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Currency movements within and outside a currency union : the case of Germany and the euro area /Nikolaus Bartzsch, Gerhard Rösl and Franz Seitz
Bartzsch, Nikolaus; Rösl, Gerhard; Seitz, Franz - 2011
In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal methods. We draw a distinction between movements within Germany, circulation outside Germany but within the euro area and demand from non-euroarea countries. Our approach suggests...
Persistent link: https://www.econbiz.de/10010209428
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Is the Eurozone Not a Monetary Union, But an Extraordinary Exchange Rate Union?
Sauer, Beate - 2015
The Target imbalances within the Eurozone can be interpreted as a sign of a missing balance of payments adjustment … mechanism for the member countries. As the Eurozone lacks a fiscal union, in economic theory it is more an exchange rate union … payments, but only one for the whole Eurozone. This paper will show why the Target System is a crucial indicator for the …
Persistent link: https://www.econbiz.de/10013028252
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Fiscal transfers and common debt in a Monetary Union : a multi-country agent based-stock flow consistent model
Caiani, Alessandro; Catullo, Ermanno - 2023
Using a refined version of the multi-country AB-SFC model of a Monetary Union already presented in Caiani et al. (2018a, 2019) the paper aims at providing a tentative assessment of the economic effects of transforming the European Monetary Union into an Intergovernmental Fiscal Transfer Union...
Persistent link: https://www.econbiz.de/10014283578
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The demand for money for emu : a flexible functional form approach
Barnett, William A.; Gaekwad, Neepa B. - In: Open economies review 29 (2018) 2, pp. 353-371
Persistent link: https://www.econbiz.de/10012041284
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The demand for money for EMU : a flexible functional form approach
Barnett, William A.; Gaekwad, Neepa B. - 2017
Persistent link: https://www.econbiz.de/10011965698
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[Rezension von: Carlberg, Michael, Inflation in a monetary union, with 26 tables]
De Bonis, Valeria - In: The economic journal : the journal of the Royal … 113 (2003), pp. 678-680
Persistent link: https://www.econbiz.de/10001855259
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Money for the people : economic and monetary union
Cullen, Peter - In: Europe, policies and people : an economic perspective, (pp. 66-81). 2002
Persistent link: https://www.econbiz.de/10001937457
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Monetary reconstruction in Europe
Triffin, Robert - 1952
Persistent link: https://www.econbiz.de/10002924055
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Erm Money Supplies and the Transition to Emu
Cassard, Marcel - 2006
Stage 2 of monetary union in the Europe is to involve greater monetary cooperation; the paper examines the case for using the M3 money supply aggregated across quot;core ERMquot; countries--those with low inflation and absence of realignments--as a vehicle for that cooperation. First, the...
Persistent link: https://www.econbiz.de/10012781800