset price bubble that created fictitious … build-ups of debt. Additionally, the creation of the euro ensconced a flawed monetary system that fosters public debt crisis …

The financial and economic crisis in the Euro area has revealed a number of important flaws in the economic policy … euro, are not sustainable; and this is more serious in a period of crisis in particular. On the other hand, it has become … clear that the Euro area suffers from a serious lack of institutions and policy concepts, which will not allow coping with …

attribute these mixed estimation results to a raft of empirical issues from which many existing studies suffer, including bias … the operation of a Taylor-type rule, albeit with considerable inertia. We argue that estimation across rolling windows may … estimation provides substantial evidence that the inflation and output preferences of the Fed have varied through time …

The topic of this paper is the estimation uncertainty of the Stock-Watsonand Gonzalo-Granger permanent …