Creel, Jérôme; Laurent, Éloi; Cacheux, Jacques Le - In: Revue de l'OFCE n° 102 (2007) 3, pp. 249-281
Economic performance has been feeble in the Euro area since the monetary union process was put in motion in the early 1990s. While the cause for this under-performance remains subject to debate, we argue in this paper that the rules and institutions governing the Euro area are clearly not...
