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Keywords:European Economic Community 

Journal Article
A single market for Europe?

FRBSF Economic Letter

Journal Article
European financial integration and monetary policy

FRBSF Economic Letter

Newsletter
Is there a world business cycle?

Chicago Fed Letter , Issue Dec

Journal Article
The success of Europe 1992 will be judged by benefits costs to members

Economics Update , Issue Jul , Pages 1-3

Working Paper
European business cycles: new indices and analysis of their synchronicity

This article presents a new type of business-cycle index that allows for cycle-to-cycle comparisons of the depth of recessions within a country, cross-country comparisons of business-cycle correlation and simple aggregation to arrive at a measure of a European business cycle. The paper examines probit-type specifications of binary recession/expansion variables in a Gibbs-sampling framework, wherein it is possible to incorporate time-series features to the model, such as serial correlation, heteroskedasticity and regime switching. The data-augmentation implied by Gibbs sampling generates ...
Working Papers , Paper 1999-019

Discussion Paper
On intertemporal general-equilibrium reallocation effects of Europe's move to a single market

This paper provides intertemporal general-equilibrium investigation of the welfare and employment consequences of Europes move to a unified market, using a multicountry, multisector applied model with imperfect competition, increasing returns-to-scale, and product differentiation at the firm level. The oligopolistic game between firms is assumed to be Nash in output. In the short-term, market imperfections (such as oligopolistic profits and wage rigidities) may exist. These imperfections vanish in the long run, characterized by stock-flow equilibrium consistent with steady-state growth. ...
Discussion Paper / Institute for Empirical Macroeconomics , Paper 87

Conference Paper
Overview of the symposium, Changing Capital Markets: Implications for Monetary Policy (panel)

Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
F.Y.I. moving toward 1992: a common financial market for Europe?

Economic Review , Issue Nov , Pages 42-51

Journal Article
Implementing the single banking market in Europe

Financial integration of the European Community requires actions by both the EC and its member states to create a common EC-wide competitive and regulatory environment. This paper focuses on the EC's creation of the single market for retail banking services. It tracks the EC legislative process and the adoption of EC directives designed to create the single market. The study also examines some of the costs and benefits associated with the single banking market. This paper evaluates the EC's success in creating the single market by examining the rate of implementation by the member states ...
Economic Review

Journal Article
The European system of central banks

On January 1, 1999, the European System of Central Banks (ESCB) began conducting monetary policy for eleven of the fifteen nations of the European Union, formally creating an economic and monetary union. The ESCB is governed by the decision-making bodies of the European Central Bank (ECB) and manages Europe's new currency, the euro. The structure of the ESCB is in many ways similar to that of the Federal Reserve System, with the ECB playing a role similar to that of the Board of Governors and the various national central banks occupying positions not unlike those of the regional Reserve ...
Economic and Financial Policy Review , Issue Q I , Pages 2-14

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Glick, Reuven 6 items

anonymous 6 items

Hutchison, Michael M. 4 items

Chriszt, Michael J. 3 items

Aglietta, Michel 2 items

Boucher, Janice L. 2 items

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