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The European Central Bank and the Euro : The First Year
Feldstein, Martin - 2000
. The experience of the first year confirms that one size fits all' monetary policy is not suitable for Europe because … cohesiveness, the paper argues that it is more likely to lead to political conflict within Europe and with the Unites States …
Persistent link: https://www.econbiz.de/10012471257
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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
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The Political Economy of the European Economic and Monetary Union : Political Sources of an Economic Liability
Feldstein, Martin - 1998
create future intra-European conflicts. A united Europe would be a formidable participant in the 21st century's global …
Persistent link: https://www.econbiz.de/10012472419