Top economists provide a concise and accessible evaluation of major developments in trade and trade policy. * Economic Policy has earned a reputation around the world as the one publication that always identifies current and emerging policy topics early * Papers are specially commissioned from first-class economists and experts in the policy field * The editors are all based at top European economic institutions and each paper is discussed by a panel of distinguished economists * This unique approach guarantees incisive debate and alternative interpretations of the evidence
Inhaltsverzeichnis
Editors' introduction
1. The eurozone crisis: how banks and sovereigns came to be joined at the hip (Ashoka Mody and Damiano Sandri)
2 Sovereign spreads in the eurozone: which prospects for a Eurobond? (Carlo Favero and Alessandro Missale)
3 Capital access bonds: contingent capital with an option to convert (Patrick Bolton and Frédéric Samama)
4 Financial frictions, financial integration and the international propagation of shocks (Luca Dedola and Giovanni Lombardo)
