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The simple macroeconomics of North and South in EMU
Merler, Silvia; Pisani-Ferry, Jean - 2012
Persistent link: https://www.econbiz.de/10009580689
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A European recovery programme
Pisani-Ferry, Jean; Sapir, André; Weizsäcker, Jakob von - 2008
Persistent link: https://www.econbiz.de/10003779454
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Two crises, two responses
Marzinotto, Benedicta; Pisani-Ferry, Jean; Sapir, André - 2010
Persistent link: https://www.econbiz.de/10003951820
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Enlarging and deepening : giving substance to the European Political Community
Mayer, Franz C.; Pisani-Ferry, Jean; Schwarzer, Daniela; … - 2022
France's President Emmanuel Macron and Germany's Chancellor Olaf Scholz have stressed the geopolitical emergency of re-designing the European Union's relationship with its neighbourhood. Both acknowledge that EU enlargement is necessary, but also emphasise that profound EU institutional reform...
Persistent link: https://www.econbiz.de/10013373371
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Coming of age : report on the euro area
Pisani-Ferry, Jean; Aghion, Philippe; Belka, Marek; … - 2008
Persistent link: https://www.econbiz.de/10014011165
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A European mechanism for sovereign debt crisis resolution : a proposal
Gianviti, François; Krueger, Anne O.; Pisani-Ferry, Jean; … - 2010
Persistent link: https://www.econbiz.de/10008903608
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Who's afraid of sovereign bonds?
Merler, Silvia; Pisani-Ferry, Jean - 2012
The crisis has underlined the strong interdependence between the euro-area banking and sovereign crises. To understand the role domestic banks have played in holding sovereign debt, a breakdown of government debt by holding sectors is required. The data shows that at the start of the crisis,...
Persistent link: https://www.econbiz.de/10009485781
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An action plan for Europe's leaders
Marzinotto, Benedicta; Pisani-Ferry, Jean; Wolff, Guntram B. - 2011
At the extraordinary EU Council of 21 July European leaders have to accomplish a triple-mission. First, they should pave the way to restoring solvency in Greece by initiating debt reduction. Softening the Greek debt burden implies i) reducing the interest rate on official lending, ii) requesting...
Persistent link: https://www.econbiz.de/10009233555
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Europe's growth emergency
Darvas, Zsolt M.; Pisani-Ferry, Jean - 2011
The European Union growth agenda has become even more pressing because growth is needed to support public and private sector deleveraging, reduce the fragility of the banking sector, counter the falling behind of southern European countries and prove that Europe is still a worthwhile place to...
Persistent link: https://www.econbiz.de/10009315647
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The simple macroeconomics of North and South in EMU
Merler, Silvia; Pisani-Ferry, Jean - 2012
policy aims at keeping inflation constant in the North. The South therefore needs to deflate to regain competitiveness, which … worsens the debt dynamics. In the second, monetary policy aims at keeping inflation constant in the monetary union as a whole …. This results in more monetary stimulus, inflation in the North is higher, and this in turn helps the debt dynamics in the …
Persistent link: https://www.econbiz.de/10010317341