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The COVID-19 pandemic may lead to a resurgence of the euro crisis. In this context, Italy seems particularly vulnerable: support for the euro is lower than in most other eurozone countries, and a possible exit could have serious consequences for the common currency. Based on a novel survey...
Persistent link: https://www.econbiz.de/10012251893
Media coverage of monetary policy actions is a central channel of a central bank’s communication with the wider public, and thus an important factor for its credibility and policy effectiveness. This paper analyses the coverage which ECB monetary policy decisions receive in the print media,...
Persistent link: https://www.econbiz.de/10011604725
Elf Euroländer haben beschlossen, auf Basis eines EU-Richtlinienentwurfs eine Finanztransaktionssteuer einzuführen. Der Autor untersucht hier das zugrunde liegende Konzept und die Gestaltungsparameter. Die verzerrende Wirkung dieser Steuer hält er für gering, das Aufkommen wird wohl nicht...
Persistent link: https://www.econbiz.de/10010516335
Die Eurokrise und die Reaktion der Politik auf sie hat das Vertrauen der Bevölkerung in die gemeinsame Währung erschüttert. Um das Vertrauen in das Eurosystem neu aufzubauen, sind verschiedene Maßnahmen erforderlich: Regeln für Verlässlichkeit und gesellschaftliche Akzeptanz, Aussichten...
Persistent link: https://www.econbiz.de/10011307037
This paper estimates a simple univariate model of expectation or opinion formation in continuous time adapting a 'canonical' stochastic model of collective opinion dynamics (Weidlich and Haag, 1983; Lux, 1995, 2007). This framework is applied to a selected data set on survey-based expectations from...
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The last two decades have seen a substantial change in the basic philosophy underlying European transportation policy. Due to the Commission's efforts and due to supporting jurisdiction by the European Court of Justice the dominant approach to transportation policy has become far more market...
Persistent link: https://www.econbiz.de/10010296770
The existence of a European public sphere, a public network of exchange of opinions and ideas on political issues, has come to be seen as a prerequisite for the democratic legitimacy of the European Union. The paper conceptualizes the Europeanization of the national public spheres as a gradual...
Persistent link: https://www.econbiz.de/10010298148