Results 21 to 30 of about 1,218,025 (294)
PSL Quarterly Review, 2012 Assessing the effects of monetary policy and wage bargaining on employment andinflation in the European Monetary Union (EMU), the first step sees development of a Post-Keynesian competitive claims model of inflation with endogenous money.
Eckhard Hein
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Fiscal aspects of the European monetary integration [PDF]
Zbornik Radova Pravnog Fakulteta u Nišu, 2014 Along with the introduction of the euro as a single currency, importance of respecting the fiscal aspects which determine longevity of the monetary arrangement is recognized.
Golubović Srđan
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Financial Heterogeneity and Monetary Union
Finance and Economics Discussion Series, 2018 We analyze the economic consequences of forming a monetary union among countries with varying degrees of financial distortions, which interact with the firms' pricing decisions because of customer-market considerations.
Simon Gilchrist +3 more
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The Term Structure of Interest Rates in a Heterogeneous Monetary Union
Social Science Research NetworkWe build an arbitrage‐based model of the yield curves in a heterogeneous monetary union with sovereign default risk, which accounts for the asymmetric shifts in euro‐area yields during the Covid‐19 pandemic.
J. Costain, Galo Nuño, Carlos Thomas
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The EMU is Done. How about the Fiscal Union and the Next Future of the United Europe? [PDF]
Theoretical and Applied Economics, 2009 The economic and monetary union was actually compulsory, despite that the Maastricht Treaty does not express as such. Moreover, specialists argue that the monetary union is equally required to be fiscal as well. And what is this? Of course, strenghtening
Liviu C. Andrei
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“Completing Europe’s Economic and Monetary Union”. Any support from the citizens?
, 2017 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 ...
F. Farina, R. Tamborini
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The role of the European Fiscal Board in the EU fiscal system [PDF]
Zbornik Radova Pravnog Fakulteta u Nišu, 2019 The financial crisis, which culminated in the course of 2008, revealed all the shortcomings of the institutional framework of the European Economic and Monetary Union.
Golubović Srđan
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Policy Spillovers and Synergies in a Monetary Union
Social Science Research Network, 2016 We provide a general equilibrium framework for analyzing the effects of supply- and demand-side policies, and the potential synergies between them, in an asymmetric monetary union that faces a liquidity trap and a slow deleveraging process in its ...
Óscar J. Arce +2 more
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IMPORTANCE OF THE EUROPEAN BANKING UNION NEW DIRECTIVES [PDF]
Analele Universităţii Constantin Brâncuşi din Târgu Jiu : Seria Economie, 2014 European Banking Union has set new rules on monetary market especially for credit institutions and for financial banking groups in general. Economic and monetary union requires accomplishment of political and monetary union and democratic control of ...
MEDAR LUCIAN-ION , Irina-Elena Chirtoc
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SSRN Electronic JournalWe provide a theory of financial fragmentation in monetary unions. Our key insight is that currency unions may experience of symmetry: that is episodes in which identical countries react differently when exposed to the same shock. During these events part of the union suffers a capital flight, while the rest acts as a safe haven and receives inflows ...
Fornaro, Luca, Grosse-Steffen, Christoph
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