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National and Regional Solutions to Global Challenges Problems of Monetary Policies and Regional Monetary Cooperation in East Asia and the European Union

Kalinowski, Thomas - 2012

This paper presents some thoughts on what we can learn from investigating European and East Asian monetary policies and monetary cooperation in historical comparative perspective. This fresh approach to the ongoing global and regional crises highlights the necessity to view problems of national...

Persistent link: https://www.econbiz.de/10014163943

Lessons of the European Crisis for Regional Monetary and Financial Integration in East Asia

Volz, Ulrich - 2012

The debt crisis in several member states of the euro area has raised doubts on the viability of European Economic and Monetary Union (EMU) and the future of the euro. While the launch of the euro in 1999 stirred a lot of interest in regional monetary integration and even monetary unification in...

Persistent link: https://www.econbiz.de/10013110301

Europe and the Future of International Monetary Law

Feibelman, Adam - 2013

Persistent link: https://www.econbiz.de/10013086690

The Fragility of Two Monetary Regimes : The European Monetary System and the Eurozone

De Grauwe, Paul - 2013

We analyze the similarities and the differences in the fragility of the European Monetary System (EMS) and the Eurozone … foreign exchange markets while in the Eurozone it was the absence of a lender of last resort in the long-term government bond … Eurozone the roles were reversed. The national central banks that became part of the Eurosystem were strengthened …

Persistent link: https://www.econbiz.de/10013074520

Monetary Union and the Need for Reserves

Mushin, Jerry - 2010

Persistent link: https://www.econbiz.de/10013149218

The Euro Goes East : Implications of the 2000-2002 Economic Slowdown for Synchronisation of Business Cycles between the Euro Area and Ceecs

Fidrmuc, Jarko - 2017

We assess the correlation of supply and demand shocks between current countries in the euro area and EU accession candidates from 1993/1995 to 2002.Supply and demand shocks are recovered from estimated structural VAR models of output growth and inflation. Notably, the economic slowdown between...

Persistent link: https://www.econbiz.de/10012963432

Korhonen, Iikka; Fidrmuc, Jarko - 2007

We assess the correlation of supply and demand shocks between the countries of the euro area and the accession countries in the 1990s. Shocks are recovered from estimated structural VAR models of output growth and inflation. We find that some accession countries have a quite high correlation of...

Persistent link: https://www.econbiz.de/10014108564

Has Eurozone Converged toward Germany or United States? A View from Optimum Currency Areas Framework

Quah, Chee-Heong - 2011

This study inspects if there is greater convergence with Germany amongst the eurozone founding members and if their …

Persistent link: https://www.econbiz.de/10014184629

Eastern Enlargement of the European Monetary Union : An Optimal Currency Area-Theory View

Mahlberg, Bernhard - 2012

An Optimum Currency Area (OCA) is characterized by a group of countries for which forgoing the exchange rate mechanism, as an instrument of correcting asymmetric shocks, is compensated by other economic policy instruments. In this paper, we address the issue whether the CEEC are a part of a...

Persistent link: https://www.econbiz.de/10013111188

The Euro Goes East Implications of the 2000-2002 Economic Slowdown for Synchronisation of Business Cycles between the Euro Area and CEECs

Fidrmuc, Jarko; Korhonen, Iikka - 2007

We assess the correlation of supply and demand shocks between current countries in the euro area and EU accession candidates from 1993/1995 to 2002. Supply and demand shocks are recovered from estimated structural VAR models of output growth and inflation. Notably, the economic slowdown between...

Persistent link: https://www.econbiz.de/10014224096