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The threat of "currency wars" : a European perspective
Darvas, Zsolt M.; Pisani-Ferry, Jean - 2011
definition of price stability at a time of deflationary pressures. The euro's exchange rate has not been greatly impacted by the … recent currency war; the euro continues to be overvalued, but less than before. -- currency war ; quantitative easing …
Persistent link: https://www.econbiz.de/10008807421
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Financial Supervision and Policy Coordination in The EMU
Hagen, Jürgen von (contributor);  … - 2000
Contents: 1. Jürgen von Hagen, Jean Pisani-Ferry - Forum Economique Franco-Allemand /Deutsch-Französisches Wirtschaftspolitisches Forum .... 1 -- 2. Jürgen von Hagen - The First Year of EMU ... 3 -- 3. Dominique Guellec - Economic Growth in Europe: Entering a New Era? ... 17 -- 4. Jean-Louis...
Persistent link: https://www.econbiz.de/10010515692
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The threat of 'currency wars': A European perspective
Darvas, Zsolt; Pisani-Ferry, Jean - 2011
definition of price stability at a time of deflationary pressures. The euro's exchange rate has not been greatly impacted by the … recent currency war; the euro continues to be overvalued, but less than before. …
Persistent link: https://www.econbiz.de/10010494451
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M3 money demand and excess liquidity in the euro area
Dreger, Christian (contributor);  … - 2008
Money growth in the euro area has exceeded its target since 2001. Likewise, recent empirical studies did not find …, a rise in the income elasticity after 2001 is taken into account. The break might be linked to the introduction of euro …
Persistent link: https://www.econbiz.de/10003726115
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Government size and output volatility : should we forsake automatic stabilization?
Debrun, Xavier; Pisani-Ferry, Jean; Sapir, André - 2008
Persistent link: https://www.econbiz.de/10003739308
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Investigating M3 money demand in the euro area : new evidence based on standard models
Dreger, Christian (contributor);  … - 2006
Monetary growth in the euro area has exceeded its target level especially since 2001. Likewise, recent empirical …
Persistent link: https://www.econbiz.de/10003304393
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Hysteresis and persistence in the course of unemployment : the EU and US experience
Dreger, Christian (contributor);  … - 2006
regions, possibly because of language barriers or national labour market regulations. …
Persistent link: https://www.econbiz.de/10003304447
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Politique économique et croissance en Europe : rapport
Aghion, Philippe (contributor); Cohen, Élie (contributor);  … - 2006
Persistent link: https://www.econbiz.de/10003334683
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Regional measures of human capital in the European Union
Dreger, Christian (contributor); Erber, Georg (contributor);  … - 2009
The accumulation of the human capital stock plays a key role to explain the macroeconomic performance across regions. However, despite the strong theoretical support for this claim, empirical evidence has been not very convincing, probably because of the low quality of the data. This paper...
Persistent link: https://www.econbiz.de/10003793935
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Common and spatial drivers in regional business cycles
Artis, Michael J.; Dreger, Christian; Cholodilin, … - 2009
We examine real business cycle convergence for 41 euro area regions and 48 US states. Results obtained by a panel model … decades in the euro area and the US. Ongoing business cycle convergence often detected in a country data is not confirmed at … the regional level. The degree of synchronization across the euro area is similar to that to be found for the US states …
Persistent link: https://www.econbiz.de/10003807457