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Why Has the Euro Been Falling? An Investigation into the Determinants of the Exchange Rate
Sinn, Hans-Werner; Westermann, Frank - 2021
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/10013230968
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Eurowinners and Eurolosers : The Distribution of Seigniorage Wealth in Emu
Sinn, Hans-Werner - 2010
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/10012763579
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The Ecb's Fiscal Policy
Sinn, Hans-Werner - 2018
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/10012918640
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The Minimum Inflation Rate for Euroland
Sinn, Hans-Werner; Reutter, Michael - 2021
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/10013248677
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Tax Harmonization and Tax Competition in Europe
Sinn, Hans-Werner - 2021
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/10013227514