Showing 1 - 10 of 3,337
Persistent link: https://www.econbiz.de/10010483139
, the eurozone and beyond. We argue genesis of this crisis lies in the integration negotiations of 1991, ratified in 1992 …. These produced a flawed economic model within the eurozone. Given the seeds of decay were planted at origin; we argue the … solution can be found through a reconstructed eurozone via looser integration, where countries less equipped to deal with the …
Persistent link: https://www.econbiz.de/10011449877
Persistent link: https://www.econbiz.de/10010193288
Persistent link: https://www.econbiz.de/10011597164
Persistent link: https://www.econbiz.de/10011833794
Persistent link: https://www.econbiz.de/10011891397
Persistent link: https://www.econbiz.de/10012172618
This study investigates the impact of central bank digital currencies (CBDCs) on monetary policy flexibility, the effective lower bound (ELB), and negative interest rate policies (NIRPs), specifically in the case of the digital euro (DE). Through a combination of theoretical modeling and...
Persistent link: https://www.econbiz.de/10014636057
We know that euro-area member countries have absorbed asymmetric shocks in ways that are inconsistent with a common nominal anchor. Based on a reformulation of the gravity model that allows for such bilateral misalignment, we disentangle the conventional trade cost channel and trade effects...
Persistent link: https://www.econbiz.de/10010300380
Der Beitrag analysiert die inner-europäischen Leistungsbilanzungleichgewichte auf der Grundlage der Theorie der optimalen Währungsräume. Wir zeigen, dass die deutsche Wiedervereinigung nicht nur zur EWS-Krise 1992/93 führte, sondern auch der Ursprung der derzeitigen europäischen...
Persistent link: https://www.econbiz.de/10010305581