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Integration durch Währungsunion? : der Fall der Euro-Zone

dc.contributor.authorSpahn, Peterde
dc.date.accessioned2024-04-08T08:47:30Z
dc.date.available2024-04-08T08:47:30Z
dc.date.created2012-10-18
dc.date.issued2012
dc.description.abstractOld OCA theory recommends to unite homogenous countries so that their macroeconomic interrelations do not pose severe stabilisation problems. New OCA theory rightly criticizes the 1960s flavour of the old approach and believes in the endogenous emergence of an OCA if countries use the facilities of an integrated financial market for their catching-up. Whereas in theories of intertemporal optimisation single agents and national economies succeed to go from indebtedness to development, in EMU they were tempted live beyond their intertemporal budget constraint. Professional observers tended to tolerate high current account deficits and loss of competitiveness as temporary phenomena by relying on the Lawson Doctrine. Actually, some EMU countries could avoid insolvency only by monetising their balance of payment deficit.de
dc.identifier.swb372358675
dc.identifier.urihttps://hohpublica.uni-hohenheim.de/handle/123456789/5632
dc.identifier.urnurn:nbn:de:bsz:100-opus-7698
dc.language.isoger
dc.relation.ispartofseriesFZID discussion papers; 57
dc.rights.licensepubl-ohne-poden
dc.rights.licensepubl-ohne-podde
dc.rights.urihttp://opus.uni-hohenheim.de/doku/lic_ubh.php
dc.subjectOptimal currency unionen
dc.subjectIntegrationen
dc.subjectIntertemporal balance of paymentsen
dc.subjectWalters critiqueen
dc.subjectLawson doctrineen
dc.subject.ddc330
dc.subject.gndIntegrationde
dc.subject.gndWährungsunionde
dc.subject.gndEuro <Währung>de
dc.titleIntegration durch Währungsunion? : der Fall der Euro-Zonede
dc.type.dcmiTextde
dc.type.diniWorkingPaperde
local.accessuneingeschränkter Zugriffen
local.accessuneingeschränkter Zugriffde
local.bibliographicCitation.publisherPlaceUniversität Hohenheimde
local.export.bibtex@techreport{Spahn2012, url = {https://hohpublica.uni-hohenheim.de/handle/123456789/5632}, author = {Spahn, Peter}, title = {Integration durch Währungsunion? : der Fall der Euro-Zone}, year = {2012}, school = {Universität Hohenheim}, series = {FZID discussion papers}, }
local.export.bibtexAuthorSpahn, Peter
local.export.bibtexKeySpahn2012
local.export.bibtexType@techreport
local.faculty.number3de
local.faculty.number7de
local.institute.number520de
local.institute.number795de
local.opus.number769
local.series.issueNumber57
local.series.titleFZID discussion papers
local.universityUniversität Hohenheimde
local.university.facultyFaculty of Business, Economics and Social Sciencesen
local.university.facultyFakultät Wirtschafts- und Sozialwissenschaftende
local.university.facultyLandesanstaltende
local.university.instituteInstitute for Economicsen
local.university.instituteInstitut für Volkswirtschaftslehrede
local.university.instituteForschungszentrum Innovation und Dienstleistungde

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