Showing 1 - 10 of 1,499
1) Stability Oriented Monetary and Prudential Policies in EU Accession Countries, by Michael C. Bonello 2) Ensuring Financial Stability: Global and European Perspectives, by Fabrizio Saccomanni 3) Foreign Bank Ownership: A Bonus or Threat for Financial Stability? by Claudia M. Buch, Jörn...
Persistent link: https://www.econbiz.de/10011689910
EMU's design is seriously flawed. Monetary union was established without political union, creating a single eurozone … a eurozone-wide monetary-fiscal policy mix capable of combining growth and employment with price stability. EMU thus …
Persistent link: https://www.econbiz.de/10010669620
In 1991, the European Union undertook to form a full-fledged monetary union. It established the European Monetary Union with a European Central Bank (ECB) at its apex and a mandate to pursue price stability. The European regime differs from the US Federal Reserve System, which must pursue high...
Persistent link: https://www.econbiz.de/10010669628
Country members of EMU as well as the United States have improved their fiscal positions during the course of the past … decade. This article considers the impact of further government debt and deficit reductions in the EMU area. First the …
Persistent link: https://www.econbiz.de/10004970706
1) Stability Oriented Monetary and Prudential Policies in EU Accession Countries, by Michael C. Bonello 2) Ensuring Financial Stability: Global and European Perspectives, by Fabrizio Saccomanni 3) Foreign Bank Ownership: A Bonus or Threat for Financial Stability? by Claudia M. Buch, Jörn...
Persistent link: https://www.econbiz.de/10005702817
Republic, Hungary, Estonia, Slovenia and Poland) which are interested in becoming soon members of EMU. The approach chosen …
Persistent link: https://www.econbiz.de/10010508262
No one seems to be neutral about the effects of EMU on the German economy. Roughly speaking, there are two camps: those … stability. From a broader macroeconomic perspective, however, it is clear that EMU is unlikely to cause directly any meaningful …
Persistent link: https://www.econbiz.de/10009768851
No one seems to be neutral about the effects of EMU on the German economy. Roughly speaking, there are two camps: those … stability. From a broader macroeconomic perspective, however, it is clear that EMU is unlikely to cause directly any meaningful …
Persistent link: https://www.econbiz.de/10010317396
This paper reviews the factors that will determine the shape of financial markets under EMU. It argues that financial …
Persistent link: https://www.econbiz.de/10009768844
Persistent link: https://www.econbiz.de/10010250291