Aspekti Publìčnogo Upravlìnnâ, 2015 The article deals with the proposals recently put forward by government ministers of Germany and France S. Gabriel and E. Macron on radically deep integration of eurozone Member-states. A stronger eurozone should be the core of a deepened EU.
O. M. Rudik
doaj
Agreement needed on liquidity provision to restore confidence in the eurozone. CEPS Policy Brief No. 258, November 2011 [PDF]
, 2011 The multiple attempts to restore confidence in the eurozone over the 18 months that have passed since the first Greek rescue in May 2010, have clearly failed. Indeed, following each round of emergency measures agreed by the eurozone summits, matters have
Micossi, Stefano.
core
An Empirical Analysis of Institutional Coevolution in the European Union
Kyklos, EarlyView.ABSTRACT Institutional effectiveness is widely considered an important factor for the success of the European integration process. The article investigates how the coevolution of formal and informal institutions influenced economic performance within the European Union from 1980 to 2019.
Sara Casagrande, Bruno Dallago
wiley +1 more source
This time truly is different: The cyclical behaviour of fiscal policy during the Covid-19 crisis. [PDF]
J Macroecon, 2023 Heimberger P.
europepmc +1 more source
How Europe Can Muddle Through Its Crisis [PDF]
Europe's financial market contagion is infecting systemically important eurozone members, causing a rise in demands that European policymakers make greater strides toward solutions.
Jacob Funk Kirkegaard
core
Eurozone as home country of banks. CEPS Commentary, 2 July 2012 [PDF]
, 2012 The euro area summit has managed to surprise the markets once again. By moving banking supervision of the eurozone to the European Central Bank, a huge step towards a more federal banking model has been taken, explains CEPS CEO Karel Lannoo in this new ...
Lannoo, Karel.
core
Output Gap Uncertainty, Sovereign Risk Premia and the Contingent Importance of the Bond Vigilantes
Metroeconomica, EarlyView.ABSTRACT This paper investigates the implications of output gap uncertainty for the conduct of fiscal policy using a small‐scale macroeconomic model with boundedly rational agents. Specifically, agents use an adaptive updating mechanism to approximate the unobservable potential output that suffers, similarly to the Hodrick and Prescott (1997) filter ...
Christian R. Proaño, Jonas Dix
wiley +1 more source
Cameron’s logic calls for eurozone democracy. Egmont Commentary, 24 September 2014
, 2014 This commentary argues that the Scottish referendum is likely to have consequences beyond the United Kingdom. In line with David Cameron’s plea for ‘English votes for English laws,’ eurozone votes on eurozone rules make sense.
Verhelst, Stijn
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Who cares about the survival of the eurozone? CEPS Commentary, 16 November 2011 [PDF]
, 2011 CEPS Senior Fellow Paul De Grauwe expresses astonishment in this new Commentary at the continued insistence in both Brussels and Frankfurt on budgetary austerity as the necessary and sufficient response to stop the government debt crisis in the eurozone.
De Grauwe, Paul.
core
Inference on the Attractor Space via Functional Approximation
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT This paper discusses semiparametric inference on hypotheses on the cointegration and the attractor spaces for I(1)$$ I(1) $$ linear processes with moderately large cross‐sectional dimension. The approach is based on sample canonical correlations and functional approximation of Brownian motions, and it can be applied both to the whole system ...
Massimo Franchi, Paolo Paruolo
wiley +1 more source