Hans Werner Sinn and Timo Wollmershaeuser’s target loans, current account balances and capital flows: the ECB’s rescue facility. A comment

The present paper firstly examines and comments the arguments proposed by Werner Sinn and Wollmershaeuser in their paper on Target loans, current account balances and capital flows: the ECB’s rescue facility. Secondly, this contribution suggests an alternative view for solving the crisis in the eurozone adopting a coopetitive strategy and also regarding the role of the European Central Bank.

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Year of publication:	2012-10
Authors:	Schilirò, Daniele
Institutions:	Volkswirtschaftliche Fakultät, Ludwig-Maximilians-Universität München
Subject:	Target loans \| current account balances \| capital flow \| EBC’ rescue facilities \| ECB’s role \| coopetition in the eurozone

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Extent:	application/pdf
Series:	MPRA Paper.
Type of publication:	Book / Working Paper
Classification:	E58 - Central Banks and Their Policies ; E6 - Macroeconomic Policy Formation, Macroeconomic Aspects of Public Finance, Macroeconomic Policy, and General Outlook ; E63 - Comparative or Joint Analysis of Fiscal and Monetary Policy; Stabilization ; F32 - Current Account Adjustment; Short-Term Capital Movements ; F34 - International Lending and Debt Problems ; F50 - International Economics. General ; F51 - International Conflicts; Negotiations; Sanctions
Source:	RePEc - Research Papers in Economics

Persistent link: https://www.econbiz.de/10011257994