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From convergence to crisis : labor markets and the instability of the euro

Johnston, Alison - 2016

Incomplete monetary union and Europe's current crisis -- From order to disorder : how monetary union changed national labor markets -- Monetary regimes, sectoral wage relations and the current account crisis in the EMU south : empirical evidence -- National central banks promoting inflation...

Persistent link: https://www.econbiz.de/10011503486

From convergence to crisis : labor markets and the instability of the euro

Johnston, Alison - 2016 - 1st ed

What explains Eurozone member-states' divergent exposure to Europe's sovereign debt crisis? Deviating from current …

Persistent link: https://www.econbiz.de/10011684238

Current accounts in the eurozone countries : the role of euro, fiscal policies and financial developments

Baxa, Jaromír; Olešňaník, Tomáš - 2014

Should we blame the euro for widening of current account deficits in the EMU? In this paper, we employ time-specific fixed effect estimator to study determinants of the current account deficits of the EU countries before and after adoption of the euro. Our aim is to assess to what extent the...

Persistent link: https://www.econbiz.de/10010429941

Going forward from B to A? : proposals for the Eurozone crisis

Amato, Massimo; Fantacci, Luca; Papadimitriou, Dimitri Basil - In: Economies : open access journal 4 (2016) 3, pp. 1-14

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 …

Persistent link: https://www.econbiz.de/10011542675

Going forward from B to A? : proposals for the Eurozone crisis

Amato, Massimo; Fantacci, Luca; Papadimitriou, Dimitri Basil - 2016

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 to eurozone institutions and the International Monetary Fund. We show … that the introduction of fiscal currencies would speed up the recovery, without violating the rules of eurozone treaties …

Persistent link: https://www.econbiz.de/10011481615