Search Results - "CHARLES WYPLOSZ"

A common pool theory of supranational deficit ceilings by Krogstrup, Signe, Wyplosz, Charles

“…The budget deficit bias is modeled as the result of a domestic common pool problem and of an international externality. Deficits can be used to finance both…”
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The six flaws of the Eurozone by Wyplosz, Charles

“…When it was created, it was reasonable to think that the architecture of the monetary union was not perfect. It was also likely that the imperfections would…”
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Limits to the independence of the ECB by Wyplosz, Charles

“…The ECB might seem to be the most independent central bank in the world. Its statutes were carefully designed to ensure independence and they are enshrined in…”
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Exchange Rate Regime Choices in Small Open Economies from Bretton Woods to Inflation Targeting by Sussman, Nathan, Wyplosz, Charles

“…After centuries of metallic monies, for a long time, our understanding of fiat money had remained rudimentary and often controversial. Successive regimes…”
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Limitsto the independence of the ECB by Wyplosz, Charles

“…The ECB might seem to be the most independent central bank in the world. Its statutes were carefully designed to ensure independence and they are enshrined in…”
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Divergence? What Divergence? by Wyplosz, Charles

“…The joint Intereconomics/CEPS conference focused on income convergence among EU countries and within specific countries like Germany and Italy. I would like to…”
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FISCAL POLICY: INSTITUTIONS VERSUS RULES by Wyplosz, Charles

“…Fiscal discipline is as much needed as monetary discipline. Many countries have attempted to counter the deficit bias by adopting fiscal rules that typically…”
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How Risky is Financial Liberalization in the Developing Countries? by Wyplosz, Charles

“…Using a sample of 27 developing and developed economies this paper asks whether financial liberalization is hazardous. It adds to the existing literature in…”
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Deep Economic Integration: Is Europe a Blueprint? by WYPLOSZ, Charles

“…This article revisits the long process of deep integration in Europe, asking which elements belong to a blueprint that could be used elsewhere, particularly in…”
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A Monetary Union in Asia? Some European Lessons by Wyplosz Charles

“…Monetary Union in Europe has been the natural response to the combined desire of stabilizing intra-European exchange rates and of lifting permanently all…”
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EMU: Old Flaws Revisited by Giavazzi, Francesco, Wyplosz, Charles

“…Economic and monetary union (EMU) started with serious flaws. Those flaws had been carefully diagnosed and yet no attempts were made to deal with them. As an…”
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Minimal Conditions for the Survival of the Euro by Eichengreen, Barry, Wyplosz, Charles

“…Most technocrats argue that creating the euro was a way of forcing the pace of political integration, since monetary union is not possible without political…”
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FISCAL DISCIPLINE: RULES RATHER THAN INSTITUTIONS by Wyplosz, Charles

“…The lack of fiscal discipline is a natural and pervasive implication of the perceived separation between the benefits from public spending and the taxes that…”
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Fiscal Discipline: Rules rather than Institutions by Wyplosz, Charles

“…The lack of fiscal discipline is a natural and pervasive implication of the perceived separation between the benefits from public spending and the taxes that…”
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European Monetary Union: the dark sides of a major success by Wyplosz, Charles

“…This paper revisits the debates that have surrounded the launch of a unique experience: the adoption of a common currency among developed countries. A striking…”
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Regional Exchange Rate Arrangements: The European Experience by CHARLES WYPLOSZ

“…Regional arrangements generally remain controversial. They are sometimes seen as a threat to multilateralism, and multilateralism is, in principle, first best…”
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EMU: Why and How It Might Happen by Wyplosz, Charles

“…This paper reviews the history, economic rationale, and main components of the project of establishing a monetary union in Europe by 1999. The adoption of a…”
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European Monetary Union: the dark sides of a major success by Wyplosz, Charles, Nickell, Stephen, Wolf, Martin

“…This paper revisits the debates that have surrounded the launch of a unique experience: the adoption of a common currency among developed countries. A striking…”
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Perspectives on Monetary Policy in Switzerland by Wyplosz, Charles

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La crise de la zone euro et les deux BCE by WYPLOSZ, Charles

“…La BCE a agi rapidement et de manière efficace lorsque la crise financière s'est mise en place à l'été 2007, mais elle a ensuite éprouvé des difficultés à…”
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