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Studies the interactions between monetary and wage policies in the euro area. This book discusses the process of policy …
Persistent link: https://www.econbiz.de/10013520641
The first systematic analysis of why Britain and France parted company on the issue of European monetary integration … thought; Britain and France pursued broadly similar policies on the issue until the end of the 1970s …
Persistent link: https://www.econbiz.de/10012053939
Part 1 - The Eurozone as a (non) Optimum Currency Area -- STIGLITZ, Joseph. The fundamental flaws in the Euro Zone … Euro Area economic structures changing? -- ANDRADE, João A. S., DUARTE, Adelaide P. S. and SIMÕES, Marta C. N., Differences … in human capital and openness to trade as barriers to growth and convergence in the EU -- LOUÇÃ, Francisco. Has the euro …
Persistent link: https://www.econbiz.de/10012397341
, the European Central Bank and the Maastricht Treaty, and seeks to explain why they are theoretically wrong. The second … lost in terms of economic and social cost from 2002 to 2014 as a consequence of the super-evaluation of the Euro and the … -- PART II: Some Empirical Evidence: Why European Treaties are a Negative-sum Game -- 11. The Cost of the Super-Euro: 2002 …
Persistent link: https://www.econbiz.de/10012397533
-- The Global Crisis and Alternative Scenarios to Save the Euro: A Spanish Perspective -- Appendix: Ideology and Economics in … whole project. Further, it undermines the internal macroeconomic logic of a single currency like the euro, and gives a … prominent non-democratic role to financial markets. As it happened in the past with the gold-standard, the euro condemns today …
Persistent link: https://www.econbiz.de/10014016996
associated loss. The primary target of the European central bank is low inflation in Europe. The primary target of the German … government is low unemployment in Germany. And the primary target of the French government is low unemployment in France. The … European central bank has a quadratic loss function. The same applies to the German government and the French government. The …
Persistent link: https://www.econbiz.de/10013520991
ministries, employers' organizations and trade unions in Britain, France and Germany. It examines why actors perceived EMU to …
Persistent link: https://www.econbiz.de/10011612318
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
Wirtschaftliche Auswirkungen der Euro: Wer profitiert hat -- Was falsch lief -- Politische Schlussfolgerungen …, ohne dabei deren mögliche Fallstricke auszublenden. Konkrete Maßnahmen werden diskutiert, um den Euro dauerhaft … funktionsfähig zu machen. Neben der Verpflichtung aller Euro-Mitglieder zur Fiskaldisziplin spielen die Wahrung …
Persistent link: https://www.econbiz.de/10014020983
The Eastern Enlargement of the EU will not be complete until the new member states join the EMU. Economic and political economy arguments point to fast EMU accession of new member states. Failure to do so will create a two speed Europe, a fundamental change in the economic and political...
Persistent link: https://www.econbiz.de/10013520407