Results 21 to 30 of about 532,276 (294)
Global Labour Journal, 2018 The article addresses the following puzzle: if, as it appears, wage coordination under the European Monetary Union is unlikely to succeed, why do European trade unions continue to pursue it?
Martin Seeliger
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New Problems in the World Make Uncertainty Higher [PDF]
Современная Европа, 2022 The pandemic of 2020 and onwards, and the geopolitical tensions of 2022, set fundamentally new tasks for the monetary regulators. The challenges led to parity between the euro and the dollar for the first time in 20 years, which affects the development ...
M.V. Ershov, A.S. Tanasova
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What Really Ails the Eurozone?: Faulty Supranational Architecture
Contemporary Economics, 2012 The global financial crisis which erupted in the United States instantaneously swept across Europe. Like the United States, the European Monetary Union (EMU) was ripe for a crash.
Assaf Razin, Steven Rosefielde
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Openness, Unionized Labor Markets, and Monetary Policy
MathematicsThis paper extends the micro-founded DSGE open economy model by incorporating unionized labor markets. Unlike the standard framework with atomistic unions, large labor unions consider broader economic conditions and internalize the impact of their wage ...
Xakousti Chrysanthopoulou +2 more
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Aspects Regarding the Monetary Policy in The European Union's Countries [PDF]
Ovidius University Annals: Economic Sciences Series, 2022 Monetary policy is a task of central banks. Until recently, each country had its own monetary policy. After the introduction of the single euro, monetary policy for the whole euro area is the ECB's responsibility.
Irena Munteanu , Amelia Petrică
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Russian Journal of Economics, 2017 After achieving substantial progress in establishing a common customs territory and regulations, customs unions face potential disruptions due to a lack of monetary policy coordination.
Evgeny Vinokurov +3 more
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Problematic theoretical considerations of monetary unions [PDF]
, 2018 YesAlthough the eurozone sovereign debt crisis took many by surprise following the Global Financial Crisis induced Great Recession, this chapter argues that this was an accident waiting to happen with unjustified emphasis placed upon unproven rules and ...
Baimbridge, Mark
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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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Central Bank Cooperation and Lending of Last Resort in the Scandinavian Monetary Union
Jahrbuch für Wirtschaftsgeschichte, 2022 The functioning of multi-nation monetary unions with several central banks is conditioned by many factors and considerations, such as the capacity to deal with crises, the political will and operational skill to foster financial integration and to ...
Ögren Anders, Trautwein Hans-Michael
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The likelihood of European Monetary Union
PSL Quarterly Review, 2013 A simple calculation method measures the level of probability of the European Monetary Union (EMU) formation. The equation makes use of forward interest rates with settlement time after January 1, 1999, to determine the number of countries that will ...
J. WEIDMANN
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