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EMU and the Euro - The First Ten Years. Challenges to the sustainability and price stability of the euro area - what does history tell us?

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  • Lars Jonung

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  • Lars Jonung, 2002. "EMU and the Euro - The First Ten Years. Challenges to the sustainability and price stability of the euro area - what does history tell us?," EUI-RSCAS Working Papers 46, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    • Handle: RePEc:erp:euirsc:p0001
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    References listed on IDEAS

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    1. repec:hal:spmain:info:hdl:2441/645 is not listed on IDEAS
    2. Frankel, Jeffrey A & Rose, Andrew K, 1998. "The Endogeneity of the Optimum Currency Area Criteria," Economic Journal, Royal Economic Society, vol. 108(449), pages 1009-1025, July.
    3. Marc Flandreau & Jacques Le Cacheux & Frédéric Zumer, 1998. "Stability without a pact? Lessons from the European gold standard, 1880—1914," Economic Policy, CEPR;CES;MSH, vol. 13(26), pages 116-162.
    4. Marc Flandreau & Jacques Le Cacheux & Frédéric Zumer, 1998. "Stability without a pact?," SciencePo Working papers Main hal-03416381, HAL.
    5. Bordo,Michael D., 2005. "The Gold Standard and Related Regimes," Cambridge Books, Cambridge University Press, number 9780521022941.
    6. Hicks, J. R., 1979. "Critical Essays in Monetary Theory," OUP Catalogue, Oxford University Press, number 9780198284239, Decembrie.
    7. Hugh Rockoff, 1999. "How Long Did It Take the United States to Become an Optimal Currency Area?," Departmental Working Papers 199910, Rutgers University, Department of Economics.
    8. Frédéric Zumer & Jacques Le Cacheux & Marc Flandreau, 1998. "Stability without a pact? Lessons from the European Gold Standard, 1880-1913," Working Papers hal-01037858, HAL.
    9. Crouch, Colin (ed.), 2000. "After the Euro: Shaping Institutions for Governance in the Wake of European Monetary Union," OUP Catalogue, Oxford University Press, number 9780198296393, Decembrie.
    10. Willem H. Buiter, 1999. "Alice in Euroland," Journal of Common Market Studies, Wiley Blackwell, vol. 37(2), pages 181-209, June.
    11. repec:hal:wpspec:info:hdl:2441/645 is not listed on IDEAS
    12. Obstfeld, Maurice, 1998. "EMU: Ready, or Not?," Center for International and Development Economics Research, Working Paper Series qt8qn3v8j3, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
    13. Ivo Maes, 1996. "The Development of Economic Thought at the European Community Institutions," History of Political Economy, Duke University Press, vol. 28(5), pages 245-276, Supplemen.
    14. Prati, A. & Schinasi, G.J., 1999. "Financial Stability in European Economic and Monetary Union," Princeton Studies in International Economics 86, International Economics Section, Departement of Economics Princeton University,.
    15. Marc Flandreau & Jacques Le Cacheux & Frédéric Zumer, 1998. "Stability without a pact?," Post-Print hal-03416381, HAL.
    16. Martin Feldstein, 1997. "The Political Economy of the European Economic and Monetary Union: Political Sources of an Economic Liability," Journal of Economic Perspectives, American Economic Association, vol. 11(4), pages 23-42, Fall.
    17. Charles W. Calomiris, 1999. "The Impending Collapse of the European Monetary Union," Cato Journal, Cato Journal, Cato Institute, vol. 18(3), pages 445-452, Winter.
    18. Ray Barrell & Karen Dury, 2001. "Will the SGP Ever Be Breached?," Palgrave Macmillan Books, in: Anne Brunila & Marco Buti & Daniele Franco (ed.), The Stability and Growth Pact, chapter 10, pages 235-255, Palgrave Macmillan.
    19. Michael Bordo & Barry Eichengreen & Daniela Klingebiel & Maria Soledad Martinez-Peria, 2001. "Is the crisis problem growing more severe?," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 16(32), pages 52-82.
    20. Forrest Capie, 1998. "Monetary Unions in Historical Perspective: What Future for the Euro in the International Financial System," Open Economies Review, Springer, vol. 9(1), pages 447-466, January.
    21. Thomas Dalsgaard & Alain Serres, 2001. "Estimating Prudent Budgetary Margins," Palgrave Macmillan Books, in: Anne Brunila & Marco Buti & Daniele Franco (ed.), The Stability and Growth Pact, chapter 9, pages 204-234, Palgrave Macmillan.
    22. Michael D. Bordo & Lars Jonung, 1999. "The Future of EMU: What Does the History of Monetary Unions Tell Us?," NBER Working Papers 7365, National Bureau of Economic Research, Inc.
    23. Filippo Cesarano, 1997. "Currency Areas and Equilibrium," Open Economies Review, Springer, vol. 8(1), pages 51-59, January.
    24. Derek H. Aldcroft & Michael J. Oliver, 1998. "Exchange Rate Regimes in the Twentieth Century," Books, Edward Elgar Publishing, number 865.
    25. C. A. E. Goodhart, 1995. "The Political Economy of Monetary Union (1995)," Palgrave Macmillan Books, in: The Central Bank and the Financial System, chapter 8, pages 156-202, Palgrave Macmillan.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Josef Christl, 2006. "Regional Currency Arrangements: Insights from Europe," Working Papers 125, Oesterreichische Nationalbank (Austrian Central Bank).
    2. Larch, Martin & Van den Noord, Paul & Jonung, Lars, 2010. "The stability and growth pact: lessons from the great recession," MPRA Paper 27900, University Library of Munich, Germany.
    3. Lars Jonung & Martin Larch, 2006. "Improving fiscal policy in the EU: the case for independent forecasts [‘Fiscal forecasting: The track record of the IMF, OECD and EC’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 21(47), pages 492-534.
    4. Lars Jonung & Eoin Drea, 2010. "It Can't Happen, It's a Bad Idea, It Won't Last: U.S. Economists on the EMU and the Euro, 1989–2002," Econ Journal Watch, Econ Journal Watch, vol. 7(1), pages 1-4–52, January.
    5. Michael D. Bordo, 2004. "The United States as a Monetary Union and the Euro: A Historical Perspective," Cato Journal, Cato Journal, Cato Institute, vol. 24(1-2), pages 163-170, Spring/Su.
    6. repec:onb:oenbwp:y::i:125:b:1 is not listed on IDEAS
    7. Lars Jonung, 2006. "Comments on J. Christl: “Regional currency arrangements: insights from Europeâ€\x9D," International Economics and Economic Policy, Springer, vol. 3(3), pages 221-224, December.
    8. Roth, Felix & Jonung, Lars & Nowak-Lehmann D., Felicitas, 2012. "Public Support for the Single European Currency, the Euro, 1990 to 2011. Does the Financial Crisis Matter?," Working Papers 2012:20, Lund University, Department of Economics.
    9. Josef Christl, 2006. "Regional Currency Arrangements: Insights from Europe," Working Papers 42, Bank of Greece.

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