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Titlebook: New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone; Christian H. Fahrholz Book 2007 Physica-Verlag Heidel

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发表于 2025-3-21 19:06:20 | 显示全部楼层 |阅读模式
书目名称New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone
编辑Christian H. Fahrholz
视频video
丛书名称Contributions to Economics
图书封面Titlebook: New Political Economy of Exchange Rate Policies and the Enlargement of the Eurozone;  Christian H. Fahrholz Book 2007 Physica-Verlag Heidel
描述.This work examines the political economy of exchange-rate policies in the context of the eastward enlargement of the eurozone. The analysis shows that prospective members of the EMU are likely to pass on some of the incurred Maastricht costs of convergence to the current EMU-members. The transmission mechanism is an altered exchange-rate policy that is carried out utilizing a "threaten-thy-neighbour"-strategy. The nature of the arising conflict between current and prospective EMU-members originates from both parties‘ admitted inclination to complete the enlargement process, complicated by their disinclination to bear the costs. The ensuing moral-hazard behaviour of the CEECs proves to be one of brinkmanship. The subsequent bargaining game results in a robust outcome most likely in terms of providing extra European funding. This may then ensure a stabilization of the CEECs‘ convergence toward the EMU, and a successful completion of eastward enlargement of the eurozone..
出版日期Book 2007
关键词Bargaining; CEEC; EMU; Euro area; Eurozone Enlargement; Game Theory; Maastricht; Monte Carlo Simulation; cal
版次1
doihttps://doi.org/10.1007/978-3-7908-1762-1
isbn_softcover978-3-7908-1761-4
isbn_ebook978-3-7908-1762-1Series ISSN 1431-1933 Series E-ISSN 2197-7178
issn_series 1431-1933
copyrightPhysica-Verlag Heidelberg 2007
The information of publication is updating

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发表于 2025-3-21 22:04:09 | 显示全部楼层
Book 2007t prospective members of the EMU are likely to pass on some of the incurred Maastricht costs of convergence to the current EMU-members. The transmission mechanism is an altered exchange-rate policy that is carried out utilizing a "threaten-thy-neighbour"-strategy. The nature of the arising conflict
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1431-1933 ning game results in a robust outcome most likely in terms of providing extra European funding. This may then ensure a stabilization of the CEECs‘ convergence toward the EMU, and a successful completion of eastward enlargement of the eurozone..978-3-7908-1761-4978-3-7908-1762-1Series ISSN 1431-1933 Series E-ISSN 2197-7178
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hfires, climate change, and introduced species, plants continue to occupy fraught butvital places in Australian ecologies, texts, and cultures. Discussing writers from Ambelin Kwaymullina and Aunty Joy Murphy to May Gibbs and Ethel Turner, and embracing transnational perspectives from Ukraine, Polan
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Brotherhood’s creative writing, members have at last been recognised as people with something to say. When the members move into the Arts world as opposed to the labelled Disabled world, their talent is applauded and valued and they now self-advocate individually and as a group for changes in the wa
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