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Was ECB's Monetary Policy Optimal?
Breuss, Fritz - 2002
Overall, the ECB managed monetary policy quite satisfactory in the first phase of EMU. Nevertheless, this paper asks …
Persistent link: https://www.econbiz.de/10011435104
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One Money, One Cycle? The EMU Experience
Gächter, Martin; Riedl, Aleksandra - 2013
We examine whether the introduction of the euro had a significantly positive impact on the synchronization of business … cycles among members of Economic and Monetary Union (EMU) which might arise due to the lack of country-specific monetary … policy shocks in the euro area. Empirical evidence on this relationship is rare so far and su ers from methodical weaknesses …
Persistent link: https://www.econbiz.de/10013370103
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One money, one cycle? : The EMU experience
Gächter, Martin; Riedl, Aleksandra - In: Journal of macroeconomics 42 (2014), pp. 141-155
Persistent link: https://www.econbiz.de/10011286625
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Has the Euro changed the business cycle?
Enders, Zeno; Jung, Philip; Müller, Gernot J. - In: European economic review : EER 59 (2013), pp. 189-211
Persistent link: https://www.econbiz.de/10009723952
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Why democracy is essential to monetary stability : and why EMU will have neither
Homburg, Stefan - 1997
The article points out that monetary stability does not hinge upon formal central bank independence. The reason is that the legislator can easily restrict that independence by changing the law. Because the EU council as the true legislator does not face effective supervision by the citizens it...
Persistent link: https://www.econbiz.de/10010373533
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Was ECB's monetary policy optimal?
Breuss, Fritz - 2002
Overall, the ECB managed monetary policy quite satisfactory in the first phase of EMU. Nevertheless, this paper asks …
Persistent link: https://www.econbiz.de/10011492736
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Germany versus the United States : monetary Dominance in the Eurozone
Quah, Chee Heong - In: Economies : open access journal 4 (2016) 2, pp. 1-16
This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their relations with the hegemonic economy have been more symmetrical after "euroization". The dimensions explored are those inspired by the optimum currency areas (OCA) framework. To...
Persistent link: https://www.econbiz.de/10011499412
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Adopting the euro will cause an increase in prices : a study on inflationary processes in euro area member states
Nowaczyk, Piotr; Hernik, Joanna - In: European research studies 23 (2020) 4, pp. 377-403
Persistent link: https://www.econbiz.de/10012511223
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Stabilność finansowa w strefie euro
Zielińska, Klaudia - In: Comparative economic research : Central and Eastern Europe 19 (2016) 1, pp. 155-175
Persistent link: https://www.econbiz.de/10011598072
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Stabilność finansowa w strefie euro
Zielińska, Klaudia - In: Comparative economic research : Central and Eastern Europe 19 (2016) 1, pp. 157-177
Financial stability inside the European Monetary Union (EMU) is a trendy topic in most developed countries around the … world. From the moment the EMU was brought to life, there was much speculation about its imperfections, inadequate … debt crisis has demonstrated inadequacies in the EMU’s structure and proved that a higher degree of integration is …
Persistent link: https://www.econbiz.de/10011869426