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1. The essence of the problem -- 2. The trade perspective -- 3. National accounting perspectives -- 4. The international perspective -- 5. Nature of the adjustment mechanisms -- 6. The sustainability of the deficit -- 7. The demand for US assets -- 8. China and the United States -- 9. Conclusion.
Persistent link: https://www.econbiz.de/10012420062
Economic and Monetary Union in Europe brings together contributions from leading specialists which explain and evaluate the most important implications of economic and monetary union. The book examines theoretical aspects of monetary integration, illustrates the historical lessons to be learned...
Persistent link: https://www.econbiz.de/10011850608
The future of European Monetary Union (EMU) stands as one of the most important economic issues of the era. The author argues that in the event of macroeconomic shocks, rather than acting as a cohesive force, EMU could give rise to disunity. As EMU is not an optimal currency area, asymmetric...
Persistent link: https://www.econbiz.de/10014474087
Experiment', Experimental Economics, 9 (2), June, 79-101 -- Daniel Houser and John Wooders (2006), 'Reputation in Auctions …: Theory, and Evidence from eBay', Journal of Economics and Management Strategy, 15 (2), Summer, 353-69 -- Gary E. Bolton … Experiment on MovieLens', American Economic Review, 100 (4), September, 1358-98 -- Judith A. Chevalier and Dina Mayzlin (2006 …
Persistent link: https://www.econbiz.de/10012419900
1. Anchoring and yea-saying with private goods : an experiment / Ian Bateman ... [et al.] -- 2. Market price … outcomes / Glenn W. Harrison -- 4. The use of a real-money experiment in a stated-preference survey / John Horowitz -- 5 …
Persistent link: https://www.econbiz.de/10011851536
This innovative book is a compilation of state-of-the-art choice experiment studies undertaken in several European … reduction and food labeling. The book highlights how the choice experiment method can be employed to inform efficient and …Applications of the choice experiment method in Europe : a review / Ekin Birol, Phoebe Koundouri and Yiannis Kountouris …
Persistent link: https://www.econbiz.de/10011851961
experimental economics, the methodology of economics, political theory, and political economy …
Persistent link: https://www.econbiz.de/10014474107
distinguishes between national and supranational currency areas, and an optimal currency area theory. The gradualist transition …
Persistent link: https://www.econbiz.de/10011850579
This book deals with the economic consequences of monetary integration, which has long been dominated by the Optimal Currency Area (OCA) paradigm. In this model, money is perceived as having developed from a private sector cost minimization process to facilitate transactions. Not surprisingly,...
Persistent link: https://www.econbiz.de/10011850704
Potential new entrants to the European Union from Central and Eastern European countries face many challenges to achieve financial convergence with the existing EU nations. Using detailed case studies from Bulgaria, the Czech Republic, Latvia, Lithuania and Poland and analysis of cross country...
Persistent link: https://www.econbiz.de/10011850773