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Convergence and anchoring of yield curves in the euro area
Ehrmann, Michael; Fratzscher, Marcel; Gürkaynak, Refet S. - 2007
We study the convergence of European bond markets and the anchoring of inflation expectations in euro area countries using high-frequency bond yield data for France, Germany, Italy and Spain. We find that Economic and Monetary Union (EMU) has led to substantial convergence in euro area sovereign...
Persistent link: https://www.econbiz.de/10003554986
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EMU: the last stand for the policy convergence hypothesis?
Bearce, David H. - In: EMU and political science : what have we learned?, (pp. 95-113). 2010
Persistent link: https://www.econbiz.de/10003961177
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Die Währungsunion in der Finanzkrise und die Rolle der Fiskalpolitik
Crespo Cuaresma, Jesús; Fernández Amador, Octavio; … - In: Die Finanzkrise aus internationaler und …, (pp. 95-114). 2011
Persistent link: https://www.econbiz.de/10009377273
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Convergence and anchoring of yield curves in the Euro area
Ehrmann, Michael; Fratzscher, Marcel; Gürkaynak, Refet S. - In: The review of economics and statistics 93 (2011) 1, pp. 350-364
Persistent link: https://www.econbiz.de/10009161695
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Convergence of monetary transmission in EMU new evidence
Toolsema-Veldman, Linda Adriana; Sturm, Jan-Egbert; … - 2001
This paper examines how the pass-through of monetary policy measures in 6 EMU countries has evolved over time and whether there is convergence in monetary transmission. The countries included are: Belgium, France, Germany, Italy, the Netherlands and Spain, and the sample period is 1980-2000. We...
Persistent link: https://www.econbiz.de/10011398432
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Are proposed African monetary unions optimal currency areas? : real, monetary and fiscal policy convergence analysis
Asongu, Simplice - In: African journal of economic and management studies : AJEMS 5 (2014) 1, pp. 9-29
Persistent link: https://www.econbiz.de/10010376509
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Geldpolitik im heterogenen Währungsraum und die offene Frage der Konvergenz
Afflatet, Nicolas - In: Wirtschaftsdienst : Zeitschrift für Wirtschaftspolitik 96 (2016) 3, pp. 193-197
Innerhalb einer Währungsunion ist eine souveräne nationale Geldpolitik nicht möglich. Solange die einzelnen Länder sich … in verschiedenen ökonomischen Situationen befi nden, wirkt sich auch die gemeinsame Geldpolitik unterschiedlich aus. Sind … die Länder zu heterogen, kann die gemeinsame Geldpolitik zu verstärkter Divergenz führen. Der Autor hat die Entwicklung …
Persistent link: https://www.econbiz.de/10011440590
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Adopting the euro : a long path towards national consensus within the euro area candidate countries
Criste, Adina - In: Acta Universitatis Danubius / Oeconomica 11 (2015) 3, pp. 161-172
Persistent link: https://www.econbiz.de/10011513104
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How bad is divergence in the Euro-zone? : lessons from the United States of America and Germany
Dullien, Sebastian; Fritsche, Ulrich - 2006 - This version: October 06
This paper compares relative unit labour cost developments in the countries of the euro-area since the beginning of the European Monetary Union (EMU) both with historical developments and with intra-regional unit labour cost developments in the United States of America and Germany. To this end,...
Persistent link: https://www.econbiz.de/10010426369