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Währungsreformen 1948 und 1990. …
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fraction of people that argument in favour of an exit strategy of Germany from the European monetary union (EMU) or even the … break-up of the EMU in total. This paper investigates for the case of Germany, whether or not a return to a new deutsche … quantitative results of the computed projection shows, that a return to a national currency would lower Germany's growth path …
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The estimation of an ordered probit model for currency reforms trying to end 31 hyperinflations and three big inflations of the 20th century shows that the introduction of an independent central bank and the adoption of a credibly fixed exchange rate are crucial for the success of a currency...
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The sovereign money initiative will be submitted to the Swiss people in 2018. This paper reviews the arguments behind the initiative and discusses its potential impact. I argue that several arguments are inconsistent with empirical evidence or with economic logic. In particular, controlling...
Persistent link: https://www.econbiz.de/10011963055
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The Sovereign Money Initiative will be submitted to the Swiss people in 2018. This paper reviews the arguments behind the initiative and discusses its potential impact. I argue that several arguments are inconsistent with empirical evidence or with economic logic. In particular, controlling...
Persistent link: https://www.econbiz.de/10011762268