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Euroland: recovery will slowly gain momentum : [this report was completed on March 6, 2003, and prepared for the 67th Kieler Konjunkturgespräch (March 17/18, 2003)]

Gern, Klaus-Jürgen; Kamps, Christophe; Meier, … - 2003

Persistent link: https://www.econbiz.de/10001749225

Finanz- und Wirtschaftspolitik bei einer anhaltenden monetären Expansion

Kooths, Stefan; Schwarzmüller, Tim; Scheide, Joachim; … - 2014

In Reaktion auf die Finanzkrise hat das Eurosystem seine Geldpolitik massiv gelockert. So hat die Europäische Zentralbank (EZB) nicht nur den maßgeblichen Leitzins deutlich gesenkt, sondern auch mit außergewöhnlichen liquiditätspolitischen Maßnahmen den Geschäftsbanken unbegrenzt...

Persistent link: https://www.econbiz.de/10010343472

Quality competition versus price competition goods: An empirical classification

Baldwin, Richard E.; Ito, Tadashi - 2008

(QHFT) model, we classify export goods (at the HS 6-digit level of disaggregation) by quality and price competition. We find … a high proportions of quality-competition goods for the major EU countries and lower proportions for Canada, Australia … and China. However, the overlap of these quality-competition goods is not large, which suggests that characteristics of …

Persistent link: https://www.econbiz.de/10010316749

Strong exports and low interest rates drive Euroland's economy

Gern, Klaus-Jürgen; Meier, Carsten-Patrick; Scheide, … - 1999

In the fall of 1999, the recovery in Euroland is back on track. The turnaround was caused by the improvement in the world economy. After exports had been depressed in the past winter due to the weak demand in the crisis countries particularly in Asia, the impulses from abroad have picked up...

Persistent link: https://www.econbiz.de/10010294960

Quo vadis, Euroland?

Döpke, Jörg; Gern, Klaus-Jürgen; Langfeldt, Enno; … - 1998

Stage Three of the European Monetary Union (EMU) will start on January 1, 1999. The new currency area, for which the name "Euroland" has been coined, will comprise 11 countries: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg, the Netherlands, Portugal, and Spain. The...

Persistent link: https://www.econbiz.de/10010294965

Before EMU starts: economic policy stimulates recovery in Europe

Scheide, Joachim; Solveen, Ralph - 1997

The decision on EMU strongly affects the course of monetary and fiscal policies in 1997 and especially in 1998. We assume that the monetary union will start in January 1, 1999 with a sizable number of participating countries. Once the decision on the members is made in the spring of 1998, any...

Persistent link: https://www.econbiz.de/10010295013

Auf dem Weg zum Euro - Szenarien für Zinsen, Wechselkurse und Konjunktur

Scheide, Joachim; Solveen, Ralph - 1997

Die Europäische Währungsunion (EWU) soll am 1. Januar 1999 starten. Nicht auszuschließen ist, daß die Kriterien des Maastrichter Vertrags bei der Entscheidung über den Teilnehmerkreis Anfang 1998 großzügig gehandhabt werden und damit die Zahl der Teilnehmer hoch sein wird. Eine strikte...

Persistent link: https://www.econbiz.de/10010295066

Euroland: New conditions for economic policy

Döpke, Jörg; Gern, Klaus-Jürgen; Gottschalk, Jan; … - 1998

The cyclical situation at the beginning of the European Monetary Union (EMU) is favorable: The upswing in Euroland has firmed, unemployment is going down, and inflation is low. However, economic growth outside the new currency area has weakened significantly during 1998, and fears are mounting...

Persistent link: https://www.econbiz.de/10010295088

Der Fahrplan für die Europäische Währungsunion: noch erheblicher Handlungs- und Klärungsbedarf

Lehment, Harmen; Scheide, Joachim - 1995

Für die Teilnahme an der Währungsunion sollten nur Staaten zugelassen werden, die alle Konvergenzkriterien erfüllen. Bislang tun dies nur Deutschland, Irland und Luxemburg. In allen anderen Ländern bedarf es einschneidender Maßnahmen — insbesondere bei der Verringerung der öffentlichen...

Persistent link: https://www.econbiz.de/10010295115

For a stable monetary policy and tax competition in Euroland

Boss, Alfred; Gern, Klaus-Jürgen; Meier, Klaus-Jürgen; … - 1999

in other industrialized countries does not provide evidence of a race to the bottom. But even if tax competition should … become fiercer, there are still arguments in favor of competition: If tax rates are cut in a process of competition … unable to fulfill their specific functions. In addition, tax competition might help to find better tax systems, and every …

Persistent link: https://www.econbiz.de/10010295121