Showing 1 - 10 of 70
Persistent link: https://www.econbiz.de/10000962541
Persistent link: https://www.econbiz.de/10000920809
Persistent link: https://www.econbiz.de/10001752064
pt. 1. The stability merits of the euro -- pt. 2. A case for rapid euro adoption? -- pt. 3. The euro area- a shelter? Euro assets- a safe haven? -- pt. 4. Lessons- from euro area divergences, and from the crisis -- pt. 5. Post-crisis business models of banks in CEE
Persistent link: https://www.econbiz.de/10011852055
Persistent link: https://www.econbiz.de/10012197812
Persistent link: https://www.econbiz.de/10012197822
Persistent link: https://www.econbiz.de/10012234592
Persistent link: https://www.econbiz.de/10012234626
We show that the credibility gain from permanently committing to a fixed exchange rate by joining the European Monetary Union can outweigh the loss from giving up independent monetary policy if the domestic monetary authority does not enjoy full credibility. Using a DSGE model, this paper shows...
Persistent link: https://www.econbiz.de/10010727745
We show that the credibility gain from permanently committing to a fixed exchange rate by joining the European Monetary Union can outweigh the loss from giving up independent monetary policy if the domestic monetary authority does not enjoy full credibility. Using a DSGE model, this paper shows...
Persistent link: https://www.econbiz.de/10005273259