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Is the view from the Eurotower purely European? : national divergence and ECB interest rate policy

Heinemann, Friedrich; Hüfner, Felix - 2002

The official view on ECB monetary policy claims that monetary decisions are based solely on average data for the euro … zone and that diverging regional developments are disregarded. However, experience from other two tier central banks and … offer some first weak support for an impact of regional divergence in ECB decision making. The results further clarify that …

Persistent link: https://www.econbiz.de/10011447829

The EMU consolidation game - or: does 3.0 really mean 3.0?

Heinemann, Friedrich - 1998

Within the economic profession, it is a widely held view that the fiscal criteria of the Maastricht treaty are arbitrary numbers without economic foundation. Much of this criticism seems to overlook an important aspect - the strategic dimension of the criteria. This paper focuses on one...

Persistent link: https://www.econbiz.de/10011441024

EMU and fiscal discipline : the end of the depreciation threat

Heinemann, Friedrich - 1998

Are the characteristics of the exchange rate regime relevant for the degree of fiscal discipline? What are the conclusions for fiscal behavior in Europe after the transition to EMU? These are the central questions that are analyzed in this paper from a theoretical point of view. After a general...

Persistent link: https://www.econbiz.de/10011441669

Capital mobility within EMU

Stirböck, Claudia; Heinemann, Friedrich - 1999

in the Eurozone. It is the aim of this paper to assess the likely degree of capital mobility in the FH sense within EMU …

Persistent link: https://www.econbiz.de/10011442627

The EMU consolidation game - or: Does 3.0 really mean 3.0?

Heinemann, Friedrich - 1998

Persistent link: https://www.econbiz.de/10013428121

EMU and fiscal discipline: the end of the depreciation threat

Heinemann, Friedrich - 1998

Persistent link: https://www.econbiz.de/10013428171

Capital mobility within EMU

Stirböck, Claudia; Heinemann, Friedrich - 1999

in the Eurozone. It is the aim of this paper to assess the likely degree of capital mobility in the FH sense within EMU …

Persistent link: https://www.econbiz.de/10013428227

Exchange rate regimes and fiscal discipline in OECD countries

Heinemann, Friedrich - 1999

Since the start of EMU national fiscal policy in the Eurozone can be conducted almost without paying any attention to … not economic necessity have dictated the consolidation in the EU during the 90s. …

Persistent link: https://www.econbiz.de/10000683878

Reconciling insurance with market discipline : a blueprint for a European fiscal union

Dolls, Mathias; Fuest, Clemens; Heinemann, Friedrich; … - 2016

This contribution develops a blueprint for a European fiscal union. We argue that a viable European fiscal union can be constructed without joint liability for public debt or a centralized government with a large common budget. Such a fiscal union should combine elements of market discipline...

Persistent link: https://www.econbiz.de/10011431564

European Monetary Union reform preferences of French and German parliamentarians

Blesse, Sebastian; Boyer, Pierre C.; Heinemann, Friedrich; … - 2017 - This version: February 12, 2019

We analyze data from an author‐conducted survey of members of the French and German parliaments on European Monetary Union reform preferences. We consider three potential drivers of preferences: nationality, ideology, and personal characteristics. For European Monetary Union policies like...

Persistent link: https://www.econbiz.de/10011977499

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