UEM: valutando l’impatto dell’euro

Schilirò, Daniele (2005): UEM: valutando l’impatto dell’euro.

Abstract

On 1 January 1999, the Economic and Monetary Union (EMU) has entered its final stage and the euro was introduced as the single currency of eleven European Union countries. The feature certainly peculiar economic and monetary union (EMU) is that in the face of a single monetary policy set at the level of the euro area as a whole and completely aimed at achieving price stability, fiscal policy remains under the direct responsibility of the individual member states and therefore inevitably fragmented (Schilirò, 2002). This paper is an analysis of the volume edited by Richard Baldwin, Giuseppe Bertola, Paul Seabright EMU: Assessing the impact of the euro. This volume contains eight essays that use the data after 1999 to provide an initial assessment of how the euro is actually affecting trade, financial markets, macroeconomic policy decisions and economic performance of Europe.

• Item Type: MPRA Paper
• English Title: EMU: assessing the impact of the euro
• Language: Italian
• Keywords: moneta unica; Unione monetaria; politiche fiscali; politiche monetarie; integrazione
• Subjects: E - Macroeconomics and Monetary Economics > E6 - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook > E62 - Fiscal Policy; F - International Economics > F1 - Trade > F15 - Economic Integration; F - International Economics > F3 - International Finance > F33 - International Monetary Arrangements and Institutions; O - Economic Development, Innovation, Technological Change, and Growth > O5 - Economywide Country Studies > O52 - Europe

References

Baldwin R., Bertola G., Seabright P. (eds.) 2003. EMU: Assessing the impact of the euro, Oxford, Balckwell Publishing.

Schilirò D. 2002. I criteri del Trattato di Maastricht, l’Europa e l’euro: debito pubblico in Italia e crescita, MPRA Paper 36333, University Library of Munich, Germany.

Schilirò D., 2003. Dibattito sulla globalizzazione, a cura di G. Mazzocchi e A. Villani. Un commento, Rivista Internazionale di Scienze Sociali, vol. 111(4), pp.581-592.

Schilirò D. 2005. Padoa Schioppa T. (2004), "La lunga via per l'euro", Economia politica, Società editrice il Mulino, n.1, pp.161-166.