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Scylla and Charybdis. Explaining Europe’s Exit from Gold, January 1928- December 1936

Wolf, Nikolaus - C.E.P.R. Discussion Papers - 2008

The paper examines the timing of exit from the interwar gold-exchange standard for a panel of European countries, based on monthly data over the period January 1928 - December 1936. I show that the decision of exit from gold can be understood in terms of a trade-off between a quite limited set...

Persistent link: https://www.econbiz.de/10005788926

The Political Economy of Monetary Union in Europe

De Grauwe, Paul - C.E.P.R. Discussion Papers - 1993

The Maastricht transition strategy towards monetary union is based on the idea that the transition strategy should be gradual, and that entry into the union should be conditional on the fulfilment of convergence criteria. It is argued in this paper that this approach is not based on an economic...

Persistent link: https://www.econbiz.de/10005789068

Productivity, Wages and Prices Inside and Outside of Manufacturing in the US, Japan and Europe

Gordon, Robert J - C.E.P.R. Discussion Papers - 1986

. Results are presented for the United States, Japan, and an aggregate called "Europe" consisting of eleven European economies …. The primary theme of the paper is that the differences between Europe and the United States have been substantially … exaggerated in recent work. Europe has neither greater nominal wage flexibility nor more rigid real wages than the United States …

Persistent link: https://www.econbiz.de/10005789135

Europe’s Great Depression: Coordination Failure after the First World War

Wolf, Nikolaus - C.E.P.R. Discussion Papers - 2010

of the great depression in Europe and the delay of recovery as a failure to coordinate economic policies. Europe could …

Persistent link: https://www.econbiz.de/10008466327

Multinational Banking in Europe: Financial Stability and Regulatory Implications Lessons from the Financial Crisis

Barba Navaretti, Giorgio; Calzolari, Giacomo; Levi, Micol; … - C.E.P.R. Discussion Papers - 2010

distress. With a focus on Europe, it looks at how these banks’ foreign affiliates have been faring during the recent financial …

Persistent link: https://www.econbiz.de/10008468703

Labour Mobility, Redistribution And Pensions Reform In Europe

Jousten, Alain; Pestieau, Pierre - C.E.P.R. Discussion Papers - 2001

In this Paper, we discuss the main characteristics of European mandatory pension systems and the implications for these systems of increasing factor mobility. In particular, we expect the extent of redistribution (both intra- and intergenerational) in national pension systems to decrease. The...

Persistent link: https://www.econbiz.de/10005136425

Corporate Growth Convergence in Europe

Geroski, Paul A; Gugler, Klaus Peter - C.E.P.R. Discussion Papers - 2001

markets in Europe, and some people have argued that it has induced a convergence in industrial structures across countries … time period 1994 to 1998, we do not find strong evidence for ‘convergence’ in manufacturing in Europe. ‘Full’ convergence …

Persistent link: https://www.econbiz.de/10005136467

Regional Aspects of Unemployment in Europe and in Italy

Schioppa, Padoa; Kostoris, Fiorella - C.E.P.R. Discussion Papers - 1999

Unemployment in Europe is a worrying phenomenon not so much because it hits 18 million people, but because it almost …

Persistent link: https://www.econbiz.de/10005067385

Deregulation, Integration and Market Structure in European Banking

Gual, Jordi - C.E.P.R. Discussion Papers - 1999

This paper analyzes the impact of deregulation and market integration policies on the structure of European banking markets. It argues that whether European integration will lead to large increases in EU-wide concentration will depend on the extent to which competition in banking is based on...

Persistent link: https://www.econbiz.de/10005067386

The EMS Crisis in Retrospect

Eichengreen, Barry - C.E.P.R. Discussion Papers - 2001

This Paper reconsiders the 1992/3 crisis in the European Monetary System in light of its emerging market successors. That episode was a predecessor of the Mexican and Asian crises in the sense that both capital movements and domestic financial fragility played important roles. The output effects...

Persistent link: https://www.econbiz.de/10005067395