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By: Ansgar Belke
The exchange rate “pain threshold” for German exports is at $1.55 to the euro.
29.10.2009
By: John Lewis
Countercyclical but deteriorating with EU membership.
30.09.2009
By: Casper de Vries
The board has no clear goal, no instruments or any power; at best it can collect and disseminate information on systemic risk.
16.09.2009
By: Patrick Minford
An unfashionable defense of rational expectation models.
15.12.2009
By: Wolfgang Münchau
The European response to the Greek crisis is at least in part to blame.
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This is the first in a new series of regular briefing notes on important issues facing the euro area. In this briefing note we are asking whether the euro area could ever break up. We think not. But we are not as certain as we used to be.