This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by …

This paper investigates the causes behind the euro debt crisis, particularly Germany's role in it. It is argued that … of the matter, and they ultimately go back to competitive wage deflation on Germany's part since the late 1990s. Germany … threaten the euro's survival. The crisis in Euroland poses a global "too big to fail" threat, and presents a moral hazard of …

's international investment position would also loom. Appreciating Germany's own vulnerability to the euro crisis should help the … also good for the authorities in euro partner countries to recognize. Germany is bound to catch up with the reality that it …This paper investigates Germany's vulnerability to the ongoing Euroland crisis. In 2010-11, Germany experienced a …

This paper investigates the causes behind the euro debt crisis, particularly Germany's role in it. It is argued that … of the matter, and they ultimately go back to competitive wage deflation on Germany's part since the late 1990s. Germany … the euro's survival. The crisis in Euroland poses a global “too big to fail” threat, and presents a moral hazard of …

After reviewing the main determinants of the current Eurozone crisis, this paper discusses the feasibility of … austerity measures in order to abide by their commitments with Eurozone institutions and the IMF. We show that the introduction … of fiscal currencies would speed up the recovery, without violating the rules of Eurozone Treaties. At the same time …

Should we blame the euro for widening of current account deficits in the EMU? In this paper, we employ time … of the euro. Our aim is to assess to what extent the increased current account deficits could be attributed to the single … currency and to the role of other variables, especially fiscal policy and developments of financial sector. We show that euro …

's international investment position would also loom. Appreciating Germany's own vulnerability to the euro crisis should help the … also good for the authorities in euro partner countries to recognize. Germany is bound to catch up with the reality that it …This paper investigates Germany's vulnerability to the ongoing Euroland crisis. In 2010-11, Germany experienced a …