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Regional integration and the euro crisis : problems and solutions

Pessoa, Argentino - 2013

Along time the European Union (EU) has been pointed as the most succeeded example of regional integration. Now, this example has been cruelly shaken by the EZ (Euro Zone) crisis, originating increasing doubts about the integration process. It is evident that the proposed solutions for attacking...

Persistent link: https://www.econbiz.de/10011515832

Sovereign spreads and financial market behaviour before and during the crisis

Gajewski, Paweł - In: Revista de economía mundial : REM ; revista de la … 42 (2016), pp. 43-66

Persistent link: https://www.econbiz.de/10011812621

The EMU and labor market politics : an update

Popescu, Gheorghe H.; Alpopi, Cristina - In: Economics, management and financial markets 12 (2017) 2, pp. 81-87

Persistent link: https://www.econbiz.de/10011885724

Fiscal discipline in EMU? : testing the effectiveness of the excessive deficit procedure

Jong, Jasper de; Gilbert, Niels - 2018

Persistent link: https://www.econbiz.de/10011915307

A euro area macroeconomic stabilisation function : assessing options in view of their redistribution and stabilisation properties

Koester, Gerrit (contributor); Sondermann, David (contributor) - Europäische Zentralbank / Task Force on Systemic Liquidity - 2018

central role in the debate on deepening Economic and Monetary Union (EMU). We evaluate a broad range of options, their impact …

Persistent link: https://www.econbiz.de/10011926383

Towards a fiscal union? : on the acceptability of a fiscal transfer system in the eurozone

Hebous, Shafik; Weichenrieder, Alfons J. - 2015

There is a large, but yet growing debate about the need to complement the European monetary union with a stronger fiscal union. This paper reviews the potential trade-offs between effectiveness, moral hazard problems, and permanent redistribution. In particular, we contribute to the question of...

Persistent link: https://www.econbiz.de/10011317737

Which is the optimal fiscal rule in a monetary union? : targeting the structural, the global budgetary deficit, or the public debt?

Menguy, Séverine - In: Cogent economics & finance 2 (2014) 1, pp. 2-20

The aim of our paper is to contribute to the debate on optimal fiscal rules in a monetary union: in terms of global budgetary deficit, of structural budgetary deficit, or of public debt. Indeed, these rules seem to be mixed in the framework of the European Economic and Monetary Union, with the...

Persistent link: https://www.econbiz.de/10010482338

Analysis of fiscal rules in the European Monetary Union

Šehović, Damir - In: Journal of central banking theory and practice 4 (2015) 1, pp. 19-33

Persistent link: https://www.econbiz.de/10010486417

Keynesian, non-Keynesian or no effects of fiscal policy changes? : the EMU case

Aarle, Bas van - 2001

period to the Economic andMonetary Union (EMU). Using several approaches suggested in the literatureon fiscal adjustments and … their macroeconomic effects and in the literatureon EMU, we analyze the effects of the fiscal adjustments during this … periodon private consumption. Thereby, we also take the specific context of thetransition towards EMU explicitly into …

Persistent link: https://www.econbiz.de/10011400376

Is fiscal policy coordination in EMU desirable?

Beetsma, Roel; Debrun, Xavier; Klaassen, Franc - 2001

It is widely argued that Europe's unified monetary policy calls for the international coordination at the fiscal level. We survey the issues involved with such coordination of fiscal policy as a demand management tool and we use a simple model to investigate the circumstances under which...

Persistent link: https://www.econbiz.de/10011400878