Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

À ce jour, les notices de près de 180 000 monnaies ont été publiées dans les Trésors monétaires. Si l’on compte les 8 ensembles publiés dans ce nouveau volume de TM, le vingt-cinquième de la collection, on dépasse désormais les 200 000 notices. Rien ne relie cette fois-ci ces différents ensembles entre eux, mais ils offrent, du iiie au xixe siècle, un échantillon de ce qui est régulièrement porté à la connaissance du département des Monnaies, Médailles et Antiques. Découvert en 1995, le trésor de Saint-Jean-d’Ardières (Rhône), restauré dans l’atelier du département, d’une qualité et d’une ampleur exceptionnelle (plus de 4 100 antoniniens auxquels se mêlaient 3 deniers) se clôt en 252 et offre l’occasion de revenir sur le classement des antoniniens frappés entre 238 et 252. Le dépôt double de Magny-Cours (Nièvre) s’achève autour de l’année 303, même si la composition des deux ensembles diverge. Ceux-ci ont fait l’objet d’un démontage stratigraphique qui apporte un éclairage intéressant sur leur mode de constitution. Ils permettent également de réexaminer des questions telles que celle du fonctionnement de l’atelier de Lyon de sa réouverture à la réforme de Dioclétien. Le trésor de Chitry (Yonne), qui vient buter sur la réforme de 318, est le premier trésor bien documenté de ce type pour la Gaule intérieure et vient compléter, par sa masse (quelque 2 500 nummi), notre connaissance des émissions produites dans les ateliers gallo-britanniques. Plus modeste (57 nummi), le dépôt de Roquemaure (Gard) offre un aperçu du stock monétaire en circulation au milieu des années 320. Le trésor de Gisors (Eure), formé d’environ 10 000 monnaies, est l’un des plus importants de son époque. Contenu dans un sac déposé dans un chaudron métallique, il regroupait pour l’essentiel des parisis royaux et baronniaux, des deniers rémois et, à part dans une bourse de cuir, des esterlins. Sa constitution donne ainsi une image de la circulation monétaire dans le Nord-Ouest du royaume au milieu…

Monetary unions. --- Gold coins. --- Coins --- Common currencies --- Currency areas --- Currency unions --- Optimum currency areas --- Currency question --- Money --- numismatique --- trésor monétaire --- monnaies --- archéologie

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

Is the euro area getting closer with regard to business cycles? The study investigates the linkage between business cycle convergence and financial portfolio choice for a panel of 18 European countries. For this purpose an index is constructed which measures the similarity of investment portfolios. The idea is that financial portfolio choice has an impact on business cycles and contributes to convergence via the consumption-wealth linkage. The background of the analysis is the International Asset Pricing Model (IAPM). The results of fixed effects GMM TSLS estimations confirm the linkage. The e

Business cycles --- Monetary unions --- Europe --- Economic integration. --- Common currencies --- Currency areas --- Currency unions --- Optimum currency areas --- Currency question --- Money --- Economic cycles --- Economic fluctuations --- Cycles --- Bias --- Business --- Consumption-Wealth-Linkage --- Convergence --- Cycle --- Declining --- European --- Home --- International Asset Pricing Model --- Investors --- Panel Methods --- Portfolio --- Portfolio Choice --- Private --- Schneider --- Similarity

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This paper takes stock of the main fiscal risks facing the EAC partner countries. These include macroeconomic shocks, and specific risks, such as the financial performance of the public enterprises, large infrastructure projects, PPPs, and pension funds. In addition, weaknesses in the institutional framework are reviewed. This analysis highlights some of the largest risks and begins to give a sense of the potential magnitudes involved.

Monetary unions --- Economic History --- Business & Economics --- Common currencies --- Currency areas --- Currency unions --- Optimum currency areas --- Currency question --- Money --- East African Community. --- E.A.C. --- EAC --- Østafrikanske fellesskap --- Jumuiya ya Afrika Mashariki --- East African Common Services Organization --- East African Co-operation --- Africa, East --- Africa, British East --- British East Africa --- East Africa --- Economic policy. --- E-books

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

The book develops a general framework for the macroeconomic modeling of monetary unions. The starting point of the analysis is the standard two-country Mundell-Fleming model with perfect capital mobility, extended to incorporate the supply side in a context of rigid real wages, and modified so that the money market is common for two countries forming a monetary union. The model is presented in two versions: for a small and a large monetary union, respectively. After solving each model, the authors derive multipliers for monetary, expenditure, supply, and external shocks, both in the short and the long run; a graphical analysis is also provided. Special attention is paid to the crucial distinction between symmetric and asymmetric shocks.

Monetary unions. --- Business & Economics --- Economic Theory --- Macroeconomics. --- Common currencies --- Currency areas --- Currency unions --- Optimum currency areas --- Economic theory. --- International economics. --- Economics. --- Economic Theory/Quantitative Economics/Mathematical Methods. --- Macroeconomics/Monetary Economics//Financial Economics. --- International Economics. --- Economics --- Currency question --- Money --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- Economic policy --- International relations --- Economic sanctions --- Economic theory --- Political economy --- Social sciences --- Economic man

Choose an application

• Reference Manager
• EndNote
• RefWorks (Direct export to RefWorks)

This book studies the coexistence of inflation and unemployment in a monetary union. The focus is on how to reduce the associated loss. The primary target of the European central bank is low inflation in Europe. The primary target of the German government is low unemployment in Germany. And the primary target of the French government is low unemployment in France. The European central bank has a quadratic loss function. The same applies to the German government and the French government. The key questions are: To what extent can the sequential process of monetary and fiscal decisions reduce the loss caused by inflation and unemployment? Is monetary and fiscal cooperation superior to the sequential process of monetary and fiscal decisions?

Monetary unions. --- Inflation (Finance) --- Unemployment. --- Fiscal policy. --- Monetary policy. --- Monetary management --- Economic policy --- Currency boards --- Money supply --- Joblessness --- Employment (Economic theory) --- Full employment policies --- Labor supply --- Manpower policy --- Right to labor --- Underemployment --- Finance --- Natural rate of unemployment --- Tax policy --- Taxation --- Finance, Public --- Common currencies --- Currency areas --- Currency unions --- Optimum currency areas --- Currency question --- Money --- Government policy --- Macroeconomics. --- Labor economics. --- International economics. --- Macroeconomics/Monetary Economics//Financial Economics. --- Labor Economics. --- International Economics. --- Economic policy, Foreign --- Economic relations, Foreign --- Economics, International --- Foreign economic policy --- Foreign economic relations --- Interdependence of nations --- International economic policy --- International economics --- New international economic order --- International relations --- Economic sanctions --- Economics