Eurobonds: politisch erwünscht, ökonomisch sinnvoll, juristisch machbar?

Dirk Meyer ()

Wirtschaftsdienst, 2014, vol. 94, issue 5, 369-375

Abstract: This research focuses on the question of to what extent Eurobonds are feasible and which problems may arise in the political, economic and juridical areas. The contribution shows possible forms of the arrangement and discusses a justification from the regulatory point of view. It also examines the extent to which Eurobonds have already become reality by the rescue aid of the European Union. The economic analysis demonstrates the interrelated benefits and problems, especially redistribution, misdirected incentives and misallocation of capital. Finally, establishing Eurobonds is the cornerstone of the political and normative question of which direction the Eurozone will or rather should move within the scope of the sovereign debt crisis. Copyright ZBW and Springer-Verlag Berlin Heidelberg 2014

Keywords: E42; H63; H69 (search for similar items in EconPapers)
Date: 2014
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DOI: 10.1007/s10273-014-1681-y

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