Monetary Integration

Prof. Dr. Paul J.J. Welfens

Time: Thursday 12:00 - 14:00

Location: M.14.25

Start of the Lecture: 13.10.2022

Moodle

Basic texts to prepare

Ben S. Bernanke (2013), A Century of US Central Banking: Goals, Frameworks, Accountability; Journal of Economic Perspectives, Vol. 27, No. 4, 2013.
Al-Saffar, J.; Ridinger, W.; Whitaker, S. (2013), The role of external balance sheets in the financial crisis; Bank of England, Financial Stability Paper No. 24, October 2013.
Monetary policy in the Euro area? Lessons from the first years
(Volker Clausen, Bernd Hayo)
Uncovered interest rate parity and analysis of monetary convergence of potential EMU accession countries
(Oliver Holtemöller)

Materials

The Reform of the Stability and Growth Pact
Fiscal Policies and Financial Markets
Fiscal Policies and Economic Growth
Introductory statement to the press conference, Mario Draghi, 22.01.2015