The reaction of the U.S. and the European Monetary Union to recent global financial crises
Tadeusz Kowalski , Yochanan Shachmurove
AbstractThis paper analyzes the responses of the United States and the economies of the Economic and Monetary Union (EMU) to the financial and economic crisis of 2008–2009. The crisis illuminates the fundamental structural problems within the EMU, the European Union and the United States and the scale and scope of interconnections among the world economy. The paper focuses on the reactions of the real sector to the financial disturbances in these economies. Both comparative static and dynamic methodologies are used in order to appraise the scope and pace of adjustments in response to the global crisis.
|Journal series||Global Finance Journal, ISSN 1044-0283, (0 pkt)|
|Publication size in sheets||1|
|Keywords in English||Financial crisis, International competitiveness, Monetary and fiscal policies, Regulations, European Monetary Union, United States|
|Score|| = 0.0, 10-11-2019, ArticleFromJournal|
= 5.0, 10-11-2019, ArticleFromJournal
|Publication indicators||: 2014 = 1.093|
|Citation count*||20 (2020-08-08)|
* presented citation count is obtained through Internet information analysis and it is close to the number calculated by the Publish or Perish system.