for assessing this balance and applies it to four OECD economic areas: the euro area, Japan, the United Kingdom and the … the euro area and Japan. In the United Kingdom, the assessment is less clear cut. …

During the first two years of monetary union, the euro's weakness surprised most market participants. Explanations … empirical analysis showing that terms-of-trade and saving/investment behaviour seem to have driven the euro exchange rate over … view that towards the end of 2000, the euro was significantly undervalued ... …

for assessing this balance and applies it to four OECD economic areas: the euro area, Japan, the United Kingdom and the … the euro area and Japan. In the United Kingdom, the assessment is less clear cut.<P>Les avantages et coûts d'une politique … principales régions économiques de l’OCDE : les États-Unis, la zone euro, le Japon et le Royaume-Uni. L’efficacité d’un stimulus …

the Eurozone, TARGET2 (Trans-European Automated Real-Time Gross Settlement Express Transfer). They criticize it under … assistance to some European States in trouble against the interests of other States - chiefly Germany. The next point is in their … Eurozone countries, thereby putting deficit countries in a prominent position in terms of money creation within the Eurozone …

During the first two years of monetary union, the euro's weakness surprised most market participants. Explanations … empirical analysis showing that terms-of-trade and saving/investment behaviour seem to have driven the euro exchange rate over … view that towards the end of 2000, the euro was significantly undervalued ...<BR><P>Pendant les deux premières années de l …

Germany’s substantial current account surpluses are an ongoing subject of debate, both at the domestic and the European … consumption expenditures of an ageing population. This contribution gauges the profitability of Germany’s foreign wealth. It … greater benefits of a domestic investment offensive aiming to equip Germany for central long-term challenges. …