Showing 1 - 10 of 14
Persistent link: https://www.econbiz.de/10009697974
Persistent link: https://www.econbiz.de/10001507591
Persistent link: https://www.econbiz.de/10000996799
Persistent link: https://www.econbiz.de/10001604333
Persistent link: https://www.econbiz.de/10001691378
Persistent link: https://www.econbiz.de/10001926273
We examine the popular recipe in the title by means of an AD-LM-AS two-country model of the EMU, controlling for asymmetry in demand and supply shocks and in the monetary-policy transmission mechanism. Unless structural symmetry holds and symmetric shock occurs, national automatic stabilizers,...
Persistent link: https://www.econbiz.de/10014098407
Persistent link: https://www.econbiz.de/10009232003
Persistent link: https://www.econbiz.de/10003441486
The 'Five Presidents Report' cited in the title acknowledges that an important driver of the European economic crisis has been the faulty original design of the Monetary Union, and that substantial steps are urgently needed towards the creation of truly supranational institutions. Yet,...
Persistent link: https://www.econbiz.de/10011642002