The eleventh edition of Economics of Monetary Union provides a concise analysis of the theories and policies relating to monetary union. The author addresses current issues surrounding the Eurozone, including; a critical discussion of the costs and benefits of possible exits by its member countries, an analysis of the role of the ECB as new single supervisor and detail on the sovereign debt crisis. In Part One the author examines the implications of adopting a common currency, assessing the benefit to each country from being a member of the Eurozone, whilst also questioning whether other parts of the world would gain from monetary unification. Part Two of the book looks at the problems of running a monetary union by analysing Europe's experience and the issues faced by the European Central Bank. Contents List Part One: Costs and Benefits of Monetary Union Chapter 1 The Costs of Common Currency Chapter 2 The Theory of Optimum Currency Areas: A Critique Chapter 3 The Benefits of a Common Currency Chapter 4 Costs and Benefits Compared Part Two: Monetary Union Chapter 5 The Fragility of Incomplete Monetary Union Chapter 6 How to Complete a Monetary Union? Chapter 7 The Transition to a Monetary Union Chapter 8 The European Central Bank Chapter 9 Monetary Policy in the Eurozone Chapter 10 Fiscal Policies in Monetary Unions Chapter 11 The Euro and Financial Markets Online Resource Centre The Online Resource Centre features: For Students: Links to data sources Essay questions Paul de Grauwe on Twitter Links to articles and papers For Lecturers: Instructor manual PowerPoint slides
La monnaie: politique et institutions
A similar phenomenon was observed by Charles Engel and Richard Rogers (Engel and Rogers 1995). They studied the price differentials of the same pairs of goods in different North American cities (in the USA and Canada).
Foreign Relations of the United States, 1964-1968: International Monetary and Trade Policy
本书从历史的角度回顾了金本位制, 布雷顿森林体系和浮动汇率制的演变历程, 分析了当今主要货币美元, 欧元和人民币面临的挑战, 勾画出国际货币体系改革的前景, ...
威廉姆·E·亚历山大= W. E. Alexander
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Yu + 1 + ( 1 – 2u ) . { x , } SO where { X } is the open economy IS - curve fundamentals as derived in the text . Substituting Yi + 1 - y , = y , and assuming y . - Y. - 1 = y + 1 - y , in the steady state , results in y = u : ( y ...
Taxmanship: Principles and Proposals for the Reform of Taxation. (1964-1966)
Die Deutsche Bundesbank im Prozess der europäischen Währungsintegration: rechtliche und währungspolitische Fragen aus deutscher Sicht
Bubble Man tells the story of the great American stockmarket bubble, its bursting and the role of the man who made it all possible - Alan Greenspan.