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Special Report of the CEPS Macroeconomic Policy Group
Over the past decade, the global economy has been on a dynamic path that is clearly unsustainable, with ever-increasing current account deficits in th...
The Known Plan A to Remain or the Unknown Plan B to Leave
Following the agreement made by Prime Minister David Cameron with the EU on 18-19 February 2016, the day for the referendum for the UK to remain in or...
The authors predict that the impact will be far-reaching, leading to a more liquid, mature and efficient capital market. The structure of capital mark...
a special report of the CEPS Macroeconomic Policy Group
"This special report by the CEPS Macroeconomic Policy Group (MPG) is concerned with the implementation of the prohibition of excessive deficits contai...
Lessons for the Eurozone from the US
The Great Financial Crisis, which started in 2007-08, was originally called the โsub-primeโ crisis because its origins could be traced to excessiv...
In recent decades the EU has widened and deepened to such an extent that it now deals in almost all areas of policy-making. Its budget, however, has b...
7th Annual Report of the CEPS Macroeconomic Policy Group
"This is the seventh annual report issued by the CEPS Macroeconomic Policy Group since it was reconstituted at the start of economic and monetary unio...
This text provides an unrivalled account of the history, theory and practice of monetary integration in Europe....
Planting the Seeds
Analysing the key problems facing the transition countries in Central and Eastern Europe, this accessible book describes the legacy of the central pla...
A Longer-term Comparative Analysis of Housing Prices in Europe and the US
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"Since 1 January 1999, monetary policy for 11 member countries of the EU is determined by the Eurosystem which consists of the European Central Bank (...
Problems and Prospects
New Evidence about the Phillips Curve in Europe and the United States
With inflation increasing all over the world, central banks have to consider with some care how quickly to re-establish price stability. A key issue i...
Demonstrated and Explained in a Systematic Treatise on Moral Philosophy
With our American Philosophy and Religion series, Applewood reissues many primary sources published throughout American history. Through these books, ...
This paper presents a simple, basic model to compute the welfare consequences of the introduction of a tariff on the CO2 content of imported goods in ...
Economic Transition in Central and Eastern Europe
Provides a comprehensive view of the economic heritage of the reforming countries, of the reforms that are necessary, both from a theoretical and a pr...
For the Conduct of Man in All States and Situations of Life : Demonstrated and Explained in a Systematic Treatise on Moral Philosophy ...
This paper discusses stabilization policy in the presence of bands for the exchange rate. The bands are modelled in a probabilistic sense: monetary po...
Este trabajo muestra que la variabilidad intra europea de los tipos de cambio tiene desde el punto de vista estadistico un fuerte impacto negativo -no...
What Next for the World Economy?
The Fiscal Implications of Price Stability and Financial Market Integration
The Impact of External Shocks on Labour Markets
Examines the impact of external shocks (i.e. shocks to exports and/or the exchange rate) on unemployment and manufacturing employment once monetary un...
Trends and Strategies for Europe
This groundbreaking study concentrates on a set of critical economic factors that will shape future economic growth at the global level and offers a d...
Addressing Migration and Asylum Challenges in the Mediterranean?
"The humanitarian refugee crisis in Europe of 2015-2016 has posed profound challenges to the legitimacy of the European Union's policies on migration,...
Taxing Carbon at the Border?
The European Union has been a pioneer in combating global climate change through its cap-and-trade system. It has shown how to put a price on greenhou...
Assesses the EC's policies for the past year, and makes recommendations for the future - focusing on the enlargement of the EC and the future politica...
The Cost of Muddling Through ; Second Report of the CEPS Macroeconomic Policy Group
This paper reviews cases of successful price and wage adjustment, which are often regarded as constituting best practice, in Australia, Latvia and the...