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Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much … political economy channel of EMU as the monetary union implies that member states had to transfer or at least curtail their … impact of political shocks on the domestic economy of member states but magnified the transmission of political shocks within …
Persistent link: https://www.econbiz.de/10011605002
Monetary developments of recent decades began with much promise with inflation targeting by independent central banks; the financial crisis of 2007 ushered in a period of great monetary instability. There are lessons for a return to more stability. Central banks need to stabilize money supply...
Persistent link: https://www.econbiz.de/10014480560
exceptional negative shocks in combination with a too weak capacity of the economy to improve its cost competitiveness in the …
Persistent link: https://www.econbiz.de/10012037669
indicates that QE as defined and announced in March 2009 had no apparent effect on the UK economy. Meanwhile, it is found that a …
Persistent link: https://www.econbiz.de/10010308568
Abkehr von einer einseitig sozialpolitisch orientierten Wirtschafts- und Arbeitsmarktpolitik. Ihr Ziel war aber keinesfalls …
Persistent link: https://www.econbiz.de/10011601790
gaining importance in the German economy over the past decade. Using a large newly available panel data set and statistical …
Persistent link: https://www.econbiz.de/10010268285
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in nennenswerter Höhe vorsieht. Die expansive Geldpolitik ist durch das flexible Notfall-Kaufprogramm PEPP noch …
Persistent link: https://www.econbiz.de/10012604982
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