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The European Central Bank and the Euro : The First Year

Feldstein, Martin - 2000

The creation of the euro and the European Central Bank is a remarkable and unprecedented event in economic and political history: creating a supranational central bank and leaving eleven countries without national currencies of their own. The experience of the first year confirms that one size...

Persistent link: https://www.econbiz.de/10012471257

U.S. Budget Deficits and the European Economies : Resolving the Political Economy Puzzle

Feldstein, Martin - 1986

This paper, prepared for the annual meetings of the American Economic Association, discusses how the increases in the U.S. budget deficits since 1980 have affected the economies of Western Europe. The analysis emphasizes that U.S. deficits have not only affected these economies directly but have...

Persistent link: https://www.econbiz.de/10012477287

The Fiscal Framework of Monetary Policy

Feldstein, Martin - 1982

This paper illustrates the importance of the fiscal framework for monetary analysis by discussing three separate issues. I begin by examining how the fiscal framework changes the macroeconomic equilibrium associated with different steady state rates of money growth. This includes a summary of...

Persistent link: https://www.econbiz.de/10012478139

Capital Taxation

Feldstein, Martin - 1982

This paper is an introductory chapter to a book that brings together 22 of my papers written between 1965 and 1981. The chapter provides a summary of each paper and a more general discussion of the role of taxation in influencing the process of capita1 accumulation. The four sections of the book...

Persistent link: https://www.econbiz.de/10012478234

Chinese Firm and Industry Reactions to Antidumping Initiations and Measures

Li, Chunding - 2010

antidumping actions against China from developed and developing countries, US and EU to compare their different effects. We find … industry reactions to antidumping actions by the US and EU are the same as for other developed countries, but the effects of US … actions are larger. US antidumping actions have more impact than EU's on firm numbers, employees and exports, and EU …

Persistent link: https://www.econbiz.de/10012462211

Carbon Motivated Regional Trade Arrangements : Analytics and Simulations

Dong, Yan - 2009

This paper presents both analytics and numerical simulation results relevant to proposals for carbon motivated regional trade agreements summarized in Dong & Whalley(2008). Unlike traditional regional trade agreements, by lowing tariffs on participant's low carbon emission goods and setting...

Persistent link: https://www.econbiz.de/10012463767

The Euro and the Stability Pact

Feldstein, Martin - 2005

This paper begins by discussing the inherent conflict between the simultaneous existence of a single currency for the countries of the European Economic and Monetary Union (EMU) and the independent fiscal policies of those countries. The Stability and Growth Pact was an attempt to reconcile that...

Persistent link: https://www.econbiz.de/10012467436

Beyond Goods and Services : Competition Policy, Investment, Mutual Recognition, Movement of Persons, and Broader Cooperation Provisions of Recent FTAs involving ASEAN Countries

Banda, O. G. Dayaratna - 2005

We discuss recent bilateral, regional, and country trade, partnership, and economic agreements involving both ASEAN as a single entity and individual ASEAN countries (Singapore, Thailand, Malaysia) focusing on their reach beyond conventional trade in goods and services issues. What emerges is of...

Persistent link: https://www.econbiz.de/10012467453

Competitive Liberalization and a US-SACU FTA

Whalley, John - 2003

competition among large countries (US/EU) to negotiate preferential arrangements with smaller countries or regions will lower … such an arrangement lies in improved access to a smaller but more protected market where the EU already has preferential …

Persistent link: https://www.econbiz.de/10012468526

The Future of Social Security Pensions in Europe

Feldstein, Martin - 2001

This paper discusses a possible solution to the double problem that faces European governments in dealing with the future of Social Security pensions. Like other governments around the world, they must deal with the rising cost of pensions that will result from the increasing life expectancy of...

Persistent link: https://www.econbiz.de/10012470231