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reconsidered. Yet the euro should not be given up. The euro itself is indispensible for Europe. During the financial crisis it has … beneficial for all European countries as has often been claimed. The euro has shifted Europe's growth forces from the center to … and public debt constraints, it has stimulated the periphery of Europe up to the point of overheating, with ultimately …
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Deutschland und Europa geprägt. Er gilt als einer der wichtigsten Köpfe der Bundesrepublik und als einflussreichster Ökonom im …
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This paper advances the hypothesis that the EUS crisis was caused by German unification. The unification has implied a massive resource demand which parallels the US resource demand following Reagan's tax reforms in the eighties. The resource demand revised the German interest rates relative to...
Persistent link: https://www.econbiz.de/10013223325
This paper advances the hypothesis that the EUS crisis was caused by German unification. The unification has implied a massive resource demand which parallels the US resource demand following Reagan's tax reforms in the eighties. The resource demand revised the German interest rates relative to...
Persistent link: https://www.econbiz.de/10012472989
The success of European monetary integration-what the editors of this CESifo volume call "one of the most far-reaching, real world experiments in monetary policy to date"-is not assured. Policy makers have been forced to deal with challenges posed by formulating a uniform monetary policy for...
Persistent link: https://www.econbiz.de/10013481738
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This paper advances the hypothesis that the EMS crisis was caused by German unification. The unification has implied a massive resource demand which parallels the U.S. resource demand following Reagan's tax reforms in the eighties. The resource demand revised the German interest rates relative...
Persistent link: https://www.econbiz.de/10014075286