Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/93242 
Year of Publication: 
2014
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Volume:] 94 [Issue:] Sonderheft [Publisher:] Springer [Place:] Heidelberg [Year:] 2014 [Pages:] 23-27
Publisher: 
Springer, Heidelberg
Abstract: 
Over the past three years, as the euro area has struggled with high levels of sovereign debt, it has been gradually developing into a debt union. However, this is not a sustainable arrangement. This article proposes two alternatives to a debt union: a fiscal union and a monetary union with fiscal freedom and evaluates the pros and cons of each approach.
JEL: 
G18
G28
Persistent Identifier of the first edition: 
Document Type: 
Article
Document Version: 
Published Version

Files in This Item:
File
Size
151.71 kB





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.