Finding Solutions to Target-2 Dilemma: Bundesbank Credit Holds EMU Together
作者单位:Consob the London Graduate School in Mathematical Finance Cassa Depositi e Prestiti LUISS Guido Carli in Rome
会议日期:2018年
学科分类:02[经济学] 0202[经济学-应用经济学] 020202[经济学-区域经济学]
关 键 词:Target Bundesbank Credit Holds EMU Together Finding Solutions to Target-2 Dilemma
摘 要:Europe s monetary union rules that have generated a sharp increase in the Bundesbank s Target-2 claims on the European Central Bank provide a strong incentive for Germany to remain a euro member to safeguard its credit *** a broad political agreement to change radically the mutual financing inherent in the treaties on economic and monetary union would give Germany room