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Better off without the euro? : structural VAR assessment of European monetary policy

Fritsche, Jan Philipp; Harms, Patrick Christian - 2020

Modern OCA theory has developed different conclusions on when forming a currency union is beneficial. An important pragmatic question in this context is: Did delegating monetary policy to the ECB increase stress in the individual euro area countries? An SVAR analysis reveals that monetary stress...

Persistent link: https://www.econbiz.de/10012301359

20 years of common European monetary policy : reasons to celebrate

Fritsche, Jan Philipp; Harms, Patrick Christian - In: DIW weekly report : economy, politics, science : a … 9 (2019) 20/21, pp. 179-187

Twenty years after the introduction of the euro, this Weekly Report uses an empirical analysis to assess the performance of monetary policy in the EMU founding states. It is often claimed that the monetary policy of the European Central Bank (ECB) cannot outperform its national predecessors, as...

Persistent link: https://www.econbiz.de/10012007718

Cross-border banking and macroprudential policies inasymmetric monetary unions

Dräger, Lena; Proaño Acosta, Christian - In: Macroeconomic dynamics 24 (2020) 2, pp. 255-290

Persistent link: https://www.econbiz.de/10012193884

Optimal Currency Areas and the Euro, Volume II : Capital and Labor Mobility

Dreyer, Johannes Kabderian; Schmid, Peter Alfons - 2023

This book makes a unique contribution to the assessment of Eurozone’s foundations and viability by drawing on factor … mobility. It makes essential reading for all professionals keen in Eurozone economics and anyone with a genuine interest on the … future of EU/Eurozone. Static and dynamic econometric analysis provide an excellent guide to quants specialists and at the …

Persistent link: https://www.econbiz.de/10014333795

Jump-starting the euro area recovery : would a rise in core fiscal spending help the periphery?

Blanchard, Olivier; Erceg, Christopher J.; Lindé, Jesper - 2015

Persistent link: https://www.econbiz.de/10011332924

Jump-starting the euro area recovery : would a rise in core fiscal spending help the periphery?

Blanchard, Olivier; Erceg, Christopher J.; Lindé, Jesper - 2015

Persistent link: https://www.econbiz.de/10011317778

Can the euro be saved? : an analysis of the future of the currency union

Stiglitz, Joseph E. - In: Rivista di politica economica 103 (2014) 7/9, pp. 7-42

Persistent link: https://www.econbiz.de/10010434176

Jump-starting the euro area recovery : would a rise in core fiscal spending help the periphery?

Blanchard, Olivier; Erceg, Christopher J.; Lindé, Jesper - 2015

We show that a .scal expansion by the core economies of the euro area would have a large and positive impact on periphery GDP assuming that policy rates remain low for a prolonged period. Under our preferred model speci.cation, an expansion of core government spending equal to one percent of...

Persistent link: https://www.econbiz.de/10011294265

Disinflation and economic integration in emerging European economies

Novák, Zsuzsanna - In: International journal of diplomacy and economy 2 (2014) 1/2, pp. 84-101

Persistent link: https://www.econbiz.de/10010395313

Evolution of central banking : some observations

Branca, Federica; Miquel-Flores, Ixart; Mongelli, … - In: 50 years of central banking in Kenya : regional and …, (pp. 68-85). 2021

Persistent link: https://www.econbiz.de/10012806405