The current Covid-19 Crisis 2020 has hit the Eurozone in a highly fragile situation, with a weak and asymmetric recovery from the Great Financial Crisis, the Great Recession and the following Eurozone Crisis. These crises have also revealed the weaknesses of the macroeconomic policy institutions...

Chapter 1 Introducing Pandemic Crisis -- Chapter 2 Migration and Welfare-State Policy -- Chapter 3 Globalization and Welfare-State Policy -- Chapter 4 Free Migration: Israel’s Experience -- Chapter 5 Globalization: Israel’s Experience -- Chapter 6 Federal Systems: US-EU Comparison.

The main aim of this paper is to empirically test the endogenous money hypothesis for the Eurozone. Based on data on loans to private sector, deposits, monetary aggregates, prices and GDP we use three empirical approaches to test the hypothesis: (i) moving correlation; (ii) Granger causality...