Asset Price Inflation: What Do We Know about this Virus?

Brendan Brown

Chapter 1 in Euro Crash, 2014, pp 1-22 from Palgrave Macmillan

Abstract: Abstract Why did European Monetary Union (EMU) enter existential crisis so soon after its creation? According to the ‘Berlin view’ everything would have been fine if it had not been for a number of governments contriving to circumvent the strict fiscal discipline stipulated in the budget stability pact that accompanied the launch of the euro. The ‘Paris and Brussels’ view by contrast traces the crisis to a failure of the founding Treaty to provide for a fiscal, debt and banking union.

Keywords: Central Bank; Asset Price; Federal Reserve; European Central Bank; Equity Market (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-137-37149-2_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781137371492

DOI: 10.1057/9781137371492_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().