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Charles Wyplosz

Citations

Many of the citations below have been collected in an experimental project, CitEc, where a more detailed citation analysis can be found. These are citations from works listed in RePEc that could be analyzed mechanically. So far, only a minority of all works could be analyzed. See under "Corrections" how you can help improve the citation analysis.

Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Ostry, Jonathan D. & Debrun, Xavier & Willems, Tim & Wyplosz, Charles, 2019. "Public Debt Sustainability," CEPR Discussion Papers 14010, Centre for Economic Policy Research.

    Mentioned in:

    1. Fiscal Space Has Limits, Too
      by Steve Cecchetti and Kim Schoenholtz in Money, Banking and Financial Markets on 2020-05-31 15:13:38
  2. Charles Wyplosz, 2002. "Fiscal Policy: Institutions vs. Rules," IHEID Working Papers 03-2002, Economics Section, The Graduate Institute of International Studies.

    Mentioned in:

    1. Why France will have no budget rule
      by in Bruegel blog on 2012-08-14 19:00:20
  3. Author Profile
    1. QED 55: Passera, la Cina, e il "dark secret" dell'Eurozona
      by Alberto Bagnai in Goofynomics on 2015-08-15 16:43:00

Wikipedia or ReplicationWiki mentions

(Only mentions on Wikipedia that link back to a page on a RePEc service)
  1. Author Profile
    1. Charles Wyplosz in Wikipedia (German)

Working papers

  1. Ostry, Jonathan D. & Debrun, Xavier & Willems, Tim & Wyplosz, Charles, 2019. "Public Debt Sustainability," CEPR Discussion Papers 14010, Centre for Economic Policy Research.

    Cited by:

    1. Vivian Welch & Christine M. Mathew & Panteha Babelmorad & Yanfei Li & Elizabeth T. Ghogomu & Johan Borg & Monserrat Conde & Elizabeth Kristjansson & Anne Lyddiatt & Sue Marcus & Jason W. Nickerson & K, 2021. "Health, social care and technological interventions to improve functional ability of older adults living at home: An evidence and gap map," Campbell Systematic Reviews, John Wiley & Sons, vol. 17(3), September.
    2. Simeon Djankov & Ugo Panizza, 2020. "Developing economies after COVID-19: An introduction," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 8-23, Centre for Economic Policy Research.
    3. Henry Mooney & MariÌ a Alejandra Zegarra, 2020. "Extreme outlier: The pandemic’s unprecedented shock to tourism in Latin America and the Caribbean," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 112-126, Centre for Economic Policy Research.
    4. Kevin Pallara & Jean-Paul Renne, 2024. "Fiscal Limits and the Pricing of Eurobonds," Management Science, INFORMS, vol. 70(2), pages 1216-1237, February.
    5. Mario Alloza & Javier Andrés & Pablo Burriel & Iván Kataryniuk & Javier J. Pérez & Juan Luis Vega, 2021. "La reforma del marco de gobernanza de la política fiscal de la Unión Europea en un nuevo entorno macroeconómico," Occasional Papers 2121, Banco de España.
    6. Mario Alloza & Javier Andrés & Pablo Burriel & Iván Kataryniuk & Javier J. Pérez & Juan Luis Vega, 2021. "The reform of the european Union’s fiscal governance Framework in a new Macroeconomic environment," Occasional Papers 2121, Banco de España.
    7. Gianluca Benigno & Andrew T. Foerster & Christopher Otrok & Alessandro Rebucci, 2020. "COVID-19: A double whammy of financial and economic sudden stops for emerging economies," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 329-341, Centre for Economic Policy Research.
    8. Fabrizio Zampolli, 2026. "Financial stability limits on fiscal space," BIS Working Papers 1339, Bank for International Settlements.
    9. Samarakoon, Lalith P., 2024. "What broke the pearl of the Indian ocean? The causes of the Sri Lankan economic crisis and its policy implications," Journal of Financial Stability, Elsevier, vol. 70(C).
    10. Barbara Annicchiarico & Fabio Di Dio & Stefano Patrì, 2023. "Optimal correction of the public debt and measures of fiscal soundness," Metroeconomica, Wiley Blackwell, vol. 74(1), pages 138-162, February.
    11. Davide Furceri & Prakash Loungani & Jonathan D. Ostry & Pietro Pizzuto, 2020. "Pandemics and inequality: Assessing the impact of COVID†19," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 200-213, Centre for Economic Policy Research.
    12. Calvin Z. Djiofack & Hasan Dudu & Albert G. Zeufack, 2020. "Assessing COVID-19’s economic impact in sub-Saharan Africa: Insights from a CGE model," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 53-68, Centre for Economic Policy Research.
    13. António Afonso & José Alves & Olegs Matvejevs & Olegs Tkacevs, 2024. "Impact of Sovereign Debt Maturity on Fiscal Sustainability," Working Papers REM 2024/0358, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    14. Federico Sturzenegger & Nicolás Der Meguerditchian, 2022. "A Balance-Sheet Model of Fiscal Policy in Namibia," Working Papers 136, Red Nacional de Investigadores en Economía (RedNIE).
    15. Daniele, SCHILIRO', 2019. "Public debt and growth in Italy:Analysis and policy proposals," MPRA Paper 97950, University Library of Munich, Germany, revised Nov 2019.
    16. Jan Kovanda, 2021. "Economy‐wide material system analysis: Mapping material flows through the economy," Journal of Industrial Ecology, Yale University, vol. 25(5), pages 1121-1135, October.
    17. Christopher Woodruff, 2020. "The importance of protecting export-oriented firms," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 257-265, Centre for Economic Policy Research.
    18. Stéphanie Pamies & Nicolas Carnot & Anda Pătărău, 2021. "Do Fundamentals Explain Differences between Euro Area Sovereign Interest Rates?," European Economy - Discussion Papers 141, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    19. Schilirò, Daniele, 2020. "COVID-19 crisis and the public debt issue:The case of Italy," MPRA Paper 103997, University Library of Munich, Germany, revised Nov 2020.
    20. Eduardo Levy Yeyati & Federico Sturzenegger, 2023. "A balance‐sheet approach to fiscal sustainability," Fiscal Studies, John Wiley & Sons, vol. 44(1), pages 61-84, March.
    21. Caroline Freund & Aaditya Mattoo & Alen Mulabdic & Michele Ruta, 2020. "The supply chain shock from COVID-19: Risks and opportunities," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 303-315, Centre for Economic Policy Research.
    22. Ohnsorge, Franziska & Kose, M. Ayhan & Sugawara, Naotaka, 2020. "Benefits and Costs of Debt: The Dose Makes the Poison," CEPR Discussion Papers 14439, Centre for Economic Policy Research.
    23. António Afonso & José Alves & Sofia Monteiro, 2024. "The Pressure Is On: How Geopolitical Tensions Impact Institutional Fiscal and External Stability Responses," CESifo Working Paper Series 11067, CESifo.
    24. Gbêtondji Melaine Armel Nonvide, 2020. "Policy for limiting the poverty impact of COVID-19 in Africa," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 214-219, Centre for Economic Policy Research.
    25. Nicolas Clootens & Francesco Magris, 2024. "Nonrenewable resource use sustainability and public debt," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 26(1), February.
    26. Charles Gottlieb & Jan GrobovsÌŒek & Markus Poschke & Fernando Saltiel, 2020. "Working from home: Implications for developing countries," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 242-256, Centre for Economic Policy Research.
    27. Osband, Kent & Filoso, Valerio & Capasso, Salvatore, 2024. "The limits of limitless debt," Journal of Macroeconomics, Elsevier, vol. 79(C).
    28. António Afonso & José Alves & Sofia Monteiro, 2025. "Private investment and public investment: total rates of return and global balances in the OECD," Working Papers REM 2025/0363, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    29. Rabah Arezki & Rachel Yuting Fan & Ha Nguyen, 2020. "Coping with a dual shock: A perspective from the Middle East and North Africa," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 69-85, Centre for Economic Policy Research.
    30. Westerhout, Ed, 2022. "30 Years of Generational Accounting : A Critical Review," Other publications TiSEM 252a02fe-7374-499e-97c5-0, Tilburg University, School of Economics and Management.
    31. Kuusi, Tero & Puonti, Päivi, 2021. "Keep It Simple, Not Stupid – How to Save the EU Fiscal Framework?," ETLA Reports 120, The Research Institute of the Finnish Economy.
    32. van Wijnbergen, Sweder & Olijslagers, Stan & de Vette, Nander, 2020. "Debt sustainability when r - g," CEPR Discussion Papers 15478, Centre for Economic Policy Research.
    33. Giancarlo Corsetti & Simon Lloyd & Emile Marin, 2020. "Emerging market currency risk around ‘global disasters’: Evidence from the Global Financial Crisis and the COVID-19 crisis," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 342-352, Centre for Economic Policy Research.
    34. Paul Corral & Roberta Gatti, 2020. "Accumulation interrupted: COVID-19 and human capital among the young," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 286-302, Centre for Economic Policy Research.
    35. Wyplosz, Charles, 2020. "What’s Wrong with Fiscal Space?," CEPR Discussion Papers 14431, Centre for Economic Policy Research.
    36. Rui Esteves & Nathan Sussman, 2020. "Corona spreads to emerging markets," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 362-373, Centre for Economic Policy Research.
    37. Koichi Futagami & Kunihiko Konishi, 2023. "Comparative analyses of fiscal sustainability of the budgetary policy rules," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 25(5), pages 944-984, October.
    38. Swati Dhingra, 2020. "Policy for limiting the poverty impact of COVID-19 in Africa," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 220-228, Centre for Economic Policy Research.
    39. Surana, Kavita & Singh, Anuraag & Sagar, Ambuj D, 2020. "Strengthening science, technology, and innovation-based incubators to help achieve Sustainable Development Goals: Lessons from India," Technological Forecasting and Social Change, Elsevier, vol. 157(C).
    40. Abdul Abiad & Mia Arao & Editha Lavina & Reizle Platitas & Jesson Pagaduan & Christian Jabagat, 2020. "The impact of COVID-19 on developing Asian economies: The role of outbreak severity, containment stringency, and mobility declines," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 86-99, Centre for Economic Policy Research.
    41. Clancy, Daragh & Gabriele, Carmine & Žigraiová, Diana, 2022. "Sovereign bond market spillovers from crisis-time developments in Greece," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 78(C).
    42. Rainer Masera, 2023. "The Challenges Eurozone Stagflation Poses for Households, Businesses and High-Debt Countries: Some Possible Solutions," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 76(4), pages 547-566.
    43. Boris Hofmann & Ilhyock Shim & Hyun Song Shin, 2020. "Original sin redux and policy responses in emerging market economies during the COVID-19 pandemic," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 353-361, Centre for Economic Policy Research.
    44. Constantino Hevia & Andy Neumeyer, 2020. "A perfect storm: COVID-19 in emerging economies," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 25-37, Centre for Economic Policy Research.
    45. Luis Felipe CeÌ spedes & Roberto Chang & AndreÌ s Velasco, 2020. "Macroeconomic policy responses to a pandemic," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 175-186, Centre for Economic Policy Research.
    46. Margarita GoÌ mez & Andriy Ivchenko & Elena Reutskaja & Pablo Soto-Mota, 2020. "Behaviours, perceptions and mental wellbeing in high- income and low/middle-income countries at the beginning of COVID-19 pandemic," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 128-146, Centre for Economic Policy Research.
    47. Giannini, Bianca & Oldani, Chiara, 2022. "Asymmetries in the sustainability of public debt in the EU: The use of swaps," The Journal of Economic Asymmetries, Elsevier, vol. 26(C).
    48. Elmar Dönnebrink & Nils Grevenbrock, 2022. "Sustainability gap of public debt: importance of interest rates and a new decomposition with premia," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 49(4), pages 1009-1030, November.
    49. Çagatay Bircan & Zsoka Koczan & Alexander Plekhanov, 2020. "Jobs at risk: Early policy responses to COVID-19 in emerging markets," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 230-241, Centre for Economic Policy Research.
    50. Li Yang & Wenxiu Hu & Zhenxing Su & Jianqi Qiao, 2024. "Impact of Anti-Corruption on the Sustainability of Local Government Debt in China: The Moderating Role of Fiscal Transparency," Sustainability, MDPI, vol. 16(21), pages 1-29, October.
    51. Simeon Djankov & Anne-Laure Kiechel, 2020. "The IMF and the World Bank can do more," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 374-385, Centre for Economic Policy Research.
    52. Togan Eğrican, Aslı & Caner, Selçuk & Togan, Sübidey, 2022. "Reforming public debt governance in Turkey to reach debt sustainability," Journal of Policy Modeling, Elsevier, vol. 44(5), pages 1057-1076.
    53. Murphy, Erin L. & Bernard, Miranda & Gerber, Leah R. & Dooley, Kevin J., 2021. "Evaluating the role of market-based instruments in protecting marine ecosystem services in wild-caught fisheries," Ecosystem Services, Elsevier, vol. 51(C).
    54. Cynthia Balloch & Simeon Djankov & Juanita Gonzalez-Uribe & Dimitri Vayanos, 2020. "A restart procedure to deal with COVID-19," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 266-276, Centre for Economic Policy Research.
    55. Simeon Djankov & Dorina Georgieva & Hibret Maemir, 2020. "Regulatory reforms after COVID†19," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 277-285, Centre for Economic Policy Research.
    56. Eduardo Levy Yeyati & Rodrigo ValdeÌ s, 2020. "COVID-19 in Latin America: How is it different than in advanced economies?," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 100-111, Centre for Economic Policy Research.
    57. Giovanni Valensisi, 2020. "COVID-19 and global poverty: A preliminary assessment," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 188-199, Centre for Economic Policy Research.
    58. Patrick Bolton & Lee Buchheit & Pierre-Olivier Gourinchas & Mitu Gulati & Chang-Tai Hsieh & Ugo Panizza & Beatrice Weder di Mauro, 2020. "A debt standstill for developing and emerging market countries," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 317-328, Centre for Economic Policy Research.
    59. Westerhout, Ed, 2022. "30 Years of Generational Accounting : A Critical Review," Discussion Paper 2022-021, Tilburg University, Center for Economic Research.
    60. Vogt, Christine A. & Andereck, Kathleen L. & Pham, Kim, 2020. "Designing for quality of life and sustainability," Annals of Tourism Research, Elsevier, vol. 83(C).
    61. Ilan Noy & Nguyen Doan & Benno Ferrarini & Donghyun Park, 2020. "The economic risk of COVID-19 in developing countries: Where is it highest?," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 38-52, Centre for Economic Policy Research.
    62. Nicolas Berman & Mathieu Couttenier & Nathalie Monnet & Rohit Ticku, 2020. "Conflict in times of COVID-19," CEPR Press Book Chapters, in: Simeon Djankov & Ugo Panizza (ed.), COVID-19 in Developing Economies, edition 1, volume 1, chapter 1, pages 147-156, Centre for Economic Policy Research.
    63. Andrey Vershitsky & Maksim Dombrovsky & Valery Bezpalov & Valeriy Prasolov & Elmira Ibrayeva, 2024. "Monitoring of Economic Security: the Experience of the Work of the Russian Government Agencies and Public Organizations Countering International Sanctions," Public Organization Review, Springer, vol. 24(1), pages 1-25, March.
    64. World Bank, 2021. "India," World Bank Publications - Reports 35499, The World Bank Group.
    65. Sweder van Wijnbergen & Stan Olijslagers & Nander de Vette, 2020. "Debt sustainability when r - g smaller than 0: no free lunch after all," Tinbergen Institute Discussion Papers 20-079/VI, Tinbergen Institute.

  2. Charles Wyplosz, 2015. "The Centralization-Decentralization Issue," European Economy - Discussion Papers 014, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.

    Cited by:

    1. Francisco J. Delgado, 2021. "On the Determinants of Fiscal Decentralization: Evidence From the EU," The AMFITEATRU ECONOMIC journal, Academy of Economic Studies - Bucharest, Romania, vol. 23(56), pages 206-206, February.
    2. Vassilis Tselios & Andrés Rodríguez-Pose, 2020. "Did Decentralisation Affect Citizens’ Perception of the European Union? The Impact during the Height of Decentralisation in Europe," Economies, MDPI, vol. 8(2), pages 1-26, May.
    3. Panagiotis Liargovas & Vasilis Pilichos & Anastasia Angelopoulou, 2021. "Fiscal governance and forecasting Bias: a case study of Greece during the economic crisis," Bulletin of Applied Economics, Risk Market Journals, vol. 8(2), pages 75-95.
    4. Ngounou, Borice Augustin & Djiogag, Constant Fouopi & Domguia, Edmond Noubissi & Zanfack, Linda Tiague & Pondie, Thierry Messie, 2025. "Does fiscal decentralisation hamper happiness? Evidence from African countries," World Development Perspectives, Elsevier, vol. 37(C).
    5. Rekova Nataliia Yu. & Vishnevsky Valentine P., 2016. "Principles, Economic and Institutional Prerequisites for Fiscal Decentralization under Conditions of Post-Conflict Reconstruction," The Problems of Economy, RESEARCH CENTRE FOR INDUSTRIAL DEVELOPMENT PROBLEMS of NAS (KHARKIV, UKRAINE), issue 4, pages 183-189.
    6. Giacomo Benedetto, 2017. "Institutions and the route to reform of the European Union’s budget revenue, 1970–2017," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 44(4), pages 615-633, November.

  3. Charles Wyplosz, 2013. "Europe’s Quest for Fiscal Discipline," European Economy - Economic Papers 2008 - 2015 498, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.

    Cited by:

    1. van Riet, Ad, 2016. "Safeguarding the euro as a currency beyond the state," Occasional Paper Series 173, European Central Bank.
    2. Chortareas, Georgios & Mavrodimitrakis, Christos, 2016. "Can monetary policy fully stabilize pure demand shocks in a monetary union with a fiscal leader?," Economic Modelling, Elsevier, vol. 54(C), pages 463-468.
    3. Pietro Alessandrini & Michele Fratianni, 2015. "In the absence of fiscal union, the Eurozone needs a more flexible monetary policy," Mo.Fi.R. Working Papers 113, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    4. Tamborini, Roberto & Tomaselli, Matteo, 2020. "The determinants of austerity in the European Union 2010–16," The North American Journal of Economics and Finance, Elsevier, vol. 51(C).
    5. Chortareas, Georgios & Mavrodimitrakis, Christos, 2017. "Strategic fiscal policies and leadership in a monetary union," European Journal of Political Economy, Elsevier, vol. 47(C), pages 133-147.
    6. Charles Wyplosz, 2019. "Limits to the independence of the ECB," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(1), pages 35-41, February.
    7. Botta, Alberto & Porcile, Gabriel & Spinola, Danilo & Yajima, Giuliano Toshiro, 2023. "Financial integration, productive development and fiscal policy space in developing countries," Structural Change and Economic Dynamics, Elsevier, vol. 66(C), pages 175-188.
    8. Vinokurov, Evgeny & Demidenko, Mikhail & Korshunov, Dmitry & Kovacs, Mihaly, 2017. "Customs unions, currency crises, and monetary policy coordination: The case of the Eurasian Economic Union," Russian Journal of Economics, Elsevier, vol. 3(3), pages 280-295.
    9. Andreozzi, Luciano & Tamborini, Roberto, 2019. "Models of supranational policymaking and the reform of the EMU," Journal of Policy Modeling, Elsevier, vol. 41(5), pages 819-844.
    10. Raffaele Fargnoli, 2020. "Adapting the EU Economic Governance to New Macroeconomic and Political Realities," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 55(5), pages 320-324, September.

  4. Charles Wyplosz, 2012. "Fiscal Rules: Theoretical Issues and Historical Experiences," NBER Working Papers 17884, National Bureau of Economic Research, Inc.

    Cited by:

    1. Adam Pigon & Michal Ramsza, 2016. "Impact Of A Modified Hp Filter On Countercyclical Behavior Of The Swiss Fiscal Rule," Equilibrium. Quarterly Journal of Economics and Economic Policy, Institute of Economic Research, vol. 11(4), pages 661-674, December.
    2. Brändle, Thomas & Elsener, Marc, 2023. "Do fiscal rules matter? A survey on recent evidence," Working papers 2023/07, Faculty of Business and Economics - University of Basel.
    3. Christofzik, Désirée I. & Kessing, Sebastian G., 2014. "Fiscal Supervision and the Soft Budget Constraint: Evidence from Germany," VfS Annual Conference 2014 (Hamburg): Evidence-based Economic Policy 100315, Verein für Socialpolitik / German Economic Association.
    4. Christofzik, Désirée I. & Kessing, Sebastian G., 2018. "Does fiscal oversight matter?," Journal of Urban Economics, Elsevier, vol. 105(C), pages 70-87.
    5. Veronica Grembi & Tommaso Nannicini & Ugo Troiano, 2012. "Policy Responses to Fiscal Restraints: A Difference-in-Discontinuities Design," CESifo Working Paper Series 3999, CESifo.
    6. Catherine Mathieu & Henri Sterdyniak, 2012. "Faut-il des règles de politiques budgétaires ?," Post-Print hal-01024682, HAL.
    7. Jonung, Lars, 2014. "Reforming the Fiscal Framework. The Case of Sweden 1973-2013," Working Papers 2014:26, Lund University, Department of Economics.
    8. Maltritz, Dominik & Wüste, Sebastian, 2015. "Determinants of budget deficits in Europe: The role and relations of fiscal rules, fiscal councils, creative accounting and the Euro," Economic Modelling, Elsevier, vol. 48(C), pages 222-236.
    9. Westerhout, Ed & Beetsma, Roel, 2019. "A comparison of nominal and indexed debt under fiscal constraints," Journal of International Money and Finance, Elsevier, vol. 91(C), pages 177-194.
    10. Mehmet BÖLÜKBAÞ, 2016. "The Effects of Economic Policies in Turkey: An Application for the Period After 2000," Journal of Social and Administrative Sciences, KSP Journals, vol. 3(4), pages 315-322, December.
    11. Cyrus MUTUKU, 2015. "Assessing Fiscal Policy Cyclicality and Sustainability: A Fiscal Reaction Function for Kenya," Journal of Economics Library, KSP Journals, vol. 2(3), pages 173-191, September.
    12. Thomas Brändle & Marc Elsener, 2024. "Do fiscal rules matter? A survey of recent evidence," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 160(1), pages 1-38, December.
    13. Hanappi, Hardy, 2013. "Future methods of political economy: from Hicks’ equation systems to evolutionary macroeconomic simulation," MPRA Paper 47181, University Library of Munich, Germany.
    14. Sebastian Blesse & Florian Dorn & Max Lay, 2023. "Do Fiscal Rules Undermine Public Investments? A Review of Empirical Evidence," ifo Working Paper Series 393, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    15. Jonathan Portes & Simon Wren-Lewis, 2015. "Issues in the Design of Fiscal Policy Rules," Manchester School, University of Manchester, vol. 83, pages 56-86, September.
    16. Ardanaz, Martín & Ulloa-Suárez, Carolina & Valencia, Oscar, 2024. "Why don't we follow the rules? Drivers of compliance with fiscal policy rules in emerging markets," Journal of International Money and Finance, Elsevier, vol. 142(C).
    17. Cho, Dooyeon & Lee, Kyung-woo, 2022. "Population aging and fiscal sustainability: Nonlinear evidence from Europe," Journal of International Money and Finance, Elsevier, vol. 126(C).
    18. Silvana Bartoletto & Bruno Chiarini & Elisabetta Marzano, 2012. "The Sustainability of Fiscal Policy in Italy: A Long-Term Perspective," CESifo Working Paper Series 3812, CESifo.
    19. Bušs, Ginters & Grüning, Patrick & Tkačevs, Oļegs, 2022. "Choosing the European Fiscal Rule," Dynare Working Papers 75, CEPREMAP.
    20. Francesco Saraceno, 2017. "Rethinking fiscal policy : lessons from the european monetary union," Working Papers hal-03457591, HAL.
    21. del Castillo, Ernesto & Cabral, René, 2024. "Subnational public debt sustainability in Mexico: Is the new fiscal rule working?," European Journal of Political Economy, Elsevier, vol. 82(C).
    22. Kolmer Simon & Schmitz Sebastian, 2025. "Brüssel vs. Berlin: Wie die EU-Fiskalregeln und die Schuldenbremse die Fiskalpolitik herausfordern," Wirtschaftsdienst, Paradigm, vol. 105(10), pages 738-744.
    23. Kumhof, Michael & Laxton, Douglas, 2013. "Simple fiscal policy rules for small open economies," Journal of International Economics, Elsevier, vol. 91(1), pages 113-127.
    24. Jakub Rybacki, 2019. "Fiscal Deficit Forecasts by International Institutions: Evidence for a Double Standard?," KAE Working Papers 2019-044, Warsaw School of Economics, Collegium of Economic Analysis.
    25. Tatiana COVALSCHI & Sebastian LAZÄ‚R, 2016. "The Sustainability Of Public Finances In Republic Of Moldova Under Eu Fiscal Rules," Scientific Annals of Economics and Business (continues Analele Stiintifice), Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 63(2), pages 149-159, July.
    26. Katerina Arnostova & Oxana Babecka Kucharcukova & Jan Babecky & Vojtech Belling & Sona Benecka & Jan Bruha & Martin Gurtler & Tomas Holub & Eva Hromadkova & Lubos Komarek & Zlatuse Komarkova & Petr Kr, 2016. "Analyses of the Czech Republic's Current Economic Alignment with the Euro Area 2016," Occasional Publications - Edited Volumes, Czech National Bank, Research and Statistics Department, number as16 edited by Katerina Arnostova & Lucie Matejkova.
    27. Sangita Misra & Rajiv Ranjan, 2018. "Fiscal rules and procyclicality: an empirical analysis," Indian Economic Review, Springer, vol. 53(1), pages 207-228, December.
    28. Potrafke, Niklas, 2025. "The economic consequences of fiscal rules," Journal of International Money and Finance, Elsevier, vol. 153(C).
    29. Ovalle, Raul & Ramírez, Francisco A., 2014. "Reglas versus Discreción en la Política Fiscal: Introducción al caso Dominicano [Rules vs Discretion in Fiscal Policy: An Introduction to the Case of the Dominican Republic]," MPRA Paper 68332, University Library of Munich, Germany.
    30. Kea Baret & Amélie Barbier-Gauchard & Theophilos Papadimitriou, 2023. "Forecasting the Stability and Growth Pact compliance using Machine Learning," Post-Print hal-03121966, HAL.
    31. Crafts, Nicholas, 2014. "Reducing High Public Debt Ratios: Lessons from UK Experience," CAGE Online Working Paper Series 199, Competitive Advantage in the Global Economy (CAGE).
    32. Reuter, Wolf Heinrich, 2019. "When and why do countries break their national fiscal rules?," European Journal of Political Economy, Elsevier, vol. 57(C), pages 125-141.
    33. Ray, Nikhil. & Velasquez, Agustin. & Islam, Iyanatul,, 2015. "Fiscal rules, growth and employment : a developing country perspective," ILO Working Papers 994881313402676, International Labour Organization.
    34. Andrián, Leandro & Hirs-Garzon, Jorge & Urrea, Ivan Leonardo & Valencia, Oscar, 2024. "Fiscal rules and economic cycles: Quality (always) Matters," European Journal of Political Economy, Elsevier, vol. 85(C).
    35. Kamps Christophe & Leiner-Killinger Nadine, 2019. "Taking Stock of the EU Fiscal Rules over the Past 20 Years and Options for Reform," Journal of Economics and Statistics (Jahrbuecher fuer Nationaloekonomie und Statistik), De Gruyter, vol. 239(5-6), pages 861-894, October.
    36. Maltritz Dominik & Wüste Sebastian, 2020. "What Determines Fiscal Deficits in Europe? The Impact and Interaction of EMU Membership, Fiscal Rules, Fiscal Councils and Creative Accounting," Review of Economics, De Gruyter, vol. 71(1), pages 15-41, April.
    37. Sebastian Blesse & Florian Dorn & Max Lay, 2023. "A Targeted Golden Rule for Public Investments?," EconPol Policy Reports 42, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
    38. Neil Warren, 2013. "National fiscal consolidation and the challenge to Australian federalism," The Economic and Labour Relations Review, , vol. 24(2), pages 161-180, June.
    39. Badinger, Harald & Reuter, Wolf Heinrich, 2015. "Measurement of fiscal rules: Introducing the application of partially ordered set (POSET) theory," Journal of Macroeconomics, Elsevier, vol. 43(C), pages 108-123.
    40. Jakob de Haan & Niels D. Gilbert & Jeroen Hessel & Silvie Verkaart, 2013. "How to Enforce Fiscal Discipline in EMU: A Proposal," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 149(2), pages 205-217, June.
    41. Catrina Ion-Lucian, 2017. "How to stop the snowball growth? A way for sustaining public debt over generations," HOLISTICA – Journal of Business and Public Administration, Paradigm, vol. 8(2), pages 59-68, August.
    42. Nerlich, Carolin & Reuter, Wolf Heinrich, 2013. "The design of national fiscal frameworks and their budgetary impact," Working Paper Series 1588, European Central Bank.
    43. Mr. Tamim Bayoumi, 2015. "The Dog That Didn’t Bark: The Strange Case of Domestic Policy Cooperation in the “New Normal”," IMF Working Papers 2015/156, International Monetary Fund.
    44. Kady Keita & Camelia Turcu, 2019. "How to limit fiscal procyclicality: the role of exchange rate regimes, fiscal rules and institutions," Working Papers 2019.01, International Network for Economic Research - INFER.
    45. Ugo Troiano, 2017. "Cooperative Federalism: The Consequences of the Audit Information Exchange Agreements," NBER Working Papers 24153, National Bureau of Economic Research, Inc.
    46. Neyapti, Bilin, 2013. "Fiscal decentralization, fiscal rules and fiscal discipline," Economics Letters, Elsevier, vol. 121(3), pages 528-532.
    47. Oguzhan Yelkesen & Pelin Varol Iyidogan, 2025. "Do the level of government debt and economic development matter in the impact of fiscal rules on fiscal performance? Evidence from the dynamic panel threshold model," Empirical Economics, Springer, vol. 69(4), pages 1751-1778, October.
    48. Pierre Jaillet & Christian Pfister, 2022. "Better Fiscal Rules for a More Integrated EMU," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 57(6), pages 377-383, November.
    49. Csaba G. Tóth, 2019. "Valuable legacy? The effect of inherited fiscal rules," Public Choice, Springer, vol. 178(1), pages 3-30, January.
    50. Borge, Lars-Erik & Hopland, Arnt O., 2020. "Less fiscal oversight, more adjustment," European Journal of Political Economy, Elsevier, vol. 63(C).
    51. Katerina Arnostova & Tomas Adam & Oxana Babecka Kucharcukova & Jan Babecky & Vojtech Belling & Sona Benecka & Jan Bruha & Martin Gurtler & Tibor Hledik & Tomas Holub & Eva Hromadkova & Lubos Komarek &, 2017. "Analyses of the Czech Republic's Current Economic Alignment with the Euro Area 2017," Occasional Publications - Edited Volumes, Czech National Bank, Research and Statistics Department, number as17 edited by Katerina Arnostova & Lucie Matejkova.
    52. Damir Šehović, 2015. "Analysis of Fiscal Rules in the European Monetary Union," Journal of Central Banking Theory and Practice, Central bank of Montenegro, vol. 4(1), pages 19-33.
    53. Moira Catania & Mark Baimbridge & Ioannis Litsios, 2024. "Forms of fiscal governance in the Euro Area – An update," Scottish Journal of Political Economy, Scottish Economic Society, vol. 71(3), pages 346-378, July.
    54. Mihaela Onofrei & Tudorel Toader & Anca Florentina Vatamanu & Florin Oprea, 2021. "Impact of Governments’ Fiscal Behaviors on Public Finance Sustainability: A Comparative Study," Sustainability, MDPI, vol. 13(7), pages 1-16, March.
    55. Căpraru, Bogdan & Georgescu, George & Sprincean, Nicu, 2022. "Do independent fiscal institutions cause better fiscal outcomes in the European Union?," Economic Systems, Elsevier, vol. 46(2).
    56. Dulleck, Uwe & Wigger, Berthold U., 2015. "Politicians as experts, electoral control, and fiscal restraints," Journal of Public Economics, Elsevier, vol. 121(C), pages 106-116.
    57. Wildmer Daniel Gregori, 2018. "To what extent do fiscal spending rules affect budget composition?," Public Sector Economics, Institute of Public Finance, vol. 42(3), pages 325-345.
    58. Tóth, Csaba G., 2017. "Own or inherited? The effect of national fiscal rules after changes of government," MPRA Paper 81178, University Library of Munich, Germany.
    59. Grosse-Steffen, Christoph & Pagenhardt, Laura & Rieth, Malte, 2025. "Committed to flexible fiscal rules," Journal of Monetary Economics, Elsevier, vol. 154(C).
    60. Arnaud Lechevalier, 2015. "Eucken under the Pillow: The Ordoliberal Imprint on Social Europe," Post-Print halshs-03781875, HAL.
    61. Coulibaly, Yacouba & Diallo, Askandarou Cheik, 2025. "Can fiscal rules improve banking system stability in developing countries?," Journal of Macroeconomics, Elsevier, vol. 86(C).
    62. Jonung, Lars, 2014. "The Swedish Experience of Fiscal Reform: Lessons for Portugal," Working Papers 2014:27, Lund University, Department of Economics.
    63. Joanna Dzialo, 2016. "Are fiscal rules an effective instrument in consolidating public finances? Conclusions from the economic crisis," Ekonomia i Prawo, Uniwersytet Mikolaja Kopernika, vol. 15(1), pages 59-71, March.
    64. Kumhof, Michael & Laxton, Douglas, 2013. "Fiscal deficits and current account deficits," Journal of Economic Dynamics and Control, Elsevier, vol. 37(10), pages 2062-2082.
    65. Kamps, Christophe & Leiner-Killinger, Nadine, 2019. "Taking stock of the functioning of the EU fiscal rules and options for reform," Occasional Paper Series 231, European Central Bank.
    66. Bajaro, Donna Faye E. & Galimberti, Jaqueson K. & Qureshi, Irfan A., 2025. "Monetary policy under fiscal stress: A forward-looking analysis of fiscal dominance," Journal of Macroeconomics, Elsevier, vol. 86(C).
    67. Vlassis Missos, 2021. "Introducing a Safety Net: The Effects of Neoliberal Policy on Welfare, Poverty, and the Net Social Wage during the Greek Crisis," Review of Radical Political Economics, Union for Radical Political Economics, vol. 53(1), pages 58-76, March.
    68. Slawomir Franek & Marta Postula, 2020. "Does Eurozone Membership Strengthen the Significance of Fiscal Instruments?," Annals of Economics and Finance, Society for AEF, vol. 21(1), pages 131-151, May.
    69. Matthias Bauer, 2013. "Political Aversion To a Multilateral Fiscal Rule: The Dynamic Commitment Problem in European Fiscal Governance," Global Financial Markets Working Paper Series 44-2013, Friedrich-Schiller-University Jena.
    70. Csaba G. Tóth & Dávid Berta, 2017. "Fiscal Rules," MNB Handbook, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 2(14), pages 1-60.
    71. Wolf Heinrich Reuter, 2016. "Design of fiscal frameworks and compliance with fiscal rules in CESEE," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 29-40.
    72. Jan Priewe, 2021. "Reforming the Fiscal Rulebook for the Euro Area – and the Challenge of Old and New Public Debt," IMK Studies 72-2021, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    73. Balatoni, András & Tóth G., Csaba, 2012. "Az új magyar adósságszabály értékelése [Assessment of the new regulations on debt]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 1107-1137.

  5. Yung Chul Park & Charles Wyplosz, 2012. "International Monetary Reform : A Critical Appraisal of Some Proposals," Finance Working Papers 23313, East Asian Bureau of Economic Research.

    Cited by:

    1. MĂRGINEAN Silvia Cristina & ORĂȘTEAN Ramona, 2020. "The Challenges Of Reforming The International Monetary System In The Post Covid-19 World," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 15(3), pages 61-73, December.

  6. Charles Wyplosz, 2011. "European Debt Crisis: What Is The Way Out," CASE Network E-briefs 04, CASE-Center for Social and Economic Research.

    Cited by:

    1. Gunther Schnabl, 2012. "Die japanischen Lehren für die europäische Krise," Global Financial Markets Working Paper Series 2012-36, Friedrich-Schiller-University Jena.

  7. Charles Wyplosz, 2010. "The Eurozone in the Current Crisis," Finance Working Papers 22825, East Asian Bureau of Economic Research.

    Cited by:

    1. Valerio Filoso & Carlo Panico & Erasmo Papagni & Francesco Purificato & Marta Vázquez Suarez, 2017. "Causes and timing of the European debt crisis: An econometric evaluation," EERI Research Paper Series EERI RP 2017/03, Economics and Econometrics Research Institute (EERI), Brussels.
    2. Beniamino Moro, 2013. "The Run On Repo and the Liquidity Shortage Problems of the Current Global Financial Crisis: Europe vs. The US," Ekonomi-tek - International Economics Journal, Turkish Economic Association, vol. 2(1), pages 41-77, January.
    3. Tomas Adam & Oxana Babecka Kucharcukova & Jan Babecky & Vojtech Belling & Sona Benecka & Jan Bruha & Kamil Galuscak & Tomas Holub & Eva Hromadkova & Lubos Komarek & Zlatuse Komarkova & Kamila Kulhava , 2015. "Analyses of the Czech Republic's Current Economic Alignment with the Euro Area 2015," Occasional Publications - Edited Volumes, Czech National Bank, Research and Statistics Department, number as15 edited by Kamila Kulhava & Lucie Matejkova.
    4. Liliana SIMIONESCU & Dalina DUMITRESCU, 2014. "Corporate Social Responsibility And Financial Crisis," Journal of Public Administration, Finance and Law, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, vol. 0(Special i), pages 31-37, September.
    5. Carlo Panico & Francesco Purificato, 2012. "The Role of Institutional and Political Factors in the European Debt Crisis," Working Papers wp280, Political Economy Research Institute, University of Massachusetts at Amherst.
    6. Santiago Capraro & Carlo Panico & Ignacio Perrotini & Francesco Purificato, 2012. "Austerit? o politiche coordinate ed espansive? Le difficili scelte delle autorit? europee," STUDI ECONOMICI, FrancoAngeli Editore, vol. 2012(108), pages 81-112.
    7. Mező, Júlia & Udvari, Beáta, 2012. "Effects of the debt crisis on the EU-China relations," MPRA Paper 40367, University Library of Munich, Germany.
    8. Pavla Bednářová, 2011. "The Fiscal Position of Eurozone Countries under the influence of the global economic crisis [Fiskální pozice zemí eurozóny pod vlivem světové hospodářské krize]," Současná Evropa, Prague University of Economics and Business, vol. 2011(1), pages 17-31.

  8. Weber, Sebastian & Wyplosz, Charles, 2009. "Exchange rates during the crisis," Policy Research Working Paper Series 5059, The World Bank.

    Cited by:

    1. Marilyne Huchet & J. Korinek, 2011. "To what extent do exchange rates and their volatility affect trade ?," Post-Print hal-00729403, HAL.
    2. Diniz-Maganini, Natalia & Rasheed, Abdul A. & Sheng, Hsia Hua, 2021. "Exchange rate regimes and price efficiency: Empirical examination of the impact of financial crisis," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 73(C).
    3. Richard Pomfret & Victor Pontines, 2013. "Exchange Rate Policy and Regional Trade Agreements: A Case of Conflicted Interests?," ADBI Working Papers 436, Asian Development Bank Institute.
    4. Lan Huong Hoang, 2016. "The Role of Exchange Rate in Supporting Trade Balance in Vietnam," IHEID Working Papers 16-2016, Economics Section, The Graduate Institute of International Studies.

  9. Jürgen von Hagen & Charles Wyplosz, 2008. "EMU's Decentralized System of Fiscal Policy," European Economy - Economic Papers 2008 - 2015 306, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.

    Cited by:

    1. Zemanek, Holger, 2009. "Fiscal Transfers and Structural Reforms in the European Monetary Union," MPRA Paper 19357, University Library of Munich, Germany.
    2. Angelo Baglioni & Andrea Boitani & Massimo Bordignon, 2015. "Labor Mobility and Fiscal Policy in a Currency Union," CESifo Working Paper Series 5159, CESifo.
    3. Christoph Bierbrauer, 2017. "National Fiscal Stimulus Packages And Consolidation Strategies In A Monetary Union," IEER Working Papers 110, Institute of Empirical Economic Research, Osnabrueck University.
    4. Aleksander Aristovnik & Matevž Meze, 2017. "The impact of supranational fiscal rules on public finance: the case of EMU member states," Global Business and Economics Review, Inderscience Enterprises Ltd, vol. 19(1), pages 38-53.
    5. Étienne Farvaque & Florence Huart, 2016. "Drowned by Numbers? Designing an EU-wide Unemployment Insurance," CIRANO Working Papers 2016s-33, CIRANO.
    6. Etienne Farvaque & Florence Huart, 2017. "A policymaker’s guide to a Euro area stabilization fund," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 34(1), pages 11-30, April.
    7. Virkola, Tuomo, 2014. "Fiscal Federalism in Four Federal Countries," ETLA Reports 38, The Research Institute of the Finnish Economy.
    8. Cole, Alexandre Lucas & Guerello, Chiara & Traficante, Guido, 2018. "One EMU Fiscal Policy for the EURO," MPRA Paper 97380, University Library of Munich, Germany.
    9. Alessandro Turrini, 2008. "Fiscal policy and the cycle in the Euro Area: The role of government revenue and expenditure," European Economy - Economic Papers 2008 - 2015 323, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.

  10. Yung Chul Park & Charles Wyplosz, 2008. "Monetary and Financial Integration in East Asia: The Relevance of European Experience," European Economy - Economic Papers 2008 - 2015 329, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.

    Cited by:

    1. Yana Valeryevna Dyomina, 2018. "The Effect of Currency Policy on Portfolio Investments in East Asia Countries," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 2, pages 74-91.
    2. Kelvin Ho & Eric Wong & Edward Tan, 2016. "A New Approach to the Estimation of Equilibrium Real Exchange Rates among East-Asian Economies," Working Papers 132016, Hong Kong Institute for Monetary Research.
    3. Hyun-Hoon Lee & Hyeon-seung Huh & Donghyun Park, 2011. "Financial Integration in East Asia: An Empirical Investigation," ADB Economics Working Paper Series 259, Asian Development Bank.
    4. Philip Turner, 2012. "Macroprudential policies in EMEs: theory and practice," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial sector regulation for growth, equity and stability, volume 62, pages 125-139, Bank for International Settlements.
    5. Inderjit Kaur & Nirvikar Singh, 2014. "Financial Integration and Financial Development in East Asia," Millennial Asia, , vol. 5(1), pages 1-22, April.
    6. Jean Pisani-Ferry & Jérémie Cohen-Setton, 2008. "Asia-Europe- The Third Link," Bruegel Working Papers 44, Bruegel.
    7. Yana Valeryevna Dyomina, 2019. "Cross-Border Capital Flows in East Asia: Impact of Monetary Policy Measures," Spatial Economics=Prostranstvennaya Ekonomika, Economic Research Institute, Far Eastern Branch, Russian Academy of Sciences (Khabarovsk, Russia), issue 3, pages 99-124.
    8. C. Randall Henning, 2011. "Coordinating Regional and Multilateral Financial Institutions," Working Paper Series WP11-9, Peterson Institute for International Economics.
    9. Sonia Kumari Selvarajan & Rossazana Ab-Rahim, 2020. "Financial Integration and Economic Growth: Should Asia Emulate Europe?," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 35(1), pages 191-213.
    10. Hyun-Hoon Lee & Donghyun Park, 2013. "The Financial Role Of East Asian Countries In Global Imbalances: An Econometric Assessment Of Developments After The Global Financial Crisis," Global Journal of Economics (GJE), World Scientific Publishing Co. Pte. Ltd., vol. 2(02), pages 1-29.
    11. Chikako IWATA & Jose Ma. Luis MONTESCLAROS & Xiao QI, 2015. "Systemic risks of asean+3 financial integration: challenges, opportunities and the future," Revista Digital Mundo Asia Pacífico, Universidad EAFIT, vol. 4(5), pages 63-80.
    12. Mario Lamberte & Peter J. Morgan, 2012. "Regional and Global Monetary Cooperation," ADBI Working Papers 346, Asian Development Bank Institute.
    13. Woosik Moon & Yeongseop Rhee, 2012. "Asian Monetary Integration," Books, Edward Elgar Publishing, number 14191.
    14. Jamshaid ur Rehman & Tasneem Zafar & Shabbir Ahmad & Aftab Anwar, 2022. "In Search of Common Currency Anchor for ASEAN+3+3 Countries," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 8(3), pages 237-264, September.
    15. Yung-Chul Park & Kwanho Shin, 2011. "Internationalisation of currency in East Asia: implications for regional monetary and financial cooperation," BIS Papers chapters, in: Bank for International Settlements (ed.), Currency internationalisation: lessons from the global financial crisis and prospects for the future in Asia and the Pacific, volume 61, pages 180-197, Bank for International Settlements.
    16. Ma, Guonan & McCauley, Robert N., 2011. "The evolving renminbi regime and implications for Asian currency stability," Journal of the Japanese and International Economies, Elsevier, vol. 25(1), pages 23-38, March.
    17. Natasha Hamilton-Hart, 2011. "Distribution, Domestic Politics and Monetary Cooperation in East Asia," ADBI Working Papers 332, Asian Development Bank Institute.
    18. Jamshaid Ur Rehman & Muhammad Nadeem Javaid & Nisar Ahmad, 2025. "Prospects for connectivity and integration between Pakistan and ASEAN + 3 + 3 countries through the lens of optimal currency area theory," Quality & Quantity: International Journal of Methodology, Springer, vol. 59(3), pages 2825-2859, June.
    19. Gajewski, Krzysztof & Olszewski, Krzysztof & Pawłowska, Małgorzata & Rogowski, Wojciech & Tchorek, Grzegorz & Zięba, Jolanta, 2012. "Integracja finansowa w Europie po wprowadzeniu euro. Przegląd literatury [Financial integration in Europe after the introduction of the euro. A literature overview]," MPRA Paper 42482, University Library of Munich, Germany.

  11. Pierre Gosselin & A. Lotz & C. Wyplosz, 2008. "When Central Banks Reveal Future Interest Rates: Alignment of Expectations Vs. Creative Opacity," Post-Print hal-00383304, HAL.

    Cited by:

    1. Alex Cukierman, 2009. "The Limits of Transparency," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 38(1‐2), pages 1-37, February.
    2. Michael Frenkel & Jin-Kyu Jung & Jan-Christoph Rülke, 2017. "Rationalizing the Bias in Central Banks' Interest Rate Projections," WHU Working Paper Series - Economics Group 17-03, WHU - Otto Beisheim School of Management.
    3. Lotz, Aïleen, 2011. "An Economic Approach to the Self : the Dual Agent," MPRA Paper 30043, University Library of Munich, Germany.
    4. Lotz, Aileen & Gosselin, Pierre, 2012. "A dynamic model of interactions between conscious and unconscious," MPRA Paper 36697, University Library of Munich, Germany.

  12. Charles Wyplosz, 2007. "Exchange Rate Arrangements in Asia: Do They Matter?," IHEID Working Papers 04-2007, Economics Section, The Graduate Institute of International Studies, revised 12 Aug 2004.

    Cited by:

    1. Charles Wyplosz, 2007. "Is East Asia Safe from Financial Crises?," IHEID Working Papers 02-2007, Economics Section, The Graduate Institute of International Studies.

  13. Charles Wyplosz, 2007. "Is East Asia Safe from Financial Crises?," IHEID Working Papers 02-2007, Economics Section, The Graduate Institute of International Studies.

    Cited by:

    1. Hiroshi Fujiki & Akiko Terada-Hagiwara, 2007. "Financial Integration in East Asia," IMES Discussion Paper Series 07-E-12, Institute for Monetary and Economic Studies, Bank of Japan.
    2. Paola L. Montero Ledezma, 2018. "The Role of Politics in Financial Crises in Emerging Markets," Investigación & Desarrollo 0118, Universidad Privada Boliviana.
    3. Luc Can & Mohamed Ariff, 2009. "Performance of East Asian banking sectors under IMF-supported programs," Journal of the Asia Pacific Economy, Taylor & Francis Journals, vol. 14(1), pages 5-26.

  14. Charles Wyplosz, 2007. "Debt Sustainability Assessment: The IMF Approach and Alternatives," IHEID Working Papers 03-2007, Economics Section, The Graduate Institute of International Studies.

    Cited by:

    1. Litsios, Ioannis & Pilbeam, Keith, 2017. "An empirical analysis of the nexus between investment, fiscal balances and current account balances in Greece, Portugal and Spain," Economic Modelling, Elsevier, vol. 63(C), pages 143-152.
    2. Lacina Balma & Daniel Gurara, 2019. "Working Paper 324 - Public Investment, Time-to-Build, and Fiscal Stimulus," Working Paper Series 2450, African Development Bank.
    3. Marianna Sávai, 2016. "Short-term Fiscal Sustainability of V4 Countries," European Financial and Accounting Journal, Prague University of Economics and Business, vol. 2016(3), pages 169-182.
    4. Salifou Issoufou & Mr. Edward F Buffie & Mouhamadou Bamba Diop & Kalidou Thiaw, 2014. "Efficient Energy Investment and Fiscal Adjustment in Senegal," IMF Working Papers 2014/044, International Monetary Fund.
    5. Boengiu, Tudor & Morar Triandafil, Cristina & Morar Triandafil, Adrian, 2011. "Debt Ceiling and External Debt Sustainability in Romania: A Quantile Autoregression Model," Journal for Economic Forecasting, Institute for Economic Forecasting, vol. 0(4), pages 15-29, December.
    6. Pradhan, Krishanu, 2014. "Assessment of India's fiscal and external sector vulnerability: A balance sheet approach," Working Papers 327, Institute for Social and Economic Change, Bangalore.
    7. Baumann, Ursel & Albuquerque, Bruno & Krustev, Georgi, 2014. "Has US household deleveraging ended? a model-based estimate of equilibrium debt," Working Paper Series 1643, European Central Bank.
    8. Chauvin, S. & Golitin, V., 2010. "Borrowing requirements and external debt sustainability of Sub-Saharan African countries," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 17, pages 47-77, Spring.
    9. Ayaz Khan & Inam Khan & Fahim Nawaz & Dr. Muhammad Kamran Khan & Samia Yousaf, 2024. "Public Debt and Economic Growth in Development Spectrum with Moderating Role of Governance Quality," International Journal of Politics & Social Sciences Review (IJPSSR), International Journal of Politics & Social Sciences Review (IJPSSR), vol. 3(III), pages 445-451.
    10. Akhmadieva, Veronika, 2022. "Fiscal adjustment in a panel of countries 1870–2016," Journal of Comparative Economics, Elsevier, vol. 50(2), pages 555-568.
    11. Bassa, Karolina & Cont, Rama, 2025. "Dynamics of sovereign debt: credit risk and sustainability analysis," INET Oxford Working Papers 2025-24, Institute for New Economic Thinking at the Oxford Martin School, University of Oxford.
    12. Mthuli Ncube & Zuzana Brixiova, 2015. "Working Paper 227 - Public Debt Sustainability in Africa: Building Resilience and Challenges Ahead," Working Paper Series 2170, African Development Bank.
    13. Amarachukwu Anthony ANYANWU, 2021. "Debt-financed public investment in developing countries: Does the efficiency of public investment matter?," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania / Editura Economica, vol. 0(1(626), S), pages 259-272, Spring.
    14. Kevin Lee & Kian Ong & Kalvinder K. Shields, 2020. "Making Fiscal Adjustments Using Event Probability Forecasts in OECD Countries," The Economic Record, The Economic Society of Australia, vol. 96(314), pages 294-313, September.
    15. Ncube, Mthuli & Brixiova Schwidrowski, Zuzana, 2015. "Public Debt Sustainability in Africa: Building Resilience and Challenges Ahead," IZA Policy Papers 101, Institute of Labor Economics (IZA).
    16. Michele Andreolli & Aidar Abdychev, 2016. "Investing in Electricity, Growth, and Debt Sustainability: The Case of Lesotho," IMF Working Papers 2016/115, International Monetary Fund.
    17. Krishanu Pradhan, 2018. "Assessment of India’s Fiscal and External Sector Vulnerability: A Balance Sheet Approach," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 12(3), pages 308-332, August.
    18. Maximilien Kaffo Melou & Mariusz A. Sumlinski & Chris Geiregat, 2014. "An Application of the "Fan-Chart Approach" to Debt Sustainability in Post-HIPC Low-Income Countries," IMF Working Papers 2014/102, International Monetary Fund.
    19. Debapriya Bhattacharya & Zeeshan Ashraf, 2018. "Is Bangladesh Rolling towards Debt Stress? An Exploration of Debt Sustainability in the Context of Recent External Financial Flows," South Asian Journal of Macroeconomics and Public Finance, , vol. 7(2), pages 137-173, December.
    20. Jordi Paniagua & Juan Sapena & Cecilio Tamarit, 2016. "Fiscal Sustainability in EMU contries: A continued Fiscal commitment?," Working Papers 1608, Department of Applied Economics II, Universidad de Valencia.
    21. Ben Hassine Khalladi, Hela, 2019. "Public Debt Sustainability Assessment: A Stochastic Approach for Tunisia," MPRA Paper 93892, University Library of Munich, Germany.
    22. Abdhut Deheri & Ajit Nag, 2023. "Assessing the Long-Run Sustainability of Public Debt and Fiscal Deficit in India," Global Journal of Emerging Market Economies, Emerging Markets Forum, vol. 15(3), pages 313-329, September.
    23. A. Bruggeman & Ch. Van Nieuwenhuyze, 2013. "Size and dynamics of debt positions in Belgium and in the euro area," Economic Review, National Bank of Belgium, issue i, pages 57-77, June.
    24. Abubakar, Attahir B. & McCausland, W. David & Theodossiou, Ioannis, 2025. "Do debt relief and fiscal rules improve public debt sustainability? The experience of sub-Sahara African countries," Journal of Policy Modeling, Elsevier, vol. 47(1), pages 166-186.
    25. Cuerpo, Carlos & Drumond, Inês & Lendvai, Julia & Pontuch, Peter & Raciborski, Rafal, 2015. "Private sector deleveraging in Europe," Economic Modelling, Elsevier, vol. 44(C), pages 372-383.
    26. Moshammer, Edmund & Pierluigi, Beatrice & Masuch, Klaus, 2016. "Institutions, public debt and growth in Europe," Working Paper Series 1963, European Central Bank.
    27. Robert Ambrisko & Vilma Dingova & Michal Dvorak & Dana Hajkova & Eva Hromadkova & Kamila Kulhava & Radka Stikova, 2017. "Assessing the Fiscal Sustainability of the Czech Republic," Research and Policy Notes 2017/02, Czech National Bank, Research and Statistics Department.
    28. Sávai, Marianna, 2025. "Költségvetési fenntarthatóság a koronavírus-járvány után. A visegrádi országok adósságdinamikájuk tükrében [Fiscal sustainability based on debt-dynamics: evidence from the Visegrad countries after COVID-19]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 757-776.
    29. Ugo Panizza, 2008. "The External Debt Contentious Six Years after the Monterrey Consensus," G-24 Discussion Papers 51, United Nations Conference on Trade and Development.
    30. Mr. Giovanni Melina & Ms. Susan S. Yang & Luis-Felipe Zanna, 2014. "Debt Sustainability, Public Investment, and Natural Resources in Developing Countries: the DIGNAR Model," IMF Working Papers 2014/050, International Monetary Fund.
    31. Miracle Okoth Mudeyi & Merlene Amonde, 2024. "Towards a Transformative Approach: Rethinking Debt Architecture through TWAIL Lens," Development, Palgrave Macmillan;Society for International Deveopment, vol. 67(3), pages 370-377, December.
    32. Klaus Masuch & Edmund Moshammer & Beatrice Pierluigi, 2017. "Institutions, public debt and growth in Europe," Public Sector Economics, Institute of Public Finance, vol. 41(2), pages 159-205.
    33. Masuch, Klaus & Moshammer, Edmund & Pierluigi, Beatrice, 2016. "Institutions and Growth in Europe," CEPS Papers 11482, Centre for European Policy Studies.
    34. George Kararach & Jacob Oduor & Edward Sennoga & Walter Odero & Peter Rasmussen & Lacina Balma, 2022. "Working Paper 365 - Public Investment Efficiency, Economic Growth and Debt Sustainability in Africa," Working Paper Series 2491, African Development Bank.
    35. Mr. Yibin Mu, 2012. "Striking an Appropriate Balance Among Public Investment, Growth, and Debt Sustainability in Cape Verde," IMF Working Papers 2012/280, International Monetary Fund.

  15. Wyplosz, Charles & Gosselin, Pierre & ,, 2007. "Interest Rate Signals and Central Bank Transparency," CEPR Discussion Papers 6454, Centre for Economic Policy Research.

    Cited by:

    1. Alexandre Kohlhas, 2015. "Learning-by-Sharing: Monetary Policy and the Information Content of Public Signals," 2015 Meeting Papers 57, Society for Economic Dynamics.
    2. Benjamin Born & Michael Ehrmann & Marcel Fratzscher, 2011. "How Should Central Banks Deal with a Financial Stability Objective? The Evolving Role of Communication as a Policy Instrument," Chapters, in: Sylvester Eijffinger & Donato Masciandaro (ed.), Handbook of Central Banking, Financial Regulation and Supervision, chapter 9, Edward Elgar Publishing.
    3. Clemens J. M. Kool Author-Name-First Clemens J. M. & Daniel L. Thornton Author-Name-First Daniel L., 2014. "How Effective Is Central Bank Forward Guidance?," Working Papers CASMEF 1405, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    4. van der Cruijsen, C.A.B., 2008. "The economic impact of central bank transparency," Other publications TiSEM 86c1ba91-1952-45b4-adac-8, Tilburg University, School of Economics and Management.
    5. Lindner Axel, 2009. "Evaluating Communication Strategies for Public Agencies: Transparency, Opacity, and Secrecy," The B.E. Journal of Macroeconomics, De Gruyter, vol. 9(1), pages 1-18, July.
    6. van Holle, Frederiek, 2017. "Essays in empirical finance and monetary policy," Other publications TiSEM 30d11a4b-7bc9-4c81-ad24-5, Tilburg University, School of Economics and Management.
    7. Alan S. Blinder & Michael Ehrmann & Marcel Fratzscher & Jakob De Haan & David-Jan Jansen, 2008. "Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence," Journal of Economic Literature, American Economic Association, vol. 46(4), pages 910-945, December.
    8. Hayo, Bernd & Neuenkirch, Matthias, 2010. "Do Federal Reserve communications help predict federal funds target rate decisions?," Journal of Macroeconomics, Elsevier, vol. 32(4), pages 1014-1024, December.
    9. van der Cruijsen, Carin A.B. & Eijffinger, Sylvester C.W. & Hoogduin, Lex H., 2010. "Optimal central bank transparency," Journal of International Money and Finance, Elsevier, vol. 29(8), pages 1482-1507, December.
    10. Florin Cornel DUMITER & Horatiu Florin SOIM, 2012. "Bank of England’s monetary policy committee – assessing the importance and the implication upon monetary policy," Anale. Seria Stiinte Economice. Timisoara, Faculty of Economic Sciences, Tibiscus University of Timisoara, vol. 0, pages 61-67, May.
    11. Neuenkirch, Matthias, 2013. "Central bank transparency and financial market expectations: The case of emerging markets," Economic Systems, Elsevier, vol. 37(4), pages 598-609.
    12. Lindner, Axel, 2008. "Evaluating communication strategies for public agencies: transparency, opacity, and secrecy," IWH Discussion Papers 8/2008, Halle Institute for Economic Research (IWH).
    13. Müller, Lena Sophia & Glas, Alexander, 2021. "Talking in a language that everyone can understand? Transparency of speeches by the ECB Executive Board," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242364, Verein für Socialpolitik / German Economic Association.
    14. Alan S. Blinder, 2008. "Talking about Monetary Policy: The Virtues (and Vices?) of Central Bank Communication," Working Papers 1048, Princeton University, Department of Economics, Center for Economic Policy Studies..
    15. James, Jonathan G. & Lawler, Phillip, 2010. "Macroeconomic shocks, unionized labour markets and central bank disclosure policy: How beneficial is increased transparency?," European Journal of Political Economy, Elsevier, vol. 26(4), pages 506-516, December.
    16. Pierre Gosselin & Aileen Lotz & Charles Wyplosz, 2008. "The Expected Interest Rate Path: Alignment of Expectations vs. Creative Opacity," International Journal of Central Banking, International Journal of Central Banking, vol. 4(3), pages 145-185, September.
    17. Yahya, Farzan & Lee, Chien-Chiang & Chen, Pei-Fen, 2025. "Is central bank resilience vulnerable to climate risks? The role of exchange rate stability and green policies," Journal of Asian Economics, Elsevier, vol. 99(C).
    18. Ehrmann, Michael & Fratzscher, Marcel & Born, Benjamin, 2010. "Macroprudential policy and central bank communication," CEPR Discussion Papers 8094, Centre for Economic Policy Research.

  16. Wyplosz, Charles & Gosselin-Lotz, Aileen & Gosselin, Pierre, 2006. "How Much Information Should Interest Rate-Setting Central Banks Reveal?," CEPR Discussion Papers 5666, Centre for Economic Policy Research.

    Cited by:

    1. Clemens J. M. Kool Author-Name-First Clemens J. M. & Daniel L. Thornton Author-Name-First Daniel L., 2014. "How Effective Is Central Bank Forward Guidance?," Working Papers CASMEF 1405, Dipartimento di Economia e Finanza, LUISS Guido Carli.
    2. Ullrich, Katrin, 2007. "Inflation Expectations of Experts and ECB Communication," ZEW Discussion Papers 07-054, ZEW - Leibniz Centre for European Economic Research.
    3. Ehrmann, Michael & Fratzscher, Marcel, 2007. "Social value of public information: testing the limits to transparency," Working Paper Series 821, European Central Bank.
    4. Lotz, Aïleen, 2011. "An Economic Approach to the Self : the Dual Agent," MPRA Paper 30043, University Library of Munich, Germany.
    5. Marek Rozkrut, 2008. "It’s not only WHAT is said, it’s also WHO the speaker is. Evaluating the effectiveness of central bank communication," NBP Working Papers 47, Narodowy Bank Polski.
    6. Phan, Tuan, 2013. "Should Central Banks publish interest rate forecasts? - A Survey," MPRA Paper 44676, University Library of Munich, Germany, revised 01 Mar 2013.
    7. Lotz, Aileen & Gosselin, Pierre, 2012. "A dynamic model of interactions between conscious and unconscious," MPRA Paper 36697, University Library of Munich, Germany.

  17. Wyplosz, Charles & Krogstrup, Signe, 2006. "A Common Pool Theory of Deficit Bias Correction," CEPR Discussion Papers 5866, Centre for Economic Policy Research.

    Cited by:

    1. Stähler, Nikolai, 2007. "Taxing deficits to restrain government spending and foster capital accumulation," Discussion Paper Series 1: Economic Studies 2007,26, Deutsche Bundesbank.
    2. Roel M.W.J. Beetsma & Frederick van der Ploeg, 2007. "Partisan Public Investment and Debt: The Case for Fiscal Restrictions," Economics Working Papers ECO2007/37, European University Institute.
    3. S bastien W lti & Signe Krogstrup, 2006. "Women and budget deficits," Trinity Economics Papers tep0307, Trinity College Dublin, Department of Economics, revised Apr 2007.
    4. Nikolai Stähler, 2009. "Taxing Deficits to Restrain Government Spending," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 11(1), pages 159-176, February.
    5. Sophia Gollwitzer, 2010. "Budget Institutions and Fiscal Performance in Africa," Discussion Papers 10/02, University of Nottingham, CREDIT.
    6. Mr. Xavier Debrun & Mr. Manmohan S. Kumar, 2007. "The Discipline-Enhancing Role of Fiscal Institutions: Theory and Empirical Evidence," IMF Working Papers 2007/171, International Monetary Fund.
    7. Jürgen Hagen, 2010. "Sticking to fiscal plans: the role of institutions," Public Choice, Springer, vol. 144(3), pages 487-503, September.
    8. Noell Machinjike & Wellington G. Bonga, 2021. "Fiscal Discipline and Budget Processes: Evidence from Zimbabwe," International Journal of Research and Innovation in Social Science, International Journal of Research and Innovation in Social Science (IJRISS), vol. 5(2), pages 607-616, February.
    9. N/A, 2007. "Tying hands is not commitment- can fiscal rules and institutions really enhance fiscal discipline?," Bruegel Working Papers 48, Bruegel.
    10. Jürgen von Hagen & Charles Wyplosz, 2008. "EMU's Decentralized System of Fiscal Policy," European Economy - Economic Papers 2008 - 2015 306, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    11. Mark Hallerberg & Guntram Wolff, 2008. "Fiscal institutions, fiscal policy and sovereign risk premia in EMU," Public Choice, Springer, vol. 136(3), pages 379-396, September.
    12. Beetsma, Roel & Schabert, Andreas & Ribeiro, Marcos Poplawski, 2008. "A Comparison of Debt and Primary-deficit Constraints," CEPR Discussion Papers 6897, Centre for Economic Policy Research.
    13. Riedel, Nadine & Simmler, Martin & Wittrock, Christian, 2020. "Local fiscal policies and their impact on the number and spatial distribution of new firms," Regional Science and Urban Economics, Elsevier, vol. 83(C).
    14. Signe Krogstruo & Sébastien Wälti, 2009. "Enfranchisement and budget deficits: a theoretical note," IHEID Working Papers 01-2009, Economics Section, The Graduate Institute of International Studies.
    15. Philipp Weber & Laura A. Zell & Lars P. Feld & Christoph A. Schaltegger, 2024. "Functionality of Fiscal Rules in a Low Interest Rate Environment – New Empirical Results for Swiss Cantons," CESifo Working Paper Series 11351, CESifo.
    16. Jerome Creel & Etienne Farvaque, 2009. "The political economy of balanced-budget rules," Documents de Travail de l'OFCE 2009-06, Observatoire Francais des Conjonctures Economiques (OFCE).
    17. Simon Wren-Lewis, 2011. "Comparing the delegation of monetary and fiscal policy," Economics Series Working Papers 540, University of Oxford, Department of Economics.
    18. Ringa Raudla, 2010. "Governing budgetary commons: what can we learn from Elinor Ostrom?," European Journal of Law and Economics, Springer, vol. 30(3), pages 201-221, December.
    19. Barra, Cristian & Bimonte, Giovanna & Spennati, Pietro, 2014. "The common pool problem of intergovernmental interactions," MPRA Paper 57062, University Library of Munich, Germany.
    20. Krishanu Karmakar & Jorge Martinez-Vazquez, 2014. "Fiscal Competition versus Fiscal Harmonization: A Review of the Arguments," International Center for Public Policy Working Paper Series, at AYSPS, GSU paper1431, International Center for Public Policy, Andrew Young School of Policy Studies, Georgia State University.
    21. Hallerberg, Mark & Wolff, Guntram B., 2006. "Fiscal institutions, fiscal policy and sovereign risk premia," Discussion Paper Series 1: Economic Studies 2006,35, Deutsche Bundesbank.
    22. van der Ploeg, Frederick & Beetsma, Roel, 2007. "The Political Economy of Public Investment," CEPR Discussion Papers 6090, Centre for Economic Policy Research.

  18. Wyplosz, Charles & Ivanova, Nadezhda & Asici, Ahmet Atil, 2005. "How to Exit from Fixed Exchange Rate Regimes," CEPR Discussion Papers 5141, Centre for Economic Policy Research.

    Cited by:

    1. Mr. Alejandro D Guerson, 2015. "Inflation Dynamics and Monetary Policy in Bolivia," IMF Working Papers 2015/266, International Monetary Fund.
    2. Michael W. Klein & Jay C. Shambaugh, 2006. "The Nature of Exchange Rate Regimes," NBER Working Papers 12729, National Bureau of Economic Research, Inc.
    3. Nadezhda Ivanova, 2007. "Estimation of the Equilibrium Real Exchange Rate in Russia: Trade-Balance Approach," Working Papers w0102, New Economic School (NES).
    4. Ahmet Atil Asici, 2010. "Parametric and non-parametric approaches to exits from fixed exchange rate regimes," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 15(4), pages 381-406.
    5. Mr. Felix Fischer & Charlotte J. Lundgren & Mr. Samir Jahjah, 2013. "Making Monetary Policy More Effective: The Case of the Democratic Republic of the Congo," IMF Working Papers 2013/226, International Monetary Fund.
    6. Klein, Michael W. & Shambaugh, Jay C., 2008. "The dynamics of exchange rate regimes: Fixes, floats, and flips," Journal of International Economics, Elsevier, vol. 75(1), pages 70-92, May.

  19. Charles Wyplosz, 2005. "Has Europe Lost its Heart?," CASE Network Studies and Analyses 0293, CASE-Center for Social and Economic Research.

    Cited by:

    1. Marek Dabrowski & Artur Radziwill, 2007. "Regional vs. Global Public Goods: The Case of Post-Communist Transition," CASE Network Studies and Analyses 0336, CASE-Center for Social and Economic Research.

  20. Asici, Ahmet & Wyplosz, Charles, 2003. "The Art of Gracefully Exiting a Peg," MPRA Paper 4432, University Library of Munich, Germany.

    Cited by:

    1. Robert Trudel, 2005. "Effects of Exchange Rate Regime on IMF Program Participation," Review of Policy Research, Policy Studies Organization, vol. 22(6), pages 919-936, November.
    2. Lin, Shu & Ye, Haichun, 2011. "The role of financial development in exchange rate regime choices," Journal of International Money and Finance, Elsevier, vol. 30(4), pages 641-659, June.
    3. Ahmet Atil Asici, 2010. "Parametric and non-parametric approaches to exits from fixed exchange rate regimes," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 15(4), pages 381-406.
    4. M. Fr Mmel, 2007. "Volatility Regimes in Central and Eastern European Countries Exchange Rates," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 07/487, Ghent University, Faculty of Economics and Business Administration.
    5. Ahmet Asici; Nadezhda Ivanova; Charles Wyplosz, 2005. "How to Exit From Fixed Exchange Rate Regimes?," IHEID Working Papers 03-2005, Economics Section, The Graduate Institute of International Studies.
    6. Gerlach-Kristen, Petra, 2006. "Internal and external shocks in Hong Kong: Empirical evidence and policy options," Economic Modelling, Elsevier, vol. 23(1), pages 56-75, January.
    7. Sean Barrett, 2005. "Risk Equalisation and Competition in the Irish Health Insurance Market," Trinity Economics Papers 200058, Trinity College Dublin, Department of Economics.
    8. Sfia, Mohamed Daly, 2007. "Régimes de change: Le chemin vers la flexibilité," MPRA Paper 4085, University Library of Munich, Germany.
    9. Bersch, Julia & Klüh, Ulrich H., 2007. "When countries do not do what they say: Systematic discrepancies between exchange rate regime announcements and de facto policies," Discussion Papers in Economics 2072, University of Munich, Department of Economics.
    10. Sébastien Wälti, 2005. "The duration of fixed exchange rate regimes," The Institute for International Integration Studies Discussion Paper Series iiisdp96, IIIS.
    11. Hans Genberg & Alexander K. Swoboda, 2005. "Exchange Rate Regimes: Does What Countries Say Matter?," IMF Staff Papers, Palgrave Macmillan, vol. 52(si), pages 1-8.
    12. Mrs. Gilda C Fernandez & Mr. Cem Karacadag & Rupa Duttagupta, 2004. "From Fixed to Float: Operational Aspects of Moving towards Exchange Rate Flexibility," IMF Working Papers 2004/126, International Monetary Fund.
    13. Ms. Enrica Detragiache & Mr. Eisuke Okada & Mr. Ashoka Mody, 2005. "Exits from Heavily Managed Exchange Rate Regimes," IMF Working Papers 2005/039, International Monetary Fund.

  21. Charles Wyplosz, 2002. "Fiscal Policy: Institutions vs. Rules," IHEID Working Papers 03-2002, Economics Section, The Graduate Institute of International Studies.

    Cited by:

    1. Juan Carlos Echeverry & Jorge Alexander Bonilla & AndrÔøΩs Moya, 2006. "Rigideces Institucionales Y Flexibilidad Presupuestaria: Los Casos De Argentina, Colombia, M√Âxico Y Per√Ö," Documentos CEDE 3475, Universidad de los Andes, Facultad de Economía, CEDE.
    2. Jakob De Haan & Helge Berger & David‐Jan Jansen, 2004. "Why has the Stability and Growth Pact Failed?," International Finance, Wiley Blackwell, vol. 7(2), pages 235-260, July.
    3. Paolo Biraschi, "undated". "Searching for the optimal EMU fiscal rule:an ex-post analysis of the SGP reform proposals," Working Papers wp2008-7, Department of the Treasury, Ministry of the Economy and of Finance.
    4. Karsten Staehr, 2007. "Fiscal policies and business cycles in an enlarged euro area," Bank of Estonia Working Papers 2007-03, Bank of Estonia, revised 08 Mar 2007.
    5. Capraru, Bogdan & Georgescu, George, 2020. "Fiscal councils in European Union. A short retrospective review and current challenges in terms of functionality and effectiveness," Working Papers of Romania Fiscal Council 200801, Romania Fiscal Council.
    6. Carsten Hefeker, 2003. "Credible at last? Reforming the Stability Pact," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 38(1), pages 15-18, January.
    7. Juan Carlos Echeverry & Leopoldo Fergusson & Pablo Querubin, 2004. "La Batalla Pol√Çtica Por El Presupuesto De La Naci√Ìn: Inflexibilidades O Supervivencia Fiscal," Documentos CEDE 2944, Universidad de los Andes, Facultad de Economía, CEDE.
    8. Eichengreen, Barry, 2003. "Institutions for Fiscal Stability," Department of Economics, Working Paper Series qt34p6v7pt, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    9. Arroyo Marioli,Francisco & Fatás,Antonio & Vasishtha,Garima, 2023. "Fiscal Policy Volatility and Growth in Emerging Markets and Developing Economies," Policy Research Working Paper Series 10409, The World Bank.
    10. Andersen, Torben M., 2013. "Fiscal policy targeting under imperfect information," Journal of International Money and Finance, Elsevier, vol. 34(C), pages 114-130.
    11. Florence Huart, 2013. "Is Fiscal Policy Procyclical in the Euro Area?," German Economic Review, Verein für Socialpolitik, vol. 14(1), pages 73-88, February.
    12. Jonas Fischer & Lars Jonung & Martin Larch, 2007. "101 Proposals to reform the Stability and Growth Pact. Why so many? A Survey," European Economy - Economic Papers 2008 - 2015 267, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    13. M. K. Alabi & K. Amirthalingam, 2020. "Fiscal Policy and the Business Cycle in the West African Monetary Zone," Working Papers 8, Department of Economics, University of Ilorin.
    14. Fabrizio Balassone & Daniele Franco & Stefania Zotteri, 2006. "EMU fiscal indicators: a misleading compass?," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 33(2), pages 63-87, June.
    15. Petr Hedbávný & Ondřej Schneider & Jan Zápal, 2004. "Does the Enlarged European Union Need a Better Fiscal Pact?," Working Papers IES 55, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised 2004.
    16. Echeverry, Juan Carlos & Bonilla, Jorge Alexander & Moya, Andrés, 2006. "Rigideces Institucionales y Flexibilidad Presupuestaria: Origen, Motivación y Efectos sobre el Presupuesto," IDB Publications (Working Papers) 2303, Inter-American Development Bank.
    17. Juan Carlos Echeverry & Leopoldo Fergusson & Pablo QuerubÔøΩn, 2005. "Budget Inflexibility," Documentos CEDE 2070, Universidad de los Andes, Facultad de Economía, CEDE.
    18. Campbell Leith & Simon Wren-lewis, 2006. "Fiscal Stabilisation Policy and Fiscal Institutions," WEF Working Papers 0007, ESRC World Economy and Finance Research Programme, Birkbeck, University of London.
    19. Bethlendi, András & Lentner, Csaba & Póra, András, 2020. "Független költségvetési intézmények fejlődése a 2008-as válság után [Development of independent fiscal institutions since the crisis of 2008]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 787-808.
    20. Idrys Fransmel Okombi, 2021. "Non-Linear Response of Fiscal Policy to the Business Cycle: Empirical Evidence in Sub-Saharan Africa," Economics Bulletin, AccessEcon, vol. 41(3), pages 1097-1112.
    21. Mustafa Alpin Gülşen, 2022. "The Effect of Fiscal Policies on Business Cycles in Turkey," Journal of Tax Reform, Graduate School of Economics and Management, Ural Federal University, vol. 8(3), pages 218-235.
    22. Sébastien Pommier, 2004. "Évolutions et asymétries des règles européennes de politique budgétaire et mise en oeuvre du Pacte de stabilité," Économie et Prévision, Programme National Persée, vol. 162(1), pages 95-109.

  22. Wyplosz, Charles, 2002. "Fiscal Policy: Institutions versus Rules," CEPR Discussion Papers 3238, Centre for Economic Policy Research.

    Cited by:

    1. Mr. Ashoka Mody & Ms. Stefania Fabrizio, 2006. "Can Budget Institutions Counteract Political Indiscipline?," IMF Working Papers 2006/123, International Monetary Fund.
    2. Brändle, Thomas & Elsener, Marc, 2023. "Do fiscal rules matter? A survey on recent evidence," Working papers 2023/07, Faculty of Business and Economics - University of Basel.
    3. BIKAI, J. Landry, 2015. "Fiscal Rules and Pro-cyclicality of the Fiscal Policy in CEMAC countries," MPRA Paper 78229, University Library of Munich, Germany.
    4. Domokos, László, 2011. "Credibility and Flexibility – Changes in the Framework of Hungarian Public Finances," Public Finance Quarterly, Corvinus University of Budapest, vol. 56(3), pages 291-302.
    5. Manasse, Paolo & Panizza, Ugo & Dos Reis, Laura, 2007. "Targeting the Structural Balance," IDB Publications (Working Papers) 1595, Inter-American Development Bank.
    6. Jakob De Haan & Helge Berger & David‐Jan Jansen, 2004. "Why has the Stability and Growth Pact Failed?," International Finance, Wiley Blackwell, vol. 7(2), pages 235-260, July.
    7. Asatryan, Zareh & Castellón, César & Stratmann, Thomas, 2018. "Balanced budget rules and fiscal outcomes: Evidence from historical constitutions," Journal of Public Economics, Elsevier, vol. 167(C), pages 105-119.
    8. Calmfors, Lars, 2015. "The Roles of Fiscal Rules, Fiscal Councils and Fiscal Union in EU Integration," Working Paper Series 1076, Research Institute of Industrial Economics.
    9. Alessandro Girardi & Paolo Paesani, 2008. "Structural Reforms and Fiscal Discipline in Europe," Transition Studies Review, Springer;Central Eastern European University Network (CEEUN), vol. 15(2), pages 389-402, September.
    10. Benedetta Bianchi, 2016. "Sovereign Risk Premia and the International Balance Sheet: Lessons from the European Crisis," Open Economies Review, Springer, vol. 27(3), pages 471-493, July.
    11. Thomas Brändle & Marc Elsener, 2024. "Do fiscal rules matter? A survey of recent evidence," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 160(1), pages 1-38, December.
    12. Étienne Farvaque & Martial Foucault & Marcelin Joanis, 2015. "L’endettement public des provinces canadiennes : Les règles d’équilibre budgétaire sont-elles efficaces?," CIRANO Working Papers 2015s-10, CIRANO.
    13. Bystrov, Victor & Mackiewicz, Michał, 2020. "Recurrent explosive public debts and the long-run fiscal sustainability," Journal of Policy Modeling, Elsevier, vol. 42(2), pages 437-450.
    14. Buti, M. & Eijffinger, S.C.W. & Franco, D., 2005. "The Stability pact Pains : A Forward-Looking Assessment of the Reform Debate," Other publications TiSEM d74263d9-e665-4a64-81cd-7, Tilburg University, School of Economics and Management.
    15. Patrícia Martins & Leonida Correia, 2021. "Fiscal institutions: different classifications and their effectiveness," Eurasian Economic Review, Springer;Eurasia Business and Economics Society, vol. 11(1), pages 159-190, March.
    16. G??bor Orb??n & Gy??rgy Szap??ry, 2004. "The Stability and Growth Pact from the Perspective Of the New Member States," William Davidson Institute Working Papers Series 2004-709, William Davidson Institute at the University of Michigan.
    17. Eric M. Leeper, 2009. "Anchoring Fiscal Expectations," NBER Working Papers 15269, National Bureau of Economic Research, Inc.
    18. Mr. Xavier Debrun & Mr. Manmohan S. Kumar, 2007. "The Discipline-Enhancing Role of Fiscal Institutions: Theory and Empirical Evidence," IMF Working Papers 2007/171, International Monetary Fund.
    19. L. Van Meensel & D. Dury, 2008. "The use and effectiveness of fiscal rules and independent fiscal institutions," Economic Review, National Bank of Belgium, issue ii, pages 69-84, June.
    20. Szapáry, György & Orbán, Gábor, 2006. "Magyar fiskális politika: quo vadis? [Hungarian fiscal policy: quo vadis?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 293-309.
    21. Koch, Daniel, 2011. "Wirksame Begrenzung von Staatsverschuldung auf europäischer Ebene," Discussion Paper Series 114, Julius Maximilian University of Würzburg, Chair of Economic Order and Social Policy.
    22. Frankel, Jeffrey A. & Schreger, Jesse, 2012. "Over-Optimistic Official Forecasts in the Eurozone and Fiscal Rules," Working Paper Series rwp12-041, Harvard University, John F. Kennedy School of Government.
    23. Abel Cadenillas & Ricardo Huamán-Aguilar, 2016. "Explicit formula for the optimal government debt ceiling," Annals of Operations Research, Springer, vol. 247(2), pages 415-449, December.
    24. Christopher Allsopp & David Vines, 2008. "Fiscal Policy, intercountry adjustment and the real exchange rate within Europe," European Economy - Economic Papers 2008 - 2015 344, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    25. Eichengreen, Barry, 2003. "Institutions for Fiscal Stability," Department of Economics, Working Paper Series qt34p6v7pt, Department of Economics, Institute for Business and Economic Research, UC Berkeley.
    26. N/A, 2007. "Tying hands is not commitment- can fiscal rules and institutions really enhance fiscal discipline?," Bruegel Working Papers 48, Bruegel.
    27. International Monetary Fund, 2013. "Sweden: Selected Issues," IMF Staff Country Reports 2013/277, International Monetary Fund.
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    86. Jacopo Cimadomo & Sebastian Hauptmeier & Sergio Sola, 2011. "Identifying the Effects of Government Spending Shocks with and without Expected Reversal: an Approach Based on U.S. Real-Time Data," IHEID Working Papers 12-2011, Economics Section, The Graduate Institute of International Studies.
    87. Debrun, Xavier & Gerard, Marc & Harris, Jason, 2016. "Fiscal Watchdogs and Sound Fiscal Policy: Is the Barking Loud Enough to Tame Politicians?," MPRA Paper 96683, University Library of Munich, Germany, revised 2019.
    88. Mr. Jaromir Benes & Mr. Michael Kumhof & Mr. Douglas Laxton & Mr. Dirk V Muir & Susanna Mursula, 2013. "The Benefits of International Policy Coordination Revisited," IMF Working Papers 2013/262, International Monetary Fund.
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    90. Ondřej Schneider & Petr Hedbávný & Jan Zápal, 2007. "A Fiscal Rule that Has Teeth: A Suggestion for a “Fiscal Sustainability Council” Underpinned by the Financial Markets," Czech Economic Review, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, vol. 1(1), pages 32-53, March.
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    92. Roel Beetsma & Heikki Oksanen, 2008. "Pensions under Ageing Populations and the EU Stability and Growth Pact ," CESifo Economic Studies, CESifo Group, vol. 54(4), pages 563-592, December.
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    94. Beetsma, Roel M.W.J. & Debrun, Xavier, 2007. "The new stability and growth pact: A first assessment," European Economic Review, Elsevier, vol. 51(2), pages 453-477, February.
    95. Sandra Hlivnjak & Nick Adnett, 2012. "Current Account convergence in the Western Balkans," International Journal of Economic Policy in Emerging Economies, Inderscience Enterprises Ltd, vol. 5(1), pages 82-103.
    96. Frits Bos, 2007. "The Dutch fiscal framework; history, current practice and the role of the CPB," CPB Document 150, CPB Netherlands Bureau for Economic Policy Analysis.
    97. Huixin Bi & Eric M. Leeper, 2010. "Sovereign Debt Risk Premia and Fiscal Policy in Sweden," NBER Working Papers 15810, National Bureau of Economic Research, Inc.
    98. Canale, Rosaria Rita, 2006. "Positive effects of fiscal expansions on growth and debt," MPRA Paper 1432, University Library of Munich, Germany, revised Nov 2006.
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    100. Marcela De Castro-Valderrama, 2021. "Present-biased Government, Creative Accounting and a Pitfall in Balanced Budget Rules," Borradores de Economia 1183, Banco de la Republica de Colombia.
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  23. Wyplosz, Charles, 2001. "How Risky is Financial Liberalization in the Developing Countries?," CEPR Discussion Papers 2724, Centre for Economic Policy Research.

    Cited by:

    1. Ajit Singh, 2003. "Capital Account Liberalization, Free Long-Term Capital Flows, Financial Crises and Economic Development," Eastern Economic Journal, Eastern Economic Association, vol. 29(2), pages 191-216, Spring.
    2. Martin, Philippe & Rey, Hélène, 2002. "Financial Globalization and Emerging Markets: With or Without Crash?," CEPR Discussion Papers 3378, Centre for Economic Policy Research.
    3. Charles Wyplosz, 2007. "Exchange Rate Arrangements in Asia: Do They Matter?," IHEID Working Papers 04-2007, Economics Section, The Graduate Institute of International Studies, revised 12 Aug 2004.
    4. Mardi Dungey & Rene Fry & Vance L. Martin, 2006. "Correlation, Contagion, and Asian Evidence," Asian Economic Papers, MIT Press, vol. 5(2), pages 32-72, Spring/Su.
    5. Wilairat TONGSIRI & Hiroyuki KOSAKA, 2008. "Asian Financial Liberalization and its Impact using Asian International Input-Output Model," EcoMod2008 23800143, EcoMod.
    6. Ilene GRABEL, 2004. "Trip Wires And Speed Bumps: Managing Financial Risks And Reducing The Potential For Financial Crises In Developing Economies," G-24 Discussion Papers 33, United Nations Conference on Trade and Development.
    7. Jeffrey A. Frankel & Shang-Jin Wei, 2004. "Managing Macroeconomic Crises," NBER Working Papers 10907, National Bureau of Economic Research, Inc.
    8. Mendoza, Ronald U., 2004. "International reserve-holding in the developing world: self insurance in a crisis-prone era?," Emerging Markets Review, Elsevier, vol. 5(1), pages 61-82, March.
    9. Unggul Heriqbaldi & Munawar Ismail & David Kaluge & Dwi Budi Santoso, 2014. "A Regime Switching Analysis Of Indonesia'S Exchange Market Pressure," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 59(02), pages 1-17.
    10. Inkoo Lee & Jonghyup Shin, 2007. "Financial Liberalisation, Crises, and Economic Growth," Finance Working Papers 22030, East Asian Bureau of Economic Research.
    11. Philippe Martin & Hélène Rey, 2006. "Globalization and Emerging Markets: With or Without Crash?," Sciences Po Economics Publications (main) hal-01021349, HAL.
    12. Malgorzata Sulimierska, 2008. "The Theoretical Link Between Capital Account Liberalization and Currency Crisis Episodes," International Trade and Finance Association Conference Papers 1111, International Trade and Finance Association.
    13. Christopher R. Way, 2005. "Political Insecurity and the Diffusion of Financial Market Regulation," The ANNALS of the American Academy of Political and Social Science, , vol. 598(1), pages 125-144, March.
    14. Bonfiglioli, Alessandra & Mendicino, Caterina, 2004. "Financial Liberalization, Banking Crises and Growth: Assessing the Links," SSE/EFI Working Paper Series in Economics and Finance 567, Stockholm School of Economics.
    15. Ramzi Farhani & Ghrissi Mhamdi & Abdelkader Aguir & Mounir Smida, 2015. "Effect of Financial Liberalization on the Probability of Occurrence of Banking Crises," Post-Print halshs-01138430, HAL.
    16. Singh, Ajit, 1994. "How did East Asia grow so fast? Slow progress towards an analytical consensus," MPRA Paper 53435, University Library of Munich, Germany.
    17. M. Kabir Hassan & M. Ershad Hussain, 2006. "Depositor Discipline and Bank Risk-Taking Behavior: Evidence From the South-East Asian Financial Crises," NFI Working Papers 2006-WP-13, Indiana State University, Scott College of Business, Networks Financial Institute.
    18. Román Leonardo Villarreal Ramos, 2010. "El mercado de crédito colombiano, un análisis desde las reformas financieras," Revista Equidad y Desarrollo, Universidad de la Salle.
    19. Min B. SHRESTHA & Khorshed CHOWDHURY, 2007. "Impact of Financial Liberalization on Welfare: Evidence from Nepal," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 7(1).
    20. Wray, Christopher R., 2004. "Fear Factor: How Political Insecurity Shapes the Diffusion of Financial Market Deregulation," Centre on Regulation and Competition (CRC) Working papers 30607, University of Manchester, Institute for Development Policy and Management (IDPM).
    21. Artus P., 2001. "What Exchange - Rate System For Emerging Countries?," European Research Studies Journal, European Research Studies Journal, vol. 0(1-2), pages 27-60, January -.
    22. Ahmet Atil Asici, 2007. "Parametric and Non-parametric Approaches to Exits from Fixed Exchange Rate Regimes," IHEID Working Papers 14-2007, Economics Section, The Graduate Institute of International Studies.
    23. Stavarek, Daniel, 2007. "Comparative analysis of the exchange market pressure in Central European countries with the Eurozone membership perspective," MPRA Paper 3906, University Library of Munich, Germany.
    24. Wyplosz, Charles & Ivanova, Nadezhda & Asici, Ahmet Atil, 2005. "How to Exit from Fixed Exchange Rate Regimes," CEPR Discussion Papers 5141, Centre for Economic Policy Research.
    25. Khan, M. Arshad & Qayyum, Abdul, 2006. "Trade Liberalization, Financial Sector Reforms and Growth," MPRA Paper 2655, University Library of Munich, Germany, revised 2006.
    26. Sell, Friedrich L., 2004. "Währungspolitik im Dienste von Entwicklung: Immer noch ein Forschungsprogramm!," Working Papers in Economics 2004,2, Bundeswehr University Munich, Economic Research Group.
    27. Charles Wyplosz, 2007. "Is East Asia Safe from Financial Crises?," IHEID Working Papers 02-2007, Economics Section, The Graduate Institute of International Studies.
    28. Qazi Muhammad Adnan Hye & Faridul Islam, 2013. "Does financial development hamper economic growth: empirical evidence from Bangladesh," Journal of Business Economics and Management, Taylor & Francis Journals, vol. 14(3), pages 558-582, June.
    29. Siwei Goo & Reza Siregar, 2009. "Economic Shocks And Exchange Rate As A Shock Absorber In Indonesia And Thailand," Staff Papers, South East Asian Central Banks (SEACEN) Research and Training Centre, number sp72, April-Jun.
    30. Pontines, Victor & Siregar, Reza, 2009. "Intervention index and exchange rate regimes: the cases of selected East-Asian economies," MPRA Paper 17138, University Library of Munich, Germany.
    31. Auboin, Marc, 2004. "The trade, debt and finance nexus: at the cross-roads of micro- and macroeconomics," WTO Discussion Papers 6, World Trade Organization (WTO), Economic Research and Statistics Division.
    32. Vasily Astrov & Josef Pöschl & Hermine Vidovic & Julia Wörz, 2005. "Turkey: Macroeconomic Vulnerability, Competitiveness and the Labour Market," wiiw Country Profile 21, The Vienna Institute for International Economic Studies, wiiw.

  24. Eichengreen, Barry & Wyplosz, Charles & Arteta, Carlos, 2001. "When Does Capital Account Liberalization Help More Than it Hurts?," CEPR Discussion Papers 2910, Centre for Economic Policy Research.

    Cited by:

    1. Aizenman, Joshua, 2005. "Financial Liberalizations in Latin-America in the 1990s: A Reassessment," Santa Cruz Department of Economics, Working Paper Series qt6cb8b11h, Department of Economics, UC Santa Cruz.
    2. Philipp Harms & Jakob Schwab, 2015. "Like it or not? How the Economic and Institutional Environment Shapes Individual Attitudes towards Multinational Enterprises," Working Papers 1515, Gutenberg School of Management and Economics, Johannes Gutenberg-Universität Mainz.
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    147. Bozhechkova, Alexandra (Божечкова, Александра) & Goryunov, Evgeny (Горюнов, Евгений) & Sinelnikov-Murylev, Sergey (Синельников-Мурылев, Сергей) & Trunin, Pavel V. (Трунин, Павел), 2017. "Capital Controls: World Experience and Lessons for Russia [Ограничения На Движение Капитала: Мировой Опыт И Уроки Для России]," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 2, pages 8-43, April.
    148. Malayaranjan Sahoo & Narayan Sethi, 2023. "An Empirical Insight into the Financial Globalization–Growth Nexus via Trade Openness: Evidence from Select South Asian Countries," Global Business Review, International Management Institute, vol. 24(2), pages 317-334, April.
    149. Gormley, Todd A., 2014. "Costly information, entry, and credit access," Journal of Economic Theory, Elsevier, vol. 154(C), pages 633-667.
    150. Henri Audigé, 2014. "Net flows to emerging markets’ funds and the U.S. monetary policy after the subprime crisis," Working Papers hal-04141341, HAL.
    151. İsmail Durak & Ergün Eroğlu, 2019. "The Nexus of Economic Growth, Trade Openness and Banking Sector Depth In OIC: An Application of Panel Data Analysis," Alphanumeric Journal, Bahadir Fatih Yildirim, vol. 7(2), pages 205-238, December.
    152. Sirin Saracoglu & Zeynep Akgül, 2011. "International Capital Mobility and Factor Reallocation in a Multisector Economy," Working Papers 658, Economic Research Forum, revised 12 Jan 2011.

  25. Wyplosz, Charles & Jeanne, Olivier, 2001. "The International Lender of Last Resort: How Large is Large Enough?," CEPR Discussion Papers 2842, Centre for Economic Policy Research.

    Cited by:

    1. Sylvester C. W. Eijffinger & Benedikt Goderis, 2007. "Currency Crises, Monetary Policy and Corporate Balance Sheets," German Economic Review, Verein für Socialpolitik, vol. 8(3), pages 309-343, August.
    2. George-Marios Angeletos & Alessandro Pavan, 2012. "Selection-Free Predictions in Global Games with Endogenous Information and Multiple Equilibria," Discussion Papers 1570, Northwestern University, Center for Mathematical Studies in Economics and Management Science.
    3. Luca Papi & Andrea Filippo Presbitero & Alberto Zazzaro, 2013. "IMF Lending and Banking Crises," Mo.Fi.R. Working Papers 80, Money and Finance Research group (Mo.Fi.R.) - Univ. Politecnica Marche - Dept. Economic and Social Sciences.
    4. Mr. Wendell A. Samuel & Emilio Pineda & Mr. Mario Dehesa, 2009. "Optimal Reserves in the Eastern Caribbean Currency Union," IMF Working Papers 2009/077, International Monetary Fund.
    5. Philip Turner, 2012. "Macroprudential policies in EMEs: theory and practice," BIS Papers chapters, in: Bank for International Settlements (ed.), Financial sector regulation for growth, equity and stability, volume 62, pages 125-139, Bank for International Settlements.
    6. Handler, Heinz, 2013. "The eurozone: piecemeal approach to an optimum currency area," MPRA Paper 67183, University Library of Munich, Germany.
    7. Germana Corrado, 2005. "Liquidity Shocks, Banking System Failures, and Supranational Lending of Last Resort Facilities," Annals of Economics and Finance, Society for AEF, vol. 6(1), pages 1-24, May.
    8. Daniel McDowell, 2017. "Need for speed: The lending responsiveness of the IMF," The Review of International Organizations, Springer, vol. 12(1), pages 39-73, March.
    9. Livia Chitu, 2013. "Was Unofficial Dollarisation/Euroisation an Amplifier of the ‘Great Recession’ of 2007–2009 in Emerging Economies?," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 55(2), pages 233-265, June.
    10. Weithoner, Thomas, 2006. "How can IMF policy eliminate country moral hazard and account for externalities?," Journal of International Money and Finance, Elsevier, vol. 25(8), pages 1257-1276, December.
    11. Cecile Bastidon & Philippe Gilles & Nicolas Huchet, 2008. "A Selective Bail-Out International Lending of Last Resort Model," Annals of Economics and Finance, Society for AEF, vol. 9(1), pages 103-114, May.
    12. Ralph Chami & Sunil Sharma & Ilhyock Shim, 2005. "A model of the IMF as a coinsurance arrangement," BIS Working Papers 170, Bank for International Settlements.
    13. Adalbert Winkler, 2010. "The Financial Crisis: A Wake-Up Call for Strengthening Regional Monitoring of Financial Markets and Regional Coordination of Financial Sector Policies?," Working Papers id:3021, eSocialSciences.
    14. Claudio Soto & Alberto Naudon & Eduardo López & Alvaro Aguirre, 2004. "Acerca del Nivel Adecuado de las Reservas Internacionales," Working Papers Central Bank of Chile 267, Central Bank of Chile.
    15. Biljana Jovanovikj & Danica Unevska Andonova, 2017. "The Optimal Level of Foreign Reserves in Macedonia," Working Papers 2017-05, National Bank of the Republic of North Macedonia.
    16. Cheng, Gong, 2015. "Balance sheet effects, foreign reserves and public policies," Journal of International Money and Finance, Elsevier, vol. 59(C), pages 146-165.
    17. Mr. Jeromin Zettelmeyer & Mr. Olivier D Jeanne, 2002. "“Original Sin,” Balance Sheet Crises, and the Roles of International Lending," IMF Working Papers 2002/234, International Monetary Fund.
    18. Eijffinger, S.C.W. & Goderis, B.V.G., 2007. "Currency crises, monetary policy and corporate balance sheet vulnerabilities," Other publications TiSEM efb2b284-5150-4ad4-aa63-c, Tilburg University, School of Economics and Management.
    19. Mr. Damiano Sandri, 2015. "Dealing with Systemic Sovereign Debt Crises: Fiscal Consolidation, Bail-ins or Official Transfers?," IMF Working Papers 2015/223, International Monetary Fund.
    20. Corsetti, Giancarlo & Guimaraes, Bernardo & Roubini, Nouriel, 2006. "International lending of last resort and moral hazard: A model of IMF's catalytic finance," Journal of Monetary Economics, Elsevier, vol. 53(3), pages 441-471, April.
    21. Presbitero, Andrea F. & Zazzaro, Alberto, 2012. "IMF Lending in Times of Crisis: Political Influences and Crisis Prevention," World Development, Elsevier, vol. 40(10), pages 1944-1969.
    22. Olivier Jeanne, 2007. "International Reserves in Emerging Market Countries: Too Much of a Good Thing?," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 38(1), pages 1-80.
    23. Patrick McGuire & Goetz von Peter, 2009. "The US dollar shortage in global banking and the international policy response," BIS Working Papers 291, Bank for International Settlements.
    24. Knedlik, Tobias & Ströbel, Johannes, 2006. "The role of banking portfolios in the transmission from currency crises to banking crises - potential effects of Basel II," IWH Discussion Papers 21/2006, Halle Institute for Economic Research (IWH).
    25. Batista, Blessica, 2018. "Identifying the symptoms of financial crises," MPRA Paper 91559, University Library of Munich, Germany.
    26. Reyes, Danilo, 2019. "Understanding International Financial Crises," MPRA Paper 93023, University Library of Munich, Germany.
    27. Graham Bird & Ramkishen Rajan, 2002. "The Evolving Asian Financial Architecture," Centre for International Economic Studies Working Papers 2002-03, University of Adelaide, Centre for International Economic Studies.
    28. Chiţu, Livia, 2012. "Was unofficial dollarisation/euroisation an amplifier of the 'Great Recession' of 2007-09 in emerging economies," Working Paper Series 1473, European Central Bank.
    29. Graham Bird, 2007. "The Imf: A Bird'S Eye View Of Its Role And Operations," Journal of Economic Surveys, Wiley Blackwell, vol. 21(4), pages 683-745, September.
    30. Ostry, Jonathan D. & Jeanne, Olivier & Zettelmeyer, Jeromin, 2008. "A Theory of International Crisis Lending and IMF Conditionality," CEPR Discussion Papers 7022, Centre for Economic Policy Research.
    31. Jiří Jonáš, 2002. "International monetary fund bailouts, moral hazard and private sector involvement," Prague Economic Papers, Prague University of Economics and Business, vol. 2002(1), pages 67-86.
    32. Rochet, Jean-Charles & Vives, Xavier, 2004. "Coordination Failures and the Lender of Last Resort : Was Bagehot Right After All?," IDEI Working Papers 294, Institut d'Économie Industrielle (IDEI), Toulouse.
    33. Eijffinger, Sylvester & Goderis, Benedikt, 2007. "The Effect of Monetary Policy on Exchange Rates During Currency Crises: The Role of Debt, Institutions and Financial Openness," CEPR Discussion Papers 6217, Centre for Economic Policy Research.
    34. Bagus, Philipp & Howden, David, 2014. "Central Bank Insolvency: Causes, Effects and Remedies," MPRA Paper 79605, University Library of Munich, Germany.
    35. Timothy Chue & David Cook, 2004. "Sudden Stops and Liability Dollarization: Evidence from East Asian Financial Intermediaries," Econometric Society 2004 Far Eastern Meetings 646, Econometric Society.
    36. Yung-Chul Park & Kwanho Shin, 2011. "Internationalisation of currency in East Asia: implications for regional monetary and financial cooperation," BIS Papers chapters, in: Bank for International Settlements (ed.), Currency internationalisation: lessons from the global financial crisis and prospects for the future in Asia and the Pacific, volume 61, pages 180-197, Bank for International Settlements.
    37. Magdalena Redo & Marta Gebska, 2020. "Globalization in Growing Financial Markets as a Threat to the Financial Security of the Global Economy," European Research Studies Journal, European Research Studies Journal, vol. 0(Special 1), pages 335-355.
    38. Claudio Soto G. & Alberto Naudon D. & Eduardo López E. & Álvaro Aguirre R., 2004. "About International Reserve Adequacy: The Case of Chile," Journal Econom a Chilena (The Chilean Economy), Central Bank of Chile, vol. 7(3), pages 5-34, December.
    39. Morris, Stephen & Shin, Hyun Song, 2006. "Catalytic finance: When does it work?," Journal of International Economics, Elsevier, vol. 70(1), pages 161-177, September.
    40. Chue, Timothy K. & Cook, David, 2008. "Sudden stops and liability dollarization: Evidence from Asia's financial intermediaries," Pacific-Basin Finance Journal, Elsevier, vol. 16(4), pages 436-452, September.
    41. Tuomas Malinen & Olli Ropponen, 2022. "To default or not? The aftermath of sovereign defaults and IMF programs in economic crises," The World Economy, Wiley Blackwell, vol. 45(7), pages 2052-2083, July.
    42. Galina Hale, 2007. "Sound Policies for Emerging Markets' Financial Stability," International Finance, Wiley Blackwell, vol. 10(1), pages 101-114, March.
    43. Riccardo Fiorentini & Guido Montani, 2012. "The New Global Political Economy," Books, Edward Elgar Publishing, number 14443.
    44. Mr. Brad Setser & Nouriel Roubini & Mr. Christian Keller & Mr. Mark Allen & Mr. Christoph B. Rosenberg, 2002. "A Balance Sheet Approach to Financial Crisis," IMF Working Papers 2002/210, International Monetary Fund.
    45. Christian Mulder & Roberto Perrelli & Manuel Duarte Rocha, 2016. "The Role of Bank and Corporate Balance Sheets on Early Warning Systems of Currency Crises—An Empirical Study," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 52(7), pages 1542-1561, July.
    46. Charles Wyplosz, 2007. "Is East Asia Safe from Financial Crises?," IHEID Working Papers 02-2007, Economics Section, The Graduate Institute of International Studies.
    47. Beck, Roland & Weber, Sebastian, 2010. "Should larger reserve holdings be more diversified?," Working Paper Series 1193, European Central Bank.
    48. Takuji Kinkyo, 2004. "Transmission channels of capital flow shocks: why Korean crisis was so severe," Working Papers 139, Department of Economics, SOAS University of London, UK.
    49. Gete, Pedro & Melkadze, Givi, 2020. "A quantitative model of international lending of last resort," Journal of International Economics, Elsevier, vol. 123(C).
    50. Patrick Bolton & Haizhou Huang, 2018. "The Capital Structure of Nations [Welfare analysis of currency regimes with defaultable debts]," Review of Finance, European Finance Association, vol. 22(1), pages 45-82.
    51. Xavier Vives, 2006. "Banking and Regulation in Emerging Markets: The Role of External Discipline," The World Bank Research Observer, World Bank, vol. 21(2), pages 179-206.
    52. Pablo García & Claudio Soto, 2004. "Large Hoardings of International Reserves: Are They Worth It?," Working Papers Central Bank of Chile 299, Central Bank of Chile.
    53. Enrique Alberola, 2005. "Misalignment, Liabilities Dollarization And Exchange Rate Adjustment In Latin America," International Finance 0507005, University Library of Munich, Germany.
    54. Sergio Masciantonio, 2005. "The Role of Preference Structure and Moral Hazard in a Multiple Equilibria. Model of Financial Crises," Rivista di Politica Economica, SIPI Spa, vol. 95(6), pages 135-165, November-.
    55. Janice Boucher Breuer, 2004. "An Exegesis on Currency and Banking Crises," Journal of Economic Surveys, Wiley Blackwell, vol. 18(3), pages 293-320, July.
    56. Graham Bird & Dane Rowlands, 2007. "The Analysis of Catalysis: IMF Programs and Private Capital Flows," School of Economics Discussion Papers 0107, School of Economics, University of Surrey.

  26. Wyplosz, Charles, 2001. "Exchange Rate Regimes: Some Lessons from Postwar Europe," CEPR Discussion Papers 2723, Centre for Economic Policy Research.

    Cited by:

    1. Battilossi, Stefano, 2003. "Capital mobility and financial repression in Italy, 1960-1990 : a public finance perspective," IFCS - Working Papers in Economic History.WH wh030602, Universidad Carlos III de Madrid. Instituto Figuerola.
    2. Eduard Hochreiter & Pierre Siklos, 2004. "From Floating to Monetary Union: The Economic Distance between Exchange Rate Regimes," SUERF Studies, SUERF - The European Money and Finance Forum, number 2004/5 edited by Morten Balling, October.
    3. Paul Atkinson & Adrian Blundell-Wignall & Caroline Roulet, 2013. "Integration versus Interdependence and Complexity in Global Trade and Finance in the Post-War Period," SUERF 50th Anniversary Volume Chapters, in: Morten Balling & Ernest Gnan (ed.), 50 Years of Money and Finance: Lessons and Challenges, chapter 6, pages 195-228, SUERF - The European Money and Finance Forum.
    4. Charles WYPLOSZ, 2001. "How Risky Is Financial Liberalization In The Developing Countries?," G-24 Discussion Papers 14, United Nations Conference on Trade and Development.
    5. Dai, Meixing & Sidiropoulos, Moïse, 2003. "Inflation Targeting, Capital Mobility and Macroeconomic Stability," MPRA Paper 13858, University Library of Munich, Germany, revised May 2005.
    6. Hans Joachim Voth, 2001. "Convertibility, currency controls and the cost of capital in Western Europe, 1950-1999," Economics Working Papers 552, Department of Economics and Business, Universitat Pompeu Fabra.

  27. Wyplosz, Charles, 2001. "Do We Know How Low Inflation Should Be?," CEPR Discussion Papers 2722, Centre for Economic Policy Research.

    Cited by:

    1. Feldmann, Horst, 2012. "Banking deregulation around the world, 1970s to 2000s: The impact on unemployment," International Review of Economics & Finance, Elsevier, vol. 24(C), pages 26-42.
    2. Pierpaolo Benigno & Luca Antonio Ricci, 2011. "The Inflation-Output Trade-Off with Downward Wage Rigidities," American Economic Review, American Economic Association, vol. 101(4), pages 1436-1466, June.
    3. Horst Feldmann, 2013. "Technological unemployment in industrial countries," Journal of Evolutionary Economics, Springer, vol. 23(5), pages 1099-1126, November.
    4. Linzert, Tobias, 2005. "The Unemployment Inflation Trade-Off in the Euro Area," IZA Discussion Papers 1699, IZA Network @ LISER.
    5. Horst Feldmann, 2012. "Product Market Regulation and Labor Market Performance around the World," LABOUR, CEIS, vol. 26(3), pages 369-391, September.
    6. Petra Gerlach, 2006. "A Two-Pillar Phillips Curve for Switzerland," Working Papers 2006-09, Swiss National Bank.
    7. Steinar Holden & Fredrik Wulfsberg, 2007. "Downward Nominal Wage Rigidity in the OECD," CESifo Working Paper Series 2009, CESifo.
    8. Mr. Etienne B Yehoue, 2012. "On Price Stability and Welfare," IMF Working Papers 2012/189, International Monetary Fund.
    9. Steinar Holden & Fredrik Wulfsberg, 2004. "Downward Nominal Wage Rigidity in Europe," Working Paper 2004/5, Norges Bank.
    10. Novella Maugeri, 2010. "Macroeconomic Implications of Near Rational Behavior: an Application to the Italian Phillips Curve," Department of Economics University of Siena 587, Department of Economics, University of Siena.
    11. Jens R. Clausen & Juergen B. Donges, 2001. "European Monetary Policy: The Ongoing Debate on Conceptual Issues," The World Economy, Wiley Blackwell, vol. 24(10), pages 1309-1326, November.
    12. Horst Feldmann, 2013. "Exchange Rate Regimes and Unemployment," Open Economies Review, Springer, vol. 24(3), pages 537-553, July.
    13. Fagan, Gabriel & Messina, Julián, 2009. "Downward wage rigidity and optimal steady-state inflation," Working Paper Series 1048, European Central Bank.
    14. Camba-Méndez, Gonzalo & Garcí­a, Juan Angel & Rodriguez-Palenzuela, Diego, 2003. "Relevant economic issues concerning the optimal rate of inflation," Working Paper Series 278, European Central Bank.
    15. Philipp Hartman & Frank Smets, 2018. "The European Central Bank’s Monetary Policy during Its First 20 Years," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 49(2 (Fall)), pages 1-146.
    16. Horst Feldmann, 2007. "Economic Freedom and Unemployment around the World," Southern Economic Journal, John Wiley & Sons, vol. 74(1), pages 158-176, July.
    17. Loboguerrero, Ana Maria & Panizza, Ugo, 2006. "Inflation and labor market flexibility: The squeaky wheel gets the grease," POLIS Working Papers 63, Institute of Public Policy and Public Choice - POLIS.
    18. David Fielding & Paul Mizen, 2008. "Evidence on the Functional Relationship between Relative Price Variability and Inflation with Implications for Monetary Policy," Economica, London School of Economics and Political Science, vol. 75(300), pages 683-699, November.
    19. Eloi Laurent & Jérôme Creel & Jacques Le Cacheux, 2007. "Politiques et performances macroéconomiques de la zone euro : institutions, incitations, stratégies," Working Papers hal-00972703, HAL.
    20. Becchetti, Leonardo & Castriota, Stefano & Giuntella, Giovanni Osea, 2010. "The effects of age and job protection on the welfare costs of inflation and unemployment," European Journal of Political Economy, Elsevier, vol. 26(1), pages 137-146, March.
    21. Jorg Bibow, 2005. "Refocusing the ECB on Output Stabilization and Growth through Inflation Targeting?," Economics Working Paper Archive wp_425, Levy Economics Institute.
    22. Adam, Antonis & Garas, Antonios & Lapatinas, Athanasios, 2019. "Economic complexity and jobs: an empirical analysis," MPRA Paper 92401, University Library of Munich, Germany.
    23. Hartmann, Philipp & Smets, Frank, 2018. "The first twenty years of the European Central Bank: monetary policy," CEPR Discussion Papers 13411, Centre for Economic Policy Research.
    24. International Monetary Fund, 2005. "Inflation Targeting and Output Growth: Empirical Evidence for the European Union," IMF Working Papers 2005/089, International Monetary Fund.
    25. Jorg Bibow, 2016. "From Antigrowth Bias to Quantitative Easing: The ECB's Belated Conversion?," Economics Working Paper Archive wp_868, Levy Economics Institute.
    26. Gilbert Cette & Christian Pfister, 2003. "The challenges of the "new economy" for monetary policy," BIS Papers chapters, in: Bank for International Settlements (ed.), Monetary policy in a changing environment, volume 19, pages 213-233, Bank for International Settlements.
    27. Feldmann, Horst, 2009. "The unemployment effects of labor regulation around the world," Journal of Comparative Economics, Elsevier, vol. 37(1), pages 76-90, March.
    28. Per Lundborg & Hans Sacklén, 2006. "Low‐inflation Targeting and Long‐run Unemployment," Scandinavian Journal of Economics, Wiley Blackwell, vol. 108(3), pages 397-418, October.
    29. Steinar Holden & Fredrik Wulfsberg, 2004. "Downward Nominal Wage Rigidity in Europe (new title: The costs of price stability - downward nominal wage rigidity in Europe)," CESifo Working Paper Series 1177, CESifo.
    30. Tomáš Frömmel & Pavel Potužák, 2020. "Mohou být strnulosti nominálních mezd problémem v situaci deflace způsobené hospodářským růstem? [Is Nominal Wage Rigidity a Problem in the Case of Deflation Driven by Economic Growth?]," Politická ekonomie, Prague University of Economics and Business, vol. 2020(3), pages 267-289.
    31. von Hagen, Jurgen & Hofmann, Boris, 2004. "Macroeconomic implications of low inflation in the euro area," The North American Journal of Economics and Finance, Elsevier, vol. 15(1), pages 5-23, March.
    32. Ana Maria Loboguerrero & Ugo Panizza, 2003. "Inflación y flexibilidad del mercado laboral: La rueda que chilla es la que se engrasa," Research Department Publications 4348, Inter-American Development Bank, Research Department.
    33. Feldmann, Horst, 2015. "Banking system concentration and unemployment in developing countries," Journal of Economics and Business, Elsevier, vol. 77(C), pages 60-78.
    34. Jérôme Creel & Eloi Laurent & Jacques Le Cacheux, 2007. "Politiques et performances macroéconomiques de la zone euro," Post-Print hal-03459617, HAL.
    35. Horst Feldmann, 2013. "Real Interest Rate and Labor Market Performance around the World," Southern Economic Journal, John Wiley & Sons, vol. 79(3), pages 659-679, January.
    36. Mr. Luca A Ricci & Pierpaolo Benigno, 2009. "The Inflation-Unemployment Trade-off at Low Inflation," IMF Working Papers 2009/034, International Monetary Fund.
    37. Sima Siami‐Namini & Conrad Lyford & A. Alexandre Trindade, 2020. "The Effects of Monetary Policy Shocks on Income Inequality Across U.S. States," Economic Papers, The Economic Society of Australia, vol. 39(3), pages 204-221, September.
    38. Grabia, Tomasz, . "Kontrowersje wokół koncepcji krzywej Phillipsa," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2014(5).
    39. Malayaranjan Sahoo & Narayan Sethi, 2023. "An Empirical Insight into the Financial Globalization–Growth Nexus via Trade Openness: Evidence from Select South Asian Countries," Global Business Review, International Management Institute, vol. 24(2), pages 317-334, April.
    40. Jaroslav Husár & Karol Szomolányi, 2009. "Dynamický model stability inflačného procesu na báze kvantitatívnej teórie peňazí [Dynamic model of inflation stability based on quantity theory of money]," Politická ekonomie, Prague University of Economics and Business, vol. 2009(1), pages 48-57.
    41. Rostagno, Massimo & Altavilla, Carlo & Carboni, Giacomo & Lemke, Wolfgang & Motto, Roberto & Saint Guilhem, Arthur & Yiangou, Jonathan, 2019. "A tale of two decades: the ECB’s monetary policy at 20," Working Paper Series 2346, European Central Bank.

  28. Laszlo Halpern & Charles Wyplosz, 2001. "Economic Transformation and Real Exchange Rates in the 2000s: The Balassa-Samuelson Connection," ECE Discussion Papers Series 2001_1, UNECE.

    Cited by:

    1. Valerie Mignon & Cécile Couharde & Carl Grekou & Florian Morvillier, 2020. "Measuring the Balassa-Samuelson effect: A guidance note on the RPROD database," Post-Print hal-03101442, HAL.
    2. Ca' Zorzi, Michele & De Santis, Roberto A., 2003. "The admission of accession countries to an enlarged monetary union: a tentative assessment," Working Paper Series 216, European Central Bank.
    3. Michel Aglietta & Camille Baulant & Sandra Moatti, 2003. "Les PECO devant la tentation de l'euro," Economie Internationale, CEPII research center, issue 93, pages 11-36.
    4. Karolina Konopczak & Andrzej Torój, 2010. "Estimating the Baumol-Bowen and Balassa-Samuelson Effects in the Polish Economy - a Disaggregated Approach," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 2(2), pages 117-150, March.
    5. Juan Carlos Cuestas & Estefania Mourelle & Paulo José Regis, 2019. "Real exchange rate misalignments in CEECs: have they hindered growth?," Bank of Estonia Working Papers wp2018-05, Bank of Estonia, revised 23 Jan 2019.
    6. Égert, Balázs, 2005. "Equilibrium exchange rates in Southeastern Europe, Russia, Ukraine and Turkey: healthy or (Dutch) diseased?," BOFIT Discussion Papers 3/2005, Bank of Finland Institute for Emerging Economies (BOFIT).
    7. Maican, Florin G. & Sweeney, Richard J., 2013. "Real exchange rate adjustment in European transition countries," Journal of Banking & Finance, Elsevier, vol. 37(3), pages 907-926.
    8. Gaetano D’Adamo, 2014. "Wage spillovers across sectors in Eastern Europe," Empirical Economics, Springer, vol. 47(2), pages 523-552, September.
    9. Lipinska, Anna, 2007. "The Maastricht convergence criteria and optimal monetary policy for the EMU accession countries," LSE Research Online Documents on Economics 19702, London School of Economics and Political Science, LSE Library.
    10. Paul de Grauwe & Gunther Schnabl, 2004. "Nominal versus Real Convergence with Respect to EMU Accession.How to Cope with the Balassa-Samuelson Dilemma," EUI-RSCAS Working Papers 20, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    11. Jakub Borowski & Michal Brzoza-Brzezina, 2004. "Designing Poland's Macroeconomic Strategy on the Way to the Euro Area," EUI-RSCAS Working Papers 10, European University Institute (EUI), Robert Schuman Centre of Advanced Studies (RSCAS).
    12. Douglas Laxton & Paolo Pesenti, 2003. "Monetary Rules for Small, Open, Emerging Economies," NBER Working Papers 9568, National Bureau of Economic Research, Inc.
    13. Pelkmans, J., 2003. "Economic implications of the enlargement of the EU," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 38.
    14. Laaser, Claus-Friedrich & Reiljan, Janno & Schrader, Klaus, 2015. "Some empirical findings on the structural development of the Estonian economy," Kiel Working Papers 1998, Kiel Institute for the World Economy.
    15. Schnabl, Gunther, 2003. "De jure versus de facto: Exchange rate stabilization in Central and Eastern Europe," Tübinger Diskussionsbeiträge 269, University of Tübingen, School of Business and Economics.
    16. Jakub Borowski & Michal Brzoza- Brzezina & Piotr Szpunar, 2003. "Exchange Rate Regimes and Poland's Participation in ERM II," Macroeconomics 0302002, University Library of Munich, Germany.
    17. Jesús Crespo‐Cuaresma & Jarko Fidrmuc & Ronald MacDonald, 2005. "The monetary approach to exchange rates in the CEECs," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 13(2), pages 395-416, April.
    18. Egert, Balazs & Drine, Imed & Lommatzsch, Kirsten & Rault, Christophe, 2003. "The Balassa-Samuelson effect in Central and Eastern Europe: myth or reality?," Journal of Comparative Economics, Elsevier, vol. 31(3), pages 552-572, September.
    19. Florian Morvillier, 2020. "Robustness of the Balassa-Samuelson effect: evidence from developing and emerging economies," EconomiX Working Papers 2020-18, University of Paris Nanterre, EconomiX.
    20. Balázs Világi, 2005. "Dual Inflation and the Real Exchange Rate in New Open Economy Macroeconomics," NBER Chapters, in: NBER International Seminar on Macroeconomics 2005, pages 315-349, National Bureau of Economic Research, Inc.
    21. Ghosh, Saurabh & Nath, Siddhartha & Srivastava, Sauhard, 2021. "Productivity and Real Exchange Rates for India: Does Balassa-Samuelson Effect Explain?," MPRA Paper 110913, University Library of Munich, Germany.
    22. Desecures, M. & Pouvelle, C., 2007. "Issues regarding euroisation in regions neighbouring the euro area," Quarterly selection of articles - Bulletin de la Banque de France, Banque de France, issue 10, pages 5-23, Winter.
    23. Égert, Balázs, 2004. "Assessing equilibrium exchange rates in CEE acceding countries: can we have DEER with BEER without FEER? A critical survey of the literature," BOFIT Discussion Papers 1/2004, Bank of Finland Institute for Emerging Economies (BOFIT).
    24. Martin Cihak & Tomas Holub, 2005. "Price Convergence in EU-Accession Countries: Evidence from the International Comparison," Economie Internationale, CEPII research center, issue 102, pages 59-82.
    25. Georgi Chukalev, 2002. "The Balassa-Samuelson Effect on the Bulgarian Economy," Economic Studies journal, Bulgarian Academy of Sciences - Economic Research Institute, issue 2, pages 58-87.
    26. Weimann, Marco, 2002. "OCA theory and EMU eastern enlargement: An empirical application," Dresden Discussion Paper Series in Economics 07/02, Technische Universität Dresden, Faculty of Business and Economics, Department of Economics.
    27. Ugur Ciplak, 2007. "Real Exchange Rate Fluctuations and Relative Prices in Turkey," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 7(2), pages 29-48.
    28. Vladimír Benáček, 2003. "Historical perspectives of growth, integration and policies for catching-up in transition countries," Prague Economic Papers, Prague University of Economics and Business, vol. 2003(1), pages 3-17.
    29. Christoph Fischer, 2004. "Real currency appreciation in accession countries: Balassa-Samuelson and investment demand," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 140(2), pages 179-210, June.
    30. Dumitru, Ionut, 2008. "Efectul Balassa-Samuelson in Romania [Balassa-Samuelson effect in Romania]," MPRA Paper 18611, University Library of Munich, Germany.
    31. Ronald MacDonald & Cezary Wójcik, 2004. "Catching up: The role of demand, supply and regulated price effects on the real exchange rates of four accession countries," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 12(1), pages 153-179, March.
    32. Nicolae Ghiba, 2011. "Purchasing Power Parity Influence On Real Exchange Rate Behavior In Romania," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 3(4), pages 524-536, December.
    33. Bo??tjan Jazbec, 2002. "Balassa-Samuelson Effect in Transition Economies: The Case of Slovenia," William Davidson Institute Working Papers Series 507, William Davidson Institute at the University of Michigan.
    34. Neményi, Judit & Oblath, Gábor, 2012. "Az euró bevezetésének újragondolása [Rethinking Hungary s prospective adoption of the Euro]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 569-684.
    35. Rumen Dobrinsky, 2003. "Convergence in Per Capita Income Levels, Productivity Dynamics and Real Exchange Rates in the EU Acceding Countries," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 30(3), pages 305-334, September.
    36. García Solanes, José & Torrejón-Flores, Fernando, 2008. "The Balassa-Samuelson Hypothesis in Developed Countries and Emerging Market Economies: Different Outcomes Explained," Economics Discussion Papers 2008-14, Kiel Institute for the World Economy.
    37. Josip Tica, 2006. "Exchange Rate Economics in Transition Economies," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 9(2), pages 155-170, November.
    38. Balázs Égert, 2005. "The Balassa‐Samuelson Hypothesis in Estonia: Oil Shale, Tradable Goods, Regulated Prices and Other Culprits," The World Economy, Wiley Blackwell, vol. 28(2), pages 259-286, February.
    39. Robert J. Sonora & Josip Tica, 2009. "Harrod, Balassa and Samuelson (Re)Visit Eastern Europe," EFZG Working Papers Series 0907, Faculty of Economics and Business, University of Zagreb.
    40. Richard Frensch & Achim Schmillen, 2011. "The Penn Effect and Transition : The New EU Member States in International Perspective," Working Papers 295, Leibniz Institut für Ost- und Südosteuropaforschung (Leibniz Institute for East and Southeast European Studies).
    41. Iancu, Aurel, 2009. "Nominal Convergence," Working Papers of National Institute for Economic Research 090602, Institutul National de Cercetari Economice (INCE).
    42. Balázs Égert, 2004. "Equilibrium Exchange Rates in Southeastern Europe, Russia, Ukraine and Turkey: Healthy or (Dutch) Diseased?," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 2, pages 138-181.
    43. Dobrinsky, Rumen, 2006. "Catch-up inflation and nominal convergence: The balancing act for new EU entrants," Economic Systems, Elsevier, vol. 30(4), pages 424-442, December.
    44. Balázs Világi, 2004. "Dual inflation and real exchange rate in new open economy macroeconomics," MNB Working Papers 2004/5, Magyar Nemzeti Bank (Central Bank of Hungary).
    45. Yanping Chong & Òscar Jordà & Alan M. Taylor, 2012. "The Harrod–Balassa–Samuelson Hypothesis: Real Exchange Rates And Their Long‐Run Equilibrium," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 53(2), pages 609-634, May.
    46. Richard Pospisil & Jarmila Koudelkova, 2016. "Price Convergence to the EU: Some Evidence for the Czech Republic," Global Economic Observer, "Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences;Institute for World Economy of the Romanian Academy, vol. 4(2), pages 32-38, November.
    47. José García Solanes & Fernando Torrejón Flores, 2005. "Testing the BalassA-Samuelson hypothesis in two different groups of countries: OECD and Latin America," Working Papers 05-02, Asociación Española de Economía y Finanzas Internacionales.
    48. Balistreri, Edward J. & Markusen, James R., 2005. "Sub-national Differentiation and the Role of the Firm in Optimal International Pricing," Conference papers 331370, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    49. Attila Csajbók (ed.) & Ágnes Csermely (ed.), 2002. "Adopting the euro in Hungary: expected costs, benefits and timing," MNB Occasional Papers 2002/24, Magyar Nemzeti Bank (Central Bank of Hungary).
    50. Altar, Moisa & Albu, Lucian Liviu & Dumitru, Ionut & Necula, Ciprian, 2009. "Evidences of the Intensity of the Balassa-Samuelson Phenomenon in the Romanian Economy," Working Papers of National Institute for Economic Research 090106, Institutul National de Cercetari Economice (INCE).
    51. Lenarčič, Črt, 2019. "Inflation – Harrod-Balassa-Samuelson effect in a DSGE model setting," MPRA Paper 101199, University Library of Munich, Germany.
    52. Lein, Sarah M. & León-Ledesma, Miguel A. & Nerlich, Carolin, 2008. "How is real convergence driving nominal convergence in the new EU Member States?," Journal of International Money and Finance, Elsevier, vol. 27(2), pages 227-248, March.
    53. Lojschová, Adriana, 2003. "Estimating the Impact of the Balassa-Samuelson Effect in Transition Economies," Economics Series 140, Institute for Advanced Studies.
    54. Nicholas Apergis, 2013. "The domestic Balassa--Samuelson effect of inflation for the Greek economy," Applied Economics, Taylor & Francis Journals, vol. 45(23), pages 3288-3294, August.
    55. Gabrisch, Hurbert & Orlowski, Lucjan, 2009. "Interest Rate Convergence in the Euro-Candidate Countries: Volatility Dynamics of Sovereign Bond Yields," Working Papers 2009001, Sacred Heart University, John F. Welch College of Business.
    56. Karolina Konopczak, 2013. "The Balassa-Samuelson effect and the channels of its absorption in the Central and Eastern European Countries," NBP Working Papers 163, Narodowy Bank Polski.
    57. Daniel Daianu, 2004. "Policy Diversity as an Engine of Development," European Journal of Comparative Economics, Cattaneo University (LIUC), vol. 1(1), pages 33-58, June.
    58. Bal??zs ??gert, 2003. "Nominal and Real Convergence in Estonia: The Balassa-Samuelson (dis)connection," William Davidson Institute Working Papers Series 556, William Davidson Institute at the University of Michigan.
    59. Todorov Ivan Krumov, 2014. "Macroeconomic Trends in the New Member Countries of the European Union Before the Euro Area Debt Crisis," Scientific Annals of Economics and Business, Paradigm, vol. 61(2), pages 197-217, December.
    60. Sanchez, Marcelo, 2007. "Monetary stabilisation in a currency union: The role of catching up member states," Journal of Policy Modeling, Elsevier, vol. 29(1), pages 29-40.
    61. Dubravko Mihaljek & Marc Klau, 2008. "Catching-up and inflation in transition economies: the Balassa-Samuelson effect revisited," BIS Working Papers 270, Bank for International Settlements.
    62. Monika Blaszkiewicz & Przemek Kowalski & Lukasz Rawdanowicz & Przemyslaw Wozniak, 2004. "Harrod-Balassa-Samuelson Effect in Selected Countries of Central and Eastern Europe," CASE Network Reports 0057, CASE-Center for Social and Economic Research.
    63. Mr. Dennis P Botman & David Rose & Mr. Douglas Laxton & Mr. Philippe D Karam, 2007. "DSGE Modeling at the Fund: Applications and Further Developments," IMF Working Papers 2007/200, International Monetary Fund.
    64. Makram El-Shagi & Axel Lindner & Gregor von Schweinitz, 2016. "Real Effective Exchange Rate Misalignment in the Euro Area: A Counterfactual Analysis," Review of International Economics, Wiley Blackwell, vol. 24(1), pages 37-66, February.
    65. Neményi, Judit, 2003. "Az euró bevezetésének feltételei Magyarországon [The conditions for introducing the euro in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 479-504.
    66. Jesús Crespo-Cuaresma & Jarko Fidrmuc & Ronald MacDonald, 2003. "The Monetary Approach to Exchange Rates in the CEECs Relations and Output Performance," Vienna Economics Papers vie0313, University of Vienna, Department of Economics.
    67. Lommatzsch, Kirsten & Tober, Silke, 2004. "What is behind the real appreciation of the accession countries' currencies?: An investigation of the PPI-based real exchange rate," Economic Systems, Elsevier, vol. 28(4), pages 383-403, December.
    68. Lan Huong Hoang, 2016. "The Role of Exchange Rate in Supporting Trade Balance in Vietnam," IHEID Working Papers 16-2016, Economics Section, The Graduate Institute of International Studies.
    69. Isabell Koske, 2008. "Assessing the Equilibrium Exchange Rate of the Malaysian Ringgit: A Comparison of Alternative Approaches," Asian Economic Journal, East Asian Economic Association, vol. 22(2), pages 179-208, June.
    70. Nikolay Nenovsky & Kalina Dimitrova, 2002. "Dual Inflation Under the Currency Board: The Challenges of Bulgarian EU Accession," William Davidson Institute Working Papers Series 487, William Davidson Institute at the University of Michigan.
    71. Mihályi, Péter, 2005. "Jó úton járunk? Magyarország euróstratégiája [Are we on the right track? Hungary s Euro strategy]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 712-731.
    72. International Monetary Fund, 2007. "Euro Area Policies: Selected Issues," IMF Staff Country Reports 2007/259, International Monetary Fund.
    73. Richard Frensch, 2006. "Balassa-Samuelson, Product Differentiation and Transition," Working Papers 266, Leibniz Institut für Ost- und Südosteuropaforschung (Leibniz Institute for East and Southeast European Studies).

  29. Wyplosz, Charles, 2000. "Ten Years of Transformation: Macroeconomic Lessons," CEPR Discussion Papers 2254, Centre for Economic Policy Research.

    Cited by:

    1. Anna Urbanek & Anna Losa & Monika Wieczorek-Kosmala & Karel Hlaváček & Aleš Lokaj, 2023. "Did the Quality of Digital Communication Skills in Education Improve after the Pandemic? Evidence from HEIs," Sustainability, MDPI, vol. 15(15), pages 1-22, August.
    2. Vigvári, Gábor, 2022. "Transzformáció és a populizmus a visegrádi országokban [Transformation and populism in the V4 countries]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 339-366.
    3. Richard Pomfret, 2003. "Lessons from Economies in Transition from Central Planning," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 36(2), pages 245-252, June.
    4. Sandor Valkovszky & Janos Vincze, 2001. "Estimates of and Problems with Core Inflation in Hungary," Central Bank Review, Research and Monetary Policy Department, Central Bank of the Republic of Turkey, vol. 1(1), pages 69-99.
    5. Gilles Dufrénot & Adelya Ospanova & Alain Sand-Zantman, 2014. "A small macro econometric model for Kazakhstan: a retrospective of alternative economic policies undertaken during the transition process [Working papers]," Working Papers halshs-00926223, HAL.
    6. Maria Piotrowska, 2001. "Macroeconomic shocks across Central European Countries," ERSA conference papers ersa01p147, European Regional Science Association.
    7. Facchini, Giovanni & Segnana, Maria Luigia, 2003. "Growth at the EU periphery: the next enlargement," The Quarterly Review of Economics and Finance, Elsevier, vol. 43(5), pages 827-862.
    8. Mr. Sanjeev Gupta & Mr. Alejandro Simone & Mr. Alex Segura-Ubiergo, 2006. "New Evidence on Fiscal Adjustment and Growth in Transition Economies," IMF Working Papers 2006/244, International Monetary Fund.
    9. Gillman, Max & Nakov, Anton, 2005. "Granger Causality of the Inflation-Growth Mirror in Accession Countries," CEPR Discussion Papers 4845, Centre for Economic Policy Research.
    10. Gilles DUFRENOT & Alain SAND, 2010. "Structural Reforms, Macroeconomic Policies and the Future of Kazakhstan Economy," EcoMod2004 330600046, EcoMod.
    11. Robert B.K. Pye, 2000. "The Evolution of the Insurance Sector in Central and Eastern Europe and the Former Soviet Union," William Davidson Institute Working Papers Series 336, William Davidson Institute at the University of Michigan.
    12. Iwasaki, Ichiro & 岩﨑, 一郎 & イワサキ, イチロウ, 2003. "Transition Strategies and Economic Performances in the Former Soviet States: A Comparative Institutional View," Discussion Paper Series a433, Institute of Economic Research, Hitotsubashi University.
    13. Altar, Moisa & Albu, Lucian Liviu & Dumitru, Ionut & Necula, Ciprian, 2009. "Estimation of Equilibrium Real Exchange Rate and of Deviations for Romania," Working Papers of National Institute for Economic Research 090105, Institutul National de Cercetari Economice (INCE).
    14. Iwasaki, Ichiro & Kumo, Kazuhiro, 2016. "Decline and Growth in Transition Economies: A Meta-Analysis," CEI Working Paper Series 2016-9, Center for Economic Institutions, Institute of Economic Research, Hitotsubashi University.
    15. Andrea Brasili & Bruno Sitzia, 2003. "Risk Related Non Linearities in Exchange Rates: Evidence from a Panel of Central and Eastern European Countries," Open Economies Review, Springer, vol. 14(2), pages 135-155, April.
    16. Iwasaki, Ichiro & Suzuki, Taku, 2015. "Radicalism versus Gradualism: An Analytical Survey of the Transition Strategy Debate," RRC Working Paper Series 45, Russian Research Center, Institute of Economic Research, Hitotsubashi University.
    17. Ichiro Iwasaki, 2004. "Evolution of the Government–Business Relationship and Economic Performance in the Former Soviet States – Order State, Rescue State, Punish State," Economic Change and Restructuring, Springer, vol. 36(3), pages 223-257, September.
    18. Alain Sand, 2005. "Structural reforms, macroeconomic policies and the future of Kazakhstan," Working Papers 0411, Groupe d'Analyse et de Théorie Economique Lyon St-Etienne (GATE Lyon St-Etienne), Université de Lyon.
    19. Scott Rozelle & Johan F.M. Swinnen, 2004. "Success and Failure of Reform: Insights from the Transition of Agriculture," Journal of Economic Literature, American Economic Association, vol. 42(2), pages 404-456, June.
    20. Robert Pye, 2005. "The Evolution of Financial Services in Transition Economies: An Overview of the Insurance Sector," Post-Communist Economies, Taylor & Francis Journals, vol. 17(2), pages 205-223.
    21. Gilles Dufrenot & Adelya Ospanova & Alain Sand-Zantman, 2014. "A small macro econometric model for Kazakhstan: a retrospective of alternative economic policies undertaken during the transition process," Economic Change and Restructuring, Springer, vol. 47(1), pages 1-39, February.
    22. Neven T. Valev & John A. Carlson, 2003. "Tenuous Financial Stability," William Davidson Institute Working Papers Series 540, William Davidson Institute at the University of Michigan.
    23. Warren Coats & Marko Škreb, 2002. "Ten Years of Transition - Central Banking in the CEE and the Baltics," Surveys 7, The Croatian National Bank, Croatia.
    24. Monika Wieczorek-Kosmala & Joanna Błach & Iwona Gorzeń-Mitka, 2021. "Does Capital Structure Drive Profitability in the Energy Sector?," Energies, MDPI, vol. 14(16), pages 1-15, August.
    25. Tommaso Nannicini & Andreas Billmeier, 2011. "Economies in Transition: How Important Is Trade Openness for Growth?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 73(3), pages 287-314, June.
    26. Topalli, Margerita & Ivanaj, Silvester, 2016. "Mapping the evolution of the impact of economic transition on Central and Eastern European enterprises: A co-word analysis," Journal of World Business, Elsevier, vol. 51(5), pages 744-759.
    27. Barlow, David, 2010. "How did structural reform influence inflation in transition economies?," Economic Systems, Elsevier, vol. 34(2), pages 198-210, June.

  30. Wyplosz, Charles, 1999. "Towards A More Perfect EMU," CEPR Discussion Papers 2252, Centre for Economic Policy Research.

    Cited by:

    1. Wesche, Katrin, 2003. "Monetary Policy in Europe: Evidence from Time-Varying Taylor Rules," Bonn Econ Discussion Papers 21/2003, University of Bonn, Bonn Graduate School of Economics (BGSE).
    2. Kishor, N. Kundan, 2012. "A Note On Time Variation In A Forward-Looking Monetary Policy Rule: Evidence From European Countries," Macroeconomic Dynamics, Cambridge University Press, vol. 16(S3), pages 422-437, November.

  31. Wyplosz, Charles, 1999. "Financial Restraints and Liberalization in Postwar Europe," CEPR Discussion Papers 2253, Centre for Economic Policy Research.

    Cited by:

    1. Wyplosz, Charles, 2001. "Exchange Rate Regimes: Some Lessons from Postwar Europe," CEPR Discussion Papers 2723, Centre for Economic Policy Research.
    2. Rangan Gupta, 2005. "Financial Liberalization and Inflationary Dynamics: An Open Economy Analysis," Working papers 2005-32, University of Connecticut, Department of Economics.
    3. Barry Eichengreen & David Leblang, 2003. "Capital account liberalization and growth: was Mr. Mahathir right?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 8(3), pages 205-224.
    4. Battilossi, Stefano, 2003. "Capital mobility and financial repression in Italy, 1960-1990 : a public finance perspective," IFCS - Working Papers in Economic History.WH wh030602, Universidad Carlos III de Madrid. Instituto Figuerola.
    5. Charles Wyplosz, 2001. "Do we know how low inflation should be?," IHEID Working Papers 06-2001, Economics Section, The Graduate Institute of International Studies.
    6. Charles WYPLOSZ, 2001. "How Risky Is Financial Liberalization In The Developing Countries?," G-24 Discussion Papers 14, United Nations Conference on Trade and Development.
    7. Alessio Terzi & Pasqual Marco Marrazzo, 2017. "Wide-reaching Structural Reforms and Growth: A Cross-country Synthetic Control Approach," Growth Lab Working Papers 96, Harvard's Growth Lab.
    8. Diego Romero-Avila, 2009. "Liberalization of capital controls and interest rates restrictions in the EU-15: did it affect economic growth?," Applied Financial Economics, Taylor & Francis Journals, vol. 19(20), pages 1625-1648.
    9. Joachim Voth & Mauricio Drelichman, 2008. "Debt sustainability in historical perspective: The role of fiscal repression," Economics Working Papers 1184, Department of Economics and Business, Universitat Pompeu Fabra.
    10. Hans Joachim Voth, 2001. "Convertibility, currency controls and the cost of capital in Western Europe, 1950-1999," Economics Working Papers 552, Department of Economics and Business, Universitat Pompeu Fabra.
    11. Oxelheim, Lars & Forssbæck , Jens, 2007. "The Transition to Marked-Based Monetary Policy: What Can China Learn from the European Experience?," Working Paper Series 696, Research Institute of Industrial Economics.
    12. Barry Eichengreen & David Leblang, 2003. "Exchange Rates and Cohesion: Historical Perspectives and Political‐Economy Considerations," Journal of Common Market Studies, Wiley Blackwell, vol. 41(5), pages 797-822, December.
    13. Makram El-Shagi, 2010. "Capital controls and international interest rate differentials," Applied Economics, Taylor & Francis Journals, vol. 42(6), pages 681-688.
    14. Barry Eichengreen & Hans-Joachim Voth, 2003. "Symposium on capital controls," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 8(3), pages 185-187.
    15. Marrazzo, Marco & Terzi, Alessio, 2017. "Structural reform waves and economic growth," Working Paper Series 2111, European Central Bank.
    16. Hongyi Chen & Lars Jonung & Olaf Unteroberdoerster, 2009. "Lessons for China from Financial Liberalization in Scandinavia," Working Papers 262009, Hong Kong Institute for Monetary Research.

  32. Lannoo, Karel & Wyplosz, Charles & Bénassy-Quéré, Agnès, 1999. "Financial supervision and policy coordination in the EMU," ZEI Working Papers B 11-1999, University of Bonn, ZEI - Center for European Integration Studies.

    Cited by:

    1. Rønde, Thomas & Holthausen, Cornelia, 2005. "Cooperation in International Banking Supervision," CEPR Discussion Papers 4990, Centre for Economic Policy Research.

  33. C Grafe & C Wyplosz, 1998. "The Real Exchange Rate in Transition Economies," CEP Discussion Papers dp0395, Centre for Economic Performance, LSE.

    Cited by:

    1. Ca' Zorzi, Michele & De Santis, Roberto A., 2003. "The admission of accession countries to an enlarged monetary union: a tentative assessment," Working Paper Series 216, European Central Bank.
    2. Coricelli, Fabrizio & Jazbec, Bostjan, 2004. "Real exchange rate dynamics in transition economies," Structural Change and Economic Dynamics, Elsevier, vol. 15(1), pages 83-100, March.
    3. Michel Aglietta & Camille Baulant & Sandra Moatti, 2003. "Les PECO devant la tentation de l'euro," Economie Internationale, CEPII research center, issue 93, pages 11-36.
    4. Jozef M. Van Brabant, 2001. "Exchange-rate policy in eastern Europe and EU integration," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 54(218), pages 219-248.
    5. Belke, Ansgar & Haskamp, Ulrich & Schnabl, Gunther & Zemanek, Holger, 2015. "Beyond Balassa and Samuelson: Real convergence, capital flows, and competitiveness in Greece," Ruhr Economic Papers 577, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    6. Wyplosz, Charles, 2000. "Ten Years of Transformation: Macroeconomic Lessons," CEPR Discussion Papers 2254, Centre for Economic Policy Research.
    7. Polterovich, Victor & Popov, Vladimir, 2003. "Accumulation of Foreign Exchange Reserves and Long Term Growth," MPRA Paper 20069, University Library of Munich, Germany.
    8. Desai, Padma, 1998. "Macroeconomic Fragility and Exchange Rate Vulnerability: A Cautionary Record of Transition Economies," Journal of Comparative Economics, Elsevier, vol. 26(4), pages 621-641, December.
    9. Francois Gurtner, 2002. "Currency Board and Debt Trap: Evidence from Argentina and Relevance for Estonia," CERT Discussion Papers 0204, Centre for Economic Reform and Transformation, Heriot Watt University.
    10. Lukasz Rawdanowicz, 2003. "The EMU Enlargement and the Choice of the Euro Conversion Rates: Theoretical and Empirical Issues," CASE Network Studies and Analyses 0269, CASE-Center for Social and Economic Research.
    11. David M. Kemme & Saktinil Roy, 2005. "Real Exchange Rate Misalignment: Prelude to Crisis?," William Davidson Institute Working Papers Series wp797, William Davidson Institute at the University of Michigan.
    12. Dumitru, Ionut, 2008. "Efectul Balassa-Samuelson in Romania [Balassa-Samuelson effect in Romania]," MPRA Paper 18611, University Library of Munich, Germany.
    13. Alain de Crombrugghe, 2001. "Policy Options for Joining the Euro," LICOS Discussion Papers 10301, LICOS - Centre for Institutions and Economic Performance, KU Leuven.
    14. Andrea Brasili & Bruno Sitzia, 2003. "Risk Related Non Linearities in Exchange Rates: Evidence from a Panel of Central and Eastern European Countries," Open Economies Review, Springer, vol. 14(2), pages 135-155, April.
    15. Josip Tica, 2006. "Exchange Rate Economics in Transition Economies," Zagreb International Review of Economics and Business, Faculty of Economics and Business, University of Zagreb, vol. 9(2), pages 155-170, November.
    16. David Begg & Charles Wyplosz, 2001. "Untied Hands are Fundamentally Better," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 319-344.
    17. Jakab M., Zoltán & Kovács, Mihály András, 2000. "A reálárfolyam-ingadozások főbb meghatározói Magyarországon [The main determinants of real exchange-rate fluctuations in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 136-156.
    18. Laurian LUNGU, 2011. "The Romanian economy - four years after the EU accession," Eastern Journal of European Studies, Centre for European Studies, Alexandru Ioan Cuza University, vol. 2, pages 31-48, December.
    19. Leszek Wincenciak, 2008. "Balassa-Samuelson Effect in Poland: Is Real Convergence a Threat to Nominal One?," Ekonomia journal, Faculty of Economic Sciences, University of Warsaw, vol. 20.
    20. Velimir Bole, 2002. "Disinflation and Labor Market Distortions: Lessons from Slovenia," wiiw Balkan Observatory Working Papers 20, The Vienna Institute for International Economic Studies, wiiw.
    21. Jozef M. Van Brabant, 2001. "Exchange-rate policy in eastern Europe and EU integration," Banca Nazionale del Lavoro Quarterly Review, Banca Nazionale del Lavoro, vol. 54(218), pages 219-248.
    22. Fardmanesh, Mohsen & Tan, Li, 2003. "Wage and price control policies in transition economies," Journal of Development Economics, Elsevier, vol. 70(1), pages 173-200, February.
    23. Tomasz Mickiewicz & Anna Zalewska, 2002. "Deindustrialisation. Lessons from the StructuralOutcomes of Post-Communist Transition," William Davidson Institute Working Papers Series 463, William Davidson Institute at the University of Michigan.
    24. Michel Aglietta & Camille Baulant & Virginie Coudert, 1998. "Compétitivité et régime de change en Europe Centrale," Working Papers 1998-10, CEPII research center.
    25. David Begg & Charles Wyplosz, 2001. "Il est toujours préférable d’avoir les mains libres," Revue d'Économie Financière, Programme National Persée, vol. 6(1), pages 349-380.
    26. Karsten Staehr, 2010. "Income convergence and inflation in Central and Eastern Europe : does the sun always rise in the East," Bank of Estonia Working Papers wp2010-04, Bank of Estonia, revised 22 Mar 2010.

  34. Wyplosz, Charles, 1997. "EMU: Why and How It Might Happen," CEPR Discussion Papers 1685, Centre for Economic Policy Research.

    Cited by:

    1. Robert Boyer, 2013. "The euro crisis: undetected by conventional economics, favoured by nationally focused polity," Cambridge Journal of Economics, Cambridge Political Economy Society, vol. 37(3), pages 533-569.
    2. Beetsma, Roel & Giuliodori, Massimo, 2009. "The Macroeconomic Costs and Benefits of the EMU and other Monetary Unions: An Overview of Recent Research," CEPR Discussion Papers 7500, Centre for Economic Policy Research.
    3. Bajo-Rubio, Oscar & Montavez-Garces, M. Dolores, 2002. "Was there Monetary Autonomy in Europe on the eve of EMU? The German Dominance Hypothesis Re-Examined," Journal of Applied Economics, Universidad del CEMA, vol. 5(2), pages 1-26, November.
    4. Johannes Schmidt, 2026. "The introduction of the Euro: who warned, and why?," Review of Evolutionary Political Economy, Springer, vol. 7(1), pages 1-24, December.
    5. Marc-Alexandre Sénégas, 2010. "La théorie des zones monétaires optimales au regard de l'euro : Quels enseignements après dix années d'union économique et monétaire en Europe ?," Revue d'économie politique, Dalloz, vol. 120(2), pages 379-419.
    6. W. Jos Jansen, 2003. "Inside the Impossible Triangle: Monetary Policy Autonomy in a Credible Target Zone," Macroeconomics 0312009, University Library of Munich, Germany.
    7. Hau, Harald, 2000. "Real Exchange Rate Volatility and Economic Openness: Theory and Evidence," CEPR Discussion Papers 2356, Centre for Economic Policy Research.
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    1. Bo??tjan Jazbec, 2002. "Real Exchange Rates in Transition Economies," William Davidson Institute Working Papers Series 482, William Davidson Institute at the University of Michigan.
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    6. Frait, Jan & Komárek, Luboš, 2002. "Theoretical And Empirical Analysis Of The Debt-Adjusted Real Exchange Rate In Selected Transition Economies During 1994-2001," The Warwick Economics Research Paper Series (TWERPS) 646, University of Warwick, Department of Economics.
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    155. Andrén, Niclas & Oxelheim, Lars, 2006. "Producer Prices in the Transition to a Common Currency," Working Paper Series 668, Research Institute of Industrial Economics.
    156. Martin Cincibuch & Jiri Podpiera, 2004. "Beyond Balassa - Samuelson: Real Appreciation in Tradables in Transition Countries," Working Papers 2004/09, Czech National Bank, Research and Statistics Department.
    157. Ahmad Zubaidi Baharumshah & Darja Borsic, 2008. "Purchasing power parity in Central and Eastern European countries," Economics Bulletin, AccessEcon, vol. 6(32), pages 1-8.
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    159. Christev, Atanas & Noorbakhsh, Abbas, 2000. "Long-run purchasing power parity, prices and exchange rates in transition: The case of six Central and East European countries," Global Finance Journal, Elsevier, vol. 11(1-2), pages 87-108.
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    161. Darvas, Zsolt & Szapáry, György, 1999. "A nemzetközi pénzügyi válságok tovaterjedése különböző árfolyamrendszerekben [The spread of international financial crises under various exchange-rate systems]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(11), pages 945-968.
    162. Pierre Beynet & Henri Lamotte, 1999. "Le régime agri-monétaire. Situation passée et perspectives liées à la mise en place de l'euro et à l'élargissement de l'UE," Économie et Statistique, Programme National Persée, vol. 329(1), pages 55-71.
    163. Ondřej Schneider & Jan Zápal, 2005. "Fiscal Policy in New EU Member States: Go East, Prudent Man!," Working Papers IES 76, Charles University Prague, Faculty of Social Sciences, Institute of Economic Studies, revised 2005.
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    166. Elena Pelinescu & Marioara Iordan & Mihaela-Nona Chilian, 2012. "Competitiveness Of The Romanian Economy From European Perspective," New Trends in Modelling and Economic Forecast (MEF 2011), ROMANIAN ACADEMY – INSTITUTE FOR ECONOMIC FORECASTING;"Nicolae Titulescu" University of Bucharest, Faculty of Economic Sciences, vol. 1(1), pages 86-104, January.
    167. Balázs Égert & Carol S. Leonard, 2006. "The Dutch Disease in Kazakhstan: An Empirical Investigation," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 2, pages 85-108.
    168. Kovács, Mihály András, 1999. "Reálárfolyam-mutatók és a magyar gazdaság ár- és költség-versenyképessége [Indicators of real exchange rates and the price and cost efficiency of the Hungarian economy]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 145-175.
    169. Neményi, Judit, 2003. "Az euró bevezetésének feltételei Magyarországon [The conditions for introducing the euro in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 479-504.
    170. Lommatzsch, Kirsten & Tober, Silke, 2004. "What is behind the real appreciation of the accession countries' currencies?: An investigation of the PPI-based real exchange rate," Economic Systems, Elsevier, vol. 28(4), pages 383-403, December.
    171. Szapáry, György & Jakab M., Zoltán, 1998. "A csúszó leértékelés tapasztalatai Magyarországon [Experiences with the crawling band devaluation in Hungary]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 877-905.
    172. Michael Arghyrou & Virginie Boinet & Christopher Martin, 2005. "Beyond Purchasing Power Parity: Nominal exchange rates, output shocks and non linear/asymmetric equilibrium adjustment in Central Europe," Money Macro and Finance (MMF) Research Group Conference 2005 35, Money Macro and Finance Research Group.
    173. Mills, Terence C. & Pentecost, Eric J., 2001. "The real exchange rate and the output response in four EU accession countries," Emerging Markets Review, Elsevier, vol. 2(4), pages 418-430, December.
    174. Leslie LIPSCHITZ & Timothy LANE & Alex MOURMOURAS, 2006. "Capital Flows to Transition Economies: Master or Servant? (in English)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 56(5-6), pages 202-222, May.
    175. Michel Aglietta & Camille Baulant & Virginie Coudert, 1998. "Compétitivité et régime de change en Europe Centrale," Working Papers 1998-10, CEPII research center.
    176. Robert Kelm, 2010. "The Exchange Rate and Two Price Inflations in Poland in the Period 1999-2009. Do Globalization and Balassa-Samuelson Effect Matter?," Central European Journal of Economic Modelling and Econometrics, Central European Journal of Economic Modelling and Econometrics, vol. 2(4), pages 315-349, September.
    177. Bodea, Cristina, 2010. "The political economy of fixed exchange rate regimes: The experience of post-communist countries," European Journal of Political Economy, Elsevier, vol. 26(2), pages 248-264, June.
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  37. Wyplosz, Charles & Neven, Damien, 1996. "Relative Prices, Trade and Restructuring in European Industry," CEPR Discussion Papers 1451, Centre for Economic Policy Research.

    Cited by:

    1. Michael Peneder, 2003. "Industry Classifications: Aim, Scope and Techniques," Journal of Industry, Competition and Trade, Springer, vol. 3(1), pages 109-129, March.
    2. Peter Huber & Helmut Hofer, 2001. "Teilprojekt 9: Auswirkungen der EU-Erweiterung auf den österreichischen Arbeitsmarkt," WIFO Studies, WIFO, number 19839.
    3. Sabine Engelmann, 2014. "International trade, technological change and wage inequality in the UK economy," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 41(2), pages 223-246, May.
    4. Ayodele, Olumide S. & Obafemi, Frances N., 2006. "Fiscal and Quasi-Fiscal Effects of the Parallel Exchange Premium in Nigeria," Conference papers 331503, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    5. Martin Falk & Yvonne Wolfmayr, 2005. "Employment Effects of Outsourcing to Low Wage Countries. Empirical Evidence for EU Countries," WIFO Working Papers 262, WIFO.
    6. Cecilia Garcia-Penalosa & Eve Caroli & Philippe Aghion, 1999. "Inequality and Economic Growth: The Perspective of the New Growth Theories," Journal of Economic Literature, American Economic Association, vol. 37(4), pages 1615-1660, December.
    7. Aretz, Bodo & Busl, Claudia & Gürtzgen, Nicole & Hogrefe, Jan & Kappler, Marcus & Steffes, Susanne & Westerheide, Peter, 2009. "Endbericht zum Forschungsauftrag fe 13/08: "Ursachenanalyse der Verschiebung in der funktionalen Einkommensverteilung in Deutschland" (Aktenzeichen I A 3 - Vw 3170/08/10035)," ZEW Expertises, ZEW - Leibniz Centre for European Economic Research, number 110510.
    8. Lisandro Abrego & John Whalley, 2000. "Demand Side Considerations and the Trade and Wages Debate," NBER Working Papers 7674, National Bureau of Economic Research, Inc.
    9. Ochsen, Carsten, 2004. "Zukunft der Arbeit und Arbeit der Zukunft in Deutschland," Thuenen-Series of Applied Economic Theory 45, University of Rostock, Institute of Economics.
    10. Singh, Ajit & Zammit, Ann, 1997. "Foreign direct investment, technology transfer to the South and competition for the North: towards co-operative institutional arrangements between the North and the South?," MPRA Paper 54935, University Library of Munich, Germany.
    11. Lars Calmfors & Giancarlo Corsetti & Michael P. Devereux & Gilles Saint-Paul & Hans-Werner Sinn & Jan-Egbert Sturm & Xavier Vives, 2008. "Chapter 3: The effect of globalisation on Western European jobs: curse or blessing?," EEAG Report on the European Economy, CESifo, vol. 0, pages 71-104, February.
    12. Lihong Yun, 2008. "Technical Progress and Labour Demand in Swedish Manufacturing Firms," Journal of Industry, Competition and Trade, Springer, vol. 8(2), pages 147-167, June.
    13. Falk, Martin & Wolfmayr, Yvonne, 2008. "Services and materials outsourcing to low-wage countries and employment: Empirical evidence from EU countries," Structural Change and Economic Dynamics, Elsevier, vol. 19(1), pages 38-52, March.
    14. T. Huw Edwards & John Whalley, 2003. "Short and Long Run Decompositions of OECD Wage Inequality Changes," University of Western Ontario, Departmental Research Report Series 20032, University of Western Ontario, Department of Economics, revised Sep 2002.
    15. Hofer, Helmut & Huber, Peter, 2001. "Wage and Mobility Effects of Trade and Migration on the Austrian Labour Market," Economics Series 97, Institute for Advanced Studies.
    16. Welsch, Heinz & Ochsen, Carsten, 2005. "The determinants of aggregate energy use in West Germany: factor substitution, technological change, and trade," Energy Economics, Elsevier, vol. 27(1), pages 93-111, January.
    17. Engelmann, Sabine, 2012. "International trade, technical change and wage inequality in the U.K. economy," IAB-Discussion Paper 201208, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    18. Edwards, T. Huw & Lücke, Matthias, 2021. "Decomposing the growth of the high-skilled wage premium in an advanced economy open to trade," The Quarterly Review of Economics and Finance, Elsevier, vol. 80(C), pages 766-784.
    19. Greenaway, David & Hine, Robert C. & Wright, Peter, 1999. "An empirical assessment of the impact of trade on employment in the United Kingdom," European Journal of Political Economy, Elsevier, vol. 15(3), pages 485-500, September.
    20. H. Boulhol & S. Dobbelaere & S. Maioli, 2007. "Imports as product and labour market discipline," Working Papers of Faculty of Economics and Business Administration, Ghent University, Belgium 07/479, Ghent University, Faculty of Economics and Business Administration.
    21. Ide Kearney, 1997. "Shifts in the Demand for Skilled Labour in the Irish Manufacturing Sector: 1979-1990," Papers WP083, Economic and Social Research Institute (ESRI).
    22. Niven Winchester, 2006. "Searching for the Smoking Gun: Did Trade Hurt Unskilled Workers?," Working Papers 0605, University of Otago, Department of Economics, revised Sep 2006.
    23. Lisandro Abrego & John Whalley, 1999. "The Choice of Structural Model in Trade-Wages Decompositions," NBER Working Papers 7312, National Bureau of Economic Research, Inc.
    24. Jonathan Haskel & Matthew J. Slaughter, 1999. "Trade, Technology and U.K. Wage Inequality," NBER Working Papers 6978, National Bureau of Economic Research, Inc.
    25. Chiara Bentivogli & Patrizio Pagano, 1999. "Trade, Job Destruction and Job Creation in European Manufacturing," Open Economies Review, Springer, vol. 10(2), pages 165-184, May.
    26. Carsten Ochsen & Heinz Welsch, 2005. "Technology, trade, and income distribution in West Germany: A factor-share analysis, 1976-1994," Journal of Applied Economics, Universidad del CEMA, vol. 8, pages 321-345, November.
    27. Stephen Bazen & Jean-Marie Cardebat, 2001. "The impact of trade on the relative wages and employment of low skill workers in France," Applied Economics, Taylor & Francis Journals, vol. 33(6), pages 801-810.
    28. Filip Abraham & Ellen Brock, 2003. "Sectoral employment effects of trade and productivity in Europe," Applied Economics, Taylor & Francis Journals, vol. 35(2), pages 223-238.
    29. Koeniger, Winfried, 2001. "Trade, Labor Market Rigidities, and Government-Financed Technological Change," IZA Discussion Papers 241, IZA Network @ LISER.
    30. Jansen, Marion, 2000. "International trade and the position of European low-skilled labour," WTO Staff Working Papers ERAD-2000-01, World Trade Organization (WTO), Economic Research and Statistics Division.
    31. Michael Pflüger, 2003. "Trade, Technology and Labour Markets: Empirical Controversies in the Light of the Jones Model," Discussion Papers of DIW Berlin 328, DIW Berlin, German Institute for Economic Research.
    32. Siebert, Horst & Stehn, Jürgen, 1999. "Internationaler Handel, dynamischer Wettbewerb und nationale Beschäftigungsstruktur: eine Bestandsaufnahme für Deutschland," Open Access Publications from Kiel Institute for the World Economy 2392, Kiel Institute for the World Economy.

  38. Eichengreen, Barry & Rose, Andrew K. & Wyplosz, Charles, 1995. "Is There a Safe Passage to EMU? Evidence on Capital Controls and a Proposal," Center for International and Development Economics Research (CIDER) Working Papers 233399, University of California-Berkeley, Department of Economics.

    Cited by:

    1. Wolff, Christian & Straetmans, Stefan & Versteeg, Roald, 2008. "Are Capital Controls in the Foreign Exchange Market Effective?," CEPR Discussion Papers 6727, Centre for Economic Policy Research.
    2. Kenen, Peter B., 1995. "What have we learned from the EMS crises?," Journal of Policy Modeling, Elsevier, vol. 17(5), pages 449-461, October.
    3. Michael Melvin & Frank Westermann, 2022. "Chinese Exchange Rate Policy: Lessons for Global Investors," Journal of Money, Credit and Banking, Blackwell Publishing, vol. 54(1), pages 145-168, February.
    4. Eichengreen, Barry & Wyplosz, Charles, 1995. "What Do Currency Crises Tell Us About the Future of the International Monetary System?," Center for International and Development Economics Research (CIDER) Working Papers 233418, University of California-Berkeley, Department of Economics.
    5. Ramkishen Rajan, 1998. "Restraints On Capital Flows : What Are They?," Macroeconomics Working Papers 22383, East Asian Bureau of Economic Research.
    6. Eichengreen, Barry & Tobin, James & Wyplosz, Charles, 1994. "Two Cases for Sand in the Wheels of International Finance," Center for International and Development Economics Research (CIDER) Working Papers 233396, University of California-Berkeley, Department of Economics.
    7. Benoît Cœuré & Antoine Magnier, 1996. "Crédibilité et fondamentaux macro-économiques au sein du SME : un examen empirique," Économie et Prévision, Programme National Persée, vol. 123(2), pages 113-146.
    8. Schnatz, Bernd, 1998. "Macroeconomic determinants of currency turbulences in emerging markets," Discussion Paper Series 1: Economic Studies 1998,03e, Deutsche Bundesbank.
    9. Barry Eichengreen & Andrew K. Rose & Charles Wyplosz, 1994. "Speculative Attacks on Pegged Exchange Rates: An Empirical Exploration with Special Reference to the European Monetary System," NBER Working Papers 4898, National Bureau of Economic Research, Inc.
    10. Weller, Christian E., 1999. "Financial crises after financial liberalization: Exceptional circumstances or structural weakness?," ZEI Working Papers B 15-1999, University of Bonn, ZEI - Center for European Integration Studies.
    11. Mariassunta Giannetti, 2004. "Old and Modern Currency Crises: Short-Term Liabilities, Speculative Attacks and Business Cycles," Econometric Society 2004 North American Summer Meetings 133, Econometric Society.

  39. Eichengreen, Barry & Wyplosz, Charles, 1995. "What Do Currency Crises Tell Us About the Future of the International Monetary System?," Center for International and Development Economics Research (CIDER) Working Papers 233418, University of California-Berkeley, Department of Economics.

    Cited by:

    1. Obstfeld, Maurice, 1996. "Intertemporal Price Speculation and the Optimal Current-Account Deficit: Reply and Clarification," Center for International and Development Economics Research (CIDER) Working Papers 233425, University of California-Berkeley, Department of Economics.
    2. Frankel, Jeffrey A. & Rose, Andrew K., 1996. "Economic Structure and the Decision to Adopt a Common Currency," Center for International and Development Economics Research (CIDER) Working Papers 233436, University of California-Berkeley, Department of Economics.
    3. Frankel, Jeffrey A., 1996. "Recent Exchange Rate Experience and Proposals for Reform," Center for International and Development Economics Research (CIDER) Working Papers 233422, University of California-Berkeley, Department of Economics.

  40. Frankel, Jeffrey & Wyplosz, Charles, 1995. "A Proposal to Introduce the ECU First in the East," Center for International and Development Economics Research (CIDER) Working Papers 233415, University of California-Berkeley, Department of Economics.

    Cited by:

    1. Eichengreen, Barry & Wyplosz, Charles, 1995. "What Do Currency Crises Tell Us About the Future of the International Monetary System?," Center for International and Development Economics Research (CIDER) Working Papers 233418, University of California-Berkeley, Department of Economics.
    2. Obstfeld, Maurice, 1996. "Intertemporal Price Speculation and the Optimal Current-Account Deficit: Reply and Clarification," Center for International and Development Economics Research (CIDER) Working Papers 233425, University of California-Berkeley, Department of Economics.
    3. Frankel, Jeffrey A. & Rose, Andrew K., 1996. "Economic Structure and the Decision to Adopt a Common Currency," Center for International and Development Economics Research (CIDER) Working Papers 233436, University of California-Berkeley, Department of Economics.
    4. Frankel, Jeffrey A. & Rose, Andrew K., 1995. "A Panel Project on Purchasing Power Parity: Mean Reversion Within and Between Countries," Center for International and Development Economics Research (CIDER) Working Papers 233411, University of California-Berkeley, Department of Economics.
    5. Frankel, Jeffrey A., 1996. "Recent Exchange Rate Experience and Proposals for Reform," Center for International and Development Economics Research (CIDER) Working Papers 233422, University of California-Berkeley, Department of Economics.
    6. Bardhan, Pranab, 1996. "The Nature of Institutional Impediments to Economic Development," Center for International and Development Economics Research (CIDER) Working Papers 233429, University of California-Berkeley, Department of Economics.
    7. Frankel, Jeffrey A. & Rose, Andrew K., 1995. "A Survey of Empirical Research on Nominal Exchange Rates," Center for International and Development Economics Research (CIDER) Working Papers 233409, University of California-Berkeley, Department of Economics.
    8. Iwaisako, Tokuo, 2002. "Does International Diversification Really Diversify Risks?," Journal of the Japanese and International Economies, Elsevier, vol. 16(1), pages 109-134, March.

  41. Wyplosz, Charles & Halpern, László, 1995. "Equilibrium Real Exchange Rates in Transition," CEPR Discussion Papers 1145, Centre for Economic Policy Research.

    Cited by:

    1. Jacek Rostowski, 1999. "The Approach to EU and EMU Membership: the Implications for Macroeconomic Policy in Applicant Countries," CASE-CEU Working Papers 0026, CASE-Center for Social and Economic Research.
    2. Panagiotis Liargovas, 1999. "An Assessment of Real Exchange Rate Movements in the Transition Economies of Central and Eastern Europe," Post-Communist Economies, Taylor & Francis Journals, vol. 11(3), pages 299-318.
    3. Vincze, János, 1997. "A stabilizáció hatása az árak és a termelés közötti összefüggésekre [The impact of stabilisation on the interrelations between prices and production]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(4), pages 273-295.
    4. Frait, Jan & Komarek, Lubos, "undated". "Real exchange rate trends in transitional countries," Economic Research Papers 269366, University of Warwick - Department of Economics.
    5. Yu Hsing, 2004. "Impacts of Macroeconomic Policies on Output in the Czech Republic: An Application of Romer's ISMP-IA Model," Prague Economic Papers, Prague University of Economics and Business, vol. 2004(4), pages 339-345.
    6. International Monetary Fund, 2001. "Interpreting Real Exchange Rate Movements in Transition Countries," IMF Working Papers 2001/056, International Monetary Fund.
    7. Nathalie Avallone & Amina Lahreche-Revil, 1999. "Le taux de change réel d'équilibre dans les pays en transition : le cas de la Hongrie," Cahiers de la Maison des Sciences Economiques bla99091, Université Panthéon-Sorbonne (Paris 1).
    8. Horvath, Roman & Komarek, Lubos, 2006. "Equilibrium Exchange Rates in EU New Members: Applicable for Setting the ERM II Central Parity?," MPRA Paper 1180, University Library of Munich, Germany.
    9. Hervé Joly & Céline Prigent & Nicolas Sobczak, 1996. "Le taux de change réel d'équilibre : une introduction," Économie et Prévision, Programme National Persée, vol. 123(2), pages 1-21.
    10. László Halpern, 1996. "Real exchange rate and exchange rate policy in Hungary," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 4(1), pages 211-228, May.
    11. Dariusz Rosati, 1996. "Exchange rate policies during transition from plan to market," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 4(1), pages 159-184, May.
    12. Buch, Claudia M. & Heinrich, Ralph P. & Spinanger, Dean & Brücker, Herbert & Engerer, Hella & Lodahl, Maria & Schrettl, Wolfram & Schrooten, Mechthild & Gabrisch, Hubert & Linne, Thomas & Sigmund, Pet, 1997. "Die wirtschaftliche Lage Rußlands: Wirtschaftspolitik muß jetzt endlich Wachstumserfolge vorweisen. Elfter Bericht," Open Access Publications from Kiel Institute for the World Economy 987, Kiel Institute for the World Economy.
    13. Pelin Oge Guney & Erdinc Telatar & Mubariz Hasanov, 2012. "Time Series Behaviour of the Real Interest Rates in Transition Economies," Hacettepe University Department of Economics Working Papers 20125, Hacettepe University, Department of Economics.
    14. Nathalie Avallone & Amina Lahrèche-Révil, 1999. "Le taux de change réel d’équilibre dans les pays en transition : le cas de la Hongrie," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) halshs-03598288, HAL.
    15. Bojnec, Stefan & Munch, Wolfgang & Swinnen, Johan F.M., 1997. "EXCHANGE RATES AND THE MEASUREMENT OF AGRICULTURAL PRICE DISTORTIONS IN CEECs AND OF CEEC-EU ACCESSION COSTS," PRG Working Papers 31863, Katholieke Universiteit Leuven, LICOS - Centre for Institutions and Economic Performance.
    16. Stanislaw Gomulka, 1998. "Managing capital flows in Poland, 1995‐98," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 6(2), pages 389-396, November.
    17. Boone, Laurence & Maurel, Mathilde, 1998. "Economic Convergence of the CEECs with the EU," CEPR Discussion Papers 2018, Centre for Economic Policy Research.
    18. Frait, Jan & Komarek, Lubos & Meleck, Martin, 2006. "The Real Exchange Rate Misalignment in the Five Central European Countries," The Warwick Economics Research Paper Series (TWERPS) 739, University of Warwick, Department of Economics.
    19. Buch, Claudia M. & Heinrich, Ralph P., 1997. "Financing the transition: Risks and benefits of integrating into the international capital market," Kiel Working Papers 818, Kiel Institute for the World Economy.
    20. Nathalie Avallone & Amina Lahrèche-Révil, 1999. "Le taux de change réel d’équilibre dans les pays en transition : le cas de la Hongrie," Post-Print halshs-03598288, HAL.
    21. Horvath, Julius, 2002. "The Eastern Enlargement of the EU: M. Dabrowski, J. Rostowski (Eds.), Kluwer, Dordrecht, 2000, 256 pp," Economic Systems, Elsevier, vol. 26(2), pages 191-193, June.
    22. Domenico Mario Nuti, 1996. "Inflation, interest and exchange rates in the transition1," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 4(1), pages 137-158, May.
    23. Maeso-Fernandez, Francisco & Osbat, Chiara & Schnatz, Bernd, 2004. "Towards the estimation of equilibrium exchange rates for CEE acceding countries: methodological issues and a panel cointegration perspective," Working Paper Series 353, European Central Bank.
    24. Lubos Komarek & Martin Melecky, 2005. "The Behavioural Equilibrium Exchange Rate of the Czech Koruna," Working Papers 2005/05, Czech National Bank, Research and Statistics Department.
    25. French-German Economic Forum, 1999. "Reduction of Working Time," Working Papers 1999-13, CEPII research center.
    26. Sandrine Cazes & Bruno Coquet & Jacky Fayolle & Jacques Le Cacheux & Frédéric Lerais, 1996. "Elargir l'Union européenne aux pays d'Europe centrale et orientale," Revue de l'OFCE, Programme National Persée, vol. 57(1), pages 135-180.
    27. Yuhsing, 2006. "Macroeconomic policies and output fluctuations in slovakia: Application of the taylor rule," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 53(2), pages 249-259, June.
    28. Mihályi, Péter, 2005. "Jó úton járunk? Magyarország euróstratégiája [Are we on the right track? Hungary s Euro strategy]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 712-731.

  42. Eichengreen, Barry & Rose, Andrew K. & Wyplosz, Charles, 1995. "Speculative Attacks on Pegged Exchange Rates: An Empirical Exploration with Special Reference to the European Monetary System," Center for International and Development Economics Research (CIDER) Working Papers 233397, University of California-Berkeley, Department of Economics.

    Cited by:

    1. Mark Kruger & Patrick Osakwe & Jennifer Page, 1998. "Fundamentals, Contagion and Currency Crises: An Empirical Analysis," Staff Working Papers 98-10, Bank of Canada.
    2. Fernando Zarzosa Valdivia & Maximiliano Micheli, 2020. "The random forest path of real exchange rate misalignments. The Argentinean case," Asociación Argentina de Economía Política: Working Papers 4429, Asociación Argentina de Economía Política.
    3. Weymark, Diana N, 1997. "Measuring the degree of exchange market intervention in a small open economy," Journal of International Money and Finance, Elsevier, vol. 16(1), pages 55-79, February.
    4. Ramon Moreno, 1995. "Macroeconomic behavior during periods of speculative pressure or realignment: evidence from Pacific Basin economies," Pacific Basin Working Paper Series 95-05, Federal Reserve Bank of San Francisco.
    5. Hoda Selim, 2010. "Has Egypt’s Monetary Policy Changed after The Float?," Working Papers 543, Economic Research Forum, revised 09 Jan 2010.
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    135. Sanna‐Mari Hynninen & Aki Kangasharju & Jaakko Pehkonen, 2009. "Matching Inefficiencies, Regional Disparities, and Unemployment," LABOUR, CEIS, vol. 23(3), pages 481-506, September.
    136. Dengler, Katharina & Stops, Michael & Vicari, Basha, 2016. "Occupation-specific matching efficiency," IAB-Discussion Paper 201616, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    137. Bell, Una Louise & Artola, Concha, 2001. "Identifying labour market dynamics using labour force survey data," ZEW Discussion Papers 01-44, ZEW - Leibniz Centre for European Economic Research.
    138. Lisi, Gaetano, 2011. "Matching Models of Equilibrium Unemployment: An Overview," MPRA Paper 30191, University Library of Munich, Germany.
    139. Kai Christoffel & James Costain & Gregory de Walque & Keith Kuester & Tobias Linzert & Stephen Millard & Olivier Pierrard, 2009. "Inflation dynamics with labour market matching: assessing alternative specifications," Bank of England Staff Working Paper series 375, Bank of England.
    140. G. C. Lim & Robert Dixon & Jan C. Ours, 2021. "Beyond Okun’s law: output growth and labor market flows," Empirical Economics, Springer, vol. 60(3), pages 1387-1409, March.
    141. Vladislav Flek & Martina Mysíková, 2015. "Uneployment Dynamics in Central Europe: A Labour Flow Approach," Prague Economic Papers, Prague University of Economics and Business, vol. 2015(1), pages 73-87.
    142. Moyen, Stéphane & Stähler, Nikolai, 2009. "Unemployment insurance and the business cycle: prolong benefit entitlements in bad times?," Discussion Paper Series 1: Economic Studies 2009,30, Deutsche Bundesbank.
    143. Karsten Albæk & Henrik Hansen, 2004. "The Rise in Danish Unemployment: Reallocation or Mismatch?," Oxford Bulletin of Economics and Statistics, Department of Economics, University of Oxford, vol. 66(4), pages 515-536, September.
    144. Chiara Mussida & Carlo Lucarelli, 2014. "Dynamics and Performance of the Italian Labour Market," Economia politica, Società editrice il Mulino, issue 1, pages 33-54.
    145. Arai, Mahmood & Heyman, Fredrik, 2000. "Permanent and Temporary Labour: Job and Worker Flows in Sweden, 1989-1998," Working Papers 71, National Institute of Economic Research.
    146. Burgess, Simon & Lane, Julia & Stevens, David, 2000. "Job Flows, Worker Flows, and Churning," Journal of Labor Economics, University of Chicago Press, vol. 18(3), pages 473-502, July.
    147. Baas, Timo & Belke, Ansgar, 2017. "Oil price shocks, monetary policy and current account imbalances within a currency union," Ruhr Economic Papers 740, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    148. Jung, Philip & Kuhn, Moritz, 2011. "Labor Market Rigidity and Business Cycle Volatility," MPRA Paper 48946, University Library of Munich, Germany.
    149. Lasse Sigbjørn Stambøl, 2003. "Urban and regional labour mobility performance in Norway," ERSA conference papers ersa03p364, European Regional Science Association.
    150. Jose Ignacio Garcia Perez, 1997. "Las tasas de salida del empleo y del desempleo en España (1978-1993)," Investigaciones Economicas, Fundación SEPI, vol. 21(1), pages 29-53, January.
    151. Heyman, Fredrik, 2001. "Wage Dispersion and Allocation of Jobs," SSE/EFI Working Paper Series in Economics and Finance 479, Stockholm School of Economics.
    152. Felix Reichling, 2005. "Retraining the Unemployed in a Matching Model with Turbulence," Macroeconomics 0506012, University Library of Munich, Germany.
    153. Van der Linden, Bruno, 1999. "Active Citizen's Income, Unconditional Income and Participation under Imperfect Competition: A Normative Analysis," LIDAM Discussion Papers IRES 1999023, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).
    154. Enrico Fabrizi, 2009. "The Determinants of Labour Market Transitions," Giornale degli Economisti, GDE (Giornale degli Economisti e Annali di Economia), Bocconi University, vol. 68(2), pages 233-265, July.
    155. Garibaldi, Pietro & Wasmer, Etienne, 2001. "Labor Market Flows and Equilibrium Search Unemployment," IZA Discussion Papers 406, IZA Network @ LISER.
    156. Eran Yashiv, 2000. "The Determinants of Equilibrium Unemployment," American Economic Review, American Economic Association, vol. 90(5), pages 1297-1322, December.
    157. Balakrishnan, Ravi & Michelacci, Claudio, 2001. "Unemployment dynamics across OECD countries," European Economic Review, Elsevier, vol. 45(1), pages 135-165, January.
    158. Schmidt, Christoph M., 1999. "The Heterogeneity and Cyclical Sensitivity of Unemployment: An Exploration of German Labor Market Flows," IZA Discussion Papers 84, IZA Network @ LISER.
    159. Brian Bell & James Smith, 2002. "On gross worker flows in the United Kingdom: evidence from the Labour Force Survey," Bank of England Staff Working Paper series 160, Bank of England.
    160. Combes, Pierre-Philippe & Duranton, Gilles, 2001. "Labor pooling, labor poaching and spatial clustering," LSE Research Online Documents on Economics 20103, London School of Economics and Political Science, LSE Library.
    161. Brian Silverstone, 2001. "Some Aspects of Labour Market Flows in New Zealand 1986-2001," Working Papers in Economics 01/02, University of Waikato.
    162. Annamaria Simonazzi & Paola Villa, 1999. "Flexibility and Growth," International Review of Applied Economics, Taylor & Francis Journals, vol. 13(3), pages 281-311.
    163. Ravi Balakrishnan & Claudio Michelacci, 1998. "Unemployment Dynamics Across OECD Countries," Working Papers wp1998_9806, CEMFI.
    164. Broersma, L. & Butter, F.A.G. den, 1994. "A consistent set of time series data on labour market flows for the Netherlands," Serie Research Memoranda 0043, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    165. Christine Erhel & Mathilde Guergoat-Larivière, 2010. "La mobilité de la main-d'œuvre en Europe : le rôle des caractéristiques individuelles et de l'hétérogénéité entre pays," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00616797, HAL.
    166. Fahr, René & Sunde, Uwe, 2001. "Disaggregate Matching Functions," IZA Discussion Papers 335, IZA Network @ LISER.
    167. Phil Evans, 1998. "Why has the female unemployment rate fallen so much in Britain?," Bank of England Staff Working Paper series 87, Bank of England.
    168. Bachmann, Ronald & Burda, Michael C., 2008. "Sectoral Transformation, Turbulence, and Labor Market Dynamics in Germany," IZA Discussion Papers 3324, IZA Network @ LISER.
    169. Lasse Sigbjørn Stambøl, 2005. "The function of labour market mobility to regional economic growth generally and by new service economy and labour force nationality especially," ERSA conference papers ersa05p526, European Regional Science Association.
    170. Russo, Giovanni & Gorter, Cees & Schettkat, Ronald, 1997. "Searching, ranking and hiring," Serie Research Memoranda 0017, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    171. Mercan, Yusuf & Schoefer, Benjamin & SedlÃ¡Ä ek, Petr, 2022. "A Congestion Theory of Unemployment Fluctuations," CEPR Discussion Papers 15500, Centre for Economic Policy Research.
    172. Philip, Jung & Moritz, Kuhn, 2011. "The Era of the U.S.-Europe Labor Market Divide: What can we learn?," MPRA Paper 32322, University Library of Munich, Germany.
    173. Maurizio Baussola & Chiara Mussida, 2014. "Transitions in the Labour Market: Discouragement Effect and Individual Characteristics," LABOUR, CEIS, vol. 28(2), pages 209-232, June.
    174. Contini, Bruno & Revelli, Riccardo, 1997. "Gross flows vs. net flows in the labor market: What is there to be learned?," Labour Economics, Elsevier, vol. 4(3), pages 245-263, September.
    175. Christoffel, Kai & Kuester, Keith & Linzert, Tobias, 2005. "The Impact of Labor Markets on the Transmission of Monetary Policy in an Estimated DSGE Model," IZA Discussion Papers 1902, IZA Network @ LISER.
    176. Van der Linden, Bruno, 1997. "Basic income and unemployment in a unionized economy," LIDAM Discussion Papers IRES 1997014, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES), revised 10 Jul 1997.
    177. Juan José Dolado & Ramón Gómez, 1997. "La relación entre desempleo y vacantes en España: perturbaciones agregadas y de reasignación," Investigaciones Economicas, Fundación SEPI, vol. 21(3), pages 441-472, September.
    178. René Fahr & Uwe Sunde, 2002. "On the Effects of Career Choice: Matching Efficiency of Different Occupations and Education Levels," 10th International Conference on Panel Data, Berlin, July 5-6, 2002 B1-1, International Conferences on Panel Data.
    179. Ibrahim Arisoy, 2018. "An Empirical Examination of Unemployment Invariance Hypothesis, Discouraged and Added Worker Effects in Turkey," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, vol. 8(6), pages 11-14.
    180. Simon Burgess, 2000. "Le chômage au Royaume-Uni : une perspective dynamique," Économie et Statistique, Programme National Persée, vol. 332(1), pages 117-132.
    181. Mussida, Chiara & Pastore, Francesco, 2012. "Is There a Southern-Sclerosis? Worker Reallocation and Regional Unemployment in Italy," IZA Discussion Papers 6954, IZA Network @ LISER.
    182. Merz, Monika, 1999. "Heterogeneous job-matches and the cyclical behavior of labor turnover," Journal of Monetary Economics, Elsevier, vol. 43(1), pages 91-124, February.
    183. Guertzgen, Nicole, 2007. "Job and Worker Reallocation in German Establishments: The Role of Employers? Wage Policies and Labour Market Institutions," ZEW Discussion Papers 07-084, ZEW - Leibniz Centre for European Economic Research.
    184. Sanna-Mari Ahtonen, 2004. "Matching across space: evidence from Finland," ERSA conference papers ersa04p205, European Regional Science Association.
    185. Bruce Fallick & Charles A. Fleischman, 2004. "Employer-to-employer flows in the U.S. labor market: the complete picture of gross worker flows," Finance and Economics Discussion Series 2004-34, Board of Governors of the Federal Reserve System (U.S.).
    186. Morin, Annaïg, 2017. "Cyclicality of wages and union power," Labour Economics, Elsevier, vol. 48(C), pages 1-22.

  45. Wyplosz, Charles, 1992. "After the Honeymoon: On the Economics and the Politics of Economic Transformation," CEPR Discussion Papers 734, Centre for Economic Policy Research.

    Cited by:

    1. Poganietz, Witold-Roger, 1997. "Vermindern Transferzahlungen Den Konflikt Zwischen Gewinnern Und Verlierern In Einer Sich Transformierenden Volkswirtschaft?," IAMO Discussion Papers 14902, Institute of Agricultural Development in Transition Economies (IAMO).
    2. Byung-Yeon Kim & Jukka Pirttilä, 2003. "The political economy of reforms: Empirical evidence from post- communist transition in the 1990s," Macroeconomics 0304009, University Library of Munich, Germany.
    3. Funke, Norbert, 1993. "Timing and sequencing of reforms: Competing views," Kiel Working Papers 552, Kiel Institute for the World Economy.
    4. Poganietz, Witold-Roger, 1997. "Vermindern Transferzahlungen den Konflikt zwischen Gewinnern und Verlierern in einer sich transformierenden Volkswirtschaft?," IAMO Discussion Papers 7, Leibniz Institute of Agricultural Development in Transition Economies (IAMO).
    5. Cecilia Testa, 2005. "Reforms, lobbies and welfare: A common agency approach," Public Choice, Springer, vol. 125(3), pages 305-337, December.
    6. Jan Winiecki, 2000. "Solving Foreign Trade Puzzles in Post-Communist Transition," Post-Communist Economies, Taylor & Francis Journals, vol. 12(3), pages 261-278.
    7. Miroslav Beblavý, 2011. "Why has the crisis been bad for private pensions, but good for the flat tax? The sustainability of ‘neoliberal’ reforms in the new EU member states," CEPS Papers 6313, Centre for European Policy Studies.
    8. Neher, Frank, 2011. "Markets wanted: Expectation overshooting in transition," Discussion Papers 2011/1, Free University Berlin, School of Business & Economics.
    9. Wunner, Norbert, 1996. "Trade liberalization during transition: A political economy perspective," Discussion Papers, Series II 298, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    10. Begovic, Boris & Paunovic, Marko, 2011. "Political support for enterprise restructuring and voting in Serbia," European Journal of Political Economy, Elsevier, vol. 27(1), pages 171-180, March.
    11. Stanislaw Gomulka, 1995. "The IMF-Supported Programs of Poland and Russia, 1990-1994: Principles, Errors and Results," CASE Network Studies and Analyses 0036, CASE-Center for Social and Economic Research.
    12. Kim, Byung-Yeon & Pirttila, Jukka, 2006. "Political constraints and economic reform: Empirical evidence from the post-communist transition in the 1990s," Journal of Comparative Economics, Elsevier, vol. 34(3), pages 446-466, September.
    13. Frank Neher, 2013. "Markets wanted: expectation overshooting in transition economies," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 60(2), pages 187-219, June.

  46. Wyplosz, Charles, 1991. "Post-Reform East and West: Capital Accumulation and the Labor Mobility Constraint," CEPR Discussion Papers 528, Centre for Economic Policy Research.

    Cited by:

    1. Horst Siebert, 1993. "Internationale Wanderungsbewegungen - Erklärungsansätze und Gestaltungsfragen," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 129(3), pages 229-255, September.

  47. Wyplosz, Charles, 1991. "A Note on the Real Exchange Rate Effect of German Unification," CEPR Discussion Papers 527, Centre for Economic Policy Research.

    Cited by:

    1. Siebert, Horst, 1992. "Real adjustment in the transformation process: Risk factors in East Germany," Kiel Working Papers 507, Kiel Institute for the World Economy.
    2. Siebert, Horst, 1991. "German unification: the economics of transition," Kiel Working Papers 468, Kiel Institute for the World Economy.
    3. Hefeker, Carsten, 1994. "GMU, EMU, and the Bundesbank: The political economy of recent EMS-crises," Discussion Papers, Series II 221, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    4. Hans-Werner Sinn, 1996. "International Implications of German Unification," CESifo Working Paper Series 117, CESifo.
    5. Siebert, Horst, 1992. "Five traps for German economic policy," Kiel Discussion Papers 185, Kiel Institute for the World Economy.
    6. Gagnon, Joseph E. & Masson, Paul R. & McKibbin, Warwick J., 1996. "German unification: What have we learned from multi-country models?," Economic Modelling, Elsevier, vol. 13(4), pages 467-497, October.
    7. Patrick Artus, 1992. "Réunification allemande, dynamique et contraintes. Un cadre d'analyse," Revue Économique, Programme National Persée, vol. 43(5), pages 823-850.

  48. Wyplosz, Charles & Burda, Michael, 1991. "Human Capital, Investment and Migration in an Integrated Europe," CEPR Discussion Papers 614, Centre for Economic Policy Research.

    Cited by:

    1. Roland Benabou, 1993. "Heterogeneity, Stratification, and Growth," NBER Working Papers 4311, National Bureau of Economic Research, Inc.
    2. Pozzolo, Alberto Franco, 2004. "Endogenous Growth in Open Economies - A Survey of Major Results," Economics & Statistics Discussion Papers esdp04020, University of Molise, Department of Economics.
    3. Carlo Devillanova & Walter García-Fontes, 2004. "Migration across Spanish provinces: evidence from the social security records (1978-1992)," Investigaciones Economicas, Fundación SEPI, vol. 28(3), pages 461-487, September.
    4. Alberto Franco Pozzolo, 2004. "Endogenous growth in open economies: a surveys," Temi di discussione (Economic working papers) 527, Bank of Italy, Economic Research and International Relations Area.
    5. Jääskelä, Jarkko, 1997. "Incomplete insurance market and its policy implication within European Monetary Union," Bank of Finland Research Discussion Papers 8/1997, Bank of Finland.
    6. Horst Siebert, 1993. "Internationale Wanderungsbewegungen - Erklärungsansätze und Gestaltungsfragen," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 129(3), pages 229-255, September.
    7. Roberto Cellini, 2007. "Migration and welfare: a very simple model," Journal of International Development, John Wiley & Sons, Ltd., vol. 19(7), pages 885-894.
    8. Gilles Saint-Paul, 1997. "Economic Integration, Factor Mobility, and Wage Convergence," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 4(3), pages 291-306, July.
    9. Istvan Konya, 2001. "Optimal Immigration, Assimilation and Trade," Boston College Working Papers in Economics 507, Boston College Department of Economics.
    10. Vikhrov Dmytro, 2013. "Welfare Effects of Labor Migration," CERGE-EI Working Papers wp491, The Center for Economic Research and Graduate Education - Economics Institute, Prague.
    11. Buch, Tanja & Hamann, Silke & Meier, Henning & Niebuhr, Annekatrin & Peters, Cornelius & Puckelwald, Johannes, 2011. "Analyse der Berücksichtigung eines Wanderungsindikators im Rahmen der Abgrenzung des GRW-Fördergebiets : Gutachten für die Gemeinschaftsaufgabe "Verbesserung der regionalen Wirtschaftsstruktur" im Auftrag des Hessischen Ministeriums für Wir," IAB-Forschungsbericht 201104, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany].
    12. István Kónya, 2007. "Optimal Immigration and Cultural Assimilation," Journal of Labor Economics, University of Chicago Press, vol. 25(2), pages 367-391.
    13. P. Giannoccolo, 2003. "Fiscal Competition and Brain Drain," Working Papers 462, Dipartimento Scienze Economiche, Universita' di Bologna.
    14. Michael C. Burda & Mark Weder, 2017. "The Economics of German Unification after Twenty-Five Years: Lessons for Korea," Adelaide Economics Working Papers 2017-07, Adelaide University, School of Economics.
    15. Hans‐Werner Sinn, 2000. "EU Enlargement, Migration, and Lessons from German Unification," German Economic Review, Verein für Socialpolitik, vol. 1(3), pages 299-314, August.
    16. Arntz, Melanie & Gregory, Terry & Lehmer, Florian, 2012. "Unequal Pay or Unequal Employment? What Drives the Skill-Composition of Labor Flows in Germany?," VfS Annual Conference 2012 (Goettingen): New Approaches and Challenges for the Labor Market of the 21st Century 62309, Verein für Socialpolitik / German Economic Association.
    17. Faini, Riccardo, 1996. "Increasing returns, migrations and convergence," Journal of Development Economics, Elsevier, vol. 49(1), pages 121-136, April.
    18. Sascha Sardadvar & Elena Vakulenko, 2021. "Does migration depress regional human capital accumulation in the EU’s new member states? Theoretical and empirical evidence [Führt Migration zu niedrigeren regionalen Humankapital-Niveaus in den neuen Mitgliedstaaten der EU? Theoretische und empi," Review of Regional Research: Jahrbuch für Regionalwissenschaft, Springer;Gesellschaft für Regionalforschung (GfR), vol. 41(1), pages 95-122, February.
    19. Andrés Rodríguez-Pose & Tobias Ketterer, 2011. "Do we follow the money? The drivers of migration across regions in the EU," ERSA conference papers ersa11p191, European Regional Science Association.
    20. Uwe Blien & Jens Suedekum & Katja Wolf, 2005. "Local Employment Growth in West Germany - A Dynamic Panel Approach," ERSA conference papers ersa05p620, European Regional Science Association.
    21. Pratibha Basrao, 2003. "The Impact of the Construction Sector in the Catching up Process of the Czech Republic and the Role of Labor Migration in that Context," NEURUS papers neurusp7, NEURUS - Network of European and US Regional and Urban Studies.
    22. Leiner, Nadine & Meckl, Jürgen, 1994. "Internationale Migration und Einkommensverteilung: Eine außenhandelstheoretische Analyse," Discussion Papers, Series II 217, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    23. Annekatrin Niebuhr & Nadia Granato & Anette Haas & Silke Hamann, 2012. "Does Labour Mobility Reduce Disparities between Regional Labour Markets in Germany?," Regional Studies, Taylor & Francis Journals, vol. 46(7), pages 841-858, September.
    24. Jens Suedekum, 2004. "Selective migration, union wage setting and unemployment disparities in West Germany," International Economic Journal, Taylor & Francis Journals, vol. 18(1), pages 33-48.
    25. Pedro Telhado Pereira & Maria do Carmo Seabra, 1993. "Identifying Vulnerable Industries and Regions: The Proposed European Single Market and Portuguese Manufacturing," International Regional Science Review, , vol. 16(3), pages 249-264, December.
    26. Nadia Granato & Anette Haas & Silke Hamann & Annekatrin Niebuhr, 2015. "The Impact Of Skill‐Specific Migration On Regional Unemployment Disparities In Germany," Journal of Regional Science, Wiley Blackwell, vol. 55(4), pages 513-539, September.

  49. Wyplosz, Charles & Burda, Michael, 1991. "Labour Mobility and German Integration: Some Vignettes," CEPR Discussion Papers 615, Centre for Economic Policy Research.

    Cited by:

    1. Horst Siebert, 1993. "Internationale Wanderungsbewegungen - Erklärungsansätze und Gestaltungsfragen," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 129(3), pages 229-255, September.
    2. David Begg & Richard Portes, 1993. "Eastern Germany since unification: wage subsidies remain a better way," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 1(4), pages 383-400, December.
    3. Manfred Keil & Andrew Newell, 1993. "Internal migration and unemployment in Germany: An anglo-irish perspective," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 129(3), pages 514-536, September.
    4. Büttner, Thiess, 1994. "The new Laender as an industry location in unified Germany," Discussion Papers 16, University of Konstanz, Center for International Labor Economics (CILE).

  50. Wyplosz, Charles, 1991. "Monetary Union and Fiscal Policy Discipline," CEPR Discussion Papers 488, Centre for Economic Policy Research.

    Cited by:

    1. Mr. Anthony J. Pellechio & Saqib Rizavi & Phebby Kufa, 2003. "Fiscal Sustainability and Policy Issues in the Eastern Caribbean Currency Union," IMF Working Papers 2003/162, International Monetary Fund.
    2. Ohr, Renate & Schmidt, André, 2003. "Der Stabilitäts- und Wachstumspakt im Zielkonflikt zwischen fiskalischer Flexibilität und Glaubwürdigkeit: Ein Reformansatz unter Berücksichtigung konstitutionen- und institutionenökonomischer Aspekte," University of Göttingen Working Papers in Economics 19, University of Goettingen, Department of Economics.
    3. Jürgen von Hagen & Charles Wyplosz, 2008. "EMU's Decentralized System of Fiscal Policy," European Economy - Economic Papers 2008 - 2015 306, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    4. Richard C. K. Burdekin & Clas Withborg & Thomas D. Willen, 1992. "A Monetary Constitution Case for an Independent European Central Bank," The World Economy, Wiley Blackwell, vol. 15(2), pages 231-249, March.
    5. Paul De Grauwe, 1993. "The Political Economy of Monetary Union in Europe," The World Economy, Wiley Blackwell, vol. 16(6), pages 653-661, November.
    6. Heikki Oksanen, 2016. "Smoothing Asymmetric Shocks vs. Redistribution in the Euro Area: A Simple Proposal for Dealing with Mistrust in the Euro Area," CESifo Working Paper Series 5817, CESifo.
    7. Jean-Pierre Fouda Owoundi, 2009. "La convergence des politiques économiques dans la zone franc : où en est-on 15 ans après?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 85(3), pages 319-354.
    8. Renate Ohr & André Schmidt, 2006. "Handelbare Verschuldungsrechte zur Sicherung fiskalischer Stabilität in der Währungsunion?," Departmental Discussion Papers 128, University of Goettingen, Department of Economics.
    9. Joshua Aizenman, 1994. "On The Need For Fiscal Discipline in an Union," NBER Working Papers 4656, National Bureau of Economic Research, Inc.
    10. Békés, Gábor, 1998. "Optimális valutaövezetek, gazdasági integráltság és hasonlatosság: az Európai Unió példája [Optimum currency areas, economic similarity and integration. The European case]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 709-737.
    11. Alain DeSerres & Rene Lalonde, 1995. "Symetrie des chocs touchant les regions canadiennes et choix d'un regime de change," Macroeconomics 9502001, University Library of Munich, Germany.
    12. Pierre-Alain Muet, 1995. "Union monétaire et fédéralisme," Revue de l'OFCE, Programme National Persée, vol. 55(1), pages 151-170.
    13. Heikki Oksanen, 2016. "Smoothing Asymmetric Shocks vs. Redistribution in the Euro Area: a Simple Proposal for Dealing with Mistrust," CESifo Economic Studies, CESifo Group, vol. 62(2), pages 332-375.
    14. Francesca Castellani, 2001. "Central Bank Independence and Accountability Under Complete Information," IHEID Working Papers 05-2001, Economics Section, The Graduate Institute of International Studies.
    15. Francesco Papadia & Gian Ruggiero, 1999. "Central Bank Independence and Budget Constraints for a Stable Euro," Open Economies Review, Springer, vol. 10(1), pages 63-90, February.
    16. Pavla Bednářová, 2011. "The Fiscal Position of Eurozone Countries under the influence of the global economic crisis [Fiskální pozice zemí eurozóny pod vlivem světové hospodářské krize]," Současná Evropa, Prague University of Economics and Business, vol. 2011(1), pages 17-31.
    17. Beetsma, Roel & Jensen, Henrik, 2003. "Contingent deficit sanctions and moral hazard with a stability pact," Journal of International Economics, Elsevier, vol. 61(1), pages 187-208, October.
    18. Yannis, Athena, 1996. "Fiscal Federalism and EMU," MPRA Paper 90306, University Library of Munich, Germany.
    19. Obstfeld, Maurice & Peri, Giovanni, 1998. "Regional Nonadjustment and Fiscal Policy: Lessons for EMU," Center for International and Development Economics Research (CIDER) Working Papers 233615, University of California-Berkeley, Department of Economics.

  51. Cohen Daniel & Wyplosz Ch., 1990. "Price and trade effects of exchange rates fluctuations and the design of policy coordination," CEPREMAP Working Papers (Couverture Orange) 9010, CEPREMAP.

    Cited by:

    1. Cohen, Daniel & Loisel, Olivier, 2001. "Why was the euro weak? Markets and policies," European Economic Review, Elsevier, vol. 45(4-6), pages 988-994, May.
    2. Cohen, Daniel, 1997. "How will the euro behave ?," CEPREMAP Working Papers (Couverture Orange) 9704, CEPREMAP.
    3. Charles Wyplosz & Jean Pisani- Ferry, 1990. "Les implications budgétaires de l'union monétaire," Revue de l'OFCE, Programme National Persée, vol. 33(1), pages 155-173.

  52. Wyplosz, Charles & Burda, Michael, 1990. "Gross Labour Market Flows in Europe: Some Stylized Facts," CEPR Discussion Papers 439, Centre for Economic Policy Research.

    Cited by:

    1. Jeff Borland, 1996. "Labour Market Flows Data for Australia," Australian Economic Review, The University of Melbourne, Melbourne Institute of Applied Economic and Social Research, vol. 29(2), pages 225-235, April.
    2. Juha Kilponen, 2005. "On the Efficiency of Job and Income Protection in the Dynamic Labour Markets," Labor and Demography 0509008, University Library of Munich, Germany.
    3. Jørgen Elmeskov, 1993. "High and Persistent Unemployment: Assessment of the Problem and Its Causes," OECD Economics Department Working Papers 132, OECD Publishing.

  53. André Sapir & Daniel Begg & Alasdair Smith & Charles Wyplosz & Carl Hamilton & L. Alan Winters & Francesco Giavazzi & Victor Norman & Jean-Pierre Danthine & Damien Neven, 1990. "Monitoring European integration: the impact of Eastern Europe :a CEPR annual report," ULB Institutional Repository 2013/8224, ULB -- Universite Libre de Bruxelles.

    Cited by:

    1. George A. Akerlof & Andrew K. Rose & Janet L. Yellen & Helga Hessenius, 1991. "East Germany in from the Cold: The Economic Aftermath of Currency Union," Brookings Papers on Economic Activity, Economic Studies Program, The Brookings Institution, vol. 22(1), pages 1-106.
    2. David Cobham, 1996. "Causes and Effects of the European Monetary Crises of 1992–93," Journal of Common Market Studies, Wiley Blackwell, vol. 34(4), pages 585-604, December.
    3. Charles Wyplosz, 1991. "On the real exchange rate effect of German unification," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(1), pages 1-17, March.
    4. Jarko Fidrmuc & Daniela Grozea-Helmenstein & Andreas Wörgötter, 1999. "East-west intra-industry trade dynamics," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 135(2), pages 332-346, June.
    5. Duo Qin & Haiyan Song, 2007. "Sources of Investment Inefficiency: The Case of Fixed-Asset Investment in China," Working Papers 584, Queen Mary University of London, School of Economics and Finance.
    6. Andrea Zaghini, 2005. "Evolution of trade patterns in the new EU member states," Temi di discussione (Economic working papers) 568, Bank of Italy, Economic Research and International Relations Area.
    7. Eichengreen, Barry, 2001. "The EMS Crisis in Retrospect," CEPR Discussion Papers 2704, Centre for Economic Policy Research.
    8. Zaghini, Andrea, 2003. "Trade advantages and specialisation dynamics in acceding countries," Working Paper Series 249, European Central Bank.
    9. Lars Calmfors & Giancarlo Corsetti & John Flemming & Seppo Honkapohja & John Kay & Willi Leibfritz & Gilles Saint-Paul & Hans-Werner Sinn & Xavier Vives, 2003. "Financial Architecture," EEAG Report on the European Economy, CESifo, vol. 0, pages 98-117, May.

  54. Wyplosz, Charles & Cohen, Daniel, 1989. "The European Monetary Union: An Agnostic Evaluation," CEPR Discussion Papers 306, Centre for Economic Policy Research.

    Cited by:

    1. Oscar Bajo-Rubio & Carmen Díaz-Roldán, 2007. "Vulnerability to Shocks in EMU: 1991–2004 (in English)," Czech Journal of Economics and Finance (Finance a uver), Charles University Prague, Faculty of Social Sciences, vol. 57(5-6), pages 225-234, August.
    2. Eichengreen, Barry, 1993. "International Monetary Arrangements for the 21st Century," Center for International and Development Economics Research (CIDER) Working Papers 233202, University of California-Berkeley, Department of Economics.
    3. Heinemann, Friedrich, 1994. "Central Europe and European monetary integration: a strategy for catching up," ZEW Discussion Papers 94-21, ZEW - Leibniz Centre for European Economic Research.
    4. Pierre-Guillaume Méon & Laurent Weill, 2003. "Can Mergers in Europe Help Banks Hedge Against Macroeconomic Risk," Working Papers of LaRGE Research Center 2003-05, Laboratoire de Recherche en Gestion et Economie (LaRGE), Université de Strasbourg.
    5. Bajo-Rubio, Oscar & Montavez-Garces, M. Dolores, 2002. "Was there Monetary Autonomy in Europe on the eve of EMU? The German Dominance Hypothesis Re-Examined," Journal of Applied Economics, Universidad del CEMA, vol. 5(2), pages 1-26, November.
    6. Oscar Bajo-Rubio & Carmen Díaz-Roldán, 2005. "Characterizing macroeconomic shocks in the CEECs," Economic Change and Restructuring, Springer, vol. 38(3), pages 227-234, December.
    7. Andrea Bonilla Bolaños, 2016. "A step further in the theory of regional integration: A look at the Unasur's integration strategy," Working Papers halshs-01315692, HAL.
    8. Zouri, Stéphane, 2019. "Business cycles,bilateral trade and international financial intergration : Evidence from Economic Community of West African States (ECOWAS)," MPRA Paper 98748, University Library of Munich, Germany.
    9. Balogun, Emmanuel Dele, 2007. "Monetary policy and economic performance of West African Monetary Zone Countries," MPRA Paper 4308, University Library of Munich, Germany.
    10. Roel Beetsma & Xavier Debrun & Frank Klaassen, 2001. "Is Fiscal Policy Coordination in EMU Desirable?," CESifo Working Paper Series 599, CESifo.
    11. Alessandra Casella, 1990. "Participation in a Currency Union," NBER Working Papers 3220, National Bureau of Economic Research, Inc.
    12. Patrick Artus, 1992. "Passage à l'union économique et monétaire en Europe : effets sur la croissance et les politiques budgétaires," Économie et Prévision, Programme National Persée, vol. 106(5), pages 123-137.
    13. Michele Fratianni & Juergen Hagen, 1990. "German dominance in the EMS," Open Economies Review, Springer, vol. 1(1), pages 67-87, February.
    14. Agnès Bénassy-Quéré & Benoît Mojon & Jean Pisani-Ferry, 1997. "The Euro and Exchange Rate Stability," Working Papers 1997-12, CEPII research center.
    15. Jacques Mélitz, 1996. "The theory of optimum currency areas, trade adjustment, and trade," Open Economies Review, Springer, vol. 7(2), pages 99-116, April.
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    17. Jääskelä, Jarkko, 1997. "Incomplete insurance market and its policy implication within European Monetary Union," Bank of Finland Research Discussion Papers 8/1997, Bank of Finland.
    18. Andrea Bonilla‐Bolaños, 2021. "A step further in the theory of regional integration: A look at the South American integration strategy," Journal of International Development, John Wiley & Sons, Ltd., vol. 33(5), pages 845-873, July.
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    22. Rita De Siano & Marcella D'Uva & Giovanna Messina, 1999. "Aree Monetarie Ottimali: Literature Review," Working Papers 2_1999, D.E.S. (Department of Economic Studies), University of Naples "Parthenope", Italy.
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    34. Zouri, Stéphane, 2021. "New evidence on international risk-sharing in the Economic Community of West African States (ECOWAS)," International Economics, Elsevier, vol. 165(C), pages 121-139.
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    44. Geralynn Batista, . "Asymmetries in the Euro Area Economies: Obstacle for European Central Bank Efficiency?," Fordham Economics Dissertations, Fordham University, Department of Economics, number 2004.2.
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    48. Mikek, Peter, 2009. "Does trade integration contribute to synchronization of shocks in Europe?," MPRA Paper 101413, University Library of Munich, Germany.
    49. Zouri, Stéphane, 2020. "Business cycles, bilateral trade and financial integration: Evidence from Economic Community of West African States (ECOWAS)," International Economics, Elsevier, vol. 163(C), pages 25-43.
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    92. Mª del Carmen Díaz Roldán, 1998. "La coordinacion internacional de la politica monetaria en presencia de perturbaciones simetricas: ¿Resulta beneficioso cooperar?," Documentos de Trabajo - Lan Gaiak Departamento de Economía - Universidad Pública de Navarra 9808, Departamento de Economía - Universidad Pública de Navarra.
    93. Anne Bauer & Sanvi Avouyi-Dovi & Catherine Augory, 1993. "Les effets de la réunification sur les taux d'intérêt allemands," Revue Économique, Programme National Persée, vol. 44(5), pages 1001-1026.
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  55. DREZE, Jacques & WYPLOSZ, Charles, 1988. "Une stratégie de croissance ambidextre pour l'Europe: l'autonomie par la coopération," LIDAM Reprints CORE 860, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).

    Cited by:

    1. Catherine Mathieu & Henri Sterdyniak, 1989. "Vers une monnaie commune en Europe ?," Sciences Po Economics Publications (main) hal-03471435, HAL.

  56. DREZE, Jacques H. & WYPLOSZ, Charles & BEAN, Charles & GIAVAZZI, Francesco, 1988. "The two-handed growth strategy for Europe: Autonomy through flexible cooperation," LIDAM Reprints CORE 800, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).

    Cited by:

    1. Bruno Chiarini, 1996. "Disinflation in the Italian economy in an optimal control setting," Open Economies Review, Springer, vol. 7(4), pages 391-422, October.
    2. Scheide, Joachim & Sinn, Stefan, 1987. "Internationale Koordination der Wirtschaftspolitik: Pro und Contra," Kiel Discussion Papers 135, Kiel Institute for the World Economy.

  57. Jacques DRÈZE & Charles WYPLOSZ & Charles BEAN & Francesco GIAVAZZI & Herbert GIERSCH, 1988. "The two-handed groth strategy for Europe: Anatomy through flexible cooperation," Discussion Papers (REL - Recherches Economiques de Louvain) 1988011, Université catholique de Louvain, Institut de Recherches Economiques et Sociales (IRES).

    Cited by:

    1. Bruno Chiarini, 1996. "Disinflation in the Italian economy in an optimal control setting," Open Economies Review, Springer, vol. 7(4), pages 391-422, October.
    2. Scheide, Joachim & Sinn, Stefan, 1987. "Internationale Koordination der Wirtschaftspolitik: Pro und Contra," Kiel Discussion Papers 135, Kiel Institute for the World Economy.
    3. DREZE, Jacques & DURRE, Alain, 2013. "Fiscal integration and growth stimulation in Europe," LIDAM Discussion Papers CORE 2013013, Université catholique de Louvain, Center for Operations Research and Econometrics (CORE).
    4. Michele Fratianni, 1988. "The European Monetary System: How Well Has It Worked?," Cato Journal, Cato Journal, Cato Institute, vol. 8(2), pages 477-506, Fall.

  58. Wyplosz, Charles & Eichengreen, Barry, 1986. "The Economic Consequences of the Franc Poincare," CEPR Discussion Papers 136, Centre for Economic Policy Research.

    Cited by:

    1. Muriel Dal-Pont Legrand & Dominique Torre, 2014. "Pierre Quesnay (1895-1937) from the League of Nations to the Franc Poincaré: Financial Discipline and Monetary Pragmatism," GREDEG Working Papers 2014-43, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.
    2. Barry Eichengreen & Richard Portes, 1987. "The Anatomy of Financial Crises," NBER Working Papers 2126, National Bureau of Economic Research, Inc.
    3. Bridji, Slim, 2013. "The French Great Depression: A business cycle accounting analysis," Explorations in Economic History, Elsevier, vol. 50(3), pages 427-445.
    4. Pierre Villa, 1996. "France in the Early Depression of the Thirties," Working Papers 1996-06, CEPII research center.
    5. Harold James, 1992. "Financial flows across frontiers during the interwar depression," Economic History Review, Economic History Society, vol. 45(3), pages 594-613, August.

  59. Jeffrey Sachs & Charles Wyplosz, 1984. "Real Exchange Rate Effects of Fiscal Policy," NBER Working Papers 1255, National Bureau of Economic Research, Inc.

    Cited by:

    1. Rudiger Dornbusch & Stanley Fischer, 1986. "The Open Economy: Implications for Monetary and Fiscal Policy," NBER Chapters, in: The American Business Cycle: Continuity and Change, pages 459-516, National Bureau of Economic Research, Inc.
    2. Moritz Cruz & Armando Sánchez‐Vargas, 2022. "Government spending and the exchange rate: Exploring this relationship in Mexico using a cointegrated system of equations," Review of Development Economics, Wiley Blackwell, vol. 26(1), pages 587-605, February.
    3. Michael M. Hutchison & Charles Pigott, 1984. "Budget deficits, exchange rates and the current account: theory and U. S. evidence," Economic Review, Federal Reserve Bank of San Francisco, issue Fall, pages 5-25.
    4. Ali Trabelsi Karoui & Aida Kammoun, 2021. "Exchange Rate Determination: Mixed Microstructural and Macroeconomic Approach," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, vol. 11(3), pages 89-106.
    5. Martínez-Zarzoso, Inmaculada & Johannsen, Florian, 2017. "Monetary uncertainty and trade in Eastern Europe and Central Asia: A firm-level analysis," International Business Review, Elsevier, vol. 26(3), pages 476-490.
    6. Alexius, Annika, 2000. "Supply Shocks and Real Exchange Rates," Working Paper Series 117, Sveriges Riksbank (Central Bank of Sweden).
    7. Barry Eichengreen & Charles Wyplosz, 1986. "The Economic Consequences of the Franc Poincare," NBER Working Papers 2064, National Bureau of Economic Research, Inc.
    8. Antoine Bouveret & Bruno Ducoudre, 2007. "On the Contingency of Equilibrium Exchange Rates with Time - Consistent Economic Policies," Sciences Po Economics Publications (main) hal-01066080, HAL.
    9. Ms. Marialuz Moreno Badia & Mr. Alex Segura-Ubiergo, 2014. "Real Exchange Rate Appreciation in Emerging Markets: Can Fiscal Policy Help?," IMF Working Papers 2014/001, International Monetary Fund.
    10. Stephen J. Turnovsky, 1985. "Short-Term and Long-Term Interest Rates in a Monetary Model of a Small Open Economy," NBER Working Papers 1716, National Bureau of Economic Research, Inc.
    11. Reinhart, Carmen, 1988. "Commodity markets and the international transmission of fiscal shocks," MPRA Paper 13411, University Library of Munich, Germany.
    12. Malcolm Knight & Paul Masson, 1988. "Fiscal Policies, Net Saving, and Real Exchange Rates: The United States, the Federal Republic of Germany, and Japan," NBER Chapters, in: International Aspects of Fiscal Policies, pages 21-72, National Bureau of Economic Research, Inc.
    13. Mr. Juan P Trevino, 2011. "Oil-Price Boom and Real Exchange Rate Appreciation: Is there Dutch Disease in the Cemac?," IMF Working Papers 2011/268, International Monetary Fund.
    14. Barry Eichengreen, 1987. "Trade Deficits in the Long Run," NBER Working Papers 2437, National Bureau of Economic Research, Inc.
    15. Richard Cantor & Robert Driskill, 1996. "Can a fiscal contraction strengthen a currency?: Some doubts about conventional Mundell-Fleming results," Research Paper 9629, Federal Reserve Bank of New York.
    16. Jeffrey Sachs & Warwick J. McKibbin, 1985. "Macroeconomic Policies in the OECD and LDC External Adjustmemt," NBER Working Papers 1534, National Bureau of Economic Research, Inc.
    17. Kangni KPODAR & Oumar DIALLO & Boileau LOKO, 2008. "Buoyant Capital Spending and Worries over Real Appreciation: Cold Facts from Algeria," Working Papers 200804, CERDI.
    18. Luis N. Lanteri, 2015. "Efectos de la enfermedad holandesa ('Dutch disease'). Alguna evidencia para Argentina," Revista de Economía del Rosario, Universidad del Rosario, vol. 18(2), pages 187-209.
    19. Bernd Hayo & Matthias Uhl, 2012. "Regional Effects of Federal Tax Shocks," MAGKS Papers on Economics 201217, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    20. Jianwei Xu & Panpan Yang & Guangrong Ma, 2021. "Why Has China's Current Account Balance Converged after the Global Financial Crisis?," China & World Economy, Institute of World Economics and Politics, Chinese Academy of Social Sciences, vol. 29(1), pages 109-129, January.
    21. Barry Eichengreen, 1989. "International Monetary Instability Between the Wars: Structural Flaws or Misguided Policies?," NBER Working Papers 3124, National Bureau of Economic Research, Inc.
    22. Tarlok Singh, 2007. "Intertemporal Optimizing Models Of Trade And Current Account Balance: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 21(1), pages 25-64, February.

  60. Francesco Giavazzi & Wyplosz, "undated". "The Real Exchange Rate, the Current Account and the Speed of Adjustment," Rodney L. White Center for Financial Research Working Papers 13-82, Wharton School Rodney L. White Center for Financial Research.

    Cited by:

    1. Schmidt-Hebbel, Klaus & Serven, Luis, 1994. "Fiscal policy in classical and Keynesian open economies," Policy Research Working Paper Series 1299, The World Bank.
    2. Philip L. Brock, 2009. "Collateral Constraints and Macroeconomic Adjustment in an Open Economy," Working Papers UWEC-2009-03, University of Washington, Department of Economics.
    3. Steve Ambler & Ali Dib & Nooman Rebei, 2003. "Nominal Rigidities and Exchange Rate Pass-Through in a Structural Model of a Small Open Economy," Staff Working Papers 03-29, Bank of Canada.
    4. Partha Sen & Stephen J. Turnovsky, 1990. "Investment Tax Credit in an Open Economy," NBER Working Papers 3298, National Bureau of Economic Research, Inc.
    5. Francisco A. Gallego & Klaus Schmidt-Hebbel & Luis Servén, 2004. "General Equilibrium Dynamics of External Shocks and Policy Changes in Chile," Working Papers Central Bank of Chile 271, Central Bank of Chile.
    6. Steve Ambler & Ali Dib & Nooman Rebei, 2004. "Optimal Taylor Rules in an Estimated Model of a Small Open Economy," Staff Working Papers 04-36, Bank of Canada.
    7. Dai, Meixing, 1992. "Technological dependence and budgetary policy in an uncertain horizon model of small open economy," MPRA Paper 14003, University Library of Munich, Germany.
    8. GALLEGO Francisco & SCHMIDT-HEBBEL Klaus & SERVÉN Luis, 2010. "General Equilibrium Dynamics of Foreign Shocks and Policy Changes in Chile," EcoMod2003 330700060, EcoMod.
    9. Schmidt-Hebbel, Klaus & Serven, Luis, 1992. "Dynamic response to foreign transfers and terms-of-trade shocks in open economies," Policy Research Working Paper Series 1061, The World Bank.
    10. Alejandro Cunat & Marco Maffezzoli, 2004. "Hecksher-Ohlin Business Cycles," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(3), pages 555-585, July.
    11. Olivier, CARDI, 2005. "The Zero-Root Property : Permanent vs Temporary Terms of Trade Shocks," Discussion Papers (ECON - Département des Sciences Economiques) 2005030, Université catholique de Louvain, Département des Sciences Economiques.
    12. Eva Ortega & Nooman Rebei, 2006. "The Welfare Implications of Inflation versus Price-Level Targeting in a Two-Sector, Small Open Economy," Staff Working Papers 06-12, Bank of Canada.
    13. Mr. Nizar Jouini & Mr. Nooman Rebei, 2013. "The Welfare Implications of Services Liberalization in a Developing Country: Evidence from Tunisia," IMF Working Papers 2013/110, International Monetary Fund.
    14. Olivier, CARDI, 2005. "Another View of the J-Curve," Discussion Papers (ECON - Département des Sciences Economiques) 2005029, Université catholique de Louvain, Département des Sciences Economiques.
    15. Mercado, P. Ruben & Cicowiez, Martin, 2013. "Growth analysis in developing countries: empirical issues and a small dynamic model," MPRA Paper 58017, University Library of Munich, Germany.
    16. Alberto Petrucci, 2004. "Asset Accumulation, Fertility Choice and Nondegenerate Dynamics in a Small Open Economy," Working Papers 2004.121, Fondazione Eni Enrico Mattei.
    17. Thomas M. Steger, 2003. "Economic Growth and Sectoral Change under Resource Reallocation Costs," CER-ETH Economics working paper series 03/30, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    18. Jouini, Nizar & Rebei, Nooman, 2014. "The welfare implications of services liberalization in a developing country," Journal of Development Economics, Elsevier, vol. 106(C), pages 1-14.

Articles

  1. Charles Wyplosz, 2021. "The ECB's new definition of price stability: better but short of specifics," Politica economica, Società editrice il Mulino, issue 3, pages 357-372.

    Cited by:

    1. Herzog, Bodo, 2023. "How credible is average and symmetric inflation targeting in an episode of high inflation?," Economic Analysis and Policy, Elsevier, vol. 80(C), pages 1750-1761.
    2. Herzog, Bodo, 2026. "Inflation heterogeneity and diffusion dynamics in the euro area: A new normal?," Structural Change and Economic Dynamics, Elsevier, vol. 79(C), pages 578-594.
    3. Della Posta, Pompeo & Tamborini, Roberto, 2023. "Does an inflation target zone help or hinder price stability?," Economic Modelling, Elsevier, vol. 129(C).

  2. Charles Wyplosz, 2019. "Fiscal Discipline in the Eurozone: Don’t Fix It, Change It," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 17(02), pages 03-06, August.

    Cited by:

    1. Xiaoshan Chen & Spyridon Lazarakis & Petros Varthalitis, 2023. "Debt targets and fiscal consolidation in a two country HANK model: the case of Euro Area," Department of Economics Working Papers 2023_02, Durham University, Department of Economics.

  3. Charles Wyplosz, 2019. "Limits to the independence of the ECB," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(1), pages 35-41, February.

    Cited by:

    1. Heinemann, Friedrich & Kemper, Jan, 2022. "Inflation of objectives instead of focus on inflation? Evidence on the ECB objective function from a textual analysis," ZEW Expert Briefs 22-07, ZEW - Leibniz Centre for European Economic Research.
    2. Heinemann Friedrich & Kemper Jan, 2021. "The ECB Under the Threat of Fiscal Dominance – The Individual Central Banker Dimension," The Economists' Voice, De Gruyter, vol. 18(1), pages 5-30, December.
    3. Ehrmann, Michael & Holton, Sarah & Kedan, Danielle & Phelan, Gillian, 2022. "Monetary Policy Communication: Perspectives from Former Policy Makers at the ECB," Research Technical Papers 1/RT/22, Central Bank of Ireland.
    4. Laura Alfaro & Paul R. Bergin, 2019. "Introduction to: the euro at twenty," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(1), pages 1-3, February.

  4. Charles Wyplosz, 2019. "Divergence? What Divergence?," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 54(1), pages 39-41, January.

    Cited by:

    1. Kadigi, Reuben M.J. & Robinson, Elizabeth & Szabo, Sylvia & Kangile, Joseph & Mgeni, Charles P. & De Maria, Marcello & Tsusaka, Takuji & Nhau, Brighton, 2022. "Revisiting the Solow-Swan model of income convergence in the context of coffee producing and re-exporting countries in the world," LSE Research Online Documents on Economics 115636, London School of Economics and Political Science, LSE Library.

  5. Ugo Panizza & Charles Wyplosz, 2018. "The Folk Theorem of Decreasing Effectiveness of Monetary Policy: What Do the Data Say?," Russian Journal of Money and Finance, Bank of Russia, vol. 77(1), pages 71-107, March.

    Cited by:

    1. Stéphane Lhuissier & Benoit Mojon & Juan Rubio-Ramírez, 2020. "Does the liquidity trap exist?," BIS Working Papers 855, Bank for International Settlements.
    2. Di Casola, Paola & Stockhammar, Pär, 2021. "When domestic and foreign QE overlap: evidence from Sweden," Working Paper Series 404, Sveriges Riksbank (Central Bank of Sweden).

  6. Barry Eichengreen & Charles Wyplosz, 2016. "Minimal Conditions for the Survival of the Euro," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 51(1), pages 24-28, January.

    Cited by:

    1. Alfredo Arahuetes García & Gonzalo Gómez Bengoechea, 2018. "The Macroeconomic Imbalance Procedure: A useful tool for predicting sovereign crises?," Estudios de Economia, University of Chile, Department of Economics, vol. 45(1 Year 20), pages 79-111, June.
    2. Atanas Pekanov, 2018. "The New View on Fiscal Policy and its Implications for the European Monetary Union," WIFO Working Papers 562, WIFO.
    3. Vítor Constâncio, 2020. "The return of fiscal policy and the euro area fiscal rule," Working Papers REM 2020/0127, ISEG - Lisbon School of Economics and Management, REM, Universidade de Lisboa.
    4. Peter Spahn, 2016. "Central Bank Design in a Non-optimal Currency Union A Lender of Last Resort for Government Debt?," ROME Working Papers 201610, ROME Network.
    5. Milan Deskar-Škrbić & Davor Kunovac, 2020. "Twentieth Anniversary of the Euro: Why are Some Countries Still Not Willing to Join? Economists’ View," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 62(2), pages 242-262, June.
    6. Maria Demertzis & Guntram Wolff, 2020. "What are the prerequisites for a euro area fiscal capacity?," ULB Institutional Repository 2013/386946, ULB -- Universite Libre de Bruxelles.
    7. Fernando López‐Castellano & Fernando García‐Quero, 2019. "The Euro System as a Laboratory for Neoliberalism: The Case of Spain," American Journal of Economics and Sociology, Wiley Blackwell, vol. 78(1), pages 167-193, January.
    8. John Ryan & John Loughlin, 2018. "Lessons from historical monetary unions - is the European monetary union making the same mistakes?," International Economics and Economic Policy, Springer, vol. 15(4), pages 709-725, October.
    9. Thirion, Gilles, 2017. "European Fiscal Union: Economic rationale and design challenges," CEPS Papers 12160, Centre for European Policy Studies.
    10. Harald Sander, 2019. "A European Policy Agenda in and for the New Global Economy," Book, University of Warsaw, Faculty of Management, edition 1, volume 1, number y:2019:v:1:ch:3:p:56-87 edited by Justin Yifu Lin & Alojzy Z. Nowak.
    11. Graham Bird & Wenti Du & Eric Pentecost & Thomas Willett, 2017. "Was it different the second time? An empirical analysis of contagion during the crises in Greece 2009–15," The World Economy, Wiley Blackwell, vol. 40(12), pages 2530-2542, December.
    12. Schilirò, Daniele, 2017. "Imbalances and policies in the Eurozone," MPRA Paper 82847, University Library of Munich, Germany.
    13. Francesco Spadafora, 2019. "European integration in the time of mistrust," Questioni di Economia e Finanza (Occasional Papers) 512, Bank of Italy, Economic Research and International Relations Area.
    14. Schiliro, Daniele, 2017. "Governance and institutions for stability and growth in the Eurozone," MPRA Paper 95428, University Library of Munich, Germany.
    15. Simona Hašková & Marek Vochozka, 2018. "Duality in Cyclical Trends in European Union Confirmed," SAGE Open, , vol. 8(1), pages 21582440177, January.
    16. Barry Eichengreen, 2019. "The euro after Meseberg," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 155(1), pages 15-22, February.
    17. Bongardt, Annette & Torres, Francisco, 2016. "EMU reform and resilience in a re-dimensioned EU," LSE Research Online Documents on Economics 69001, London School of Economics and Political Science, LSE Library.

  7. Charles Wyplosz, 2016. "The six flaws of the Eurozone," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 31(87), pages 559-606.

    Cited by:

    1. Koetter, Michael & Krause, Thomas & Tonzer, Lena, 2019. "Delay determinants of European Banking Union implementation," European Journal of Political Economy, Elsevier, vol. 58(C), pages 1-20.
    2. Paolo Pasimeni & Stéphanie Riso, 2019. "Redistribution and stabilisation through the EU budget," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 36(1), pages 111-138, April.
    3. Campos, Nauro F. & Jarko, Fidrmuc & Iikka, Korhonen, 2017. "Business cycle synchronisation in a currency union: Taking stock of the evidence," Bank of Finland Research Discussion Papers 28/2017, Bank of Finland.
    4. Francesco Spadafora, 2020. "Completing the Economic and Monetary Union: Wisdom Come Late?," Italian Economic Journal: A Continuation of Rivista Italiana degli Economisti and Giornale degli Economisti, Springer;Società Italiana degli Economisti (Italian Economic Association), vol. 6(3), pages 379-409, November.
    5. Francesco Spadafora, 2019. "European integration in the time of mistrust," Questioni di Economia e Finanza (Occasional Papers) 512, Bank of Italy, Economic Research and International Relations Area.
    6. Alessandra Cepparulo & Paolo Pasimeni, 2024. "Defence Spending in the European Union," European Economy - Discussion Papers 199, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    7. Jan Philipp Fritsche & Patrick Christian Harms, 2020. "Better off without the Euro? A Structural VAR Assessment of European Monetary Policy," Discussion Papers of DIW Berlin 1907, DIW Berlin, German Institute for Economic Research.
    8. Zhorayev, Olzhas, 2020. "The Eurozone Debt Crisis: Causes and Policy Recommendations," MPRA Paper 106331, University Library of Munich, Germany.
    9. Hartmann, Philipp & Smets, Frank, 2018. "The first twenty years of the European Central Bank: monetary policy," Working Paper Series 2219, European Central Bank.
    10. Alogoskoufis, George & Gravas, Konstantinos & Jacque, Laurent, 2023. "Asymmetries in post-war monetary arrangements in Europe: From Bretton Woods to the Euro Area," The Journal of Economic Asymmetries, Elsevier, vol. 28(C).
    11. Czerniak, Adam & Borowski, Jakub & Boratyński, Jakub & Rosati, Dariusz, 2020. "Asset price bubbles in a monetary union: Mind the convergence gap," International Review of Economics & Finance, Elsevier, vol. 67(C), pages 288-302.

  8. Charles Wyplosz, 2014. "La crise de la zone euro et les deux BCE," Revue d'économie financière, Association d'économie financière, vol. 0(1), pages 61-76.

    Cited by:

    1. Serranito, Francisco, 2015. "Dévaluation interne, politiques structurelles et réductions des déficits publics : les réponses apportées par la « troïka » sont-elles un remède aux déséquilibres externes des pays périphériques de la zone eur," Revue de la Régulation - Capitalisme, institutions, pouvoirs, Association Recherche et Régulation, vol. 18.

  9. Charles WYPLOSZ, 2014. "The Eurozone crisis: A near-perfect case of mismanagement," Economia Marche / Journal of Applied Economics, Universita' Politecnica delle Marche (I) / Fondazione Aristide Merloni (I), vol. 0(1), pages 1-13, November.

    Cited by:

    1. Athanasios Orphanides, 2020. "The fiscal–monetary policy mix in the euro area: challenges at the zero lower bound," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 35(103), pages 461-517.
    2. Orphanides, Athanasios, 2016. "Fiscal implications of central bank balance sheet policies," IMFS Working Paper Series 105, Goethe University Frankfurt, Institute for Monetary and Financial Stability (IMFS).
    3. Chortareas, Georgios & Mavrodimitrakis, Christos, 2016. "Can monetary policy fully stabilize pure demand shocks in a monetary union with a fiscal leader?," Economic Modelling, Elsevier, vol. 54(C), pages 463-468.
    4. Gabrisch, Hubert, 2018. "A fire department for the Euro area: reflections on a fiscal risk-sharing capacity," MPRA Paper 83965, University Library of Munich, Germany.
    5. Chortareas, Georgios & Mavrodimitrakis, Christos, 2017. "Strategic fiscal policies and leadership in a monetary union," European Journal of Political Economy, Elsevier, vol. 47(C), pages 133-147.

  10. Charles Wyplosz, 2013. "The Eurozone Crisis and the Competitiveness Legend," Asian Economic Papers, MIT Press, vol. 12(3), pages 63-81, Fall.

    Cited by:

    1. Emmanuelle Faure & Carl Grekou & Valérie Mignon, 2022. "Current Account Balances’ Divergence in the Euro Area: an Appraisal of the Underlying Forces," Working Papers 2022-12, CEPII research center.
    2. Sascha Keil & Walter Paternesi Meloni, 2024. "Kaldorian cumulative causation in the Euro area: an empirical assessment of divergent export competitiveness," FMM Working Paper 103-2024, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
    3. Visvizi, Anna & Wosiek, Roman & Malik, Radosław, 2025. "The smart city competitiveness index (SMCI): Conceptualization, modelling, application – An evidence-based insight," Land Use Policy, Elsevier, vol. 148(C).
    4. Alice Sindzingre, 2016. "'Policy Externalisation' Inherent Failure: International Financial Institutions' Conditionality in Developing Countries," CEsA Working Papers 142, CEsA - Centre for African and Development Studies.
    5. Valérie Mignon & Carl Grekou & Emmanuelle Faure, 2023. "Current account balances’ divergence in the euro area: an appraisal of the underlying forces," EconomiX Working Papers 2023-3, University of Paris Nanterre, EconomiX.
    6. Florian Morvillier, 2018. "On the impact of the launch of the euro on EMU macroeconomic vulnerability," EconomiX Working Papers 2018-51, University of Paris Nanterre, EconomiX.
    7. Juan Carlos Cuestas & Karsten Staehr & Javier Ordóñez, 2018. "Unit Labour Costs and the Dynamics of Output and Unemployment in the Southern European Crisis Countries," TUT Economic Research Series 41, Department of Finance and Economics, Tallinn University of Technology.
    8. Mirdala, Rajmund & Ruščáková, Anna, 2015. "On Origins and Implications of the Sovereign Debt Crisis in the Euro Area," MPRA Paper 68859, University Library of Munich, Germany.
    9. Eder, Andreas & Koller, Wolfgang & Mahlberg, Bernhard, 2019. "Price Competitiveness in the European Monetary Union: A Decomposition of Inflation Differentials based on the Leontief Input-Output Price Model for the Period 2000 to 2014," MPRA Paper 95158, University Library of Munich, Germany.
    10. Enno Schröder, 2016. "Euro Area Imbalances: Measuring the Contribution of Expenditure Growth and Expenditure Switching," Working Papers 1604, New School for Social Research, Department of Economics.
    11. Unger, Robert, 2015. "Asymmetric credit growth and current account imbalances in the euro area," Discussion Papers 36/2015, Deutsche Bundesbank.
    12. Collignon, Stefan & Esposito, Piero, 2021. "Macroeconomic imbalances in Europe: How to overcome the fallacy of unit labour costs," Journal of Policy Modeling, Elsevier, vol. 43(3), pages 673-691.
    13. Baas, Timo & Belke, Ansgar, 2017. "Oil price shocks, monetary policy and current account imbalances within a currency union," Ruhr Economic Papers 740, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.
    14. Michael Hachula & Michele Piffer & Malte Rieth, 2016. "Unconventional Monetary Policy, Fiscal Side Effects and Euro Area (Im)balances," Discussion Papers of DIW Berlin 1596, DIW Berlin, German Institute for Economic Research.
    15. Florian Morvillier, 2018. "On the impact of the launch of the euro on EMU macroeconomic vulnerability," Working Papers hal-04141675, HAL.
    16. David Bokhorst, 2022. "The Influence of the European Semester: Case Study Analysis and Lessons for its Post‐Pandemic Transformation," Journal of Common Market Studies, Wiley Blackwell, vol. 60(1), pages 101-117, January.

  11. Charles Wyplosz, 2011. "Debt Sustainability Assessment: Mission Impossible," Review of Economics and Institutions, Università di Perugia, vol. 2(3).

    Cited by:

    1. Frederick Nsambu Kijjambu & Benjamin Musiita & Asaph Kaburura Katarangi & Geoffrey Kahangane & Sheilla Akampwera, 2023. "Determinants of Uganda’s Debt Sustainability: The Public Debt Dynamics Model in Perspective," Journal of Economics and Behavioral Studies, AMH International, vol. 15(4), pages 106-124.
    2. Oļegs Tkačevs & Karsten Staehr, 2026. "The effects of macroeconomic and budget balance shocks on public debt trajectories in the euro area," International Economics and Economic Policy, Springer, vol. 23(2), pages 1-30, May.
    3. Corsetti, G. & Erce, A. & Uy, T., 2017. "Official Sector Lending Strategies During the Euro Area Crisis," Cambridge Working Papers in Economics 1730, Faculty of Economics, University of Cambridge.
    4. Darvas, Zsolt & Welslau, Lennard & Zettelmeyer, Jeromin, 2025. "Demographic change will hit public debt sustainability in European Union countries," Journal of Policy Modeling, Elsevier, vol. 47(6), pages 1131-1157.
    5. Stiglitz, Joseph, 2021. "Lessons from COVID-19 and Trump for Theory and Policy (Paper)," Journal of Policy Modeling, Elsevier, vol. 43(4), pages 749-760.
    6. Cyrus MUTUKU, 2015. "Assessing Fiscal Policy Cyclicality and Sustainability: A Fiscal Reaction Function for Kenya," Journal of Economics Library, KSP Journals, vol. 2(3), pages 173-191, September.
    7. Benjamin Musiita & Fredrick Nsambu Kijjambu & Asaph Kabuura Katarangi & Geoffrey Kahangane & Sheilla Akampwera, 2023. "Uganda’s Debt Sustainability: Testing The Efficacy of Debt Overhang Theory," Journal of Economics and Behavioral Studies, AMH International, vol. 15(4), pages 37-54.
    8. Federico Sturzenegger & Nicolás Der Meguerditchian, 2022. "A Balance-Sheet Model of Fiscal Policy in Namibia," Working Papers 136, Red Nacional de Investigadores en Economía (RedNIE).
    9. Antoine Gaudin & Brendan Harnoys Vannier & Martin Kessler, 2024. "A Critical Analysis of DSA Projections," Development, Palgrave Macmillan;Society for International Deveopment, vol. 67(3), pages 233-247, December.
    10. Eduardo Levy Yeyati & Federico Sturzenegger, 2023. "A balance‐sheet approach to fiscal sustainability," Fiscal Studies, John Wiley & Sons, vol. 44(1), pages 61-84, March.
    11. Ostry, Jonathan D. & Debrun, Xavier & Willems, Tim & Wyplosz, Charles, 2019. "Public Debt Sustainability," CEPR Discussion Papers 14010, Centre for Economic Policy Research.
    12. Aleksandar Zdravkovic & Aleksandra Bradic-Martinovic, 2012. "Public Debt Sustainability in Western Balkan Countries," Book Chapters, in: Paulino Teixeira & António Portugal Duarte & Srdjan Redzepagic & Dejan Eric (ed.), European Integration Process in Western Balkan Countries, edition 1, volume 1, chapter 24, pages 472-492, Institute of Economic Sciences.
    13. Asmaa Ezzat & Manal Emira, 2025. "Do institutions matter in the fiscal reaction function? The case of Egypt," Humanities and Social Sciences Communications, Palgrave Macmillan, vol. 12(1), pages 1-15, December.
    14. Mariusz Jarmuzek & Esteban R. Vesperoni, 2018. "The role of debt profile vulnerabilities in sovereign distress," Applied Economics Letters, Taylor & Francis Journals, vol. 25(13), pages 928-935, July.
    15. Maximilien Kaffo Melou & Mariusz A. Sumlinski & Chris Geiregat, 2014. "An Application of the "Fan-Chart Approach" to Debt Sustainability in Post-HIPC Low-Income Countries," IMF Working Papers 2014/102, International Monetary Fund.
    16. Canofari, Paolo & Marini, Giancarlo & Piergallini, Alessandro, 2020. "Financial Crisis and Sustainability of US Fiscal Deficit: Indicators or Tests?," Journal of Policy Modeling, Elsevier, vol. 42(1), pages 192-204.
    17. Canofari, Paolo & Piergallini, Alessandro & Piersanti, Giovanni, 2018. "The Fallacy of Fiscal Discipline," MPRA Paper 88427, University Library of Munich, Germany.
    18. Ben Hassine Khalladi, Hela, 2019. "Public Debt Sustainability Assessment: A Stochastic Approach for Tunisia," MPRA Paper 93892, University Library of Munich, Germany.
    19. Filip Krvavac, 2025. "Sustainability of Serbia’s public debt: Theoretical framework and analysis using the European Commission’s DSA framework," Working Papers Bulletin 26, National Bank of Serbia.
    20. Oblath, Gábor & Halpern, László, 2014. "A gazdasági stagnálás "színe" és fonákja. Mivel jár együtt az exporttöbblet és az adósságcsökkenés? [The bright" and gloomy side of economic stagnation]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(7), pages 757-800.
    21. Arnold Ivo J. M., 2023. "The Activation Conditions of the Transmission Protection Instrument: Flawed by Design?," Intereconomics: Review of European Economic Policy, Paradigm, vol. 58(5), pages 254-259, September.
    22. Gregor Semieniuk & Emanuele Campiglio & Jean-Francois Mercure & Ulrich Volz & Neil R. Edwards, 2020. "Low-carbon transition risks for finance," Working Papers 233, Department of Economics, SOAS University of London, UK.
    23. Andrea Bacchiocchi & Alessandro Bellocchi & Gian Italo Bischi & Giuseppe Travaglini, 2024. "A non-linear model of public debt with bonds and money finance," Economia Politica: Journal of Analytical and Institutional Economics, Springer;Fondazione Edison, vol. 41(2), pages 457-498, July.
    24. Paret, Anne-Charlotte, 2017. "Debt sustainability in emerging market countries: Some policy guidelines from a fan-chart approach," Economic Modelling, Elsevier, vol. 63(C), pages 26-45.
    25. Valeria De Bonis, 2023. "The debt to wealth ratio vs the debt to GDP ratio as an indicator of financial stability," Public Finance Research Papers 57, Istituto di Economia e Finanza, DSGE, Sapienza University of Rome.
    26. Dimitris P. Sotiropoulos & John Milios & Spyros Lapatsioras, 2014. "An Outline of a Progressive Resolution to the Euro-area Sovereign Debt Overhang: How a Five-year Suspension of the Debt Burden Could Overthrow Austerity," Economics Working Paper Archive wp_819, Levy Economics Institute.
    27. Eichengreen, Barry & Terada-Hagiwara, Akiko & Jinjarak, Yothin, 2026. "Fiscal rules in monetary union: insights from Europe for the PRC," Journal of International Money and Finance, Elsevier, vol. 162(C).
    28. Cui, Wei, 2017. "Macroeconomic effects of delayed capital liquidation," LSE Research Online Documents on Economics 86156, London School of Economics and Political Science, LSE Library.
    29. Heimberger Philipp & Welslau Lennard & Schütz Bernhard & Gechert Sebastian & Guarascio Dario & Zezza Francesco, 2024. "Debt Sustainability Analysis in Reformed EU Fiscal Rules: The Effect of Fiscal Consolidation on Growth and Public Debt Ratios," Intereconomics: Review of European Economic Policy, Paradigm, vol. 59(5), pages 276-283.
    30. Roger Alejandro Banegas Rivero & Reyna Vergara González, 2019. "Evaluación de escenarios fiscales para Bolivia," Revista Latinoamericana de Desarrollo Economico, Carrera de Economía de la Universidad Católica Boliviana (UCB), issue 32, pages 132-168.

  12. Wyplosz, Charles, 2011. "Fiscal Discipline: Rules Rather than Institutions," National Institute Economic Review, National Institute of Economic and Social Research, vol. 217, pages 19-30, July.

    Cited by:

    1. Catherine Mathieu & Henri Sterdyniak, 2012. "Faut-il des règles de politiques budgétaires ?," Post-Print hal-01024682, HAL.
    2. Mr. Roel M. W. J. Beetsma & Mr. Xavier Debrun, 2016. "Fiscal Councils: Rationale and Effectiveness," IMF Working Papers 2016/086, International Monetary Fund.
    3. Mierau, Jochen O. & Suari Andreu, Eduard, 2014. "Fiscal rules and government size in the European Union," Research Report 14009-EEF, University of Groningen, Research Institute SOM (Systems, Organisations and Management).
    4. Catherine Mathieu & Henri Sterdyniak, 2019. "On public debt in the euro area," Post-Print hal-03403548, HAL.
    5. Catherine Mathieu & Henri Sterdyniak, 2012. "Do we need fiscal rules?," Sciences Po Economics Publications (main) hal-01070287, HAL.
    6. Henri Sterdyniak & Catherine Mathieu, 2013. "Can the new French economy policy be successful ?," Sciences Po Economics Publications (main) hal-03579711, HAL.
    7. Henri Sterdyniak, 2012. "Ramener à zéro le déficit public doit-il être l'objectif central de la politique économique ?," Post-Print hal-01024559, HAL.
    8. Ryota Nakatani, 2021. "Fiscal Rules for Natural Disaster- and Climate Change-Prone Small States," Sustainability, MDPI, vol. 13(6), pages 1-26, March.
    9. Dakpoulé Da & Mahamadou Diarra, 2024. "Determinants of fiscal rules policy credibility in West African Economic and Monetary Union countries," South African Journal of Economics, Economic Society of South Africa, vol. 92(4), pages 475-497, December.
    10. Sacchi, Agnese & Salotti, Simone, 2014. "The impact of national fiscal rules on the stabilisation function of fiscal policy," MPRA Paper 56982, University Library of Munich, Germany.
    11. David Bartolini & Agnese Sacchi & Simone Salotti & Raffaella Santolini, 2015. "Fiscal decentralisation in times of financial crises," Working Papers. Collection A: Public economics, governance and decentralization 1506, Universidade de Vigo, GEN - Governance and Economics research Network.
    12. Ryota Nakatani, 2019. "A Possible Approach to Fiscal Rules in Small Islands — Incorporating Natural Disasters and Climate Change," IMF Working Papers 2019/186, International Monetary Fund.
    13. Kamal, Mona, 2015. "Egypt Relative to the COMESA’s Member States: Do Fiscal Policy Rules Matter?," MPRA Paper 67101, University Library of Munich, Germany.

  13. Krogstrup, Signe & Wyplosz, Charles, 2010. "A common pool theory of supranational deficit ceilings," European Economic Review, Elsevier, vol. 54(2), pages 269-278, February.

    Cited by:

    1. Marzia Romanelli & Pietro Tommasino & Emilio VadalÃ, 2022. "The future of European fiscal governance: a comprehensive approach," Questioni di Economia e Finanza (Occasional Papers) 691, Bank of Italy, Economic Research and International Relations Area.
    2. Kempf, Hubert & von Thadden, Leopold, 2013. "When do cooperation and commitment matter in a monetary union?," Journal of International Economics, Elsevier, vol. 91(2), pages 252-262.
    3. Manuel E. Lago & Santiago Lago-Peñas & Jorge Martinez-Vazquez, 2024. "On the effects of intergovernmental grants: a survey," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 31(3), pages 856-908, June.
    4. Alesina, A. & Passalacqua, A., 2016. "The Political Economy of Government Debt," Handbook of Macroeconomics, in: J. B. Taylor & Harald Uhlig (ed.), Handbook of Macroeconomics, edition 1, volume 2, chapter 0, pages 2599-2651, Elsevier.
    5. Tsuyoshi Goto & Genki Yamamoto, 2018. "Creative Accounting and Municipal Mergers -A Theoretical and Empirical Approach-," OSIPP Discussion Paper 18E012, Osaka School of International Public Policy, Osaka University.
    6. Goto, Tsuyoshi & Yamamoto, Genki, 2023. "Debt issuance incentives and creative accounting: Evidence from municipal mergers in Japan," Journal of the Japanese and International Economies, Elsevier, vol. 68(C).
    7. Åsa Johansson, 2016. "Public Finance, Economic Growth and Inequality: A Survey of the Evidence," OECD Economics Department Working Papers 1346, OECD Publishing.
    8. John Thornton & Chrysovalantis Vasilakis, 2018. "Fiscal Rules And Government Borrowing Costs: International Evidence," Economic Inquiry, Western Economic Association International, vol. 56(1), pages 446-459, January.
    9. Westerhout, Ed & Beetsma, Roel, 2019. "A comparison of nominal and indexed debt under fiscal constraints," Journal of International Money and Finance, Elsevier, vol. 91(C), pages 177-194.
    10. Charles Wyplosz, 2012. "Fiscal Rules: Theoretical Issues and Historical Experiences," NBER Working Papers 17884, National Bureau of Economic Research, Inc.
    11. Apeti, Ablam Estel & Bambe, Bao-We-Wal & Combes, Jean-Louis & Edoh, Eyah Denise, 2024. "Original sin: Fiscal rules and government debt in foreign currency in developing countries," Journal of Macroeconomics, Elsevier, vol. 80(C).
    12. Hettig, Thomas & Müller, Gernot J., 2018. "Fiscal policy coordination in currency unions at the effective lower bound," Journal of International Economics, Elsevier, vol. 115(C), pages 80-98.
    13. Carsten Hefeker, 2019. "Political polarization, term length and too much delegation," Constitutional Political Economy, Springer, vol. 30(1), pages 50-69, March.
    14. Jonathan W. Plante, 2025. "The United States fiscal constitution since the congressional budget impoundment and control act," Constitutional Political Economy, Springer, vol. 36(2), pages 200-223, June.
    15. Rülke, Jan-Christoph & Frenkel, Michael & Lis, Eliza, 2013. "Do budget balance rules anchor budget balance expectations? -- Some international evidence," VfS Annual Conference 2013 (Duesseldorf): Competition Policy and Regulation in a Global Economic Order 80050, Verein für Socialpolitik / German Economic Association.
    16. A. Fatas & Mr. Atish R. Ghosh & Ugo Panizza & Mr. Andrea F Presbitero, 2019. "The Motives to Borrow," IMF Working Papers 2019/101, International Monetary Fund.
    17. Nobuo Akai & Tsuyoshi Goto, 2018. "Strategic Intertemporal Budget Allocation of Local Governments in the Model with Spillovers and Mergers," OSIPP Discussion Paper 18E011, Osaka School of International Public Policy, Osaka University.
    18. Dinger, Valeriya & Steinkamp, Sven & Westermann, Frank, 2012. "The Tragedy of the Commons and Inflation Bias in the Euro Area," IEER Working Papers 94, Institute of Empirical Economic Research, Osnabrueck University.
    19. Kady Keita & Camelia Turcu, 2023. "Promoting Counter-Cyclical Fiscal Policy: Fiscal Rules Versus Institutions," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 65(4), pages 736-781, December.
    20. Gladys A. A. Nabieu & Godfred A. Bokpin & Achampong K. Osei & Patrick O. Asuming, 2021. "The effects of fiscal governance on fiscal performance in Sub‐Saharan Africa," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 26(4), pages 5746-5761, October.
    21. Falilou Fall & Debra Bloch & Jean-Marc Fournier & Peter Hoeller, 2015. "Prudent debt targets and fiscal frameworks," OECD Economic Policy Papers 15, OECD Publishing.
    22. Ohad Raveh & Yacov Tsur, 2017. "Political Myopia, Public Debt," OxCarre Working Papers 200, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    23. Andersson, Fredrik N. G., 2020. "Macroeconomic Equilibriums, Crises and Fiscal Policy," Working Papers 2020:21, Lund University, Department of Economics.
    24. Josef Schroth, 2013. "Fiscal policy coordination in monetary unions," 2013 Meeting Papers 74, Society for Economic Dynamics.
    25. Bergman, U. Michael & Hutchison, Michael M. & Jensen, Svend E. Hougaard, 2016. "Promoting sustainable public finances in the European Union: The role of fiscal rules and government efficiency," European Journal of Political Economy, Elsevier, vol. 44(C), pages 1-19.
    26. Foremny, Dirk, 2014. "Sub-national deficits in European countries: The impact of fiscal rules and tax autonomy," European Journal of Political Economy, Elsevier, vol. 34(C), pages 86-110.
    27. Kady Keita & Camelia Turcu, 2019. "How to limit fiscal procyclicality: the role of exchange rate regimes, fiscal rules and institutions," Working Papers 2019.01, International Network for Economic Research - INFER.
    28. Corrado Macchiarelli, 2018. "What is the EU-UK relation all about? Tracking the path from monetary integration to “ever closeness”," LEQS – LSE 'Europe in Question' Discussion Paper Series 137, European Institute, LSE.
    29. Adekunle, Wasiu & Bekoe, William & Badmus, Sheriff & Anagun, Michael & Alimi, Wasiu, 2021. "Nexus Between Fiscal Discipline And The Budget Process In Africa: Evidence From Nigeria," MPRA Paper 110061, University Library of Munich, Germany.
    30. Borck, Rainald & Fossen, Frank M. & Freier, Ronny & Martin, Thorsten, 2015. "Race to the debt trap? — Spatial econometric evidence on debt in German municipalities," Regional Science and Urban Economics, Elsevier, vol. 53(C), pages 20-37.
    31. Raveh, Ohad & Tsur, Yacov, 2020. "Resource windfalls and public debt: A political economy perspective," European Economic Review, Elsevier, vol. 123(C).
    32. Linda Gonçalves Veiga & Francisco José Veiga, 2014. "Determinants of Portuguese local governments’ indebtedness," NIPE Working Papers 16/2014, NIPE - Universidade do Minho.
    33. Ohad Raveh & Yacov Tsur, 2018. "Resource Windfalls and Public Debt: The Role of Political Myopia," OxCarre Working Papers 205, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    34. Amelie Barbier-Gauchard & Kea Baret & Alexandru Minea, 2020. "National Fiscal Rules and Fiscal Discipline in the European Union," Working Papers hal-02992219, HAL.
    35. Iara, Anna & Wolff, Guntram B., 2014. "Rules and risk in the Euro area," European Journal of Political Economy, Elsevier, vol. 34(C), pages 222-236.
    36. Alnafrah, Ibrahim & Bogatov, Alexander, 2025. "Comparative fiscal governance policy: Evaluating the causal impact of fiscal councils on economic performance," Economic Systems, Elsevier, vol. 49(3).
    37. Debrun, Xavier & Gerard, Marc & Harris, Jason, 2016. "Fiscal Watchdogs and Sound Fiscal Policy: Is the Barking Loud Enough to Tame Politicians?," MPRA Paper 96683, University Library of Munich, Germany, revised 2019.
    38. Yenner Altunbas & John Thornton, 2015. "Why do countries adopt fiscal rules?," Working Papers 15006, Bangor Business School, Prifysgol Bangor University (Cymru / Wales).
    39. Marcela Eslava, 2011. "The Political Economy Of Fiscal Deficits: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 25(4), pages 645-673, September.
    40. Raveh, Ohad & Tsur, Yacov, 2020. "Reelection, growth and public debt," European Journal of Political Economy, Elsevier, vol. 63(C).
    41. Müller, Gernot Johannes & Hettig, Thomas & Mueller, Gernot, 2015. "Fiscal policy coordination in currency unions (at the zero lower bound)," VfS Annual Conference 2015 (Muenster): Economic Development - Theory and Policy 112826, Verein für Socialpolitik / German Economic Association.
    42. Joseph Mawejje & Nicholas M. Odhiambo, 2020. "The determinants of fiscal deficits: a survey of literature," International Review of Economics, Springer;Happiness Economics and Interpersonal Relations (HEIRS), vol. 67(3), pages 403-417, September.
    43. Kaplanoglou, Georgia & Rapanos, Vassilis T., 2011. "The Greek fiscal crisis and the role of fiscal governance," LSE Research Online Documents on Economics 36432, London School of Economics and Political Science, LSE Library.
    44. Pessoa, Argentino, 2011. "The Euro Area sovereign debt crisis: Some implications of its systemic dimension," MPRA Paper 35328, University Library of Munich, Germany.
    45. Sangwon Park, 2013. "Separation of Two Agencies for Fiscal Policies," Korean Economic Review, Korean Economic Association, vol. 29, pages 351-377.
    46. Simon Berset & Martin Huber & Mark Schelker, 2021. "The Fiscal Response to Revenue Shocks," CESifo Working Paper Series 8854, CESifo.
    47. Csaba G. Tóth & Dávid Berta, 2017. "Fiscal Rules," MNB Handbook, Magyar Nemzeti Bank (Central Bank of Hungary), vol. 2(14), pages 1-60.
    48. Schilirò, Daniele, 2012. "The crisis of euro’s governance: institutional aspects and policy issues," MPRA Paper 40861, University Library of Munich, Germany.
    49. Josef Schroth, 2015. "Risk Sharing in the Presence of a Public Good," Staff Working Papers 15-27, Bank of Canada.
    50. Balatoni, András & Tóth G., Csaba, 2012. "Az új magyar adósságszabály értékelése [Assessment of the new regulations on debt]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 1107-1137.

  14. Wyplosz Charles, 2010. "Is the Era of the Dollar Over?," Journal of Globalization and Development, De Gruyter, vol. 1(2), pages 1-16, December.

    Cited by:

    1. Jeremy Srouji, 2022. "Reframing The US Dollar Debate: What Outlook for the US Dollar as World Money?," GREDEG Working Papers 2022-06, Groupe de REcherche en Droit, Economie, Gestion (GREDEG CNRS), Université Côte d'Azur, France.

  15. Pierre Gosselin & Aileen Lotz & Charles Wyplosz, 2008. "The Expected Interest Rate Path: Alignment of Expectations vs. Creative Opacity," International Journal of Central Banking, International Journal of Central Banking, vol. 4(3), pages 145-185, September.

    Cited by:

    1. Trabelsi, Emna & Hichri, Walid, 2021. "Central Bank Transparency with (semi-)public Information: Laboratory Experiments," Journal of Behavioral and Experimental Economics (formerly The Journal of Socio-Economics), Elsevier, vol. 90(C).
    2. Marcello Miccoli, 2012. "Optimal dynamic public communication," Temi di discussione (Economic working papers) 856, Bank of Italy, Economic Research and International Relations Area.
    3. Alex Isakov & Petr Grishin & Oleg Gorlinsky, 2018. "Fear of Forward Guidance," Russian Journal of Money and Finance, Bank of Russia, vol. 77(4), pages 84-106, December.
    4. Lars E.O. Svensson, 2014. "Forward Guidance," NBER Working Papers 20796, National Bureau of Economic Research, Inc.
    5. Rholes, Ryan & Petersen, Luba, 2021. "Should central banks communicate uncertainty in their projections?," Journal of Economic Behavior & Organization, Elsevier, vol. 183(C), pages 320-341.
    6. Mirkov, Nikola & Natvik, Gisle James, 2013. "Announcements of Interest Rate Forecasts: Do Policymakers Stick to Them?," Working Papers on Finance 1303, University of St. Gallen, School of Finance.
    7. Michael Frenkel & Jin-Kyu Jung & Jan-Christoph Rülke, 2017. "Rationalizing the Bias in Central Banks' Interest Rate Projections," WHU Working Paper Series - Economics Group 17-03, WHU - Otto Beisheim School of Management.
    8. Michael Frenkel & Jin-Kyu Jung & Jan-Christoph Rülke, 2022. "Testing for the rationality of central bank interest rate forecasts," Empirical Economics, Springer, vol. 62(3), pages 1037-1078, March.
    9. Boris Hofmann & Dora Xia, 2022. "Quantitative forward guidance through interest rate projections," BIS Working Papers 1009, Bank for International Settlements.
    10. Lars E.O. Svensson, 2015. "Day One Keynote Address: Forward Guidance," International Journal of Central Banking, International Journal of Central Banking, vol. 11(4), pages 19-64, September.
    11. Lars E.O. Svensson, 2010. "Inflation Targeting," NBER Working Papers 16654, National Bureau of Economic Research, Inc.
    12. Lars E. O. Svensson, 2013. "The Possible Unemployment Cost of Average Inflation below a Credible Target," NBER Chapters, in: Lessons from the Financial Crisis for Monetary Policy, National Bureau of Economic Research, Inc.
    13. Petra Geraats, 2014. "Monetary Policy Transparency," CESifo Working Paper Series 4611, CESifo.
    14. Martin Nordström, 2020. "A forecast evaluation of the Riksbank's policy‐rate projections," Economic Notes, Banca Monte dei Paschi di Siena SpA, vol. 49(3), September.
    15. Richhild Moessner & David-Jan Jansen & Jakob de Haan, 2017. "Communication About Future Policy Rates In Theory And Practice: A Survey," Journal of Economic Surveys, Wiley Blackwell, vol. 31(3), pages 678-711, July.
    16. Phan, Tuan, 2013. "Should Central Banks publish interest rate forecasts? - A Survey," MPRA Paper 44676, University Library of Munich, Germany, revised 01 Mar 2013.
    17. Ryan Rholes & Luba Petersen, 2020. "Should central banks communicate uncertainty in their projections?," Discussion Papers dp20-01, Department of Economics, Simon Fraser University.

  16. Ahmet Atil Asici & Nadezhda Ivanova & Charles Wyplosz, 2008. "How to exit from fixed exchange rate regimes?," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 13(3), pages 219-246.
    See citations under working paper version above.
  17. Pierre Gosselin & Aileen Lotz & Charles Wyplosz & Charles Bean & Michael Woodford, 2007. "Interest Rate Signals and Central Bank Transparency [with Comments]," NBER International Seminar on Macroeconomics, University of Chicago Press, vol. 2007(1), pages 9-62.

    Cited by:

    1. Alan S. Blinder & Michael Ehrmann & Marcel Fratzscher & Jakob De Haan & David-Jan Jansen, 2008. "Central Bank Communication and Monetary Policy: A Survey of Theory and Evidence," Working Papers 2008-2, Princeton University. Economics Department..
    2. Müller, Lena Sophia & Glas, Alexander, 2021. "Talking in a language that everyone can understand? Transparency of speeches by the ECB Executive Board," VfS Annual Conference 2021 (Virtual Conference): Climate Economics 242364, Verein für Socialpolitik / German Economic Association.
    3. Yahya, Farzan & Lee, Chien-Chiang & Chen, Pei-Fen, 2025. "Is central bank resilience vulnerable to climate risks? The role of exchange rate stability and green policies," Journal of Asian Economics, Elsevier, vol. 99(C).

  18. Charles Wyplosz, 2006. "European Monetary Union: the dark sides of a major success [‘The macroeconomics of low inflation’]," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 21(46), pages 208-261.

    Cited by:

    1. Pang, Ke, 2013. "Financial integration, nominal rigidity, and monetary policy," International Review of Economics & Finance, Elsevier, vol. 25(C), pages 75-90.
    2. Roberto Tamborini, 2007. "Rescuing the LM (and the money market) in a modern Macro course," Department of Economics Working Papers 0706, Department of Economics, University of Trento, Italia.
    3. Beetsma, Roel & Giuliodori, Massimo, 2009. "The Macroeconomic Costs and Benefits of the EMU and other Monetary Unions: An Overview of Recent Research," CEPR Discussion Papers 7500, Centre for Economic Policy Research.
    4. Maxime Menuet, 2019. "Fiscal rule and shock amplification : A stochastic endogenous growth model," Working Papers hal-02153887, HAL.
    5. Marc-Alexandre Sénégas, 2010. "La théorie des zones monétaires optimales au regard de l'euro : Quels enseignements après dix années d'union économique et monétaire en Europe ?," Revue d'économie politique, Dalloz, vol. 120(2), pages 379-419.
    6. Vlastimir Vukovic & Aleksandar Zdravkovic, 2011. "The Inflation and Exchange Rate in the Five Balkan Countries from Maastricht Convergence Criteria Prospect," Book Chapters, in: Stefan Bogdan Salej & Dejan Eric & Srdjan Redzepagic & Ivan Stosic (ed.), Contemporary Issues in the Integration Processes of Western Balkan Countries in the European Union, chapter 3, pages 38-55, Institute of Economic Sciences.
    7. Pawel Gajewski, 2014. "Monetary policy stress in EMU during the moderation and the global crisis," Lodz Economics Working Papers 2/2014, University of Lodz, Faculty of Economics and Sociology.
    8. Ngai, Victor, 2012. "Stability and Growth Pact and Fiscal Discipline in the Eurozone," Working Papers 12-10, University of Pennsylvania, Wharton School, Weiss Center.
    9. Dumitriu, Ramona & Stefanescu, Răzvan, 2020. "Iluzii financiare, Partea întâi [Financial Illusions, Part 1]," MPRA Paper 101201, University Library of Munich, Germany, revised 17 Jun 2020.
    10. Calzada, Joan & Diaz-Serrano, Luis, 2023. "Conflicting national policies: The creation of the euro and the rebalancing of telecommunications prices," Telecommunications Policy, Elsevier, vol. 47(1).
    11. Andrew K. Rose, 2006. "A Stable International Monetary System Emerges: Inflation Targeting is Bretton Woods, Reversed," NBER Working Papers 12711, National Bureau of Economic Research, Inc.
    12. Ray Barrell & Sylvia Gottschalk & Dawn Holland & Ehsan Khoman & Iana Liadze & Olga Pomerantz, 2008. "The impact of EMU on growth and employment," European Economy - Economic Papers 2008 - 2015 318, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    13. Jérôme Creel & Paul Hubert & Francesco Saraceno, 2012. "The European Fiscal Compact: A Counterfactual Assessment," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 27, pages 537-563.
    14. Owusu, Benjamin & Bökemeier, Bettina & Greiner, Alfred, 2025. "Regime-based debt sustainability analysis: Evidence from euro area economies," European Journal of Political Economy, Elsevier, vol. 90(PA).
    15. Christian Beer, 2011. "Literature Review on the Economic Effects of the Euro on Austria," Monetary Policy & the Economy, Oesterreichische Nationalbank (Austrian Central Bank), issue 3, pages 22-34.
    16. Amable, Bruno & Azizi, Karim, 2014. "Counter-cyclical budget policy across varieties of capitalism," Structural Change and Economic Dynamics, Elsevier, vol. 30(C), pages 1-9.
    17. Karsten Staehr, 2007. "Fiscal Policies and Business Cycles in an Enlarged Euro Area," CESifo Working Paper Series 1933, CESifo.
    18. Thushyanthan Baskaran & Zohal Hessami, 2011. "A Tale of Five PIIGS: Soft Budget Constraints and the EMU Sovereign Debt Crises," Working Paper Series of the Department of Economics, University of Konstanz 2011-45, Department of Economics, University of Konstanz.
    19. Chrysanthakopoulos, Christos & Konstantinou, Panagiotis & Tagkalakis, Athanasios, 2025. "Government spending cyclicality, economic stability and uncertainty," Economic Systems, Elsevier, vol. 49(4).
    20. Helmut Herwartz & Bernd Theilen, 2024. "Effectiveness and counter‐cyclicality of fiscal consolidation under compliance regulation: The case of the Stability and Growth Pact," Economics and Politics, Wiley Blackwell, vol. 36(1), pages 152-176, March.
    21. Pompeo Della Posta, 2017. "Reconsidering the economic and political reasons of the euro area crisis: Diverging fundamentals or self-fulfilling expectations?," PSL Quarterly Review, Economia civile, vol. 70(282), pages 283-310.
    22. George Alogoskoufis, 2024. "Before and After the Political Transition of 1974 Institutions, Politics, and the Economy of Post-War Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 198, Hellenic Observatory, LSE.
    23. Arghyrou, Michael G. & Gadea, Maria Dolores, 2012. "The single monetary policy and domestic macro-fundamentals: Evidence from Spain," Journal of Policy Modeling, Elsevier, vol. 34(1), pages 16-34.
    24. Patricia Esteve‐González & Helmut Herwartz & Bernd Theilen, 2021. "National support for the European integration project: Does financial integration matter?," Economics and Politics, Wiley Blackwell, vol. 33(2), pages 357-378, July.
    25. Combes, Jean-Louis & Minea, Alexandru & Sow, Moussé, 2017. "Is fiscal policy always counter- (pro-) cyclical? The role of public debt and fiscal rules," Economic Modelling, Elsevier, vol. 65(C), pages 138-146.
    26. Rose, Andrew, 2006. "A Stable International Monetary System Emerges: Bretton Woods, Reversed," CEPR Discussion Papers 5854, Centre for Economic Policy Research.
    27. Francesco Paolo Mongelli, 2008. "European Economic and Monetary Integration, and the Optimum Currency Area Theory," European Economy - Economic Papers 2008 - 2015 302, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    28. Matesanz, David & Ortega, Guillermo J., 2015. "Sovereign public debt crisis in Europe. A network analysis," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 436(C), pages 756-766.
    29. Pope, Robin & Selten, Reinhard & Kube, Sebastian & von Hagen, Jürgen, 2009. "Managed Floats to Damp Shocks like 1982-5 and 2006-9: Field and Laboratory Evidence for Chinese Interest in a Single World Currency," Bonn Econ Discussion Papers 26/2009, University of Bonn, Bonn Graduate School of Economics (BGSE).
    30. Zeno Rotondi & Giacomo Vaciago, 2007. "Lessons from the ECB experience: Frankfurt still matters!," DISCE - Quaderni dell'Istituto di Economia e Finanza ief0070, Università Cattolica del Sacro Cuore, Dipartimenti e Istituti di Scienze Economiche (DISCE).
    31. Vintu, Denis, 2025. "Maastricht Criteria and Public Debt," MPRA Paper 125712, University Library of Munich, Germany, revised Aug 2025.
    32. Peter Nedergaard & Holly Snaith, 2015. "‘As I Drifted on a River I Could Not Control’: The Unintended Ordoliberal Consequences of the Eurozone Crisis," Journal of Common Market Studies, Wiley Blackwell, vol. 53(5), pages 1094-1109, September.
    33. Wojtyna, Andrzej, . "Polityka pieniężna w strefie euro: dawne obawy, nowe wyzwania," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2008(11-12).
    34. Gabriel, Ricardo Duque & Pessoa, Ana Sofia, 2020. "Adopting the Euro: a synthetic control approach," MPRA Paper 99391, University Library of Munich, Germany.
    35. Nicola Acocella, "undated". "The theoretical roots of EMU institutions and policies during the crisis," Working Papers 126/14, Sapienza University of Rome, Metodi e Modelli per l'Economia, il Territorio e la Finanza MEMOTEF.
    36. Bénétrix, Agustín S. & Lane, Philip R., 2013. "Fiscal cyclicality and EMU," Journal of International Money and Finance, Elsevier, vol. 34(C), pages 164-176.
    37. Agnello, Luca & Cimadomo, Jacopo, 2009. "Discretionary Fiscal Policies over the Cycle: New Evidence based on the ESCB Disaggregated Approach," Working Paper Series 1118, European Central Bank.
    38. Mr. Serhan Cevik & Ms. Katerina Teksoz, 2014. "Deep Roots of Fiscal Behavior," IMF Working Papers 2014/045, International Monetary Fund.
    39. Julio Revuelta, 2021. "The Effects of the Economic Adjustment Programmes for Greece: A Quasi-Experimental Approach," Sustainability, MDPI, vol. 13(9), pages 1-15, April.
    40. Eloi Laurent & Jérôme Creel & Jacques Le Cacheux, 2007. "Politiques et performances macroéconomiques de la zone euro : institutions, incitations, stratégies," Working Papers hal-00972703, HAL.
    41. Ioannatos, Petros E., 2021. "Systematic growth asymmetry in the Eurozone? Evidence from a natural experiment," The Journal of Economic Asymmetries, Elsevier, vol. 24(C).
    42. Nicola Acocella, 2021. "Stagnation," Economia Internazionale / International Economics, Camera di Commercio Industria Artigianato Agricoltura di Genova, vol. 74(2), pages 121-140.
    43. Roberto Golinelli & Sandro Momigliano, 2009. "The Cyclical Reaction of Fiscal Policies in the Euro Area: The Role of Modelling Choices and Data Vintages," Fiscal Studies, John Wiley & Sons, vol. 30(1), pages 39-72, March.
    44. Roberto Tamborini, 2012. "Market opinions, fundamentals and the euro-sovereign debt crisis," Department of Economics Working Papers 1210, Department of Economics, University of Trento, Italia.
    45. Castro, Vitor, 2011. "The impact of the European Union fiscal rules on economic growth," Journal of Macroeconomics, Elsevier, vol. 33(2), pages 313-326, June.
    46. Roberto Tamborini, 2014. "Interest-Rate Spread and Public-Debt Dynamics in a Two-Country Monetary-Union Portfolio Model," Open Economies Review, Springer, vol. 25(2), pages 243-261, April.
    47. Nicu MARCU & Georgeta-Madalina MEGHISAN, 2012. "Characteristics Of The Economic - Financial Crisis In Europe," Romanian Statistical Review, Romanian Statistical Review, vol. 60(3), pages 18-30, April.
    48. Nedergaard, Peter, 2013. "The Influence of Ordoliberalism in European Integration Processes - A Framework for Ideational Influence with Competition Policy and the Economic and Monetary Policy as Examples," MPRA Paper 52331, University Library of Munich, Germany.
    49. Mike Wickens, 2007. "Is the Euro Sustainable?," Discussion Papers 07/18, Department of Economics, University of York.
    50. Koronowski, Adam, . "Kryzys finansów publicznych czy kryzys płatniczy krajów PIIGS?," Gospodarka Narodowa-The Polish Journal of Economics, Szkoła Główna Handlowa w Warszawie / SGH Warsaw School of Economics, vol. 2011(5-6).
    51. Heimberger, Philipp, 2023. "The cyclical behaviour of fiscal policy: A meta-analysis," Economic Modelling, Elsevier, vol. 123(C).
    52. Sacchi, Agnese & Salotti, Simone, 2014. "The impact of national fiscal rules on the stabilisation function of fiscal policy," MPRA Paper 56982, University Library of Munich, Germany.
    53. Yeh, Kuo-chun & Ho, Tai-kuang, 2011. "ERM crisis in retrospect: What if a European central bank had been in existence before 1992?," Economic Modelling, Elsevier, vol. 28(4), pages 1526-1535, July.
    54. Beetsma, Roel & Giuliodori, Massimo & Walschot, Mark & Wierts, Peter, 2013. "Fifty years of fiscal planning and implementation in the Netherlands," European Journal of Political Economy, Elsevier, vol. 31(C), pages 119-138.
    55. Adam Koronowski, 2011. "Kryzys finansów publicznych czy kryzys płatniczy krajów PIIGS?," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 5-6, pages 69-84.
    56. Hogrefe, Jan & Jung, Benjamin & Kohler, Wilhelm K., 2010. "Readdressing the trade effect of the Euro: Allowing for currency misalignment," ZEW Discussion Papers 10-023, ZEW - Leibniz Centre for European Economic Research.
    57. Smith, Ron, 2009. "EMU and the Lucas Critique," Economic Modelling, Elsevier, vol. 26(4), pages 744-750, July.
    58. John Lewis & Karsten Staehr, 2010. "The Maastricht Inflation Criterion: What is the Effect of European Union Enlargement?," Journal of Common Market Studies, Wiley Blackwell, vol. 48(3), pages 687-708, June.
    59. Florence Huart, 2013. "Is Fiscal Policy Procyclical in the Euro Area?," German Economic Review, Verein für Socialpolitik, vol. 14(1), pages 73-88, February.
    60. Roman Goldbach & Christian Fahrholz, 2011. "The euro area's common default risk: Evidence on the Commission's impact on European fiscal affairs," European Union Politics, , vol. 12(4), pages 507-528, December.
    61. Theodoros S. Papaspyrou, 2007. "Economic Policy in EMU: Community Framework and National Strategies – focus on Greece," GreeSE – Hellenic Observatory Papers on Greece and Southeast Europe 04, Hellenic Observatory, LSE.
    62. Hodžić, Sabina & Bečić, Emira, 2015. "Analysis of the Fiscal Rule Index in EU Member States," Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference (2015), Kotor, Montengero, in: Proceedings of the ENTRENOVA - ENTerprise REsearch InNOVAtion Conference, Kotor, Montengero, 10-11 September 2015, pages 431-438, IRENET - Society for Advancing Innovation and Research in Economy, Zagreb.
    63. Francisco Torres, 2007. "The long road to EMU: The Economic and Political Reasoning behind Maastricht," Working Papers de Economia (Economics Working Papers) 50, Departamento de Economia, Gestão e Engenharia Industrial, Universidade de Aveiro.
    64. Guido Baldi & Karsten Staehr, 2013. "The European debt crisis and fiscal reaction functions in Europe 2000–2012," Bank of Estonia Working Papers wp2013-5, Bank of Estonia, revised 24 Jul 2013.
    65. Wyplosz, Charles & Krogstrup, Signe, 2006. "A Common Pool Theory of Deficit Bias Correction," CEPR Discussion Papers 5866, Centre for Economic Policy Research.
    66. Schalck, Christophe, 2012. "Investigating heterogeneity in European fiscal behaviours," Research in Economics, Elsevier, vol. 66(4), pages 383-390.
    67. Adam Koronowski, 2014. "Dual Currency System as a Solution to the Eurozone Crisis," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 2, pages 5-23.
    68. Jérôme Creel & Eloi Laurent & Jacques Le Cacheux, 2007. "Politiques et performances macroéconomiques de la zone euro," Post-Print hal-03459617, HAL.
    69. Belke, Ansgar H. & Gros, Daniel, 2007. "Instability of the Eurozone? On Monetary Policy, House Prices and Labor Market Reforms," IZA Discussion Papers 2547, IZA Network @ LISER.
    70. Philip R. Lane, 2006. "The Real Effects of European Monetary Union," Journal of Economic Perspectives, American Economic Association, vol. 20(4), pages 47-66, Fall.
    71. Yuwen Dai, 2022. "Monetary Policy and Financial Sustainability in a Two-State Open Economy," Sustainability, MDPI, vol. 14(8), pages 1-12, April.
    72. Mencinger, Jernej & Aristovnik, Aleksander, 2014. "Fiscal Policy Stance Reaction to the Financial/Economic Crisis in the EMU: The Case of Slovenia," MPRA Paper 62109, University Library of Munich, Germany.
    73. Arnaud Lechevalier, 2015. "Eucken under the Pillow: The Ordoliberal Imprint on Social Europe," Post-Print halshs-03781875, HAL.
    74. Mencinger, Jernej & Aristovnik, Aleksander, 2013. "Fiscal Policy Stance in the European Union: The Impact of the Euro," MPRA Paper 44708, University Library of Munich, Germany.
    75. Candelon, B. & Muysken, J. & Vermeulen, R., 2007. "Fiscal policy and monetary integration in Europe: an update," Research Memorandum 050, Maastricht University, Maastricht Research School of Economics of Technology and Organization (METEOR).
    76. Nikolai Stähler, 2013. "Recent Developments In Quantitative Models Of Sovereign Default," Journal of Economic Surveys, Wiley Blackwell, vol. 27(4), pages 605-633, September.
    77. Thushyanthan Baskaran & Zohal Hessami, 2013. "Monetary Integration, Soft Budget Constraints, and the EMU Sovereign Debt Crises," Working Paper Series of the Department of Economics, University of Konstanz 2013-03, Department of Economics, University of Konstanz.
    78. Gootjes, Bram & de Haan, Jakob, 2022. "Procyclicality of fiscal policy in European Union countries," Journal of International Money and Finance, Elsevier, vol. 120(C).
    79. Vyprachticka, Terezie, 2011. "Could the Stability and Growth Pact be Substituted by the Financial Markets?," European Integration online Papers (EIoP), European Community Studies Association Austria (ECSA-A), vol. 15, September.
    80. Hefeker, Carsten, 2006. "Die Europäische Währungsintegration nach dem Zweiten Weltkrieg: Politik, Ideologie oder Interessen?," HWWA Discussion Papers 347, Hamburg Institute of International Economics (HWWA).
    81. Spahn, Peter, 2012. "Integration durch Währungsunion? Der Fall der Euro-Zone," FZID Discussion Papers 57-2012, University of Hohenheim, Center for Research on Innovation and Services (FZID).
    82. Roberto Tamborini, 2015. "Heterogeneous Market Beliefs, Fundamentals and the Sovereign Debt Crisis in the Eurozone," Economica, London School of Economics and Political Science, vol. 82, pages 1153-1176, December.
    83. Hartmann, Philipp & Smets, Frank, 2018. "The first twenty years of the European Central Bank: monetary policy," Working Paper Series 2219, European Central Bank.
    84. Jan Iša & Ivan Okáli, 2008. "Európska menová únia, optimálna menová oblasť a možné dôsledky vstupu slovenska do eurozóny [European monetary union, optimum currency area and possible effects of slovakia's joining the euro area]," Politická ekonomie, Prague University of Economics and Business, vol. 2008(3), pages 318-344.
    85. Joseph Byrne & Norbert Fiess, 2010. "Euro area inflation: aggregation bias and convergence," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 146(2), pages 339-357, June.
    86. Andrzej Wojtyna, 2008. "Polityka pieniężna w strefie euro: dawne obawy, nowe wyzwania," Gospodarka Narodowa. The Polish Journal of Economics, Warsaw School of Economics, issue 11-12, pages 1-20.

  19. Charles WYPLOSZ, 2006. "Deep Economic Integration: Is Europe a Blueprint?," Asian Economic Policy Review, Japan Center for Economic Research, vol. 1(2), pages 259-279, December.

    Cited by:

    1. Laura Márquez-Ramos & Inmaculada Martínez-Zarzoso & Celestino Suárez-Burguet, 2011. "Determinants of Deep Integration: Examining Socio-political Factors," Open Economies Review, Springer, vol. 22(3), pages 479-500, July.
    2. Giovanni Capannelli & Carlo Filippini, 2009. "East Asian and European Economic Integration: A Comparative Analysis," Working Papers on Regional Economic Integration 29, Asian Development Bank.
    3. Robert F. Owen, 2013. "Governance and Economic Integration: Stakes for Asia," ADBI Working Papers 425, Asian Development Bank Institute.
    4. Gamito Carlos Coca & Baltos Georgios, 2019. "Optimal Spatial Allocation of Labour Force and Employment Protection Legislation (EPL)," Bulletin of Geography. Socio-economic Series, Paradigm, vol. 45(45), pages 45-58, September.
    5. Gerrit Faber & Jan Orbie, 2009. "Everything But Arms: Much More than Appears at First Sight," Journal of Common Market Studies, Wiley Blackwell, vol. 47(4), pages 767-787, September.
    6. Bruno, Randolph Luca & Campos, Nauro F. & Estrin, Saul, 2020. "The Effect on Foreign Direct Investment of Membership in the European Union," IZA Discussion Papers 13668, IZA Network @ LISER.
    7. Takatoshi Ito, 2018. "Changing International Financial Architecture: Growing Chinese Influence?," Asian Economic Policy Review, Japan Center for Economic Research, vol. 13(2), pages 192-214, July.
    8. Sheng Lu, 2018. "What Will Happen to the US Textile and Apparel Industry if the NAFTA Goes?," Margin: The Journal of Applied Economic Research, National Council of Applied Economic Research, vol. 12(2), pages 113-137, May.
    9. Hashai, Niron & Buckley, Peter J., 2021. "The effect of within-country inequality on international trade and investment agreements," International Business Review, Elsevier, vol. 30(6).
    10. Willi Semmler & Alexander Haider, 2018. "Cooperative Monetary and Fiscal Policies in the Euro Area," Southern Economic Journal, John Wiley & Sons, vol. 85(1), pages 217-234, July.
    11. Willett, Thomas D. & Srisorn, Nancy, 2014. "The political economy of the Euro crisis: Cognitive biases, faulty mental models, and time inconsistency," Journal of Economics and Business, Elsevier, vol. 76(C), pages 39-54.

  20. Wyplosz, Charles, 2005. "Fiscal Policy: Institutions versus Rules," National Institute Economic Review, National Institute of Economic and Social Research, vol. 191, pages 64-78, January.
    See citations under working paper version above.
  21. Ahmet Asici & Charles Wyplosz, 2003. "The Art of Gracefully Exiting a Peg," The Economic and Social Review, Economic and Social Studies, vol. 34(3), pages 211-228.
    See citations under working paper version above.
  22. Charles Wyplosz, 2002. "How Risky is Financial Liberalization in the Developing Countries?," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 44(2-3), pages 1-26, September.

    Cited by:

    1. Tuomas Komulainen & ) & Johanna Lukkarila, 2003. "What drives financial crises in emerging markets?," Macroeconomics 0304010, University Library of Munich, Germany.
    2. Ahmet Atil Asici, 2010. "Parametric and non-parametric approaches to exits from fixed exchange rate regimes," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 15(4), pages 381-406.
    3. Dong, Baomin & Gu, Xinhua & Song, Huasheng, 2017. "Capital market liberalization: Optimal tradeoff and bargaining delay," The North American Journal of Economics and Finance, Elsevier, vol. 39(C), pages 78-88.
    4. Renhui Fu & Fang Gao & Yi Zhao, 2024. "The capital market consequences of stock market liberalisation: Evidence from Mainland‐Hong Kong Stock Connect Programs in China," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 64(4), pages 3275-3299, December.
    5. Kim, Bonghoon & Kenny, Lawrence W., 2007. "Explaining when developing countries liberalize their financial equity markets," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 17(4), pages 387-402, October.
    6. Wyplosz Charles, 2010. "Is the Era of the Dollar Over?," Journal of Globalization and Development, De Gruyter, vol. 1(2), pages 1-16, December.
    7. Komulainen, Tuomas & Lukkarila, Johanna, 2003. "What drives financial crises in emerging markets?," Emerging Markets Review, Elsevier, vol. 4(3), pages 248-272, September.

  23. Wyplosz Charles, 2001. "A Monetary Union in Asia? Some European Lessons," East Asian Economic Review, Korea Institute for International Economic Policy, vol. 5(2), pages 27-77.

    Cited by:

    1. Hefeker, Carsten & Nabor, Andreas, 2002. "Yen or Yuan? China's role in the future of Asian monetary integration," HWWA Discussion Papers 206, Hamburg Institute of International Economics (HWWA).
    2. Lee, Grace H.Y. & Azali, M., 2012. "Is East Asia an optimum currency area?," Economic Modelling, Elsevier, vol. 29(2), pages 87-95.
    3. Carlos Cortinhas, 2007. "Intra-industry trade and business cycles in ASEAN," Applied Economics, Taylor & Francis Journals, vol. 39(7), pages 893-902.
    4. Begg, David, 2002. "Growth, integration, and macroeconomic policy design: Some lessons for Latin America," The North American Journal of Economics and Finance, Elsevier, vol. 13(3), pages 279-295, December.
    5. Peter B. Kenen & Ellen E. Meade, 2006. "Monetary integration in East Asia," Proceedings, Federal Reserve Bank of San Francisco, issue Jun.
    6. Hwee Kwan Chow & Peter N. Kriz & Roberto S. Mariano & Augustine H. H. Tan, 2007. "Financial Liberalization and Monetary Policy Cooperation in East Asia1," Finance Working Papers 21916, East Asian Bureau of Economic Research.
    7. Barry Eichengreen, 2006. "The development of Asian bond markets," BIS Papers chapters, in: Bank for International Settlements (ed.), Asian bond markets: issues and prospects, volume 30, pages 1-12, Bank for International Settlements.
    8. Eduard Hochreiter & Pierre Siklos, 2004. "From Floating to Monetary Union: The Economic Distance between Exchange Rate Regimes," SUERF Studies, SUERF - The European Money and Finance Forum, number 2004/5 edited by Morten Balling, October.
    9. Kwack, Sung Y., 2005. "Exchange rate and monetary regime options for regional cooperation in East Asia," Journal of Asian Economics, Elsevier, vol. 16(1), pages 57-75, February.
    10. Hwee Kwan Chow & Peter Nicholas Kriz & Roberto S. Mariano & Augustine H. H. Tan, 2010. "Monetary Policy Cooperation To Support Asian Economic Integration," The Singapore Economic Review (SER), World Scientific Publishing Co. Pte. Ltd., vol. 55(01), pages 83-101.
    11. Charles Adams & Hwee Kwan Chow, 2007. "Asian Currency Baskets : An Answer in Search of a Question?," Finance Working Papers 22055, East Asian Bureau of Economic Research.
    12. Shingo Watanabe & Masanobu Ogura, 2006. "How Far Apart Are Two ACUs from Each Other? : Asian Currency Unit and Asian Currency Union," Bank of Japan Working Paper Series 06-E-20, Bank of Japan.
    13. Már Gudmundsson, 2008. "Near‐Term Exchange Rate Flexibility In East Asia: Precursor To Regional Monetary Union?," Pacific Economic Review, Wiley Blackwell, vol. 13(1), pages 62-82, February.
    14. Shu-ki Tsang, 2002. "From "One Country, Two Systems" to Monetary Integration?," Working Papers 152002, Hong Kong Institute for Monetary Research.
    15. Natacha Gilson, 2006. "How to be Well Shod to Absorb Shocks? Shock Synchronization and Joining the Euro Zone," CESifo Working Paper Series 1878, CESifo.
    16. Sin, Lew Yuen & Asam Tuan Lorik, Ku, 2006. "Are Countries of Association of South East Asia Nations (ASEAN) Candidates of Optimum Currency Area for Monetary Union? A Structural VAR Approach," Review of Applied Economics, Lincoln University, Department of Financial and Business Systems, vol. 2(2), pages 1-12.
    17. Grace H.Y. Lee & M. Azali, 2009. "A Bayesian Approach to Optimum Currency Areas in East Asia," Monash Economics Working Papers 18-09, Monash University, Department of Economics.
    18. Yeh Kuo-chun, 2009. "Will a Taiwan-China Monetary Union be Feasible? Lessons from Europe," Peace Economics, Peace Science, and Public Policy, De Gruyter, vol. 14(3), pages 1-36, March.
    19. Magdaléna DRASTICHOVÁ, 2009. "Current and future monetary cooperation with a focus on the possible monetary union of Gulf Cooperation Council," Proceedings of FIKUSZ '09, in: László Áron Kóczy (ed.),Proceedings of FIKUSZ '09, pages 57-69, Óbuda University, Keleti Faculty of Business and Management.
    20. Eduard Hochreiter & Anton Korinek & Pierre L. Siklos, 2003. "The potential consequences of alternative exchange rate regimes: A study of three candidate regions," International Journal of Finance & Economics, John Wiley & Sons, Ltd., vol. 8(4), pages 327-349.
    21. Hwee Kwan Chow & Peter Nicholas Kriz & Roberto S. Mariano & Augustine H H Tan, 2007. "Financial Liberalization and Monetary Policy Cooperation in East Asia," Working Papers 03-2007, Singapore Management University, School of Economics.
    22. Chow, Hwee Kwan & Kim, Yoonbai & Sun, Wei, 2007. "Characterizing exchange rate policy in East Asia: A reconsideration," Journal of Asian Economics, Elsevier, vol. 18(3), pages 448-465, June.
    23. Kwack, Sung Yeung, 2004. "An optimum currency area in East Asia: feasibility, coordination, and leadership role," Journal of Asian Economics, Elsevier, vol. 15(1), pages 153-169, February.
    24. Sarabia, María & Crecente, Fernando & del Val, Maria Teresa, 2021. "Health, longevity, infrastructure and competitiveness: The Four Horsemen of COVID-19," Journal of Business Research, Elsevier, vol. 129(C), pages 244-249.
    25. Dino Martellato, 2008. "Economic Integration and Macroeconomic Convergence in the Euro Area," Working Papers 2008_34, Department of Economics, University of Venice "Ca' Foscari".
    26. Watanabe, Shingo & Ogura, Masanobu, 2010. "How far apart are the two ACUs from each other? Asian currency unit and Asian currency union," Emerging Markets Review, Elsevier, vol. 11(2), pages 152-172, June.
    27. Hsiufen Hsu, 2009. "Is a common currency area feasible for East Asia? A multivariate structural VAR approach," OSIPP Discussion Paper 09E006, Osaka School of International Public Policy, Osaka University.

  24. D. Begg & F. Giavazzi & Ch. Wyplosz, 1999. "Options for the Future Exchange RatePolicy of the EMU," Voprosy Ekonomiki, NP Voprosy Ekonomiki, vol. 1.

    Cited by:

    1. Jürgen Von Hagen, 1999. "Macroeconomic Consequences of the EMU," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 26(4), pages 359-374, December.
    2. Svensson, Lars, 1999. "Monetary Policy Issues for the Eurosystem," Seminar Papers 667, Stockholm University, Institute for International Economic Studies.
    3. Barry Eichengreen & Fabio Ghironi, 1999. "Macroeconomic Tradeoffs in the United States and Europe: Fiscal Distortions and the International Monetary Regime," Boston College Working Papers in Economics 467, Boston College Department of Economics.
    4. Richard Portes & Helene Rey, 1998. "The Emergence of the Euro as an International Currency," NBER Working Papers 6424, National Bureau of Economic Research, Inc.
    5. Pierre Faure, 2003. "Monetary and Fiscal Policy Games and Effects of Institutional Differences between the European Union and the Rest of the World," Revue économique, Presses de Sciences-Po, vol. 54(5), pages 937-959.
    6. Wyplosz, Charles, 1999. "Towards A More Perfect EMU," CEPR Discussion Papers 2252, Centre for Economic Policy Research.
    7. Serge Rey, 2001. "Les taux de change bilatéraux adoptés pour l’entrée dans l’euro sont-ils des taux d’équilibre?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 77(1), pages 75-112.
    8. C. Randall Henning, 2006. "The External Policy of the Euro Area: Organizing for Foreign Exchange Intervention," Working Paper Series WP06-4, Peterson Institute for International Economics.
    9. Barry Eichengreen & Fabio Ghironi, 2002. "Transatlantic Trade-Offs in the Age of Balanced Budgets and European Monetary Union," Open Economies Review, Springer, vol. 13(4), pages 381-411, October.
    10. Fabio Ghironi, 2000. "U.S.-Europe Economic Interdependence and Policy Transmission," Boston College Working Papers in Economics 470, Boston College Department of Economics.
    11. Robert McCauley, 1999. "The Euro and the Dollar, 1998," Open Economies Review, Springer, vol. 10(1), pages 91-133, February.

  25. Barry Eichengreen & Charles Wyplosz, 1998. "The Stability Pact: more than a minor nuisance?," Economic Policy, CEPR, CESifo, Sciences Po;CES;MSH, vol. 13(26), pages 66-113.

    Cited by:

    1. Gian Italo Bischi & Germana Giombini & Giuseppe Travaglini, 2022. "Monetary and fiscal policy in a nonlinear model of public debt," Working Papers 2201, University of Urbino Carlo Bo, Department of Economics, Society & Politics - Scientific Committee - L. Stefanini & G. Travaglini, revised 2022.
    2. Anthony B. Atkinson, 1998. "EMU, Macroeconomics and Children," Papers iopeps98/39, Innocenti Occasional Papers, Economic Policy Series.
    3. Anton Muscatelli & Patrizio Tirelli & Carmine Trecroci, 2001. "Monetary and Fiscal Policy Interactions over the Cycle: Some Empirical Evidence," Working Papers 2002_13, Business School - Economics, University of Glasgow, revised Oct 2002.
    4. Amélie Barbier-Gauchard, 2005. "Fiscal Federalism, discipline and selection adverse in the EU : Lessons from a theoretical model," Post-Print halshs-00007797, HAL.
    5. Waltraud Schelkle, 2012. "European Fiscal Union: From Monetary Back Door to Parliamentary Main Entrance," CESifo Forum, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 13(01), pages 28-34, April.
    6. Oscar Bajo-Rubio & Carmen Díaz-Roldán, 2000. "Insurance Mechanisms Against Asymmetric Shocks In A Monetary Union: A Proposal With An Application To Emu," Working Papers 00-08, Asociación Española de Economía y Finanzas Internacionales.
    7. Jérôme Creel & Paul Hubert & Francesco Saraceno, 2013. "Assessing future sustainability of french public finances," Working Papers hal-01070452, HAL.
    8. Agnes Benassy-Quere, 2016. "Euro-Area Fiscal Stance: From Theory to Practical Implementation," CESifo Working Paper Series 6040, CESifo.
    9. Iancu, Aurel & Olteanu, Dan, 2015. "Fiscal Consolidation by Austerity and EU Surveillance Policies," Working Papers of National Institute for Economic Research 151209, Institutul National de Cercetari Economice (INCE).
    10. Elżbieta Bednarek-Sekunda & Richard Jong-A-Pin & Jakob de Haan, 2010. "The European Economic and Monetary Union and Labour Market Reform," European Union Politics, , vol. 11(1), pages 3-27, March.
    11. Nikos Koutsiaras, 2010. "How to Spend it: Putting a Labour Market Modernization Fund in Place of the European Globalization Adjustment Fund," Journal of Common Market Studies, Wiley Blackwell, vol. 48(3), pages 617-640, June.
    12. Mauro Visaggio, 2004. "Does Stability and Growth Pact Provide an Adequate and Consistent Fiscal Rule?," Macroeconomics 0407008, University Library of Munich, Germany.
    13. Donatella Gatti & Christa von Wijnbergen, 2005. "The Case for a Symmetric Reaction. Function of the European Central Bank," Macroeconomics 0507009, University Library of Munich, Germany.
    14. Marzia Romanelli & Pietro Tommasino & Emilio VadalÃ, 2022. "The future of European fiscal governance: a comprehensive approach," Questioni di Economia e Finanza (Occasional Papers) 691, Bank of Italy, Economic Research and International Relations Area.
    15. Roel Beetsma & Xavier Debrun & Frank Klaassen, 2001. "Is Fiscal Policy Coordination in EMU Desirable?," CESifo Working Paper Series 599, CESifo.
    16. Katja Schmidt & Antoine Sigwalt, 2022. "Fiscal policy orientation in the euro area in real-time," Working papers 896, Banque de France.
    17. Fatás, Antonio & Mihov, Ilian, 1999. "Government Size and Automatic Stabilizers: International and Intranational Evidence," CEPR Discussion Papers 2259, Centre for Economic Policy Research.
    18. René Tapsoba, 2012. "Do National Numerical Fiscal Rules Really Shape Fiscal Behaviours in Developing Countries? A Treatment Effect Evaluation," CERDI Working papers halshs-00667201, HAL.
    19. Jean-Paul Fitoussi & Francesco Saraceno, 2002. "A Theory of Social Custom of Which Soft Growth May Be One Consequence. Tales of the European Stability Pact," Sciences Po Economics Publications (main) hal-01065024, HAL.
    20. Harashima, Taiji, 2011. "A Mechanism of Inflation Differentials and Current Account Imbalances in the Euro Area," MPRA Paper 28121, University Library of Munich, Germany.
    21. Dragos Adascalitei & Clemente Pignatti Morano, 2016. "Drivers and effects of labour market reforms: Evidence from a novel policy compendium," IZA Journal of Labor Policy, Springer;Forschungsinstitut zur Zukunft der Arbeit GmbH (IZA), vol. 5(1), pages 1-32, December.
    22. Eichengreen, Barry, 1998. "Does Mercosur Need a Single Currency?," Center for International and Development Economics Research, Working Paper Series qt6fw631qn, Center for International and Development Economics Research, Institute for Business and Economic Research, UC Berkeley.
    23. Kea BARET, 2023. "On the importance of statistical governance quality and accurate targets for fiscal rules’ performance," Working Papers of BETA 2023-40, Bureau d'Economie Théorique et Appliquée, UDS, Strasbourg.
    24. Boyer, Robert, 2001. "The Economist Confronted by Epochal Innovations: The Relationships between History and theory," UCAIS Berkeley Roundtable on the International Economy, Working Paper Series qt4db8m5dg, UCAIS Berkeley Roundtable on the International Economy, UC Berkeley.
    25. Bernd Irlenbusch & Matthias Sutter, 2006. "An experimental analysis of voting in the Stability and Growth Pact in the European Monetary Union," Public Choice, Springer, vol. 129(3), pages 417-434, December.
    26. Roberto Tamborini, 2002. "One "monetary giant" with many "fiscal dwarfs": The efficiency of macroeconomic stabilization policies in the European Monetary Union," Department of Economics Working Papers 0204, Department of Economics, University of Trento, Italia.
    27. Jakob De Haan & Helge Berger & David‐Jan Jansen, 2004. "Why has the Stability and Growth Pact Failed?," International Finance, Wiley Blackwell, vol. 7(2), pages 235-260, July.
    28. Beetsma, Roel M. W. J. & Bovenberg, A. Lans, 2003. "Strategic debt accumulation in a heterogeneous monetary union," European Journal of Political Economy, Elsevier, vol. 19(1), pages 1-15, March.
    29. Lars Calmfors & Giancarlo Corsetti & John Flemming & Seppo Honkapohja & John Kay & Willi Leibfritz & Gilles Saint-Paul & Hans-Werner Sinn & Xavier Vives, 2003. "Fiscal Policy and Macroeconomic Stabilisation in the Euro Area: Possible Reforms of the Stability and Growth Pact and National Decision-Making-Processes," EEAG Report on the European Economy, CESifo, vol. 0, pages 46-75, May.
    30. María Lorena Marí Del Cristo & Marta Gómez-Puig, 2013. "Fiscal dynamics in a dollarized, oil-exporting country: Ecuador," Working Papers 13-06, Asociación Española de Economía y Finanzas Internacionales.
    31. Rieth, Malte & Wittich, Jana, 2020. "The impact of ECB policy on structural reforms," EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 122.
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    1. Jesús Rodríguez López & Hugo Rodríguez Mendizábal, 2003. "How Tight Should Central Bank’s Hands be Tied? Credibility, Volatility and the Optimal Band Width of a Target Zone," Economic Working Papers at Centro de Estudios Andaluces E2003/24, Centro de Estudios Andaluces.
    2. Chen, Yu-Fu & Funke, Michael & Glanemann, Nicole, 2009. "A Soft Edge Target Zone Model: Theory And Application To Hong Kong," SIRE Discussion Papers 2009-61, Scottish Institute for Research in Economics (SIRE).
    3. Staffan Ringbom, 2003. "Narrow Target Zones within Broad Zones: A Non-Speculative Exchange Rate Solution with Limited Resources," Open Economies Review, Springer, vol. 14(3), pages 319-341, July.
    4. Mamoru Nagano, 2005. "Investment And Export-Led Industrialization: Financial Constraints And Export Promotion Of East Asian Firms," Journal of Economic Development, Chung-Ang Unviersity, Department of Economics, vol. 30(1), pages 81-93, June.
    5. Michael Funke & Yu-Fu Chen & Nicole Glanemann, 2009. "A soft target zone model: Theory and application to Hong Kong," Quantitative Macroeconomics Working Papers 20912, Hamburg University, Department of Economics.
    6. Joon-Hwan Im, 2001. "Optimal Currency Target Zones: How Wide Should Exchange Rate Bands Be?," International Economic Journal, Taylor & Francis Journals, vol. 15(1), pages 61-93.
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    8. BESSEC Marie, 2010. "The Asymmetric Exchange Rate Dynamics in the EMS: a Time-Varying Threshold Test," EcoMod2003 330700015, EcoMod.
    9. Jesús Rodríguez López & Hugo Rodríguez Mendizábal, 2015. "How Tight Should One's Hands Be Tied? Fear of Floating and Credibility of Exchange Rate Regimes," Working Papers 96, Barcelona School of Economics.
    10. Jesús Rodríguez López & Mario Solís-García, 2012. "Accounting Spanish business cycles: What can be learned from past recessions?," Working Papers 12.05, Universidad Pablo de Olavide, Department of Economics.
    11. Bartolini, Leonardo & Prati, Alessandro, 1999. "Soft exchange rate bands and speculative attacks: theory, and evidence from the ERM since August 1993," Journal of International Economics, Elsevier, vol. 49(1), pages 1-29, October.
    12. Jesús Rodríguez López & Hugo Rodríguez Mendizábal, 2006. "How tight should one's hands be tied? Fear of floating and credibility of exchange regimes," Working Papers 06.03, Universidad Pablo de Olavide, Department of Economics.

  29. Eichengreen, Barry & Tobin, James & Wyplosz, Charles, 1995. "Two Cases for Sand in the Wheels of International Finance," Economic Journal, Royal Economic Society, vol. 105(428), pages 162-172, January.
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  30. Cohen, Daniel & Wyplosz, Charles, 1995. "Price and trade effects of exchange rate fluctuations and the design of policy coordination," Journal of International Money and Finance, Elsevier, vol. 14(3), pages 331-347, June.
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  31. Burda, Michael & Wyplosz, Charles, 1994. "Gross worker and job flows in Europe," European Economic Review, Elsevier, vol. 38(6), pages 1287-1315, June.
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  32. Charles Wyplosz & Barry Eichengreen & Jean Pisani-Ferry, 1994. "Pourquoi le SME a explosé et comment le relancer ?," Revue Économique, Programme National Persée, vol. 45(3), pages 673-688.

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    1. Jean-Pierre Allegret, 2000. "Quel role pour les controles des mouvements internationaux de capitaux ?," Economie Internationale, CEPII research center, issue 81, pages 77-108.
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    3. Serge Rey, 2001. "Les taux de change bilatéraux adoptés pour l’entrée dans l’euro sont-ils des taux d’équilibre?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 77(1), pages 75-112.
    4. Serge Rey, 2001. "Les taux de change bilatéraux adoptés pour l’entrée dans l’Euro sont-ils des taux d’équilibre? Une tentative de réponse à l’aide de la parité des pouvoirs d’achat et de la parité des coûts," Post-Print hal-01885323, HAL.
    5. Patrick Artus & Claude Jessua, 1996. "La spéculation," Revue Économique, Programme National Persée, vol. 47(3), pages 409-424.

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    215. Watanabe, Shingo & Ogura, Masanobu, 2010. "How far apart are the two ACUs from each other? Asian currency unit and Asian currency union," Emerging Markets Review, Elsevier, vol. 11(2), pages 152-172, June.
    216. Josef C. Brada & Vladimír Tomšík, 2004. "Zahraniční investice a náchylnost k měnovým krizím: zkušenosti tranzitivních ekonomik [Foreign investment and perceptions of vulnerability to foreign exchange crises: evidence from transition economies]," Politická ekonomie, Prague University of Economics and Business, vol. 2004(3), pages 313-329.
    217. Chong Huang, 2011. "Defending Against Speculative Attacks: Reputation, Learning, and Coordination," PIER Working Paper Archive 11-039, Penn Institute for Economic Research, Department of Economics, University of Pennsylvania.
    218. Ilene Grabel, 2003. "Predicting Financial Crisis in Developing Economies: Astronomy or Astrology?," Eastern Economic Journal, Eastern Economic Association, vol. 29(2), pages 243-258, Spring.
    219. Hayo, Bernd & Hefeker, Carsten, 2002. "Reconsidering central bank independence," European Journal of Political Economy, Elsevier, vol. 18(4), pages 653-674, November.

  34. Wyplosz, Charles, 1993. "After the honeymoon: On the economics and the politics of economic transformation," European Economic Review, Elsevier, vol. 37(2-3), pages 379-386, April.
    See citations under working paper version above.
  35. Burda, Michael & Wyplosz, Charles, 1992. "Human capital, investment and migration in an integrated Europe," European Economic Review, Elsevier, vol. 36(2-3), pages 677-684, April.
    See citations under working paper version above.
  36. Charles Wyplosz, 1991. "On the real exchange rate effect of German unification," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 127(1), pages 1-17, March.

    Cited by:

    1. Siebert, Horst, 1992. "Real adjustment in the transformation process: Risk factors in East Germany," Kiel Working Papers 507, Kiel Institute for the World Economy.
    2. Agnès Bénassy-Quéré & Pierre Villa, 1994. "La réunification allemande du point de vue de la politique économique," Working Papers 1994-09, CEPII research center.
    3. Joseph E. Gagnon & Paul R. Masson & Warwick J. McKibbin, 1996. "German unification: what have we learned from multi-country models?," International Finance Discussion Papers 547, Board of Governors of the Federal Reserve System (U.S.).
    4. Hans-Werner Sinn, 1996. "International Implications of German Unification," NBER Working Papers 5839, National Bureau of Economic Research, Inc.
    5. Hefeker, Carsten, 1994. "GMU, EMU, and the Bundesbank: The political economy of recent EMS-crises," Discussion Papers, Series II 221, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    6. Bouoiyour, Jamal & Rey, Serge, 1995. "Chocs externes et ajustements des taux de change réels européens [External shocks and adjustment of European real exchange rates]," MPRA Paper 30241, University Library of Munich, Germany.
    7. Siebert, Horst, 1991. "German unification: the economics of transition," Kiel Working Papers 468a, Kiel Institute for the World Economy.
    8. Siebert, Horst, 1992. "Five traps for German economic policy," Kiel Discussion Papers 185, Kiel Institute for the World Economy.
    9. Serge Rey, 2001. "Les taux de change bilatéraux adoptés pour l’entrée dans l’euro sont-ils des taux d’équilibre?," L'Actualité Economique, Société Canadienne de Science Economique, vol. 77(1), pages 75-112.
    10. Patrick Artus, 1992. "Réunification allemande, dynamique et contraintes. Un cadre d'analyse," Revue Économique, Programme National Persée, vol. 43(5), pages 823-850.
    11. Christian Thimann & Michael Breitner, 1995. "Eastern Germany and the conflict between wage adjustment, investment, and employment: A numerical analysis," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 131(3), pages 446-469, September.

  37. Wyplosz, Charles, 1991. "International trade with endogenous technological change : by L.A. Rivera-Batiz and P.M. Romer," European Economic Review, Elsevier, vol. 35(4), pages 1002-1004, May.

    Cited by:

    1. Giovanni Cerulli, 2010. "Are R&D subsidies provided optimally? Evidence from a simulated agency-firm stochastic dynamic game," CERIS Working Paper 201011, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.
    2. Beckmann, Rainer & Hebler, Martin & Kösters, Wim & Neimke, Markus, 2000. "Theoretische Konzepte zum Europäischen Integrationsprozeß: Ein aktueller Überblick [Theoretical concepts for the process of European integration: A current overview]," MPRA Paper 35703, University Library of Munich, Germany.
    3. Seref Saygili & Cengiz Cihan & Cihan Yalcin & Turknur Hamsici, 2010. "Turkiye Imalat Sanayiin Ithalat Yapisi," Working Papers 1002, Research and Monetary Policy Department, Central Bank of the Republic of Turkey.
    4. Anja, Breitwieser & Neil, Foster, 2012. "Intellectual property rights, innovation and technology transfer: a survey," MPRA Paper 36094, University Library of Munich, Germany.
    5. Bretschger, Lucas, 1998. "Dynamik der realwirtschaftlichen Integration am Beispiel der EU-Osterweiterung," Wirtschaftswissenschaftliche Diskussionspapiere 12/1998, University of Greifswald, Faculty of Law and Economics.
    6. Giovanni Cerulli, 2010. "A responsiveness-based (composite) indicator with an application to countries’ innovative performance," CERIS Working Paper 201010, CNR-IRCrES Research Institute on Sustainable Economic Growth - Torino (TO) ITALY - former Institute for Economic Research on Firms and Growth - Moncalieri (TO) ITALY.

  38. Charles Wyplosz & Jean Pisani- Ferry, 1990. "Les implications budgétaires de l'union monétaire," Revue de l'OFCE, Programme National Persée, vol. 33(1), pages 155-173.

    Cited by:

    1. Jérôme Creel & Henri Sterdyniak, 1995. "Les déficits publics en Europe," Post-Print hal-03458224, HAL.
    2. Catherine Bruno & Jacques Le Cacheux & Catherine Mathieu, 1991. "L'Union monétaire européenne : état des lieux, projets et enjeux," Revue de l'OFCE, Programme National Persée, vol. 38(1), pages 93-142.
    3. Jean-Marie Monnier, 2000. "Harmonisation des fiscalités et structures fiscales européennes entre 1988 et 1996," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00677603, HAL.
    4. Jean-Marie Monnier, 2000. "Harmonisation des fiscalités et structures fiscales européennes entre 1988 et 1996," Post-Print hal-00677603, HAL.
    5. Jérôme Creel & Henri Sterdyniak, 1995. "Les déficits publics en Europe : causes, conséquences ou remèdes à la crise ?," Revue de l'OFCE, Programme National Persée, vol. 54(1), pages 57-100.

  39. Wyplosz, Charles, 1989. "Asymmetry in the EMS: Intentional or systemic?," European Economic Review, Elsevier, vol. 33(2-3), pages 310-320, March.

    Cited by:

    1. Volker Clausen & Bernd Hayo, 2006. "Asymmetric monetary policy effects in EMU," Applied Economics, Taylor & Francis Journals, vol. 38(10), pages 1123-1134.
    2. Bernd Hayo, 2006. "Is European Monetary Policy Appropriate for the EMU Member Countries? A Counterfactual Analysis," Marburg Working Papers on Economics 200610, Philipps-Universität Marburg, Faculty of Business Administration and Economics, Department of Economics (Volkswirtschaftliche Abteilung).
    3. Sotiris Theodoropoulos, 2005. "Asymmetric Shocks, Structural Rigidities and Adjustment Capability in EMU - A Review," European Research Studies Journal, European Research Studies Journal, vol. 0(3-4), pages 3-20.
    4. Nikiforos Laopodis, 2001. "International Interest-Rate Transmission and the “German Dominance Hypothesis” Within EMS," Open Economies Review, Springer, vol. 12(4), pages 347-377, October.
    5. Feuerstein, Switgard, 1997. "Fiscal policy in an asymmetric exchange rate union," International Review of Economics & Finance, Elsevier, vol. 6(3), pages 239-258.
    6. Mali J. Edison & Linda S. Kole, 1995. "European monetary arrangements: Implications for the dollar, exchange rate variability and credibility," European Financial Management, European Financial Management Association, vol. 1(1), pages 61-86, March.
    7. John Formby & Stefan Norrbin & Ryoichi Sakano, 1992. "The synchronization of business cycles across the European Community," Open Economies Review, Springer, vol. 3(3), pages 233-253, October.
    8. H.P. Grãœner & C. Hefeker, 1995. "Domestic pressures and the exchange rate regime: why economically bad decisions are politically popular?," BNL Quarterly Review, Banca Nazionale del Lavoro, vol. 48(194), pages 331-350.
    9. Daniele Checchi, 1992. "What are the Real Effects of Liberalizing International Capital Movements?," Open Economies Review, Springer, vol. 3(1), pages 83-125, February.
    10. Volker Clausen & Bernd Hayo, 2002. "Monetary Policy in the Euro Area - Lessons from the First Years," Macroeconomics 0205006, University Library of Munich, Germany.
    11. N. T. Laopodis, 2003. "Stochastic behaviour of Deutsche mark exchange rates within EMS," Applied Financial Economics, Taylor & Francis Journals, vol. 13(9), pages 665-676.

  40. Giavazzi, Francesco & Sheen, Jeff R & Wyplosz, Charles, 1988. "The Real Exchange Rate and the Fiscal Aspects of a Natural Resource Discovery," Oxford Economic Papers, Oxford University Press, vol. 40(3), pages 427-450, September.

    Cited by:

    1. Milan Brahmbhatt & Otaviano Canuto & Ekaterina Vostroknutova, 2010. "Dealing with Dutch Disease," World Bank Publications - Reports 10174, The World Bank Group.
    2. Marcus J. Kurtz, 2009. "The Social Foundations of Institutional Order: Reconsidering War and the “Resource Curse†in Third World State Building," Politics & Society, , vol. 37(4), pages 479-520, December.
    3. Constantine, Collin & Khemraj, Tarron, 2025. "The monetary aspects of the Dutch disease," International Review of Economics & Finance, Elsevier, vol. 101(C).
    4. Artidiatun Adji & James Alm, 2016. "Testing for Ricardian Equivalence in Indonesia," Working Papers 1616, Tulane University, Department of Economics.
    5. Todd Schneider & Nabil Ben Ltaifa & Mr. Faisal Ahmed & Mr. Saade Chami, 2007. "Yemen: Exchange Rate Policy in the Face of Dwindling Oil Exports," IMF Working Papers 2007/005, International Monetary Fund.

  41. Charles Wyplosz & Jacques H. Drèze, 1988. "Une stratégie de croissance ambidextre pour l'Europe : l'autonomie par la coopération," Revue Économique, Programme National Persée, vol. 39(3), pages 627-640.
    See citations under working paper version above.
  42. Wyplosz, Charles, 1986. "Capital controls and balance of payments crises," Journal of International Money and Finance, Elsevier, vol. 5(2), pages 167-179, June.

    Cited by:

    1. Eichengreen, Barry, 1993. "International Monetary Arrangements for the 21st Century," Center for International and Development Economics Research (CIDER) Working Papers 233202, University of California-Berkeley, Department of Economics.
    2. Eichengreen, Barry, 1994. "History and Reform of the International Monetary System," Center for International and Development Economics Research (CIDER) Working Papers 233391, University of California-Berkeley, Department of Economics.
    3. Sylvester C. W. Eijffinger & Benedikt Goderis, 2007. "Currency Crises, Monetary Policy and Corporate Balance Sheets," German Economic Review, Verein für Socialpolitik, vol. 8(3), pages 309-343, August.
    4. Bernard Bensaïd & Olivier Jeanne, 1996. "Fragilité des systèmes de change fixe et contrôle des capitaux," Économie et Prévision, Programme National Persée, vol. 123(2), pages 163-174.
    5. Eichengreen, Barry, 1993. "Prerequisites for International Monetary Stability," Center for International and Development Economics Research (CIDER) Working Papers 233199, University of California-Berkeley, Department of Economics.
    6. Patrick Artus, 1992. "Passage à l'union économique et monétaire en Europe : effets sur la croissance et les politiques budgétaires," Économie et Prévision, Programme National Persée, vol. 106(5), pages 123-137.
    7. Maurice Obstfeld, 1984. "Speculative Attack and the External Constraint in a Maximizing Model of the Balance of Payments," NBER Working Papers 1437, National Bureau of Economic Research, Inc.
    8. Pierre-Richard Agenor & Jagdeep S. Bhandari & Robert P. Flood, 1991. "Speculative Attacks and Models of Balance-of-Payments Crises," NBER Working Papers 3919, National Bureau of Economic Research, Inc.
    9. Mr. Gian M Milesi-Ferretti & Assaf Razin, 1998. "Current Account Reversals and Currency Crises: Empirical Regularities," IMF Working Papers 1998/089, International Monetary Fund.
    10. Jeffrey A. Frankel & Giampaolo Galli & Alberto Giovannini, 1996. "Introduction to "The Microstructure of Foreign Exchange Markets"," NBER Chapters, in: The Microstructure of Foreign Exchange Markets, pages 1-18, National Bureau of Economic Research, Inc.
    11. Koopman, Robert B. & Arce, Hugh M. & Balistreri, Edward J. & Fox, Alan K., 2002. "Large Scale CGE Modeling at the United States International Trade Commission," Conference papers 331022, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    12. Eichengreen, Barry & Rose, Andrew K. & Wyplosz, Charles, 1995. "Is There a Safe Passage to EMU? Evidence on Capital Controls and a Proposal," Center for International and Development Economics Research (CIDER) Working Papers 233399, University of California-Berkeley, Department of Economics.
    13. Bai, Chong-en & Wei, Shang-Jin, 2001. "The quality of bureaucracy and capital account policies," Policy Research Working Paper Series 2575, The World Bank.
    14. Maurice Obstfeld, 1984. "Rational and Self-Fulfilling Balance-of-Payments Crises," NBER Working Papers 1486, National Bureau of Economic Research, Inc.
    15. Dorsainvil, Kathleen, 2001. "The parallel market as a policy instrument in collapsing exchange rate regimes," Journal of Economics and Business, Elsevier, vol. 53(1), pages 27-43.
    16. Eichengreen, Barry, 1994. "The Bretton Woods System: Paradise Lost?," Center for International and Development Economics Research (CIDER) Working Papers 233394, University of California-Berkeley, Department of Economics.
    17. Chong-En Bai & Shang-Jin Wei, 2000. "Quality of Bureaucracy and Open-Economy Macro Policies," NBER Working Papers 7766, National Bureau of Economic Research, Inc.
    18. Igor Velickovski, 2013. "Assessing independent monetary policy in small, open and euroized countries: evidence from Western Balkan," Empirical Economics, Springer, vol. 45(1), pages 137-156, August.
    19. Forsman, Mats-Ola, 2005. "Speculative Attacks on Nordic Exchange-Rates, 1971-1992," Working Papers in Economics 186, University of Gothenburg, Department of Economics.
    20. Klein, Michael W. & Marion, Nancy P., 1997. "Explaining the duration of exchange-rate pegs," Journal of Development Economics, Elsevier, vol. 54(2), pages 387-404, December.
    21. Karatas, B., 2014. "Financial crisis and monetary policy," Other publications TiSEM 41e463f0-e122-4379-8db5-6, Tilburg University, School of Economics and Management.
    22. Kitano, Shigeto, 2011. "Capital controls and welfare," Journal of Macroeconomics, Elsevier, vol. 33(4), pages 700-710.
    23. Axel A. Weber, 1998. "Sources of Currency Crises: An Empirical Analysis," Working Papers 25, Oesterreichische Nationalbank (Austrian Central Bank).
    24. Rose, Andrew K., 1996. "Explaining exchange rate volatility: an empirical analysis of 'the holy trinity' of monetary independence, fixed exchange rates, and capital mobility," Journal of International Money and Finance, Elsevier, vol. 15(6), pages 925-945, December.
    25. Mr. R. B. Johnston & Chris Ryan, 1994. "The Impact of Controlson Capital Movementson the Private Capital Accounts of Countries' Balance of Payments: Empirical Estimates and Policy Implications," IMF Working Papers 1994/078, International Monetary Fund.
    26. Hefeker, Carsten, 1995. "The political choice and collapse of fixed exchange rates," Discussion Papers, Series II 277, University of Konstanz, Collaborative Research Centre (SFB) 178 "Internationalization of the Economy".
    27. Patrick Artus, 1988. "Dynamique des actifs financiers et dévaluations avec endettement extérieur," Revue Économique, Programme National Persée, vol. 39(5), pages 973-998.
    28. Barry Eichengreen & Andrew K. Rose & Charles Wyplosz, 1994. "Speculative Attacks on Pegged Exchange Rates: An Empirical Exploration with Special Reference to the European Monetary System," NBER Working Papers 4898, National Bureau of Economic Research, Inc.
    29. Wyplosz, Charles, 1999. "Financial Restraints and Liberalization in Postwar Europe," CEPR Discussion Papers 2253, Centre for Economic Policy Research.
    30. Piersanti, Giovanni, 2012. "The Macroeconomic Theory of Exchange Rate Crises," OUP Catalogue, Oxford University Press, number 9780199653126.
    31. Patrick Artus & Claude Jessua, 1996. "La spéculation," Revue Économique, Programme National Persée, vol. 47(3), pages 409-424.
    32. Yang Zhou & Shigeto Kitano, 2025. "Capital Flow Management Measures and Capital Flows: Evidence from India," Discussion Paper Series DP2025-35, Research Institute for Economics & Business Administration, Kobe University, revised Mar 2026.
    33. Alberto Alesina & Vittorio Grilli & Gian Maria Milesi-Ferretti, 1993. "The Political Economy of Capital Controls," NBER Working Papers 4353, National Bureau of Economic Research, Inc.
    34. Willman, Alpo, 1988. "Devaluation expectations and speculative attacks on the currency," Bank of Finland Research Discussion Papers 8/1988, Bank of Finland.
    35. Lehment, Harmen, 1994. "Speculative pressure in the EMS: the role of capacity-related exchange-rate expectations," Kiel Working Papers 627, Kiel Institute for the World Economy.

  43. Francesco Giavazzi & Charles Wyplosz, 1985. "The Zero Root Problem: A Note on the Dynamic Determination of the Stationary Equilibrium in Linear Models," The Review of Economic Studies, Review of Economic Studies Ltd, vol. 52(2), pages 353-357.

    Cited by:

    1. Ligthart, J.E. & van der Meijden, G.C., 2011. "The Dynamics of Revenue-Neutral Trade Liberalization," Other publications TiSEM 1d95686d-f518-4a0e-aad6-3, Tilburg University, School of Economics and Management.
    2. van de Klundert, T.C.M.J. & van Schaik, A.B.T.M., 1990. "Unemployment persistence and loss of productive capacity : A Keynesian approach," Other publications TiSEM b1c9d97b-95eb-4a09-ae64-b, Tilburg University, School of Economics and Management.
    3. Philip L. Brock, 2009. "Collateral Constraints and Macroeconomic Adjustment in an Open Economy," Working Papers UWEC-2009-03, University of Washington, Department of Economics.
    4. Laffargue, J.-P.Jean-Pierre, 2004. "A sufficient condition for the existence and the uniqueness of a solution in macroeconomic models with perfect foresight," Journal of Economic Dynamics and Control, Elsevier, vol. 28(10), pages 1955-1975, September.
    5. Daisuke Miyashita, 2023. "Public debt and income inequality in an endogenous growth model with elastic labor supply," International Journal of Economic Policy Studies, Springer, vol. 17(2), pages 447-472, August.
    6. Philippe Michel & Antoine d'Autume, 1993. "Hystérésis et piège du sous-développement dans un modèle de croissance endogène," Revue Économique, Programme National Persée, vol. 44(2), pages 431-450.
    7. van de Klundert, T.C.M.J. & van Schaik, A.B.T.M., 1990. "Liquidity constraints and the Keynesian corridor," Other publications TiSEM bb09d011-093e-44f5-a5f2-6, Tilburg University, School of Economics and Management.
    8. Sasaki, Hiroaki, 2012. "Is the long-run equilibrium wage-led or profit-led? A Kaleckian approach," Structural Change and Economic Dynamics, Elsevier, vol. 23(3), pages 231-244.
    9. Marc-Andre Letendre, 2000. "Linear Approximation Methods and International Real Business Cycles with Incomplete Asset Markets," Econometric Society World Congress 2000 Contributed Papers 1539, Econometric Society.
    10. Antoine d'Autume, 1992. "Coïntégration et modèles dynamiques," Économie et Prévision, Programme National Persée, vol. 106(5), pages 71-83.
    11. Amable, Bruno & Henry, J. & Lordon, F. & Topol, R., 1992. "Hysteresis : what it is and what it is not ?," CEPREMAP Working Papers (Couverture Orange) 9216, CEPREMAP.
    12. Loïc Cadiou & Stéphane Dées & Jean-Pierre Laffargue, 2000. "A computable General Equilibrium Model with Vintage Capital," Working Papers 2000-20, CEPII research center.
    13. Ben J. Heijdra & Jenny Ligthart, 2006. "The Transitional Dynamics of Fiscal Policy in Small Open Economies," CESifo Working Paper Series 1777, CESifo.
    14. van de Klundert, T.C.M.J. & van Schaik, A.B.T.M., 1990. "Liquidity constraints and the Keynesian corridor," Research Memorandum FEW 429, Tilburg University, School of Economics and Management.
    15. Thomas M. Steger, 2003. "On the Mechanics of Economic Convergence," CER-ETH Economics working paper series 03/25, CER-ETH - Center of Economic Research (CER-ETH) at ETH Zurich.
    16. Váry, Miklós, 2018. "A hiszterézis közgazdasági jelentőségéről posztkeynesi szemléletben [The economic relevance of hysteresis from a post-Keynesian perspective]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(10), pages 1006-1047.
    17. Springer, K.A., 1989. "Wage rigidity and the persistence of unemployment," Serie Research Memoranda 0041, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
    18. Laffargue, Jean-Pierre, 1999. "Les conditions de Blanchard et Kahn dans un modèle macro-économétrique à anticipations parfaites," CEPREMAP Working Papers (Couverture Orange) 9921, CEPREMAP.
    19. Schmidt-Hebbel, Klaus & Serven, Luis, 1992. "Dynamic response to foreign transfers and terms-of-trade shocks in open economies," Policy Research Working Paper Series 1061, The World Bank.
    20. Michael Reutter, 2000. "Hysteresis in West German Unemployment Reconsidered," CESifo Working Paper Series 240, CESifo.
    21. Möller, Joachim, 1988. "Identifying the causes of unemployment: Estimation and control of a small macroeconomic model," Discussion Papers, Series I 236, University of Konstanz, Department of Economics.
    22. Alejandro Cunat & Marco Maffezzoli, 2004. "Hecksher-Ohlin Business Cycles," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 7(3), pages 555-585, July.
    23. Rod Cross & Julia Darby & Jonathan Ireland & Laura Piscitelli, 1999. "Hysteresis and Unemployment: a Preliminary Investigation," Computing in Economics and Finance 1999 721, Society for Computational Economics.
    24. Cepii & Cepremap, 2001. "MARMOTTE : a Multinational Model," Working Papers 2001-15, CEPII research center.
    25. Alessandra Pelloni, 1993. "Long-run consequences of finite exchange rate bubbles," Open Economies Review, Springer, vol. 4(1), pages 5-26, March.
    26. Olivier, CARDI, 2005. "The Zero-Root Property : Permanent vs Temporary Terms of Trade Shocks," Discussion Papers (ECON - Département des Sciences Economiques) 2005030, Université catholique de Louvain, Département des Sciences Economiques.
    27. van de Klundert, T.C.M.J. & van Schaik, A.B.T.M., 1990. "Unemployment persistence and loss of productive capacity : A Keynesian approach," Other publications TiSEM 186d7b1e-4d04-4728-b807-d, Tilburg University, School of Economics and Management.
    28. Koichi Futagami & Akihiko Kaneko & Yoshiyasu Ono & Akihisa Shibata, 2008. "International Asset Trade, Capital Income Taxation, and Specialization Patterns," Journal of Public Economic Theory, Association for Public Economic Theory, vol. 10(5), pages 743-763, October.
    29. Alberto Petrucci, 2004. "Asset Accumulation, Fertility Choice and Nondegenerate Dynamics in a Small Open Economy," Working Papers 2004.121, Fondazione Eni Enrico Mattei.
    30. bruno amable & jerome henry & frederic lordon & richard topol, 2005. "Complex Remanence vs. Simple Persistence: Are Hysteresis and Unit-Root Processes observationally equivalent?," Computational Economics 0501001, University Library of Munich, Germany.
    31. Giuseppe Fontana & Alfonso Palacio‐Vera, 2007. "Are Long‐Run Price Stability And Short‐Run Output Stabilization All That Monetary Policy Can Aim For?," Metroeconomica, Wiley Blackwell, vol. 58(2), pages 269-298, May.
    32. Alfonso Palacio Vera, 2008. "Money wage rigidity, monopoly power and hysteresis," Documentos de trabajo de la Facultad de Ciencias Económicas y Empresariales 08-02, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales.
    33. Luis-Felipe Zanna, 2003. "Interest rate rules and multiple equilibria in the small open economy," International Finance Discussion Papers 785, Board of Governors of the Federal Reserve System (U.S.).

  44. Wyplosz, Charles A., 1983. "The exchange and interest rate term structure under risk aversion and rational expectations," Journal of International Economics, Elsevier, vol. 14(1-2), pages 123-139, February.

    Cited by:

    1. Eric Bleuze, 1988. "L'interdépendance des économies en change flexible : les apports d'une maquette dynamique," Post-Print hal-01304325, HAL.
    2. Henri Sterdyniak & Éric Bleuze, 1988. "L'interdépendance des économies en change flexible : les apports d'une maquette dynamique," Revue Économique, Programme National Persée, vol. 39(5), pages 999-1034.
    3. Harvey Lapan, 1984. "Exchange rate determination and real interest rate differentials under uncertainty," International Finance Discussion Papers 232, Board of Governors of the Federal Reserve System (U.S.).

  45. Giavazzi, Francesco & Odekon, Mehmet & Wyplosz, Charles, 1982. "Simulating an oil shock with sticky prices," European Economic Review, Elsevier, vol. 18(1), pages 11-33.

    Cited by:

    1. Schmidt-Hebbel, Klaus & Serven, Luis, 1995. "Fiscal and monetary contraction in Chile : a rational-expectations approach," Policy Research Working Paper Series 1472, The World Bank.
    2. Pierre-Yves Hénin, 1983. "L'impact macro-économique d'un choc pétrolier," Revue Économique, Programme National Persée, vol. 34(5), pages 865-896.
    3. Schmidt-Hebbel, Klaus & Serven, Luis, 1992. "Dynamic response to foreign transfers and terms-of-trade shocks in open economies," Policy Research Working Paper Series 1061, The World Bank.
    4. Francesco Giavazzi & Charles Wyplosz, 1984. "The Real Exchange Rate, the Current Account, and the Speed of Adjustment," NBER Chapters, in: Exchange Rate Theory and Practice, pages 335-356, National Bureau of Economic Research, Inc.
    5. Philippe Michel & Antoine d'Autume, 1985. "Epargne, investissement et monnaie dans une perspective intertemporelle," Revue Économique, Programme National Persée, vol. 36(2), pages 243-290.

  46. Blanchard, Olivier J. & Wyplosz, Charles, 1981. "An empirical structural model of aggregate demand," Journal of Monetary Economics, Elsevier, vol. 7(1), pages 1-28.

    Cited by:

    1. Steven Fazzari & R. Glenn Hubbard & Bruce C. Petersen, 1987. "Financing Constraints and Corporate Investment," NBER Working Papers 2387, National Bureau of Economic Research, Inc.
    2. Andrew B. Abel & Olivier J. Blanchard, 1983. "The Present Value of Profits and Cyclical Movements in Investment," NBER Working Papers 1122, National Bureau of Economic Research, Inc.
    3. Yongkul Won, 2008. "Exchange Rate Changes and Income Distribution," Korean Economic Review, Korean Economic Association, vol. 24, pages 73-104.
    4. Victor Zarnowitz, 1984. "Recent Work on Business Cycles in Historical Perspective: Review of Theories and Evidence," NBER Working Papers 1503, National Bureau of Economic Research, Inc.
    5. Robert S. Chirinko, 1986. "Tobin's Q and Financial Policy," NBER Working Papers 2082, National Bureau of Economic Research, Inc.
    6. Andrew B. Abel, 1988. "Consumption and Investment," NBER Working Papers 2580, National Bureau of Economic Research, Inc.

Chapters

  1. Charles Wyplosz, 2020. "Covid Economics - A new kind of publication," CEPR Press Book Chapters, in: Sebastian Galliani & Ugo Panizza (ed.), Publishing and Measuring Success in Economics, edition 1, volume 1, chapter 1, pages 147-157, Centre for Economic Policy Research.

    Cited by:

    1. David E. Bloom & Michael Kuhn & Klaus Prettner, 2020. "Modern Infectious Diseases: Macroeconomic Impacts and Policy Responses," Working Papers 2020-17, The George Washington University, Institute for International Economic Policy.

  2. Charles Wyplosz, 2012. "Fiscal Rules: Theoretical Issues and Historical Experiences," NBER Chapters, in: Fiscal Policy after the Financial Crisis, pages 495-525, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  3. Pierre Gosselin & Aileen Lotz & Charles Wyplosz, 2009. "Interest Rate Signals and Central Bank Transparency," NBER Chapters, in: NBER International Seminar on Macroeconomics 2007, pages 9-51, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  4. Olivier Jeanne & Charles Wyplosz, 2003. "The International Lender of Last Resort. How Large Is Large Enough?," NBER Chapters, in: Managing Currency Crises in Emerging Markets, pages 89-124, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  5. Charles Wyplosz, 2001. "A Monetary Union in Asia? Some European Lessons," RBA Annual Conference Volume (Discontinued), in: David Gruen & John Simon (ed.),Future Directions for Monetary Policies in East Asia, Reserve Bank of Australia.
    See citations under working paper version above.
  6. Barry Eichengreen & Andrew K. Rose & Charles Wyplosz, 1996. "Is There a Safe Passage to EMU? Evidence on Capital Controls and a Proposal," NBER Chapters, in: The Microstructure of Foreign Exchange Markets, pages 303-332, National Bureau of Economic Research, Inc.
    See citations under working paper version above.
  7. David Begg & Charles Wyplosz, 1987. "Why the EMS? Dynamic Games and the Equilibrium Policy Regime," International Economic Association Series, in: Ralph C. Bryant & Richard Portes (ed.), Global Macroeconomics: Policy Conflict and Cooperation, chapter 6, pages 193-236, Palgrave Macmillan.

    Cited by:

    1. Bernard Bensaïd & Olivier Jeanne, 1996. "Fragilité des systèmes de change fixe et contrôle des capitaux," Économie et Prévision, Programme National Persée, vol. 123(2), pages 163-174.
    2. Michele Fratianni & Juergen Hagen, 1990. "German dominance in the EMS," Open Economies Review, Springer, vol. 1(1), pages 67-87, February.
    3. Christian Bordes & Éric Girardin & Velayoudom Marimoutou, 1996. "Le nouveau SME est-il plus asymétrique que l'ancien ?," Économie et Prévision, Programme National Persée, vol. 123(2), pages 175-188.
    4. Bensaid, Bernard & Jeanne, Olivier, 1997. "The instability of fixed exchange rate systems when raising the nominal interest rate is costly," European Economic Review, Elsevier, vol. 41(8), pages 1461-1478, August.
    5. van der Ploeg, F., 1990. "Macroeconomic policy coordination during the various phases of economic and monetary integration in Europe," Other publications TiSEM 11b9434e-5399-4b27-81ed-e, Tilburg University, School of Economics and Management.
    6. Garcia Rocabado, Daniel, 2010. "The road to monetary union in Latin America: An EMS-type fixed exchange rate system as an intermediate step," W.E.P. - Würzburg Economic Papers 85, University of Würzburg, Department of Economics.
    7. Olivier Jeanne, 1996. "Les modèles de crise de change : un essai de synthèse en relation avec la crise du franc de 1992-1993," Économie et Prévision, Programme National Persée, vol. 123(2), pages 147-162.

  8. Francesco Giavazzi & Charles Wyplosz, 1984. "The Real Exchange Rate, the Current Account, and the Speed of Adjustment," NBER Chapters, in: Exchange Rate Theory and Practice, pages 335-356, National Bureau of Economic Research, Inc.
    See citations under working paper version above.

Books

  1. Burda, Michael & Wyplosz, Charles, 2017. "Macroeconomics: a European Text," OUP Catalogue, Oxford University Press, edition 7, number 9780198737513.

    Cited by:

    1. Polterovich, Victor, 2013. "Реформа Ран: Экспертный Анализ: Часть I. Реформа Ран: Проект Минобрнауки [Reform of the Russian Academy of Sciences: An Expert Analysis: Part I. Reform of the Russian Academy of Sciences: a project of the Ministry of Education and Science]," MPRA Paper 49291, University Library of Munich, Germany.
    2. Bolh, Nathalie & Wendner, Ronald, 2021. "Conspicuous leisure, time allocation, and obesity Kuznets curves," MPRA Paper 108644, University Library of Munich, Germany.
    3. Moustfa Ismael Khaleel & Ahmed Younis Jabbar & Maha Kalai & Rima Aloulou & Kamel Helali, 2024. "An Applied Study of the Symmetric and Asymmetric Impact of Oil Prices and International Financial Markets on Economic Growth in Iraq," International Journal of Energy Economics and Policy, International Journal of Energy Economics and Policy, vol. 14(4), pages 66-80, July.
    4. Cendejas Bueno, José Luis, 2016. "Estática comparativa e indeterminación de signos en un modelo macroeconómico neoclásico sencillo [Comparative statics and sign indeterminacy in a simple neoclassical macroeconomic model]," MPRA Paper 75481, University Library of Munich, Germany.
    5. Katja Mann, 2015. "The EU, a Growth Engine? The Impact of European Integration on Economic Growth in Central Eastern Europe," FIW Working Paper series 136, FIW.
    6. Apostolou, Apostolos & Beirne, John, 2019. "Volatility spillovers of unconventional monetary policy to emerging market economies," Economic Modelling, Elsevier, vol. 79(C), pages 118-129.
    7. José María López Morales & María Jesús Such Devesa, 2017. "Business cycle and external dependence on tourism," Tourism Economics, , vol. 23(1), pages 187-199, February.
    8. Ansgar Belke, 2013. "Impact of a Low Interest Rate Environment – Global Liquidity Spillovers and the Search-for-yield," ROME Working Papers 201305, ROME Network.
    9. Kostis, Pantelis C. & Kafka, Kyriaki I. & Petrakis, Panagiotis E., 2018. "Cultural change and innovation performance," Journal of Business Research, Elsevier, vol. 88(C), pages 306-313.
    10. Tomas Kögel, 2005. "On Substituting Consumption Taxes for Unemployment Insurance Contributions to Reduce Unemployment," Discussion Paper Series 2005_11, Department of Economics, Loughborough University, revised Sep 2005.
    11. Uddfeldt, Arvid, 2021. "The economic effect of the 2015 Refugee Crisis in Sweden: Jobs, Crimes, Prices and Voter turnout," SocArXiv 7yrxq, Center for Open Science.
    12. Paul De Grauwe, 2012. "Lectures on Behavioral Macroeconomics," Economics Books, Princeton University Press, edition 1, volume 1, number 9891, December.
    13. Bofinger, Peter & Schnabel, Isabel & Feld, Lars P. & Schmidt, Christoph M. & Wieland, Volker, 2017. "Für eine zukunftsorientierte Wirtschaftspolitik. Jahresgutachten 2017/18 [Towards a Forward-Looking Economic Policy. Annual Report 2017/18]," Annual Economic Reports / Jahresgutachten, German Council of Economic Experts / Sachverständigenrat zur Begutachtung der gesamtwirtschaftlichen Entwicklung, volume 127, number 201718.
    14. Baum, Rafał, 2021. "Sustainable Development – A Modern Understanding of the Concept," Roczniki (Annals), Polish Association of Agricultural Economists and Agribusiness - Stowarzyszenie Ekonomistow Rolnictwa e Agrobiznesu (SERiA), vol. 2021(2).
    15. Prante, Franz J. & Barmucci, Alessandro & Hein, Eckhard & Truger, Achim, 2019. "Interactive macroeconomics: A pluralist simulator," IPE Working Papers 117/2019, Berlin School of Economics and Law, Institute for International Political Economy (IPE).
    16. Robert J. MacCulloch & Rafael Di Tella & Andrew J. Oswald, 2001. "Preferences over Inflation and Unemployment: Evidence from Surveys of Happiness," American Economic Review, American Economic Association, vol. 91(1), pages 335-341, March.
    17. Vujica Lazovic & Biljana Rondovic & Danijela Lazovic & Tamara Djurickovic, 2021. "Is Economic Theory, Presented in Basic Academic Textbooks, Applicable to the Digital Economy?," Sustainability, MDPI, vol. 13(22), pages 1-23, November.
    18. Brühl, Volker & Walz, Uwe, 2015. "Das anhaltende Niedrigzinsumfeld in Deutschland," CFS Working Paper Series 506, Center for Financial Studies (CFS).
    19. Burda, Michael C., 2013. "The European debt crisis: How did we get into this mess? How can we get out of it?," SFB 649 Discussion Papers 2013-019, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    20. Teuta ISMAILI-MUHARREMI, 2015. "Factors Affecting Current Account in the Balance of Payments of Selected Western Balkan Countries," The Journal of Accounting and Management, Danubius University of Galati, issue 3, pages 61-68, December.
    21. S. S. Abere & T. O. Akinbobola, 2020. "External Shocks, Institutional Quality, and Macroeconomic Performance in Nigeria," SAGE Open, , vol. 10(2), pages 21582440209, May.
    22. János Gács, 2003. "Transition, EU Accession and Structural Convergence," Empirica, Springer;Austrian Institute for Economic Research;Austrian Economic Association, vol. 30(3), pages 271-303, September.
    23. Natacha Gilson, 2006. "How to be Well Shod to Absorb Shocks? Shock Synchronization and Joining the Euro Zone," CESifo Working Paper Series 1878, CESifo.
    24. Timon Scheuer, 2018. "Computational Agents, Design and Innovative Behaviour: Hetero Economicus," Economic Thought, World Economics Association, vol. 7(2), pages 82-96, November.
    25. Gérard Duchêne & Ramona Jimborean & Boris Najman, 2006. "Structure of Monetary Assets in Transition Economies: Financial Innovation and Structural Transformation," Université Paris1 Panthéon-Sorbonne (Post-Print and Working Papers) hal-00270544, HAL.
    26. Christian Reiner & Christian Bellak, 2023. "Hat die ökonomische Macht von Unternehmen in Österreich zugenommen? Teil 2," Wirtschaft und Gesellschaft - WuG, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik, vol. 49(2), pages 17-76.
    27. Hannu Laurila, 2022. "Cash Money as a Saving Mode," Working Papers 2235, Tampere University, Faculty of Management and Business, Economics.
    28. Schneider, Dorothee, 2011. "The labor share: A review of theory and evidence," SFB 649 Discussion Papers 2011-069, Humboldt University Berlin, Collaborative Research Center 649: Economic Risk.
    29. Apostolou, Apostolos & Beirne, John, 2017. "Volatility spillovers of Federal Reserve and ECB balance sheet expansions to emerging market economies," Working Paper Series 2044, European Central Bank.
    30. Móczár, József, 2014. "Rendszerváltás és közgazdaság-tudomány [Systemic change and economics]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 220-227.
    31. Etro, Federico, 2017. "Research in economics and macroeconomics," Research in Economics, Elsevier, vol. 71(3), pages 373-383.
    32. Barry Eichengreen & Douglas A. Irwin, 1993. "Trade Blocs, Currency Blocs and the Disintegration of World Trade in the 1930s," NBER Working Papers 4445, National Bureau of Economic Research, Inc.
    33. Ludek Kouba & Michal Madr & Danuse Nerudova & Petr Rozmahel, 2016. "Policy Autonomy, Coordination or Harmonization in the Persistently Heterogeneous European Union?," DANUBE: Law and Economics Review, European Association Comenius - EACO, issue 1, pages 53-71, March.
    34. Elen Paraskevi Paraschi & Antonios Georgopoulos, 2020. "Austerity HRM practices, work deterioration and possible recovery policies: A cross-European survey in the airport workplace," Economic and Industrial Democracy, Department of Economic History, Uppsala University, Sweden, vol. 41(4), pages 860-886, November.
    35. Charles Wyplosz, 1997. "EMU: Why and How It Might Happen," Journal of Economic Perspectives, American Economic Association, vol. 11(4), pages 3-21, Fall.
    36. Wyplosz, Charles, 1999. "Financial Restraints and Liberalization in Postwar Europe," CEPR Discussion Papers 2253, Centre for Economic Policy Research.
    37. Stefan Gerlach, 1995. "Testing the quantity theory using long-run averaged cross-country data," BIS Working Papers 31, Bank for International Settlements.
    38. Michael C. Burda & Daniel S. Hamermesh & Jay Stewart, 2013. "Cyclical Variation in Labor Hours and Productivity Using the ATUS," American Economic Review, American Economic Association, vol. 103(3), pages 99-104, May.
    39. Emmanuel Yeboah Lartey & Alhassan Musah & Bismark Okyere & Abdul-Nasir Yusif, 2018. "Public Debt and Economic Growth: Evidence From Africa," International Journal of Economics and Financial Issues, International Journal of Economics and Financial Issues, vol. 8(6), pages 35-45.
    40. Charles Wyplosz, 2011. "Debt Sustainability Assessment: Mission Impossible," Review of Economics and Institutions, Università di Perugia, vol. 2(3).
    41. Ansgar Belke & Florian Verheyen, 2014. "The Low-Interest-Rate Environment, Global Liquidity Spillovers and Challenges for Monetary Policy Ahead," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 56(2), pages 313-334, June.
    42. Manfred Gärtner & Florian Jung, 2011. "The Macroeconomics of Financial Crises: How Risk Premiums and Liquidity Traps Affect Policy Options," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 17(1), pages 12-27, February.
    43. Yeh, Kuo-chun, 2017. "Asset price targeting in an open economy with cognitive limitations: The best for macroeconomic and financial stability?," The North American Journal of Economics and Finance, Elsevier, vol. 39(C), pages 288-299.
    44. Ludek Kouba & Michal Mádr & Danuše Nerudová & Petr Rozmahel, 2015. "Policy Autonomy, Coordination or Harmonisation in the Persistently Heterogeneous European Union? WWWforEurope Working Paper No. 95," WIFO Studies, WIFO, number 58136.
    45. Belke, Ansgar, 2010. "The Euro Area Crisis Management Framework – Consequences and Institutional Follow-ups," Ruhr Economic Papers 207, RWI - Leibniz-Institut für Wirtschaftsforschung, Ruhr-University Bochum, TU Dortmund University, University of Duisburg-Essen.

  2. Kawai, Masahiro & Park, Yung Chul & Wyplosz, Charles (ed.), 2015. "Monetary and Financial Cooperation in East Asia: The State of Affairs After the Global and European Crises," OUP Catalogue, Oxford University Press, number 9780198714156.

    Cited by:

    1. Robert B. Kahn & Ellen E. Meade, 2016. "International Aspects of Central Banking : Diplomacy and Coordination," Finance and Economics Discussion Series 2016-062, Board of Governors of the Federal Reserve System (U.S.).
    2. Barbara Fritz & Laurissa Mühlich, 2019. "Regional Financial Arrangements in the Global Financial Safety Net: The Arab Monetary Fund and the Eurasian Fund for Stabilization and Development," Development and Change, International Institute of Social Studies, vol. 50(1), pages 96-121, January.
    3. Hudec Martin, 2018. "A Search for an Optimum Currency Area," Studia Commercialia Bratislavensia, Paradigm, vol. 11(39), pages 75-90, June.
    4. Jamshaid ur Rehman & Tasneem Zafar & Shabbir Ahmad & Aftab Anwar, 2022. "In Search of Common Currency Anchor for ASEAN+3+3 Countries," Journal of Policy Research (JPR), Research Foundation for Humanity (RFH), vol. 8(3), pages 237-264, September.
    5. Jamshaid Ur Rehman & Muhammad Nadeem Javaid & Nisar Ahmad, 2025. "Prospects for connectivity and integration between Pakistan and ASEAN + 3 + 3 countries through the lens of optimal currency area theory," Quality & Quantity: International Journal of Methodology, Springer, vol. 59(3), pages 2825-2859, June.
    6. Laurissa Mühlich & Barbara Fritz, 2021. "Borrowing Patterns in the Global Financial Safety Net: Does Governance Play a Role?," Global Policy, London School of Economics and Political Science, vol. 12(S4), pages 47-68, May.

  3. Halpern,László & Wyplosz,Charles (ed.), 2011. "Hungary: Towards a Market Economy," Cambridge Books, Cambridge University Press, number 9780521142700.

    Cited by:

    1. Blagica Novkovska, 2016. "How Strongly The Hidden Economy Of A Small Country Can Be Influenced By Drastic Events: Case Of Macedonia," UTMS Journal of Economics, University of Tourism and Management, Skopje, Macedonia, vol. 7(2), pages 187-195.
    2. Novkovska Blagica & Dumičić Ksenija, 2018. "Energy Consumption as an Indicator of Hidden Economy: Comparative Analysis," Business Systems Research, Paradigm, vol. 9(2), pages 96-107, July.
    3. Novkovska, B. & Novkovski, N., 2018. "Energy consumption and hidden economy in Macedonia: Causes and responses," Journal of Policy Modeling, Elsevier, vol. 40(1), pages 166-181.

  4. Park, Yung Chul & Wyplosz, Charles, 2010. "Monetary and Financial Integration in East Asia: The Relevance of European Experience," OUP Catalogue, Oxford University Press, number 9780199587124.
    See citations under working paper version above.
  5. Eichengreen, Barry & Park, Yung Chul & Wyplosz, Charles (ed.), 2008. "China, Asia, and the New World Economy," OUP Catalogue, Oxford University Press, number 9780199235889.

    Cited by:

    1. Cunado, Juncal & Jo, Soojin & Perez de Gracia, Fernando, 2015. "Macroeconomic impacts of oil price shocks in Asian economies," Energy Policy, Elsevier, vol. 86(C), pages 867-879.
    2. Zhen Zhu & Federica Cerina & Alessandro Chessa & Guido Caldarelli & Massimo Riccaboni, 2014. "The Rise of China in the International Trade Network: A Community Core Detection Approach," PLOS ONE, Public Library of Science, vol. 9(8), pages 1-8, August.
    3. Ahmed, Khalid & Bhutto, Niaz Ahmed & Kalhoro, Muhammad Ramzan, 2019. "Decomposing the links between oil price shocks and macroeconomic indicators: Evidence from SAARC region," Resources Policy, Elsevier, vol. 61(C), pages 423-432.
    4. Juncal Cunado & Soojin Jo & Fernando Perez de Gracia, 2015. "Revisiting the Macroeconomic Impact of Oil Shocks in Asian Economies," Staff Working Papers 15-23, Bank of Canada.
    5. Jacopo Timini, 2017. "Currency unions and heterogeneous trade effects: the case of the latin monetary union," Working Papers 1739, Banco de España.
    6. Wei Jin, 2012. "Can Technological Innovation Help China Take on Its Climate Responsibility? A Computable General Equilibrium Analysis," CAMA Working Papers 2012-51, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    7. Muhammad Arshad Khan & Muhammad Iftikhar Ul Husnain & Qaisar Abbas & Syed Zulfiqar Ali Shah, 2019. "Asymmetric effects of oil price shocks on Asian economies: a nonlinear analysis," Empirical Economics, Springer, vol. 57(4), pages 1319-1350, October.
    8. Hernandez, Ariel, 2021. "SDG-aligned futures and the governance of the transformation to sustainability reconsidering governance perspectives on the futures we aspire to," IDOS Discussion Papers 30/2021, German Institute of Development and Sustainability (IDOS).

  6. Eichengreen, Barry & Park, Yung Chul & Wyplosz, Charles (ed.), 2008. "China, Asia, and the New World Economy," OUP Catalogue, Oxford University Press, number 9780199235896.

    Cited by:

    1. Cunado, Juncal & Jo, Soojin & Perez de Gracia, Fernando, 2015. "Macroeconomic impacts of oil price shocks in Asian economies," Energy Policy, Elsevier, vol. 86(C), pages 867-879.
    2. Zhen Zhu & Federica Cerina & Alessandro Chessa & Guido Caldarelli & Massimo Riccaboni, 2014. "The Rise of China in the International Trade Network: A Community Core Detection Approach," PLOS ONE, Public Library of Science, vol. 9(8), pages 1-8, August.
    3. Nilufer Ozdemir, 2012. "Emerging Market Countries’ Access to International Financial Markets," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 18(2), pages 215-226, May.
    4. Ahmed, Khalid & Bhutto, Niaz Ahmed & Kalhoro, Muhammad Ramzan, 2019. "Decomposing the links between oil price shocks and macroeconomic indicators: Evidence from SAARC region," Resources Policy, Elsevier, vol. 61(C), pages 423-432.
    5. Juncal Cunado & Soojin Jo & Fernando Perez de Gracia, 2015. "Revisiting the Macroeconomic Impact of Oil Shocks in Asian Economies," Staff Working Papers 15-23, Bank of Canada.
    6. Jacopo Timini, 2017. "Currency unions and heterogeneous trade effects: the case of the latin monetary union," Working Papers 1739, Banco de España.
    7. Wei Jin, 2012. "Can Technological Innovation Help China Take on Its Climate Responsibility? A Computable General Equilibrium Analysis," CAMA Working Papers 2012-51, Centre for Applied Macroeconomic Analysis, Crawford School of Public Policy, The Australian National University.
    8. Muhammad Arshad Khan & Muhammad Iftikhar Ul Husnain & Qaisar Abbas & Syed Zulfiqar Ali Shah, 2019. "Asymmetric effects of oil price shocks on Asian economies: a nonlinear analysis," Empirical Economics, Springer, vol. 57(4), pages 1319-1350, October.
    9. Hernandez, Ariel, 2021. "SDG-aligned futures and the governance of the transformation to sustainability reconsidering governance perspectives on the futures we aspire to," IDOS Discussion Papers 30/2021, German Institute of Development and Sustainability (IDOS).

  7. Wyplosz, Charles, 2006. "Regional exchange rate arrangements: the European experience," Copublicaciones, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), number 1927, February.

    Cited by:

    1. José Antonio Ocampo & Stephany Griffith-Jones, 2007. "A counter-cyclical framework for a development-friendly international financial architecture," Working Papers 39, United Nations, Department of Economics and Social Affairs.

  8. Adhikari, Ramesh & Negroni, Mirka J. & Leino, Jessica & Rana, P. B. & Nguyen, Tam Robert & Rey de Marulanda, Nohra & Kremer, Michael & Rodríguez, Ennio & Arce M., Daniel G. & Sandler, Todd & Bronfman,, 2003. "Regional Public Goods: From Theory to Practice," IDB Publications (Books), Inter-American Development Bank, number 260.

    Cited by:

    1. Youwei Yuan & Lanying Du & Xiumei Li & Fan Chen, 2022. "An Evolutionary Game Model of the Supply Decisions between GNPOs and Hospitals during a Public Health Emergency," Sustainability, MDPI, vol. 14(3), pages 1-23, January.

  9. Wyplosz, Charles (ed.), 2001. "The Impact of EMU on Europe and the Developing Countries," OUP Catalogue, Oxford University Press, number 9780199245314.

    Cited by:

    1. Massimiliano Affinito, 2011. "Convergence clubs, the euro-area rank and the relationship between banking and real convergence," Temi di discussione (Economic working papers) 809, Bank of Italy, Economic Research and International Relations Area.
    2. Elżbieta Bednarek-Sekunda & Richard Jong-A-Pin & Jakob de Haan, 2010. "The European Economic and Monetary Union and Labour Market Reform," European Union Politics, , vol. 11(1), pages 3-27, March.
    3. Michael Evers, 2006. "Federal fiscal transfers in monetary unions: A NOEM approach," International Tax and Public Finance, Springer;International Institute of Public Finance, vol. 13(4), pages 463-488, August.
    4. Angelo Baglioni & Andrea Boitani & Massimo Bordignon, 2015. "Labor Mobility and Fiscal Policy in a Currency Union," CESifo Working Paper Series 5159, CESifo.
    5. Louis Jaeck & Sehjeong Kim, 2014. "The Impact of EMU Enlargement on Structural Reforms: A Political Economy Approach," International Advances in Economic Research, Springer;International Atlantic Economic Society, vol. 20(1), pages 73-86, February.
    6. Alex Cukierman, 2002. "Are contemporary central banks transparent about economic models and objectives and what difference does it make?," Review, Federal Reserve Bank of St. Louis, vol. 84(Jul), pages 15-36.
    7. Matthaei, Stephan & Stähler, Nikolai, 2016. "Macroeconomic implications of the German financial equalization system," VfS Annual Conference 2016 (Augsburg): Demographic Change 145695, Verein für Socialpolitik / German Economic Association.
    8. Eijffinger, Sylvester & Tesfaselassie, Mewael F., 2005. "Central Bank Forecasts and Disclosure Policy: Why it Pays to be Optimistic," CEPR Discussion Papers 4854, Centre for Economic Policy Research.
    9. Jaap W. B. Bos & Claire Economidou & Lu Zhang, 2020. "Specialization in the presence of trade and financial openness," Empirical Economics, Springer, vol. 58(6), pages 2783-2816, June.
    10. João Amador & José R. Maria & Sónia Cabral, 2007. "International Trade Patterns over the Last Four Decades: How does Portugal Compare with other Cohesion Countries?," Working Papers w200714, Banco de Portugal, Economics and Research Department.
    11. Uhlig, H.F.H.V.S., 2002. "One Money, But Many Fiscal Policies in Europe : What are the Consequences?," Other publications TiSEM f2cdcc6c-329f-4ae6-915b-2, Tilburg University, School of Economics and Management.
    12. Begg, David, 2002. "Growth, integration, and macroeconomic policy design: Some lessons for Latin America," The North American Journal of Economics and Finance, Elsevier, vol. 13(3), pages 279-295, December.
    13. Evers, Michael P., 2015. "Fiscal federalism and monetary unions: A quantitative assessment," Journal of International Economics, Elsevier, vol. 97(1), pages 59-75.
    14. Jinill Kim & Sunghyun Kim, 2017. "How much to share: Welfare effects of fiscal transfers," Canadian Journal of Economics, Canadian Economics Association, vol. 50(3), pages 636-659, August.
    15. João Rebelo Barbosa & Rui Henrique Alves, 2011. "Divergent competitiveness in the eurozone and the optimum currency area theory," FEP Working Papers 436, Universidade do Porto, Faculdade de Economia do Porto.
    16. Andreas Dür & Christoph Moser & Gabriele Spilker, 2020. "The political economy of the European Union," The Review of International Organizations, Springer, vol. 15(3), pages 561-572, July.
    17. Schönfelder, Nina & Wagner, Helmut, 2015. "The impact of European integration on institutional development," MPRA Paper 63392, University Library of Munich, Germany.
    18. Uhlig, H.F.H.V.S., 2002. "One Money, But Many Fiscal Policies in Europe : What are the Consequences?," Discussion Paper 2002-32, Tilburg University, Center for Economic Research.
    19. Tesfaselassie, Mewael F., 2007. "Shifts in the inflation target and communication of central bank forecasts," Kiel Working Papers 1319, Kiel Institute for the World Economy.
    20. Nagayasu, Jun, 2012. "Regional inflation and industrial structure in monetary union," MPRA Paper 37310, University Library of Munich, Germany.
    21. Aguiar, Alvaro & Ribeiro, Ana Paula, 2009. "Monetary policy and the transition costs of a labor market reform," Journal of Macroeconomics, Elsevier, vol. 31(4), pages 547-560, December.
    22. Bertola, Giuseppe, 2016. "Labor policies and capital mobility in theory and in EMU," European Economic Review, Elsevier, vol. 87(C), pages 62-77.
    23. Potrafke, Niklas, 2010. "The growth of public health expenditures in OECD countries: Do government ideology and electoral motives matter?," Journal of Health Economics, Elsevier, vol. 29(6), pages 797-810, December.
    24. Eijffinger, Sylvester & Geraats, Petra & van der Cruijsen, Carin, 2006. "Does Central Bank Transparency Reduce Interest Rates?," CEPR Discussion Papers 5526, Centre for Economic Policy Research.
    25. Giuseppe Bertola, 2008. "Labour Markets in EMU - What has changed and what needs to change," European Economy - Economic Papers 2008 - 2015 338, Directorate General Economic and Financial Affairs (DG ECFIN), European Commission.
    26. Eijffinger, S.C.W. & Hoeberichts, M.M. & Tesfaselassie, M.F., 2009. "Central bank communication and output stabilization," Other publications TiSEM ea078ea2-6ec7-461f-9545-6, Tilburg University, School of Economics and Management.
    27. Canale, Rosaria Rita, 2006. "Positive effects of fiscal expansions on growth and debt," MPRA Paper 1432, University Library of Munich, Germany, revised Nov 2006.
    28. Stefano Schiavo, 2005. "Financial integration, GDP correlation and the endogeneity of optimum currency areas," Working Papers 25/2005, University of Verona, Department of Economics.
    29. Massimiliano Affinito & Fabio Farabullini, 2009. "Does the Law of One Price Hold in Euro-Area Retail Banking? An Empirical Analysis of Interest Rate Differentials across the Monetary Union," International Journal of Central Banking, International Journal of Central Banking, vol. 5(1), pages 5-37, March.
    30. Wasim Shahid Malik & Musleh-ud Din, 2008. "Monetary Policy Transparency in Pakistan : An Independent Analysis," Macroeconomics Working Papers 22214, East Asian Bureau of Economic Research.
    31. Aristovnik, Aleksander & Čeč, Tanja, 2009. "Compositional Analysis of Foreign Currency Reserves in the 1999-2007 Period : The Euro vs. The Dollar as Leading Reserve Currency," MPRA Paper 14350, University Library of Munich, Germany.
    32. Canale, Rosaria Rita, 2008. "Central bank reaction to public deficit and sound public finance: the case of the European Monetary Union," MPRA Paper 8789, University Library of Munich, Germany.

  10. Kenneth Rogoff & Charles Wyplosz, 1999. "International Seminar on Macroeconomics 1998," NBER Books, National Bureau of Economic Research, Inc, number rogo99-1.

    Cited by:

    1. Aizenman, Joshua & Pinto, Brian & Radziwill, Artur, 2004. "Sources for Financing Domestic Capital - is Foreign Saving a Viable Option for Developing Countries?," Santa Cruz Center for International Economics, Working Paper Series qt7g18546z, Center for International Economics, UC Santa Cruz.
    2. Takatoshi Ito, 1983. "Capital Controls and Covered Interest Parity," NBER Working Papers 1187, National Bureau of Economic Research, Inc.

  11. Halpern,László & Wyplosz,Charles (ed.), 1998. "Hungary: Towards a Market Economy," Cambridge Books, Cambridge University Press, number 9780521630689.

    Cited by:

    1. International Monetary Fund, 2006. "Republic of Lithuania: Selected Issues," IMF Staff Country Reports 2006/163, International Monetary Fund.
    2. Felix Schmutz, 2016. "Measuring the Invisible: An Overview of and Outlook for Tax Non-Compliance Estimates and Measurement Methods for Switzerland," Swiss Journal of Economics and Statistics (SJES), Swiss Society of Economics and Statistics (SSES), vol. 152(2), pages 125-177, June.
    3. Donal Mac Géidigh & Friedrich Schneider & Matthias Blum, 2016. "Grey Matters: Charting the Development of the Shadow Economy," CESifo Working Paper Series 6234, CESifo.
    4. Dimitrios Psychoyios & Olympia Missiou & Theologos Dergiades, 2019. "Energy based estimation of the Shadow Economy: The role of Governance Quality," Discussion Paper Series 2019_07, Department of Economics, University of Macedonia, revised Nov 2019.
    5. Friedrich Schneider & Dominik Enste, 1999. "Shadow Economies Around the World - Size, Causes, and Consequences," CESifo Working Paper Series 196, CESifo.
    6. Karanfil, Fatih & Ozkaya, Ata, 2007. "Estimation of real GDP and unrecorded economy in Turkey based on environmental data," Energy Policy, Elsevier, vol. 35(10), pages 4902-4908, October.
    7. Gabor Kertesi, 2004. "The Employment of the Roma - Evidence from Hungary," Budapest Working Papers on the Labour Market 0401, Institute of Economics, Centre for Economic and Regional Studies.
    8. Friedrich Schneider & Andreas Bühn, 2013. "Estimating the Size of the Shadow Economy: Methods, Problems and Open Questions," CESifo Working Paper Series 4448, CESifo.
    9. Dobrinsky, Rumen & Korosi, Gabor & Markov, Nikolay & Halpern, Laszlo, 2006. "Price markups and returns to scale in imperfect markets: Bulgaria and Hungary," Journal of Comparative Economics, Elsevier, vol. 34(1), pages 92-110, March.
    10. Oana Simona HUDEA, 2017. "Methods To Quantify The Underground Economy," Network Intelligence Studies, Romanian Foundation for Business Intelligence, Editorial Department, issue 10, pages 117-121, December.
    11. Tarafás, Imre, 2001. "A kamat, az árfolyam és a forint hátralévő évei [Interest, exchange rates and the remaining years of the forint]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(6), pages 480-497.
    12. J. Gacs, 2000. "Macroeconomic Developments in Hungary and the Accession Process," Working Papers ir00013, International Institute for Applied Systems Analysis.
    13. Osipian, Ararat, 2007. "Экономический Рост: Образование Как Фактор Производства [Economic Growth: Education as a Factor of Production]," MPRA Paper 7593, University Library of Munich, Germany.
    14. Maria Lacko, 1999. "Do Power Consumption Data Tell the Story? - Electricity Intensity and Hidden Economy in Post-Socialist Countries," Budapest Working Papers on the Labour Market 9902, Institute of Economics, Centre for Economic and Regional Studies.
    15. Tausch, Arno, 2009. "Schaufenster Griechenland – was kann aus dem aktuellen Debakel für das soziale Europa gelernt werden? [Showcase Greece – what can be learnt from the current debacle for a Social Europe?]]," MPRA Paper 14251, University Library of Munich, Germany.
    16. Travis Wiseman, 2013. "US shadow economies: a state-level study," Constitutional Political Economy, Springer, vol. 24(4), pages 310-335, December.
    17. Fazekas, Karoly, 2004. "Low participation and regional inequalities : interrelated features of the Hungarian labour market. Case study," Zeitschrift für ArbeitsmarktForschung - Journal for Labour Market Research, Institut für Arbeitsmarkt- und Berufsforschung (IAB), Nürnberg [Institute for Employment Research, Nuremberg, Germany], vol. 37(4), pages 375-392.
    18. Schneider, Friedrich G., 2007. "Shadow Economies and Corruption All Over the World: New Estimates for 145 Countries," Economics - The Open-Access, Open-Assessment E-Journal (2007-2020), Kiel Institute for the World Economy, vol. 1, pages 1-66.
    19. Lars P. Feld & Andreas J. Schmidt & Friedrich Schneider, 2011. "Deterrence Policy and the Size of the Shadow Economy in Germany: An Institutional and Empirical Analysis," Chapters, in: Friedrich Schneider (ed.), Handbook on the Shadow Economy, chapter 12, Edward Elgar Publishing.
    20. Schneider Friedrich, 2015. "Schattenwirtschaft und Schattenarbeitsmarkt: Die Entwicklungen der vergangenen 20 Jahre," Perspektiven der Wirtschaftspolitik, De Gruyter, vol. 16(1), pages 3-25, March.
    21. Wyplosz, Charles, 2000. "Ten Years of Transformation: Macroeconomic Lessons," CEPR Discussion Papers 2254, Centre for Economic Policy Research.
    22. Schneider Friedrich & Buehn Andreas, 2017. "Shadow Economy: Estimation Methods, Problems, Results and Open questions," Open Economics, De Gruyter, vol. 1(1), pages 1-29, March.
    23. Ábrahám, Árpád & Kaderják, Péter & Pál, Gabriella, 2005. "A csökkenő halálozási és baleseti kockázat közgazdasági értéke Magyarországon. Egy munkaerő-piaci elemzés eredményei [The economic value of falling risk of death and accident in Hungary. Findings of a labour-market analysis]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(3), pages 231-248.
    24. Jérôme Sgard, 2001. "Direct Foreign Investments and Productivity Growth in Hungarian Firms, 1992-1999," Sciences Po Economics Publications (main) hal-01065013, HAL.
    25. Panos Pashardes & Alexandros Polycarpou, 2008. "Income Tax Evasion, Inequality and Poverty," Cyprus Economic Policy Review, University of Cyprus, Economics Research Centre, vol. 2(2), pages 37-49, December.
    26. Dan Andrews & Aida Caldera Sánchez & Åsa Johansson, 2011. "Towards a Better Understanding of the Informal Economy," OECD Economics Department Working Papers 873, OECD Publishing.
    27. Schneider, Friedrich, 2014. "The Shadow Economy and Shadow Labor Force: A Survey of Recent Developments," IZA Discussion Papers 8278, IZA Network @ LISER.
    28. Felix Schmutz, 2016. "Measuring the Invisible: An Overview of and Outlook for Tax Non-Compliance Estimates and Measurement Methods for Switzerland," Swiss Journal of Economics and Statistics, Springer;Swiss Society of Economics and Statistics, vol. 152(2), pages 125-177, April.
    29. Stavros Katsios, 2006. "The Shadow Economy and Corruption in Greece," South-Eastern Europe Journal of Economics, Association of Economic Universities of South and Eastern Europe and the Black Sea Region, vol. 4(1), pages 61-80.
    30. Friedrich Schneider, 2006. "Shadow Economies and Corruption all over the World: What do we really Know?," CESifo Working Paper Series 1806, CESifo.
    31. Orviska, Marta & Caplanova, Anetta & Medved, Jozef & Hudson, John, 2006. "A cross-section approach to measuring the shadow economy," Journal of Policy Modeling, Elsevier, vol. 28(7), pages 713-724, October.
    32. Colin C. Williams & Friedrich Schneider, 2016. "Measuring the Global Shadow Economy," Books, Edward Elgar Publishing, number 16551.
    33. Vicente R os & Antonio G mez & Pedro Pascual, 2021. "Raising the Accuracy of Shadow Economy Measurements," Hacienda Pública Española / Review of Public Economics, IEF, vol. 239(4), pages 71-125, November.
    34. Maurizio Bovi, 2003. "The Nature Of The Underground Economy. Some Evidence From Oecd Countries," ISAE Working Papers 26, ISTAT - Italian National Institute of Statistics - (Rome, ITALY).
    35. Karoly Fazekas, 2000. "The impact of foreign direct investment inflows on regional labour markets in Hungary," Budapest Working Papers on the Labour Market 0008, Institute of Economics, Centre for Economic and Regional Studies.
    36. Neményi, Judit & Halpern, László, 2000. "A konvergencia fiskális feltételei és az Európai Unióhoz való csatlakozás [The fiscal conditions for convergence and accession to the European Union]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(2), pages 116-135.
    37. Osipian, Ararat, 2008. "Economic Growth—Human Capital Nexus in Post-Soviet Ukraine, 1989-2009," MPRA Paper 7731, University Library of Munich, Germany.
    38. Edward Christie & Mario Holzner, 2005. "Household Tax Compliance in Albania," wiiw Research Reports 316, The Vienna Institute for International Economic Studies, wiiw.
    39. Giorgio Brosio & Juan Pablo Jiménez & Roberto Zanola, 2014. "Alternative views on the origins and impact of the informal economy," Chapters, in: Francesco Forte & Ram Mudambi & Pietro Maria Navarra (ed.), A Handbook of Alternative Theories of Public Economics, chapter 21, pages 485-502, Edward Elgar Publishing.
    40. Alberto Chong & Mark Gradstein, 2004. "Inequality, Institutions, and Informality," Research Department Publications 4377, Inter-American Development Bank, Research Department.
    41. Dominik H. Enste & Friedrich Schneider, 2000. "Shadow Economies: Size, Causes, and Consequences," Journal of Economic Literature, American Economic Association, vol. 38(1), pages 77-114, March.
    42. Andrea Gebauer & Chang Woon Nam & Rüdiger Parsche, 2003. "Is the Completion of EU Single Market Hindered by VAT Evasion?," CESifo Working Paper Series 974, CESifo.
    43. Fabrizio Coricelli & Balázs Égert & Ronald MacDonald, 2006. "Monetary Transmission in Central and Eastern Europe: Gliding on a Wind of Change," Focus on European Economic Integration, Oesterreichische Nationalbank (Austrian Central Bank), issue 1, pages 44-87.
    44. János Gács, 1999. "Teilprojekt 2: Macroeconomic Developments in the Candidate Countries with Respect to the Accession Process," WIFO Studies, WIFO, number 13584.
    45. Mária Lackó, 2004. "Tax Rates and Corruption: Labour-market and Fiscal Effects. Empirical cross-country comparisons on OECD and transition countries," wiiw Research Reports 309, The Vienna Institute for International Economic Studies, wiiw.
    46. Jérôme Sgard, 2001. "Direct Foreign Investments and Productivity Growth in Hungarian Firms, 1992-1999," Working Papers hal-01065013, HAL.
    47. László Halpern & Gábor Körösi, 1998. "Labour market characteristics and profitability: An econometric analysis of Hugarian exporting firms, 1986‐951," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 6(1), pages 145-162, May.
    48. Jan Hanousek & Filip Palda, 2006. "Předem odsouzeno k neúspěchu: měření šedé ekonomiky tranzitivních zemí pomocí makroekonomických metod [Mission impossible: measuring the informal sector in a transition economy using macro methods]," Politická ekonomie, Prague University of Economics and Business, vol. 2006(2), pages 190-203.
    49. Alberto Chong & Mark Gradstein, 2004. "Desigualdad, instituciones e informalidad," Research Department Publications 4378, Inter-American Development Bank, Research Department.
    50. Karoly Fazekas, 2003. "Effects of foreign direct investment on the performance of local labour markets - The case of Hungary," Budapest Working Papers on the Labour Market 0303, Institute of Economics, Centre for Economic and Regional Studies.
    51. J??r??me Sgard, 2001. "Direct Foreign Investments And Productivity Growth In Hungarian Firms, 1992-1999," William Davidson Institute Working Papers Series 425, William Davidson Institute at the University of Michigan.
    52. Klarita Gerxhani, 1999. "Informal Sector in Developed and less Developed Countries: A Literature Survey," Tinbergen Institute Discussion Papers 99-083/2, Tinbergen Institute.
    53. Fabrizio Coricelli & Bal??zs ??gert & Ronald MacDonald, 2006. "Monetary Transmission Mechanism in Central & Eastern Europe: Gliding on a Wind of Change," William Davidson Institute Working Papers Series wp850, William Davidson Institute at the University of Michigan.
    54. Major, Iván, 2002. "Miért (nem) sikeresek a magyar középvállalatok? [Why do (or do not) medium-sized Hungarian firms succeed?]," Közgazdasági Szemle (Economic Review - monthly of the Hungarian Academy of Sciences), Közgazdasági Szemle Alapítvány (Economic Review Foundation), vol. 0(12), pages 993-1014.
    55. Kate Bishop & Igor Filatotchev & Tomasz Mickiewicz, 2002. "Endogenous ownership structure: factors affecting the post-privatisation equity in largest Hungarian firms," UCL SSEES Economics and Business working paper series 5, UCL School of Slavonic and East European Studies (SSEES).
    56. Colombo, Emilio & Stanca, Luca, 2006. "Investment decisions and the soft budget constraint: evidence from Hungarian manufacturing firms," MPRA Paper 18708, University Library of Munich, Germany.
    57. Iwasaki, Ichiro, 2004. "Foreign Direct Investment and Corporate Restructuring in Hungary," Hitotsubashi Journal of Economics, Hitotsubashi University, vol. 45(2), pages 93-118, December.
    58. Fazekas, Károly, 2005. "Transition of the Hungarian Labour Market: Age, Skill and Regional Differences," Discussion Paper 241, Center for Intergenerational Studies, Institute of Economic Research, Hitotsubashi University.
    59. Karoly Fazekas & Jeno Koltay (ed.), 2004. "The Hungarian Labour Market 2004," The Hungarian Labour Market Yearbooks, Institute of Economics, Centre for Economic and Regional Studies, number 2004, December.
    60. Emilio Colombo & Luca Stanca, 2006. "Investment decisions and the soft budget constraint," The Economics of Transition, The European Bank for Reconstruction and Development, vol. 14(1), pages 171-198, March.
    61. Friedrich Schneider, 2017. "Estimating the Size of the Shadow Economies of Highly-developed Countries: Selected New Results," ifo DICE Report, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, vol. 14(04), pages 44-53, February.
    62. World Bank, 2014. "Albania Public Finance Review : Part 1. Toward a Sustainable Fiscal Policy for Growth," World Bank Publications - Reports 17279, The World Bank Group.
    63. Friedrich Schneider, 2005. "Shadow Economies of 145 Countries all over the World: What Do We Really Know?," CREMA Working Paper Series 2005-13, Center for Research in Economics, Management and the Arts (CREMA).
    64. Karoly Fazekas & Zsombor Cseres-Gergely & Agota Scharle (ed.), 2008. "The Hungarian Labour Market 2008," The Hungarian Labour Market Yearbooks, Institute of Economics, Centre for Economic and Regional Studies, number 2008, December.
    65. Gabor Kertesi & Janos Kollo, 1999. "Unemployment, Wage Push and the Labour Cost Competitiveness of Regions - The Case of Hungary, 1986-1996," Budapest Working Papers on the Labour Market 9905, Institute of Economics, Centre for Economic and Regional Studies.
    66. Friedrich Schneider, 2004. "Shadow Economies around the World: What do we really know?," IAW Discussion Papers 16, Institut für Angewandte Wirtschaftsforschung (IAW).
    67. L??szl?? Halpern & G??bor K??r??si, 2003. "Corporate performance and market structure during transition in Hungary," William Davidson Institute Working Papers Series 2003-606, William Davidson Institute at the University of Michigan.
    68. Balázs Égert & Ronald MacDonald, 2006. "Monetary Transmission Mechanism in Transition Economies: Surveying the Surveyable," MNB Working Papers 2006/5, Magyar Nemzeti Bank (Central Bank of Hungary).
    69. Schneider, Friedrich, 2004. "The Size of the Shadow Economies of 145 Countries all over the World: First Results over the Period 1999 to 2003," IZA Discussion Papers 1431, IZA Network @ LISER.
    70. Edward Christie & Mario Holzner, 2004. "Household Tax Compliance and the Shadow Economy in Central and Southeastern Europe," wiiw Balkan Observatory Working Papers 38, The Vienna Institute for International Economic Studies, wiiw.

  12. Kenneth Rogoff & Charles Wyplosz, 1996. "International Seminar on Macroeconomics 1995," NBER Books, National Bureau of Economic Research, Inc, number rogo96-1.

    Cited by:

    1. Haselmann, Rainer & Holle, Stephanie & Kool, Clemens & Ziesemer, Thomas, 2002. "Sovereign Risk and Simple Debt Dynamics: The Case of Brazil and Argentina," Research Memorandum 034, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).
    2. Comunale, Mariarosaria, 2014. "Long-run determinants and misalignments of the real effective exchange rate in the EU," MPRA Paper 59571, University Library of Munich, Germany, revised Sep 2014.
    3. Kool, Clemens & Ziesemer, Thomas & Haselmann, Rainer & Holle, Stephanie, 2003. "Sovereign Risk and Simple Debt Dynamics in Asia," Research Memorandum 002, Maastricht University, Maastricht Economic Research Institute on Innovation and Technology (MERIT).

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