should be considered. Based on this view macroeconomic performance and macroeconomic policies in France, Germany, Sweden and …

Highlighting that France and Germany held largely contradicting hopes and aspirations for Europe's common currency … to resolve it. While Germany generally prevailed in hammering out the design of the euro policy regime, the German … that others behave differently cannot be made to work by forcing everyone to behave like Germany. This fundamental …

countries - Germany and France - on the domestic and foreign economy. We test the implications of the gains in matching …

followed neutral policies based on expenditure rules since the start of EMU. It also calculates the implications for debt … trends. It finds that, all sample countries except Germany applied expansionary expenditure policies. This resulted in much … higher expenditure and debt paths compared to a counterfactual neutral expenditure stance. Simple and prudent rules …

Highlighting that France and Germany held largely contradicting hopes and aspirations for Europe's common currency … to resolve it. While Germany generally prevailed in hammering out the design of the euro policy regime, the German … that others behave differently cannot be made to work by forcing everyone to behave like Germany. This fundamental …

followed neutral policies based on expenditure rules since the start of EMU. It also calculates the implications for debt … trends. It finds that, all sample countries except Germany applied expansionary expenditure policies. This resulted in much … higher expenditure and debt paths compared to a counterfactual neutral expenditure stance. Simple and prudent rules …