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The weakening of the asset-protection function of the euro

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  • Ingo Sauer

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  • Ingo Sauer, 2011. "The weakening of the asset-protection function of the euro," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64(16), pages 58-68, September.
  • Handle: RePEc:ces:ifosdt:v:64:y:2011:i:16:p:58-68
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    File URL: https://www.ifo.de/DocDL/ifosd_2011_16_11.pdf
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    References listed on IDEAS

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    1. Hans-Werner Sinn & Timo Wollmershäuser, 2012. "Target loans, current account balances and capital flows: the ECB’s rescue facility," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 19(4), pages 468-508, August.
    2. Goodhart, Charles A E, 1999. "Myths about the Lender of Last Resort," International Finance, Wiley Blackwell, vol. 2(3), pages 339-360, November.
    3. Bofinger, Peter, 2001. "Monetary Policy: Goals, Institutions, Strategies, and Instruments," OUP Catalogue, Oxford University Press, number 9780199248568.
    4. Steiger, Otto, 2002. "Der Staat als 'Lender of Last Resort' - oder: Die Achillesferse des Eurosystems," ZEI Working Papers B 22-2002, University of Bonn, ZEI - Center for European Integration Studies.
    5. Hans-Werner Sinn & Timo Wollmershäuser, 2011. "Target-Kredite, Leistungsbilanzsalden und Kapitalverkehr: Der Rettungsschirm der EZB," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 64, pages 01-29, June.
    6. C.A.E. Goodhart, 1999. "Myths about the Lender of Last Resort," International Finance, Wiley Blackwell, vol. 2(3), pages 339-360, November.
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    Cited by:

    1. Franz-Christoph Zeitler & Marcel Fratzscher & Dietrich Murswiek & Manfred J.M. Neumann & Markus C. Kerber, 2014. "The German Constitutional Court’s Ruling on the ECB’s OMT Programme," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 67(06), pages 03-25, March.
    2. Hans-Werner Sinn, 2013. "Target Losses If The Euro Breaks Up – A Response to De Grauwe and Ji," ifo Schnelldienst, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 66(01), pages 14-24, January.

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    More about this item

    JEL classification:

    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions

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