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Unholy compromise in the Eurozone and how to mend it
Micossi, Stefano - 2012
This paper reviews the causes of the ongoing crisis in the eurozone and the policies needed to restore stability in …
Persistent link: https://www.econbiz.de/10010432518
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EMU and the cyclical behavior of fiscal policy : a suggested interpretation
Landmann, Oliver - 2014 - Rev.
to pursue stability for the aggregate eurozone, fiscal policies failed to contain macroeconomic divergence across the …
Persistent link: https://www.econbiz.de/10010401689
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The fragility of two monetary regimes : the European monetary system and the Eurozone
Ji, Yuemei; De Grauwe, Paul - 2013
We analyze the similarities and the differences in the fragility of the European Monetary system (EMS) and the Eurozone … foreign exchange markets while in the Eurozone it was the absence of a lender of last resort in the long-term government bond … Eurozone the roles were reversed. The national central banks that became part of the Eurosystem were strengthened. This came at …
Persistent link: https://www.econbiz.de/10010210104
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Transcript of a hearing before members of the House of Lords (UK) in Frankfurt on genuine economic and monetary union and its implication for the UK
Issing, Otmar; Krahnen, Jan Pieter - 2014
On November 8, 2013, several members of the British House of Lords' Subcommittee A conducted a hearing at the ECB in Frankfurt, Germany, on "Genuine Economic and Monetary Union and its Implications for the UK". Professors Otmar Issing and Jan Pieter Krahnen were called as expert witnesses. The...
Persistent link: https://www.econbiz.de/10010472908
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Who is afraid of eurobonds?
Bianchi, Francesco; Melosi, Leonardo; Rogantini Picco, Anna - 2023
Persistent link: https://www.econbiz.de/10014327803
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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 the European Central Bank (ECB) have evolved in these three countries since their introduction at the turn of the century. Support for the euro in the two euroarea members...
Persistent link: https://www.econbiz.de/10012269193
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Heterogeneous rental markets in a DSGE model of the euro area
Hirsch, Patrick - 2019
The euro area economies are bound together by monetary policy while still inhibiting many heterogeneities. Amongst them the share of homeowners. This paper presents a medium scale New Keynesian DSGE model of the euro area with an extensive housing market which explicitly models endogenous tenure...
Persistent link: https://www.econbiz.de/10012314677
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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
Persistent link: https://www.econbiz.de/10012511043
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Passive monetary policy and active fiscal policy in a monetary union
Maćkowiak, Bartosz; Schmidt, Sebastian - 2022
Persistent link: https://www.econbiz.de/10012816964
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Public and private risk sharing : friends or foes : the interplay between different forms of risk sharing
Giovannini, Alessandro; Ioannou, Demosthenes; Stracca, Livio - 2022
Well-functioning risk-sharing arrangements are essential for the shock absorbing capacity and resilience of an economy, even more so for countries in a monetary union where the single monetary policy is unable to address asymmetric shocks. The common shocks that euro area member states have been...
Persistent link: https://www.econbiz.de/10013256112