A journey down the slippery slope to the European crisis : a theorist's guide

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dc.contributor.author	Chari, V. V.
dc.contributor.author	Dovis, Alessandro
dc.contributor.author	Kehoe, Patrick J.
dc.date	2017
dc.identifier	https://ddd.uab.cat/record/196746
dc.identifier	urn:oai:ddd.uab.cat:196746
dc.format	application/pdf
dc.language	eng
dc.publisher
dc.relation	European Commission 649396
dc.relation	Barcelona Graduate School of Economics. ADEMU working paper series ;
dc.rights	open access
dc.rights	Aquest document està subjecte a una llicència d'ús Creative Commons. Es permet la reproducció total o parcial, la distribució, la comunicació pública de l'obra i la creació d'obres derivades, fins i tot amb finalitats comercials, sempre i quan es reconegui l'autoria de l'obra original.
dc.rights	https://creativecommons.org/licenses/by/4.0/
dc.subject	Monetary Union
dc.subject	Eurozone crisis
dc.subject	European Monetary Union
dc.subject	Time Inconsistency
dc.subject	Bailouts
dc.subject	Lender of last resort
dc.title	A journey down the slippery slope to the European crisis : a theorist's guide
dc.type	Working paper
dc.description.abstract	We offer a theoretically based narrative that attempts to account both for the formation of the European Monetary Union and the callenges it has faced. Lack of commitment to policy plays a central role in this narrative.
dc.description.abstract	The ADEMU Working Paper Series is being supported by the European Commission Horizon 2020 European Union funding for Research & Innovation, grant agreement No 649396.