Narrow search
Showing 1 - 10 of 799
Cover Image
After 25 years as faithful members of the EU : public support for the euro and trust in the ECB in Austria, Finland and Sweden
Roth, Felix; Jonung, Lars - 2020
Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in …. Support for the euro in the two euroarea members Austria and Finland has remained high and relatively stable since the … physical introduction of the new currency nearly 20 years ago, while the euro crisis significantly reduced support for the euro …
Persistent link: https://www.econbiz.de/10012269193
Cover Image
Public support for the euro and trust in the ECB : the first two decades of the common currency
Roth, Felix; Jonung, Lars - 2019
This paper examines the evolution of public support for the euro since its introduction as a virtual currency in 1999 … popularity o f the euro. We find that a majority of citizens support the e uro in each individual member country of the e uro a … econometric work demonstrates that unemployment is a key driver of support behind the euro. Given these developments, w e discuss …
Persistent link: https://www.econbiz.de/10012007047
Cover Image
The working of the eurosystem - monetary policy preparations and decision-making – selected issues
Moutot, Philippe; Jung, Alexander; Mongelli, Francesco Paolo - 2008
-making, and thereby facilitates the maintenance of price stability in the euro area. A fully-fledged committee structure has also … contributed to the smooth integration of non-euro area Member States into the Eurosystem’s monetary policy decision-making process. …
Persistent link: https://www.econbiz.de/10011606231
Cover Image
Labour market reform and the sustainability of exchange rate pegs
Castrén, Olli; Takalo, Tuomas; Wood, Geoffrey - 2004
It is commonly thought that an open economy can accommodate output shocks through either exchange rate or real sector adjustments. We formalise this notion by incorporating labour market rigidities into an “escape clause” model of currency crises. We show that the absence of structural...
Persistent link: https://www.econbiz.de/10009639466
Cover Image
Should larger reserve holdings be more diversified?
Beck, Roland; Weber, Sebastian - 2010
The notable increase in international reserve holdings over the past decade and their use during the global financial crisis of 2008/2009 has sparked renewed interest in the analysis of the optimal level of reserve holdings, in particular in countries which are subject to sudden stops. Less...
Persistent link: https://www.econbiz.de/10009640347
Cover Image
The development of monetary policy in the 20th century – some reflections
Issing, Otmar - 2010
In this paper I outline – from a practitioner’s as well as from a researcher’s perspective – several of the key developments that took place during the last century in monetary policy. In particular, I describe how the monetary system evolved from gold standard, prevailing throughout...
Persistent link: https://www.econbiz.de/10011506706
Cover Image
Is there a need for a coded language in central banking?
Muchlinski, Elke - 2009
Persistent link: https://www.econbiz.de/10003825008
Cover Image
175 years of financial risks and returns in central banking
Abildgren, Kim - 2016
Central banks around the world have substantial domestic and foreign financial assets and liabilities on their balance sheets reflecting their role as monetary authorities. This paper explores the long-term trends in risk and return in central banking using the central bank of Denmark, Danmarks...
Persistent link: https://www.econbiz.de/10011439749
Cover Image
Monetary-Labor Interactions, International Monetary Regimes, and Central Bank Conservatism
Cuciniello, Vincenzo - 2011
A two-country general equilibrium model with large wage setters and conservative monetary authorities is employed to investigate the welfare implications of three international monetary regimes: i) non-cooperative, ii) cooperative, and iii) monetary union. The analysis shows that the unions'...
Persistent link: https://www.econbiz.de/10013134305
Cover Image
The Development of Monetary Policy in the 20th Century – Some Reflections
Issing, Otmar - 2010
In this paper I outline – from a practitioner's as well as from a researcher's perspective – several of the key developments that took place during the last century in monetary policy. In particular, I describe how the monetary system evolved from gold standard, prevailing throughout most of...
Persistent link: https://www.econbiz.de/10013137923