Narrow search
Showing 1 - 10 of 130
Cover Image
The 1948 German currency and economic reform : lessons for European monetary policy
Schnabl, Gunther - In: The Cato journal : an interdisciplinary journal of … 39 (2019) 3, pp. 607-634
Persistent link: https://www.econbiz.de/10012182982
Cover Image
Keynesian and Austrian perspectives on crisis, shock adjustment, exchange rate regime and (long-term) growth
Maurel, Mathilde; Schnabl, Gunther - 2011
The 2010 European debt crisis has revived the discussion concerning the optimum adjustment strategy in the face of asymmetric shocks. Whereas Mundell's (1961) seminal theory on optimum currency areas suggests depreciation in the face of crisis, the most recent emergence of competitive...
Persistent link: https://www.econbiz.de/10009012327
Cover Image
Erweiterung der Eurozone : welche Auswirkungen hat dies auf die europäische Wirtschaft?
Randzio-Plath, Christa; Hefeker, Carsten; Fidrmuc, Jarko - In: Ifo-Schnelldienst 59 (2006) 22, pp. 3-18
wird. Welche Auswirkungen sind von der Erweiterung der Eurozone auf die europäische Wirtschaft zu erwarten? Nach Ansicht … der Eurozone den Zusammenhalt und das Zusammenwirken der alten und neuen Mitgliedstaaten positiv beeinflussen. Im Fall … traditionelle Theorie der optimalen Währungsräume zur Bewertung der Osterweiterung der Eurozone beiträgt. Nach Meinung von Gunther …
Persistent link: https://www.econbiz.de/10003392890
Cover Image
Current account imbalances and structural adjustment in the euro area: how to rebalance competitiveness
Zemanek, Holger; Belke, Ansgar; Schnabl, Gunther - 2009
deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We …
Persistent link: https://www.econbiz.de/10003936156
Cover Image
Current account imbalances and structural adjustment in the euro area : how to rebalance competitiveness?
Belke, Ansgar; Schnabl, Gunther; Zemanek, Holger - 2009
deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We …
Persistent link: https://www.econbiz.de/10010206356
Cover Image
Current Account Imbalances and Structural Adjustment in the Euro Area: How to Rebalance Competitiveness
Zemanek, Holger; Belke, Ansgar; Schnabl, Gunther - 2009
deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We …
Persistent link: https://www.econbiz.de/10010331421
Cover Image
Beyond Balassa and Samuelson : real convergence, capital flows, and competitiveness in Greece
Belke, Ansgar; Haskamp, Ulrich; Schnabl, Gunther; … - 2015
sieben Mitgliedsländern der Eurozone (Griechenland, Portugal, Estland, Lettland, Litauen, Slowenien und die Slowakei) im …
Persistent link: https://www.econbiz.de/10011373258
Cover Image
The failure of ECB monetary policy from a Mises-Hayek perspective
Schnabl, Gunther - 2017
The paper analyses the common European monetary policy based on a Mises-Hayek overinvestment framework, which is combined with the theory of optimum currency areas. It shows how since the turn of the millennium a too expansionary monetary policy contributed to unsustainable overinvestment booms...
Persistent link: https://www.econbiz.de/10011619626
Cover Image
The Brexit as a forerunner : monetary policy, economic order and divergence forces in the European Union
Schnabl, Gunther; Müller, Sebastian - In: The Economists' voice 16 (2019) 1, pp. 1-18
Persistent link: https://www.econbiz.de/10012157285
Cover Image
The Brexit as a forerunner : monetary policy, economic order and divergence forces in the European Union
Müller, Sebastian; Schnabl, Gunther - 2018
We analyze the effects of the increasingly expansionary monetary policies on the economic order and on the European integration process. We argue that the market orders shaped in postwar Germany and in Margret Thatcher's United Kingdom have long served as cornerstones for growth, prosperity and...
Persistent link: https://www.econbiz.de/10011809903