Financial and Monetary Policy Studies,1290-0858 ;volume 73
GENERAL NOTES
Text of Note
Includes bibliographical references
CONTENTS NOTE
Text of Note
What Went Wrong With the Euro? -- Public Debt: Introductory Remarks -- Was the Eurozone an Acceptable Currency Union? -- Preconditions of a Monetary Union -- What Was the Theory Behind the Formation of EMU? -- Will the Eurozone Dissolve Into Its Constituents? -- Can There Be an Efficient Dissolution of a Monetary Union? -- Complete Fiscal Freedom in the Transition Period? -- Understanding Crises and Recessions -- Will Bailouts Lead to a Dissolution of the Euro? -- On the Destabilizing Effects of Bailouts -- On Sound Money and Credit Conditions -- The Case of Free Banking -- The Explosion of Public Debts -- The Current Policies of the ECB -- Some Remarks on the Greek Problem -- Can There Be Stable Currencies After the Euro? -- The Gold Standard and Free Banking -- An Unexpected Supporter of the Gold Standard -- Fundamental Problems of the Eurozone -- Stability and the Eurozone -- Conditions for Genuine Financial and Monetary Stability -- International Financial Stability -- On Monetary Policies -- A New Fiscal Policy? -- The "Price Puzzle" -- Re-Distributional Effects of Austerity Measures -- Further Remarks on International Financial Stability -- The Accommodation of Public Debt by Commercial Banks -- The Consequence of the Market's Responses -- Is Eurozone Effectively a Socialist Commonwealth? -- Banking Efficiency -- Banking and Regulation -- Policy and Institutional Change in Southern Europe -- Was the Euro a Bad or a Good Idea? -- The Role of the Rate of Profit -- International Industrial Structure -- Capital Structure and Financial Stability -- International Empirical Evidence on the ABC's of Recessions