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On February 24-25, 2006 an international workshop on “Regional and International Currency Arrangements” was held in Vienna. It was co-sponsored by the Oesterreichische Nationalbank and the Bank of Greece, and jointly organized by Eduard Hochreiter and George Tavlas. Academic economists and...
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policymakers should set their sights on the second level, which we view as achievable within the current decade, requiring new EU …
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In this paper I outline – from a practitioner's as well as from a researcher's perspective – several of the key developments that took place during the last century in monetary policy. In particular, I describe how the monetary system evolved from gold standard, prevailing throughout most of...
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The paper takes stock of the debate on the positive link between output volatility and the size of government-which reflects automatic stabilizers. After a survey of the literature, we show that the contribution of automatic stabilizers to output stability may have disappeared since the 1990s....
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them. But implementation will be politically challenging, in particular because the Green Deal has not upgraded the EU … and the emission control mechanisms should be unified by 2040. 2. Preparations should start for an EU Green Investment … Plan. This should ensure that after pandemic recovery funding ends in 2026, EU green grants remain at least at the current …
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