The crisis has awakened attention towards broader macroeconomic imbalances in EMU, and in particular private debts and divergences in price and cost competitiveness. We believe a too rigid monitoring exercise is undesirable. It will be necessary to address the different causes of the imbalances, including devoting attention to the use of private debt and the different components of unit labour costs developments, namely wage as well as productivity growth
15 p.The recent sovereign debt crisis in Europe, now a Eurozone crisis, has prompted a growing aware...
Lax financial conditions can foster credit booms. The global credit boom of the last decade led to l...
Economic convergence has been an on-going issue throughout the process of European economic integrat...
The emergence of macroeconomic imbalances among EU member states is often seen as a major underlying...
Years 2008 and 2009 were particularly affected by the outbreak of the global economic recession whic...
The objective of the presented paper is, in the first place, to look into the solution of current se...
The European Union has suffered a prolonged crisis episode due to the global financial crisis of 200...
The imbalances within the Euro-zone were the main reasons of the crisis that had led to the growing ...
Abstract The recent reforms in the European economic governance framework add to the Stability and ...
On 28 November 2012, the European Commission presented its second Alert Mechanism Report (AMR) in ac...
Macroeconomic imbalances increase the probability of economic crisis, even more so in a monetary uni...
The paper examines the macroeconomic imbalance procedure (MIP) with the purpose of assessing its pot...
Lax financial conditions can foster credit booms. The global credit boom of the last decade led to l...
This paper investigates a new category of influential factors on business cycle synchronization (BCS...
This article challenges the new revisionist consensus, whereby current account imbalances have cause...
15 p.The recent sovereign debt crisis in Europe, now a Eurozone crisis, has prompted a growing aware...
Lax financial conditions can foster credit booms. The global credit boom of the last decade led to l...
Economic convergence has been an on-going issue throughout the process of European economic integrat...
The emergence of macroeconomic imbalances among EU member states is often seen as a major underlying...
Years 2008 and 2009 were particularly affected by the outbreak of the global economic recession whic...
The objective of the presented paper is, in the first place, to look into the solution of current se...
The European Union has suffered a prolonged crisis episode due to the global financial crisis of 200...
The imbalances within the Euro-zone were the main reasons of the crisis that had led to the growing ...
Abstract The recent reforms in the European economic governance framework add to the Stability and ...
On 28 November 2012, the European Commission presented its second Alert Mechanism Report (AMR) in ac...
Macroeconomic imbalances increase the probability of economic crisis, even more so in a monetary uni...
The paper examines the macroeconomic imbalance procedure (MIP) with the purpose of assessing its pot...
Lax financial conditions can foster credit booms. The global credit boom of the last decade led to l...
This paper investigates a new category of influential factors on business cycle synchronization (BCS...
This article challenges the new revisionist consensus, whereby current account imbalances have cause...
15 p.The recent sovereign debt crisis in Europe, now a Eurozone crisis, has prompted a growing aware...
Lax financial conditions can foster credit booms. The global credit boom of the last decade led to l...
Economic convergence has been an on-going issue throughout the process of European economic integrat...