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Responsibility of States and Central Banks in the Euro Crisis
Sinn, Hans-Werner - In: CESifo Forum 15 (2014) 1, pp. 03-36
bankruptcy, should the euro continue to exist <br>4.4 Target losses in the case of a euro break-up or a German exit <br>4.5 Shift …
Persistent link: https://www.econbiz.de/10011148828
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The European fiscal reform and the plight of the euro
Mundell, Robert - In: Global Finance Journal 23 (2012) 2, pp. 65-76
joining the Eurozone are presented with special emphasis on the Polish perspective. The need for fiscal reforms and concerns … regarding Eurozone institutions are addressed. …
Persistent link: https://www.econbiz.de/10010593849
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Fiscal and Monetary Policy Determinants of the Eurozone Crisis and its Resolution
Dabrowski, Marek - CASE-Center for Social and Economic Research - 2012
quasi-fiscal rescue operations can undermine this consensus and lead to a disintegration of the Eurozone. There are also …
Persistent link: https://www.econbiz.de/10010625526
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Cause and cure of the crisis
Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2014
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...
Persistent link: https://www.econbiz.de/10011108214
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"ECB Worries/European Woes: The Economic Consequences of Parochial Policy"
Barbera, Robert J.; Holtham, Gerald - Levy Economics Institute - 2012
Financial market crises with the threat of a subsequent debt-deflation depression have occurred with increasing regularity in the United States from 1980 through the present. Almost reflexively, when confronted with such circumstances, US institutions and the policymakers that run them have...
Persistent link: https://www.econbiz.de/10011141203
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Modelling euro area money demand and forecasting inflation in a time-varying environment
Czudaj, Robert - In: International Journal of Monetary Economics and Finance 5 (2012) 3, pp. 244-267
In this paper, we present euro area money demand functions estimated for the sample period ranging from January 1994 to …
Persistent link: https://www.econbiz.de/10010816794
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Euro papers
Europäische Kommission / Generaldirektion Wirtschaft … - Brussels - 1.1997 - 46.2002; damit Ersch. eingest.
Persistent link: https://www.econbiz.de/10000646179
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Der ESM und die europäischen Banken
Borchert, Manfred - In: Ifo Schnelldienst 66 (2013) 23, pp. 25-28
Manfred Borchert, Prof. em. Universität Münster, plädiert in seinem Kommentar dafür, das Wertpapier-Portefeuille von Banken durch eine bestimmte Quote zum Eigenkapital zu begrenzen.
Persistent link: https://www.econbiz.de/10010741296
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Accession of the Czech Republic into euro area and Maastricht convergence criteria from the perspective of theory of „impossible trinity“
Helísek, Mojmír - In: ACTA VSFS 2 (2008) 2, pp. 138-157
Accession into euro area is conditioned (among others) by stable low inflation rate and stable currency exchange rate …. Experience resulting from the first wave of euro area members shows temporary limitation of capital flow, or loss of autonomous …
Persistent link: https://www.econbiz.de/10010860145
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Impacts of Financial Crisis on the Euro Introduction in the Czech Republic
Helisek, Mojmir - In: ACTA VSFS 5 (2011) 3, pp. 220-240
Czech Republic to adopt the euro. Deficiency of the public finance has deepened and catch-up of the euro area price level … has slowed down. The financial crisis and the recession have therefore complicated adoption of the euro and have delayed … whether the financial crisis and the recession have influenced the expected benefits of the euro adoption. The interconnection …
Persistent link: https://www.econbiz.de/10010860159