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This paper explores the impact of Europe's existing institutional framework on the degree of macroeconomic disparity in … imbalances at the expense of Europe's least developed nations. While giving rise to substantial costs and risks for these … its consideration would be a reappraisal - on a negotiated and collectively approved basis - of certain aspects of Europe …
Persistent link: https://www.econbiz.de/10010820641
Para superar la crisis, los Estados miembros de la zona euro se han embarcado en el camino de la austeridad fiscal y la … deudas públicas continúan en aumento, la zona euro está en recesión, el aumento del desempleo masivo aumenta la pobreza y la … estructurales e institucionales del euro. Sino al contrario, las acentúan. En este contexto de moneda incompleta, mostramos que hay …
Persistent link: https://www.econbiz.de/10010820679
, but also outside, the euro area. Despite less asymmetry in shock asymmetry since 1999, new statistical tests support the …
Persistent link: https://www.econbiz.de/10010821176
the euro-dollar exchange rate, within a threecountry, three-currency portfolio model. Our static model shows that the … euro-dollar rate, whatever the exchange-rate regime of China. Moving to a dynamic, stockflow framework, we show that the …
Persistent link: https://www.econbiz.de/10010775792
their volatility on trade flows in China, the Euro area and the United States in two broadly defined sectors, agriculture on …
Persistent link: https://www.econbiz.de/10010899210
Alors qu'il n'est plus inconvenant d'imaginer une sortie de la Grèce, voire d'autres pays, de la Zone euro, on ne peut …
Persistent link: https://www.econbiz.de/10010899617
the euro-dollar exchange rate, within a threecountry, three-currency portfolio model. Our static model shows that the … euro-dollar rate, whatever the exchange-rate regime of China. Moving to a dynamic, stockflow framework, we show that the …
Persistent link: https://www.econbiz.de/10011026164
La zone Euro est aujourd'hui clairement en crise. Cependant, la crise de liquidité qu'elle subit actuellement, pour … concluons que c'est un projet mort-né. Ceci ne laisse à la Zone Euro que des politiques de déflation salariale qui ne sont en …. Dans cette situation, la seule option raisonnable reste le démontage coordonné de la zone Euro. …
Persistent link: https://www.econbiz.de/10010553380
The recent sovereign debt crisis in Europe, now a Eurozone crisis, has prompted a growing awareness of the disparities … accumulation of imbalances to the disadvantage of countries in Southern Europe, with the Eurozone tending to split into two groups …, north and south. The present study explores the impact of Europe's existing institutional framework on the degree of …
Persistent link: https://www.econbiz.de/10010711789
qu'il est le premier depuis que l'euro existe en tant que monnaie unique des pays membres de l'Union européenne. Ma … contribution analyse les conséquences de cet élargissement sur l'euro, dès avant la phase d'accession, pendant cette phase - la … Actes qui ont suivi :- The Euro Zone and the Single Currency in an Enlarging European Union, in N. NEUWAHL (éd.), European …
Persistent link: https://www.econbiz.de/10008792209