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Trésors monétaires. : Saint-Jean-d'Ardières (Rhône), Magny-Court (Nièvre), Gisors (Eure) et autres trésors
Authors: ---
ISBN: 2717725946 2717725334 Year: 2013 Publisher: Éditions de la Bibliothèque nationale de France

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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…


Book
Euro : the beginning, the middle ... and the end?
Authors: ---
ISBN: 9780255366809 Year: 2013 Publisher: London Institute of Economic Affairs

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Book
European business cycle convergence : portfolio similarity and a declining home bias of private investors
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ISBN: 3631639740 365301915X Year: 2013 Publisher: Bern Peter Lang International Academic Publishing Group

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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


Book
Die euro- krise.
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ISBN: 3486781006 9783486781007 1306529026 348671791X Year: 2013 Publisher: [Place of publication not identified] Oldenbourg Wissenschaftsv

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dieses Buch beschreibt und erklärt erstmals und komplex die Staatsschuldenkrise der Europäischen Währungsunion. Es werden die Verursachung im Vorfeld der Gründung und die vor allem makroökonomische Entwicklung der Euro - Krise in ihrer inneren Logik analysiert. Auf dieser Grundlage erfolgt die Darstellung der unterschiedlichen Instrumente der EU zur Stabilisierung sowie die Ableitung der notwendigen wirtschafts-, finanz- und geldpolitischen Schritte zur Erhaltung der Europäischen Währungsunion. Bei der Betrachtung der politischen und wirtschaftlichen Entwicklung der Europäischen Währungsunion und ihres derzeitigen Zustandes stellen sich drängend Fragen nach den Ursachen, den inneren Zusammenhängen und den Folgen der Euro-Krise. Es müssen Antworten gefunden werden, ob und wie in der Zukunft Krisen dieser Tragweite verhindert werden können und welche politischen, insbesondere aber wirtschafts-, finanz- und geldpolitische Entscheidungen getroffen sowie europarechtliche Konsequenzen gezogen werden müssen. In diesem Sinne soll das Buch dazu einen Beitrag leisten.


Book
Responding to Shocks and Maintaining Stability in the West African Economic and Monetary Union
Authors: --- --- ---
ISBN: 1484355644 1484371712 Year: 2013 Publisher: Washington, D.C. : International Monetary Fund,

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The West African Economic and Monetary Union (WAEMU), like other monetary unions, faces a number of challenges in dealing with macroeconomic shocks. The region experiences a large number of exogenous shocks: climate-related (e.g., droughts, floods), with a heavy toll on populations and agriculture, but also economic (e.g., terms of trade), with a large impact on key sectors and the cost of living. More generally business cycle synchronization within the WAEMU seems low. Addressing these shocks, while preserving the stability of the union, is therefore a critical issue in the WAEMU.This paper discusses these issues and suggests possible reforms.


Book
Unions, central banks, and EMU : labour market institutions and monetary integration in Europe
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ISBN: 019163820X 9780191638206 9780191749193 0191749192 9780199662098 0199662096 Year: 2013 Publisher: Oxford : Oxford University Press,

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This title examines the crisis of EMU through the lenses of comparative political economy. It retraces the development of wage-setting systems in the core and peripheral EMU member states, and how these contributed to the increasing divergence between creditor and debtor states in the late 2000s.


Book
Europe's deadlock
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ISBN: 0300204388 0300201206 1299781039 9780300204384 9781299781030 9780300201208 Year: 2013 Publisher: New Haven

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In this short, fiercely argued book, David Marsh explains how five years of continuous crisis management not only have failed to resolve the EurozoneÆs problems but have actually made things worse. While austerity-wracked southern states descend into misery and resentment, creditor countriesùled by Germanyùfear that they will be forced to subsidize their weaker brethren indefinitely. Constructive dialogue has collapsed as European decision making descends into terrified paralysis, and the potential paths out of the impasse are blocked by indecision and incompetence at the top. As voters in Greece and Italy rebel against externally imposed hardship, and the sums needed to bail out failed economies reach ever more staggering proportions, the contradictions at the heart of the European project are becoming more and more obvious. Marsh warns that the current succession of complex technical fixes cannot sustain the Eurozone on life support indefinitely. Radical solutions are on offer, but without leaders who are strong and principled enough to push them through, Europe risks a depressing future of permanent decline.


Book
Sovereign Risk and Belief-Driven Fluctuations in the Euro Area
Authors: --- --- --- ---
ISBN: 1475514107 1475516800 1475513739 Year: 2013 Volume: WP/13/227 Publisher: Washington, D.C. : International Monetary Fund,

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Sovereign risk premia in several euro area countries have risen markedly since 2008, driving up credit spreads in the private sector as well. We propose a New Keynesian model of a two-region monetary union that accounts for this “sovereign risk channel.” The model is calibrated to the euro area as of mid-2012. We show that a combination of sovereign risk in one region and strongly procyclical fiscal policy at the aggregate level exacerbates the risk of belief-driven deflationary downturns. The model provides an argument in favor of coordinated, asymmetric fiscal stances as a way to prevent selffulfilling debt crises.

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