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9. How Central Bankers See It: The First Decade of European Central Bank Policy and Beyond
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Chapters in this book
- Frontmatter i
- Contents vii
- Acknowledgments ix
- Introduction 1
- 1. The Breakup of the Euro Area 11
- 2. The Euro and Structural Reforms 57
- 3. The Euro and Firm Restructuring 99
- 4. Business Cycles in the Euro Area 141
- 5. The Estimated Trade Effects of the Euro: Why Are They Below Those from Historical Monetary Unions among Smaller Countries? 169
- 6. A New Metric for Banking Integration in Europe 219
- 7. Why the European Securities Market Is Not Fully Integrated 255
- 8. The Euro and Fiscal Policy 287
- 9. How Central Bankers See It: The First Decade of European Central Bank Policy and Beyond 327
- 10. Reevaluating Swedish Membership in the European Monetary Union: Evidence from an Estimated Model 379
- 11. Euro Membership as a U.K. Monetary Policy Option: Results from a Structural Model 415
- Contributors 455
- Author Index 457
- Subject Index 463
Chapters in this book
- Frontmatter i
- Contents vii
- Acknowledgments ix
- Introduction 1
- 1. The Breakup of the Euro Area 11
- 2. The Euro and Structural Reforms 57
- 3. The Euro and Firm Restructuring 99
- 4. Business Cycles in the Euro Area 141
- 5. The Estimated Trade Effects of the Euro: Why Are They Below Those from Historical Monetary Unions among Smaller Countries? 169
- 6. A New Metric for Banking Integration in Europe 219
- 7. Why the European Securities Market Is Not Fully Integrated 255
- 8. The Euro and Fiscal Policy 287
- 9. How Central Bankers See It: The First Decade of European Central Bank Policy and Beyond 327
- 10. Reevaluating Swedish Membership in the European Monetary Union: Evidence from an Estimated Model 379
- 11. Euro Membership as a U.K. Monetary Policy Option: Results from a Structural Model 415
- Contributors 455
- Author Index 457
- Subject Index 463
