Costa. The Eurozone’s Private and Governmental Shock Absorbers: Current Setup and Future Prospects -- RODRIGUES, Nuno Cunha … 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 …

Shock Propagation Mechanisms and Business Cycle Convergence -- 6 Summary and Policy Implications -- 7 Appendix -- References …This book offers the reader a state-of-the-art overview on theory and empirics of business cycle synchronisation …

The Economics of Monetary Union: the Theory of Optimum Currency Areas (OCAs) -- The Economic Rationale of Fiscal Rules … Concept of Labour Market Flexicurity in the Eurozone -- The Spanish Case: The Housing Market Bubble and External Disequilibria …A regulatory idea conducted this work: the need to connect the economic rationale of the theory of currency areas with …

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 …

1 Introduction -- 2 What Went Wrong With the Euro?.- 3 Public Debt: Introductory Remarks -- 4 Was the Eurozone an … Acceptable Currency Union? -- 5 Preconditions of a Monetary Union -- 6 What Was the Theory Behind the Formation of EMU? -- 7 Will … the Eurozone Dissolve Into Its Constituents? -- 8 Can There Be an Efficient Dissolution of a Monetary Union? -- 9 Complete …

Introduction -- The Role of Banks in Financial Integration: Some New Theory and Evidence from New EU Members …

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 …

: Theory of Optimum Currency Areas -- Chapter 3: The Economic and Monetary Union: Institutions and Credibility -- Chapter 4 …

This book examines the Eurozone crisis in light of theoretical and empirical evidence. The first half explores specific … theoretical contributions within a framework of growth theory models to examine the two major pillars of the European construction … half presents results of counterfactual simulations using the Oxford Econometric model and estimates what the Eurozone has …