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Is there really a European business cycle?
Inklaar, Robert; Haan, Jakob de - 2000
may have important consequences, as existing differences in business cycles in the EMU-countries may not disappear due to …
Persistent link: https://www.econbiz.de/10009781543
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Convergence of monetary transmission in EMU new evidence
Toolsema-Veldman, Linda Adriana; Sturm, Jan-Egbert; … - 2001
This paper examines how the pass-through of monetary policy measures in 6 EMU countries has evolved over time and …
Persistent link: https://www.econbiz.de/10011398432
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The end of the stability and growth pact?
Haan, Jakob de; Berger, Helge; Jansen, David-Jan - 2003
This paper evaluates the Stability and Growth Pact. After examining the rules in place and the experience so far, the Pact is analysed from a political economy perspective, focusing on the choice for so-called soft law and drawing inferences from characteristics of successful fiscal rules at the...
Persistent link: https://www.econbiz.de/10011404430
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Restructuring the ECB
Berger, Helge; Haan, Jakob de; Inklaar, Robert - 2003
Soon, euro area membership could more than double, with the vast majority of accession countries being quite different in economic terms compared with current members. Under the current decision-making system, this can lead to high decisionmaking costs and there is a risk that monetary policy...
Persistent link: https://www.econbiz.de/10011511101
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The European Central Bank: Credibility, Transparency, and Centralization
Haan, Jakob de; Eijffinger, Sylvester C. W.; Waller, Sandra - The MIT Press
The adoption of the euro in 1999 by 11 member states of the European Union created a single currency area second in economic size only to the United States. The euro zone's monetary policy is now set by the European Central Bank (ECB) and its Governing Council rather than by individual national...
Persistent link: https://www.econbiz.de/10004973240
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Which variables explain decisions on IMF credit? : an extreme bounds analysis
Sturm, Jan-Egbert; Berger, Helge; Haan, Jakob de - 2004 - This Version: 26 July, 2004
This paper analyses which economic and political factors affect the chance that a country receives IMF credit or signs an agreement with the Fund. We use a panel model for 128 countries over the period 1972-1998. Our results, based on Extreme Bounds Analysis, suggest that it are mostly economic...
Persistent link: https://www.econbiz.de/10009303505
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IMF credit: how important are political factors? : a robustness analysis
Sturm, Jan-Egbert; Berger, Helge; Haan, Jakob de - 2002
We test whether, in addition to economic conditions, IMF credit is influenced by political factors. On the basis of a panel model for 128 countries over the period 1972-1998, we find that debt service scaled to exports, international reserve holdings scaled to imports and economic growth, as...
Persistent link: https://www.econbiz.de/10011408821
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Trade Dynamics in the Euro Area: The role of export destination and composition
Wierts, Peter; Kerkhoff, Henk van; Haan, Jakob de - de Nederlandsche Bank - 2012
We investigate to what extent the destination of exports and export composition affect the export performance of euro area countries, using a dataset on exports from euro area countries to their top 20 trade partners for the period 1980-2010. Our analysis shows that European integration has not...
Persistent link: https://www.econbiz.de/10010592999
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The European Economic and Monetary Union and Labour Market Reform
Elżbieta Bednarek-Sekunda; Jong-A-Pin, Richard; … - In: European Union Politics 11 (2010) 1, pp. 3-27
We examine whether the EMU has led to greater labour market flexibility, differentiating between reform that enhances … types of labour market reform are driven by different variables. Most importantly, our results suggest that the EMU has had … increases long-run output suggests that the EMU has not affected this type of reform either. …
Persistent link: https://www.econbiz.de/10009004581
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Convergence of Monetary Transmission in EMU New Evidence
Toolsema, Linda A.; Sturm, Jan-Egbert; Haan, Jakob de - CESifo - 2001
This paper examines how the pass-through of monetary policy measures in 6 EMU countries has evolved over time and …
Persistent link: https://www.econbiz.de/10005181532