Similar Search Results

Currency Crisis and Unemployment : Sterling in 1931

Eichengreen, Barry - 1998

This paper studies the role of unemployment in sterling's interwar experience. According to most narrative accounts …, the proximate cause of the 1931 sterling crisis was a high and rising unemployment rate that placed pressure on British … currency crises, highlights the conflict between the objective of low unemployment and defense of the currency and show that it …

Persistent link: https://www.econbiz.de/10012472245

A surplus of ambition : can Europe rely on large primary surpluses to solve its debt problem?

Eichengreen, Barry; Panizza, Ugo - In: Economic policy : a European forum 85 (2016), pp. 5-49

Persistent link: https://www.econbiz.de/10011457565

A payments mechanism for the former Soviet Union : is the EPU a relevant precedent?

Eichengreen, Barry - In: Economic policy : a European forum 8 (1993) 17, pp. 309-353

Persistent link: https://www.econbiz.de/10001152065

Currency union

Eichengreen, Barry - In: Economic policy : a European forum 5 (1990) 1, pp. 117-187

Persistent link: https://www.econbiz.de/10001083845

Imported or Home Grown? The 1992-3 EMS Crisis

Eichengreen, Barry; Naef, Alain - National Bureau of Economic Research - 2021

Using newly assembled data on foreign exchange market intervention, we construct a daily index of exchange market pressure during the 1992-3 crisis in the European Monetary System, allowing us to pinpoint when and where the crisis was most severe. Our analysis focuses on a neglected factor in...

Persistent link: https://www.econbiz.de/10012696397

Will Brexit Age Well? Cohorts, Seasoning and the Age-Leave Gradient, Past, Present and Future

Eichengreen, Barry - 2018

In the UK's 2016 referendum on EU membership, young voters were more likely than their elders to vote Remain. Applying new methods to a half century of data, we show that this pattern reflects both ageing and cohort effects. Although voters become more Eurosceptical as they age, recent cohorts...

Persistent link: https://www.econbiz.de/10012480870

The Breakup of the Euro Area

Eichengreen, Barry - 2007

The possibility that the euro area might break up was being raised even before the single currency existed. These scenarios were then lent new life five or six years on, when appreciation of the euro and problems of slow growth in various member states led politicians to blame the European...

Persistent link: https://www.econbiz.de/10012465257

The EMS Crisis in Retrospect

Eichengreen, Barry - 2000

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 placed important roles. The output effects...

Persistent link: https://www.econbiz.de/10012470695

Fiscal Policy and Monetary Union : Is There a Tradeoff between Federalism and Budgetary Restrictions?

Eichengreen, Barry - 1996

The Maastricht Treaty on Europe Union features an Excessive Deficit Procedure limiting the freedom to borrow of governments participating in the European monetary union. One justification is to prevent states from over- borrowing and demanding a bailout which could divert the European Central...

Persistent link: https://www.econbiz.de/10012473342

Is Regionalism Simply a Diversion? Evidence From the Evolution of the EC and EFTA

Bayoumi, Tamim - 1995

This paper considers the impact on trade of preferential arrangements in Europe since the 1950s. Using a first difference version of the gravity model, we find that the EC and EFTA altered the pattern of international trade. We also find evidence of trade diversion in several cases, notably that...

Persistent link: https://www.econbiz.de/10012473587