Showing 1 - 9 of 9
nineties and the puzzling decline of the euro during its virtual existence to changes in the demand for deutschmarks in eastern … the dollar and the weakness of the euro reflect the prosperity of the US and the weakness of the European economy on both …
Persistent link: https://www.econbiz.de/10012470368
Economic performance and stabilization policy in a monetary union with imperfect labor and goods' markets / Fabrizio Coricelli, Alex Cukierman, and Alberto Dalmazzo ; Discussant: Erkki Koskela -- Asymmetric transmission of monetary policy: what should the ECB do if one size does not fit all? /...
Persistent link: https://www.econbiz.de/10011479646
The trend toward privatization, which began with privatization experiments in the UK under Margaret Thatcher and the deregulation of the telecommunications sector in the United States, has attracted the attention of policymakers over the past two decades. Privatization is broadly supported by...
Persistent link: https://www.econbiz.de/10003365150
As a result of the Balassa effect relative prices change rapidly between and within the euro countries. Thus it is … no country face a deflation. This minimum aggeragate inflation rate is 0.94% in the euro-11 countries and 1.13% in an …
Persistent link: https://www.econbiz.de/10012470644
banks, because the Euro will have to be bought by these banks in exchange for assets which have been accumulated in the …
Persistent link: https://www.econbiz.de/10012472742
Opening Europe's borders in 1993 makes the allocation of resources more vulnerable to differences in the national tax rates. The first part of the paper demonstrates that direct consumer purchases will imply distortions resulting from diverging VAT rates and it clarifies why the frequently cited...
Persistent link: https://www.econbiz.de/10012475789
While the ECB helped mitigate the euro crisis in the aftermath of Lehman, it has stretched its monetary mandate and …
Persistent link: https://www.econbiz.de/10012453105
The success of European monetary integration-what the editors of this CESifo volume call "one of the most far-reaching, real world experiments in monetary policy to date"-is not assured. Policy makers have been forced to deal with challenges posed by formulating a uniform monetary policy for...
Persistent link: https://www.econbiz.de/10013481738
Intro -- Series Foreword -- Introduction -- 1 - Privatizing Network Industries -- 2 - Network Utilities in the United States: Sector Reforms without Privatization -- 3 - Privatization in Austria: Some Theoretical Reasons and Performance Measures -- 4 - Privatization in Denmark, 1980-2002 -- 5 -...
Persistent link: https://www.econbiz.de/10012673593