Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10000969117
Persistent link: https://www.econbiz.de/10001708764
Persistent link: https://www.econbiz.de/10001554401
This paper addresses the effects of the European Economic and Monetary Union (EMU) since the introduction of the euro -- on economic and financial structures, institutions and performance. What type of changes is the euro fostering? What forces is it setting in motion that were not there before?...
Persistent link: https://www.econbiz.de/10003297555
This paper examines the interest spending and taxation channels through which EMU could affect the public finances. It provides a framework for examining different views on a further narrowing of interest rate differentials. A model of Blanchard and Fischer is amended to analyze the two...
Persistent link: https://www.econbiz.de/10012782226
This paper examines diverse aspects of the monetary integration of the ten new Member States (NMS) which joined the EU … progress in their processes of reform and convergence, and more is underway. While trade integration with the other 15 EU … Member States (EU15) has progressed quickly, convergence in output specialisation to EU standards has been slow, especially …
Persistent link: https://www.econbiz.de/10013318308
This paper aims at determining whether economic, financial and monetary integration on the one hand, and institutional factors on the other, may have led to gradual convergence in key fiscal variables across the euro area over the recent period, bringing fiscal positions closer together. The...
Persistent link: https://www.econbiz.de/10013320320
Persistent link: https://www.econbiz.de/10013434298