In this paper, the monetary policy independence of European nations in the years before European Monetary Union (EMU) is investigated using cointegration techniques. Daily data is used to assess pairwise relationships between individual EMU nations and 'lead' nation Germany, to assess the hypothesis that Germany was the dominant European nation prior to EMU. By and large our econometric investigations support this hypothesis, and lead us to conclude that the only European nation to lose monetary policy independence in the light of monetary union was Germany
The so-called German Dominance Hypothesis (GDH) claimed that Bundes-bank policies were transmitted i...
The so-called German Dominance Hypothesis (GDH) claimed that Bundesbank policies were transmitted in...
This paper analyzes the impact of Economic and Monetary Union (EMU) on the German economy and argues...
In this paper, the monetary policy independence of European nations in the years before European Mon...
In this paper, the monetary policy independence of European nations in the years before European Eco...
In this paper we re-examine the German dominance hypothesis, as a way to assess whether the loss of ...
In this paper we re-examine the German dominance hypothesis, as a way to assess whether the loss of ...
In this paper we re-examine the German dominance hypothesis, as a way to assess whether the loss of ...
The structure of the paper will be as follows: first, I will review the literature on the German Dom...
This article explains Germany\u27s function and role in European monetary cooperation. It refutes tw...
The international linkages between money stocks (and inflation rates) has received much attention. F...
This paper takes a preliminary step toward formulating a theory of German leadership within European...
Monetary Discipline, Germany, and the European Monetary System This paper explores the hypothes...
This paper is aimed at testing the German Dominance Hypothesis (GDH) in the context of Eastern enlar...
This study identifies differences in the monetary policy transmission mechanism across countries in ...
The so-called German Dominance Hypothesis (GDH) claimed that Bundes-bank policies were transmitted i...
The so-called German Dominance Hypothesis (GDH) claimed that Bundesbank policies were transmitted in...
This paper analyzes the impact of Economic and Monetary Union (EMU) on the German economy and argues...
In this paper, the monetary policy independence of European nations in the years before European Mon...
In this paper, the monetary policy independence of European nations in the years before European Eco...
In this paper we re-examine the German dominance hypothesis, as a way to assess whether the loss of ...
In this paper we re-examine the German dominance hypothesis, as a way to assess whether the loss of ...
In this paper we re-examine the German dominance hypothesis, as a way to assess whether the loss of ...
The structure of the paper will be as follows: first, I will review the literature on the German Dom...
This article explains Germany\u27s function and role in European monetary cooperation. It refutes tw...
The international linkages between money stocks (and inflation rates) has received much attention. F...
This paper takes a preliminary step toward formulating a theory of German leadership within European...
Monetary Discipline, Germany, and the European Monetary System This paper explores the hypothes...
This paper is aimed at testing the German Dominance Hypothesis (GDH) in the context of Eastern enlar...
This study identifies differences in the monetary policy transmission mechanism across countries in ...
The so-called German Dominance Hypothesis (GDH) claimed that Bundes-bank policies were transmitted i...
The so-called German Dominance Hypothesis (GDH) claimed that Bundesbank policies were transmitted in...
This paper analyzes the impact of Economic and Monetary Union (EMU) on the German economy and argues...