The Travails of the Eurozone: Economic Policies, Economic Developments

Front Matter....Pages i-xvi
Introduction....Pages 1-9
Understanding the Link between Money Growth and Inflation in the Euro Area....Pages 10-41
Monetary Policy Shifts and Inflation Dynamics....Pages 42-66
Is European Monetary Policy Appropriate for the EMU Member Countries? A Counterfactual Analysis....Pages 67-94
Fiscal Policy, Labour Markets and the Difficulties of Inter-Country Adjustment within EMU....Pages 95-122
The Economic Importance of Fiscal Rules....Pages 123-145
Has EMU Had Any Impact on the Degree of Wage Restraint?....Pages 146-178
Structural Reforms and European Monetary Union: What Can a Panel Analysis for the World versus OECD Countries Tell Us?....Pages 179-207
The Euro and Financial Integration....Pages 208-232
The Impact of the Euro Changeover on Inflation: Evidence from the Harmonised Index of Consumer Prices....Pages 233-270
Issues and Problems Related to Eurozone Entry of the New Accession Countries: An Analytical Review....Pages 271-292
A Portfolio-Based Analysis of Movements in the Euro-Dollar Rate....Pages 293-314
Back Matter....Pages 315-322