Economics of Monetary Union

Synopsis

The only textbook to discuss both the costs and benefits of monetary unions. The author addresses current issues surrounding the Eurozone and takes a critical approach in analysing the theories and policies relating to monetary union.

New edition :

  • Updated evaluation in Chapter 8 of the new fiscal rules EU authorities have introduced since the sovereign debt crisis
  • Increased coverage in Chapter 9 of quantitative easing programme of the ECB
  • Additional discussion of the housing market in Chapter 12
Description
Paul DE GRAUWE. Economics of monetary union. Oxford : OUP, 2020, 290 p.