Arbeitspapier
Macro-financial stability under EMU
This paper examines the cyclical behaviour of country-level macro-financial variables under EMU. Monetary union strengthened the covariation pattern between the output cycle and the financial cycle, while macro-financial policies at national and area-wide levels were insuffciently counter-cyclical during the 2003-2007 boom period. We critically examine the policy reform agenda required to improve macro-financial stability.
- ISBN
-
978-92-95081-26-0
- Sprache
-
Englisch
- Erschienen in
-
Series: ESRB Working Paper Series ; No. 1
- Klassifikation
-
Wirtschaft
Monetary Policy
Studies of Particular Policy Episodes
Financial Institutions and Services: Government Policy and Regulation
- Thema
-
macroeconomic stabilisation
financial stability
international capital flows
inflation
exchange rate
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Lane, Philip R.
- Ereignis
-
Veröffentlichung
- (wer)
-
European Systemic Risk Board (ESRB), European System of Financial Supervision
- (wo)
-
Frankfurt a. M.
- (wann)
-
2016
- DOI
-
doi:10.2849/392960
- Handle
- Letzte Aktualisierung
-
10.03.2025, 11:42 MEZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Arbeitspapier
Beteiligte
- Lane, Philip R.
- European Systemic Risk Board (ESRB), European System of Financial Supervision
Entstanden
- 2016
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