Narrow search
Showing 1 - 10 of 2,322
Cover Image
Regional Effects of Monetary Policy in the Netherlands
Arnold, Ivo J. M.; Vrugt, Evert B. - In: International Journal of Business and Economics 1 (2002) 2, pp. 123-134
This paper measures the impact of monetary policy shocks on regional and sectoral output in the Netherlands for the period 1973 to 1993. We document large regional and sectoral variation in monetary policy transmission. Our results support previous findings that the differential regional effects...
Persistent link: https://www.econbiz.de/10010600618
Cover Image
German Monetary Union, the Bundesbank and the EMS collapse
HEFEKER, C. - In: BNL Quarterly Review 47 (1994) 191, pp. 379-398
monetary union (EMU). Two major causes have been identified for one crisis in the EMS in September 1992 and its subsequent …
Persistent link: https://www.econbiz.de/10010854312
Cover Image
Macroeconomic Policies of the Economic and Monetary Union: Theorectical Underpinnings and Challenges
Arestis, Philip; Sawyer, Malcolm - EconWPA - 2003
decipher the type of economic analysis and macroeconomic policies of the Economic and Monetary Union (EMU) theoretical and … the EMU macroeconomic policies lie in their potential to achieve full employment and low inflation in the euro area. We … conclude that the institutional and policy arrangements surrounding the EMU and the euro are neither adequate for dealing with …
Persistent link: https://www.econbiz.de/10005076715
Cover Image
The role of national central banks within the European System of Central Banks: The example of De Nederlandsche Bank
Wellink, Nout; Chapple, Bryan; Maier, Philipp - EconWPA - 2002
This paper considers the position of national central banks within the ESCB. The funda-mental framework underlying the ESCB is that of a system of central banks in which component institutions are individually and collectively responsible for carrying out vari-ous tasks. Within this framework,...
Persistent link: https://www.econbiz.de/10005076804
Cover Image
Endogenous Monetary Policy in Macroeconomic Models: The Role of Commitment, Conservative Central Banker and Optimal Central Bank Contracts in the Credibility of Monetary Policy
Alajääskö, Pekka - Valtion taloudellinen tutkimuskeskus (VATT), Government … - 1996
stabilization. Each member country of the Economic and Monetary Union (EMU) can affect the monetary policy pursued by the EMU …
Persistent link: https://www.econbiz.de/10005353550
Cover Image
Long Term Debt and the Political Support of a Monetary Union
Uhlig, Harald - C.E.P.R. Discussion Papers - 1997
eroded political support for actions aimed at enhancing EMU membership chances. …
Persistent link: https://www.econbiz.de/10005123670
Cover Image
EMU in the Early Years: Differences and Credibility
Buti, Marco; Sapir, André - C.E.P.R. Discussion Papers - 2001
The main issue in the early years of EMU is one of credibility. On one hand, high exposure to asymmetric shocks and low … adaptability (be it in terms of stabilization or adjustment) to both symmetric and asymmetric shocks make the early years of EMU … potentially problematic. On the other hand, significant economic differences between EMU countries raise questions regarding the …
Persistent link: https://www.econbiz.de/10005123746
Cover Image
On the Role of Conflicting National Interests in the ECB Council
Grüner, Hans Peter - C.E.P.R. Discussion Papers - 1999
This paper studies the strategic interaction of Euroland's national macroeconomic players and the ECB council under two alternative assumptions on central bank behavior: (i) all members of the ECB council are concerned about Euroland's macroeconomic aggregates and (ii) the ECB council is...
Persistent link: https://www.econbiz.de/10005504342
Cover Image
One Money, but Many Fiscal Policies in Europe: What Are the Consequences?
Uhlig, Harald - C.E.P.R. Discussion Papers - 2002
rather than weakening. Furthermore, a solution for EMU-wide banking regulation needs to be found. …
Persistent link: https://www.econbiz.de/10005656196
Cover Image
German Monetary Union, the Bundesbank and the EMS collapse
HEFEKER, C. - In: Banca Nazionale del Lavoro Quarterly Review 47 (1994) 191, pp. 379-398
monetary union (EMU). Two major causes have been identified for one crisis in the EMS in September 1992 and its subsequent …
Persistent link: https://www.econbiz.de/10010765250