G2TT
来源类型Working Paper
规范类型工作论文
Paths to eurobonds
Stijn Claessens; Shahin Vallée
发表日期2012-07-03
出版年2012
语种英语
概述This paper discusses proposals for common euro area sovereign securities. Such instruments can potentially serve two functions: in the short-term, stabilize financialmarkets and banks and, in the medium-term, help improve the euro area economic governance framework through enhanced fiscal discipline and risk-sharing.
摘要

This paper discusses proposals for common euro area sovereign securities. Such instruments can potentially serve two functions: in the short-term, stabilize financialmarkets and banks and, in the medium-term, help improve the euro area economic governance framework through enhanced fiscal discipline and risk-sharing.

Many questions remain onwhether financial instruments can ever accomplish such goals without bold institutional and political decisions, and,whether, in the absence of such decisions, they can create new distortions. The proposals discussed are also not necessarily competing substitutes; rather, they can be complements to be sequenced along alternative paths that possibly culminate in a fully-fledged Eurobond. The specific path chosen by policymakers should allow for learning and secure the necessary evolution of institutional infrastructures and political safeguards.

主题European Macroeconomics & Governance
URLhttps://bruegel.org/2012/07/paths-to-eurobonds-2/
来源智库Bruegel (Belgium)
资源类型智库出版物
条目标识符http://119.78.100.153/handle/2XGU8XDN/429371
推荐引用方式
GB/T 7714
Stijn Claessens,Shahin Vallée. Paths to eurobonds. 2012.
条目包含的文件
文件名称/大小 资源类型 版本类型 开放类型 使用许可
WP_12_10_paths.pdf.j(84KB)智库出版物 限制开放CC BY-NC-SA缩略图
浏览
WP_12_10_paths.pdf(343KB)智库出版物 限制开放CC BY-NC-SA浏览
个性服务
推荐该条目
保存到收藏夹
导出为Endnote文件
谷歌学术
谷歌学术中相似的文章
[Stijn Claessens]的文章
[Shahin Vallée]的文章
百度学术
百度学术中相似的文章
[Stijn Claessens]的文章
[Shahin Vallée]的文章
必应学术
必应学术中相似的文章
[Stijn Claessens]的文章
[Shahin Vallée]的文章
相关权益政策
暂无数据
收藏/分享
文件名: WP_12_10_paths.pdf.jpg
格式: JPEG
文件名: WP_12_10_paths.pdf
格式: Adobe PDF

除非特别说明,本系统中所有内容都受版权保护,并保留所有权利。