This thesis analyses determinants for structural reforms in the euro area. First, it is theoretically scrutinized how the common monetary policy of the European Central Bank causes a reform bias between small and large countries. Second, it is examined how private market adjustment, structural reforms and their interaction affect the intra-euro area current account balances of euro area countries. Third, it is analysed how an asymmetric foreign asset and liability distribution across the euro area affects single countries need for structural reforms of labour markets. Fourth, the impact of fiscal stabilization policy on structural reform activity will be examined.
| Identifer | oai:union.ndltd.org:DRESDEN/oai:qucosa:de:qucosa:11538 |
| Date | 21 June 2012 |
| Creators | Zemanek, Holger |
| Contributors | Schnabl, Gunther, Herz, Bernhard, Universität Leipzig |
| Source Sets | Hochschulschriftenserver (HSSS) der SLUB Dresden |
| Language | English |
| Detected Language | English |
| Type | doc-type:doctoralThesis, info:eu-repo/semantics/doctoralThesis, doc-type:Text |
| Rights | info:eu-repo/semantics/openAccess |
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