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Fiscal reform and monetary union in West Africa

Hefeker, Carsten - In: Journal of international development : the journal of … 22 (2010) 1, pp. 86-102

Persistent link: https://www.econbiz.de/10003969948

The ECB's "new" strategy

Hefeker, Carsten - In: Intereconomics : review of European economic policy 38 (2003) 3, pp. 114-115

Persistent link: https://www.econbiz.de/10008729596

One country, one vote? : labor market structure and voting rights in the ECB

Berger, Helge; Hefeker, Carsten - 2004

The pending enlargement of the European Monetary Union (EMU) has brought to the fore the discussion of the voting right distribution in the European Central Bank (ECB) council. We show that, in a model where labor unions internalize the inflationary consequences of wage setting, deviating from a...

Persistent link: https://www.econbiz.de/10009303509

Fiscal transfers in a monetary union with exit option

Hefeker, Carsten; Neugart, Michael - In: Review of international economics 23 (2015) 3, pp. 489-508

Persistent link: https://www.econbiz.de/10011378226

Fiscal transfers in a monetary union with exit option

Hefeker, Carsten; Neugart, Michael - 2015

It is widely debated whether a monetary union has to be accompanied by a fiscal transfer scheme to accommodate asymmetric shocks. We build a model of a monetary union with a central bank and two heterogeneous countries that are linked by a fiscal transfer scheme with repercussions on monetary...

Persistent link: https://www.econbiz.de/10010492336