The Four Achilles' Heels of the Eurosystem: Missing Central Monetary Institution, Different Real Rates of Interest, Nonmarketable Securities, and Missing Lender of Last Resort

Dieter Spethmann and Otto Steiger

International Journal of Political Economy, 2004, vol. 34, issue 2, 46-68

Date: 2004
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DOI: 10.1080/08911916.2004.11042923

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