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This book provides a fully revised and up-to-date analysis of the Economic and Monetary Union (EMU). With four entirely new chapters on responses to the financial crisis and the debate on reform options, Tomann assesses the EMU in comparison with other currency regimes through the adoption of a...
Persistent link: https://www.econbiz.de/10012397441
1. Eurozone Crises -- 2. An 'Optimal' Currency Area: What Could it Mean? -- 3. Why was the EMU Established?: Different …This book takes a close look at macroeconomic imbalances within the Eurozone and explores the profound consequences the … has left a number of Eurozone countries with devastatingly high rates of unemployment. The book argues that by …
Persistent link: https://www.econbiz.de/10014018611
accompany fiscal consolidation and discusses the appropriate tools of crisis management and why a restructuring of the Eurozone … is not the right step. Based on these considerations, a long-term target picture for the Eurozone as a part of the EU is …
Persistent link: https://www.econbiz.de/10013523001
dominating the Eurozone and the European Union, concerning both the monetary policy and the budgetary and fiscal policy. The …Part 1 - The Eurozone as a (non) Optimum Currency Area -- STIGLITZ, Joseph. The fundamental flaws in the Euro Zone … Costa. The Eurozone’s Private and Governmental Shock Absorbers: Current Setup and Future Prospects -- RODRIGUES, Nuno Cunha …
Persistent link: https://www.econbiz.de/10012397341
This book examines the Eurozone crisis in light of theoretical and empirical evidence. The first half explores specific … half presents results of counterfactual simulations using the Oxford Econometric model and estimates what the Eurozone has …
Persistent link: https://www.econbiz.de/10012397533
Concept of Labour Market Flexicurity in the Eurozone -- The Spanish Case: The Housing Market Bubble and External Disequilibria … save the eurozone and Europe. …
Persistent link: https://www.econbiz.de/10014016996
Persistent link: https://www.econbiz.de/10013520519
Studies the interactions between monetary and wage policies in the euro area. This book discusses the process of policy competition and the structure of policy cooperation. It also features numerical simulations of policy competition and numerical solutions to policy cooperation
Persistent link: https://www.econbiz.de/10013520641
This work examines the political economy of exchange-rate policies in the eastward expansion of the eurozone. Analysis … stabilization of the CEECs' convergence toward the EMU, and a successful eastward enlargement of the eurozone. …Examines the political economy of exchange-rate policies in the context of the eastward enlargement of the eurozone …
Persistent link: https://www.econbiz.de/10013520664
peripheral countries. Current high level of trade and business cycle integration of new member states with the Eurozone … of the exchange rate as adjustment tool. The Eastern Enlargement of the Eurozone provides comprehensive economic analysis …
Persistent link: https://www.econbiz.de/10013520407