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on the effects of trade on welfare net of lower fiscal transfers to the EU. We use a standard quantitative static general …
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Monetary policy communication is particularly important during unconventional times, because high uncertainty about the economy, the introduction of new policy tools and possible limits to the central bank's toolkit could hamper the predictability of policy actions. We study how monetary policy...
Persistent link: https://www.econbiz.de/10011755761
In the wake of the Irish no-vote on the Treaty of Lisbon, numerous scenarios are currently being debated. This paper critically assesses the legality and political feasibility of the principal proposals and then puts forward an alternative 'Plan B', which the authors believe would amply satisfy...
Persistent link: https://www.econbiz.de/10014210930