Reconsidering the economic and political reasons of the euro area crisis: Diverging fundamentals or self-fulfilling expectations?
This article nests the explanations of the euro crisis in terms of economic, political and institutional causes within the diverging fundamentals vs. self-fulfilling expectations debate. It argues that explanations based on fundamental divergences refer to a subset of economic variables only, while...
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| Format: | Article |
| Language: | English |
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Associazione Economia civile
2017-09-01
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| Series: | PSL Quarterly Review |
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| Online Access: | http://ojs.uniroma1.it/index.php/PSLQuarterlyReview/article/view/13868/pdf_12 |