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Atlantic Economic Journal articles from September 2002
Quarterly publication provides economic developments and changes on a global level. It also publishes economists' research and book reviews.
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Atlantic Economic Journal archives from September 2002
The euro and the monetary union.
September 1, 2002... Introduction
Ladies and gentlemen, it is a great pleasure and an honor to be with you today, on the occasion of the International Atlantic Economic Conference, and to present the Robert A. Mundell Address in front of such a distinguished...
The euro after three years.
September 1, 2002... At the beginning of 1999, 11 countries (Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxemburg, The Netherlands, Portugal, and Spain) entered Stage Three of the European Economic and Monetary Union (EMU), thereby abandoning their...
Are small countries too powerful within the ECB?(European Union European Central Bank)
September 1, 2002... Introduction
For the first time since the Roman Empire, a large portion of Europe shares a common currency since the beginning of 1999. After 50 years the Deutsche Bundesbank, the central bank that ruled European monetary affairs, stepped...
Monetary policy in the euro area: was it too tight in the 1990s?(What would have happened if the euro economy had followed the monetary policy rule of the United States in the 1990s?)
September 1, 2002... Introduction
It is well known that in the 1990s the economy of the euro area performed worse than the U.S. economy. The differences in the GDP growth and unemployment performance of the euro area and the U.S. may be seen to have been...
Was ECB's monetary policy optimal?(European Union European Central Bank)
September 1, 2002... Introduction
Given the external conditions, the Economic and Monetary Union (EMU) of the European Union (EU) has been quite a success so far. When the EMU started its third stage with 11 out of 15 EU member states in January 1999, the...
The German stability program: a quantitative assessment.
September 1, 2002... Introduction
Sound fiscal policies, particularly in its largest economy, are of crucial importance for the success of the European Monetary Union. This was recognized by the integration of fiscal criteria into the Maastricht Treaty and by...
Britain and the Euro.
September 1, 2002... Introduction
During the 1990s, the debate on economic integration in Europe--as opposed to that on the issue of participating in European integration more generally--had a relatively low profile in the UK. There were many debates that...
Information and economic rationality: an empirical test. (Anthology).
September 1, 2002... Economists have scrutinized and vigorously tested economic rationality, often with ultimatum bargaining experiments [Carter and Irons, JEP, 1991]. Such experiments suggest that individuals are self-interested and rational in various settings....