Regional Aspects of Monetary Policy in Europe:
Monetary union has dawned in Europe. Now that the common currency is a reality, questions concerning the practical conduct of monetary policy in the European Monetary Union (EMU) are moving to the forefront of the policy debate. Among these, one of the most critical is how the new monetary union wil...
Gespeichert in:
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
New York, NY
Springer US
2000
|
| Ausgabe: | 1st ed. 2000 |
| Schriftenreihe: | ZEI Studies in European Economics and Law
1 |
| Schlagworte: | |
| Online-Zugang: | DE-634 Volltext |
| Zusammenfassung: | Monetary union has dawned in Europe. Now that the common currency is a reality, questions concerning the practical conduct of monetary policy in the European Monetary Union (EMU) are moving to the forefront of the policy debate. Among these, one of the most critical is how the new monetary union will cope with the large heterogeneity of its member economies. Given the large differences in economic and financial structures among the EMU member states, monetary policy is likely to affect different member economies in different ways. Regional Aspects of Monetary Policy in Europe collects the proceedings of an international conference held at the Center for European Integration Studies of the University of Bonn, dedicated to this issue. The contributions to this conference fall into two parts. The first part consists of empirical and theoretical studies of the regional effects of monetary policy in heterogeneous monetary unions. The second part consists of papers analyzing the political economy of monetary policy in a monetary union of heterogeneous regions or member states. The papers all support the conclusion that regional differences in the responses to a common monetary policy will make European monetary policy especially difficult in the years to come. Such differences arise from a variety of sources, and they cannot be expected to be mere teething troubles that will disappear after a while. Even if they were ignored in the run-up to the EMU, Europe's central bankers and economic policy makers will have to learn how to cope with such differences in the future |
| Beschreibung: | 1 Online-Ressource (XII, 328 p) |
| ISBN: | 9781475763904 |
| DOI: | 10.1007/978-1-4757-6390-4 |
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| 520 | |a Monetary union has dawned in Europe. Now that the common currency is a reality, questions concerning the practical conduct of monetary policy in the European Monetary Union (EMU) are moving to the forefront of the policy debate. Among these, one of the most critical is how the new monetary union will cope with the large heterogeneity of its member economies. Given the large differences in economic and financial structures among the EMU member states, monetary policy is likely to affect different member economies in different ways. Regional Aspects of Monetary Policy in Europe collects the proceedings of an international conference held at the Center for European Integration Studies of the University of Bonn, dedicated to this issue. The contributions to this conference fall into two parts. The first part consists of empirical and theoretical studies of the regional effects of monetary policy in heterogeneous monetary unions. The second part consists of papers analyzing the political economy of monetary policy in a monetary union of heterogeneous regions or member states. The papers all support the conclusion that regional differences in the responses to a common monetary policy will make European monetary policy especially difficult in the years to come. Such differences arise from a variety of sources, and they cannot be expected to be mere teething troubles that will disappear after a while. Even if they were ignored in the run-up to the EMU, Europe's central bankers and economic policy makers will have to learn how to cope with such differences in the future | ||
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| spelling | Regional Aspects of Monetary Policy in Europe edited by Jürgen von Hagen, Christopher J. Waller 1st ed. 2000 New York, NY Springer US 2000 1 Online-Ressource (XII, 328 p) txt rdacontent c rdamedia cr rdacarrier ZEI Studies in European Economics and Law 1 Monetary union has dawned in Europe. Now that the common currency is a reality, questions concerning the practical conduct of monetary policy in the European Monetary Union (EMU) are moving to the forefront of the policy debate. Among these, one of the most critical is how the new monetary union will cope with the large heterogeneity of its member economies. Given the large differences in economic and financial structures among the EMU member states, monetary policy is likely to affect different member economies in different ways. Regional Aspects of Monetary Policy in Europe collects the proceedings of an international conference held at the Center for European Integration Studies of the University of Bonn, dedicated to this issue. The contributions to this conference fall into two parts. The first part consists of empirical and theoretical studies of the regional effects of monetary policy in heterogeneous monetary unions. The second part consists of papers analyzing the political economy of monetary policy in a monetary union of heterogeneous regions or member states. The papers all support the conclusion that regional differences in the responses to a common monetary policy will make European monetary policy especially difficult in the years to come. Such differences arise from a variety of sources, and they cannot be expected to be mere teething troubles that will disappear after a while. Even if they were ignored in the run-up to the EMU, Europe's central bankers and economic policy makers will have to learn how to cope with such differences in the future Europäische Union (DE-588)5098525-5 gnd rswk-swf Macroeconomics/Monetary Economics//Financial Economics Political Science International Economics Macroeconomics Political science International economics Regionalwirtschaft (DE-588)4239568-9 gnd rswk-swf Währungsunion (DE-588)4188829-7 gnd rswk-swf Geldpolitik (DE-588)4019902-2 gnd rswk-swf (DE-588)1071861417 Konferenzschrift 1998 Bonn gnd-content Europäische Union (DE-588)5098525-5 b Währungsunion (DE-588)4188829-7 s Geldpolitik (DE-588)4019902-2 s DE-604 Regionalwirtschaft (DE-588)4239568-9 s von Hagen, Jürgen edt Waller, Christopher J. edt Erscheint auch als Druck-Ausgabe 9781441951113 Erscheint auch als Druck-Ausgabe 9780792386544 Erscheint auch als Druck-Ausgabe 9781475763911 https://doi.org/10.1007/978-1-4757-6390-4 Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Regional Aspects of Monetary Policy in Europe Europäische Union (DE-588)5098525-5 gnd Macroeconomics/Monetary Economics//Financial Economics Political Science International Economics Macroeconomics Political science International economics Regionalwirtschaft (DE-588)4239568-9 gnd Währungsunion (DE-588)4188829-7 gnd Geldpolitik (DE-588)4019902-2 gnd |
| subject_GND | (DE-588)5098525-5 (DE-588)4239568-9 (DE-588)4188829-7 (DE-588)4019902-2 (DE-588)1071861417 |
| title | Regional Aspects of Monetary Policy in Europe |
| title_auth | Regional Aspects of Monetary Policy in Europe |
| title_exact_search | Regional Aspects of Monetary Policy in Europe |
| title_exact_search_txtP | Regional Aspects of Monetary Policy in Europe |
| title_full | Regional Aspects of Monetary Policy in Europe edited by Jürgen von Hagen, Christopher J. Waller |
| title_fullStr | Regional Aspects of Monetary Policy in Europe edited by Jürgen von Hagen, Christopher J. Waller |
| title_full_unstemmed | Regional Aspects of Monetary Policy in Europe edited by Jürgen von Hagen, Christopher J. Waller |
| title_short | Regional Aspects of Monetary Policy in Europe |
| title_sort | regional aspects of monetary policy in europe |
| topic | Europäische Union (DE-588)5098525-5 gnd Macroeconomics/Monetary Economics//Financial Economics Political Science International Economics Macroeconomics Political science International economics Regionalwirtschaft (DE-588)4239568-9 gnd Währungsunion (DE-588)4188829-7 gnd Geldpolitik (DE-588)4019902-2 gnd |
| topic_facet | Europäische Union Macroeconomics/Monetary Economics//Financial Economics Political Science International Economics Macroeconomics Political science International economics Regionalwirtschaft Währungsunion Geldpolitik Konferenzschrift 1998 Bonn |
| url | https://doi.org/10.1007/978-1-4757-6390-4 |
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