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We investigate monetary-policy autonomy under different exchange-rate regimes in small, open European economies during the 1980s and 1990s. We find no systematic link between ex post monetary-policy autonomy and exchange rate regimes. This result is enforced for countries/periods with...
Persistent link: https://www.econbiz.de/10010320157
In a world with multinational companies (MNC's) changes such as those implied by the realization of EC's internal market will affect the locational choice made by geographically mobile MNC's. The reason is that the reduction of trade barriers within the EC puts non-EC members at a competitive...
Persistent link: https://www.econbiz.de/10010335085
Die für 2019 geplante europäische Kapitalmarktunion zielt auf eine vertiefte Integration der Kapitalmärkte der EU-Mitgliedsländer ab. Sie knüpft sowohl am Binnenmarkt als auch an der im Zuge der Finanz- und Wirtschaftskrise geschaffene Bankenunion an. Als Argumente für die...
Persistent link: https://www.econbiz.de/10011932832