European Integration/Union

EU – Politics

Manuals

• The Choice for Europe, by Andrew Moravcsik
• Dilemmas of European Integration: The Ambiguities and Pitfalls of Integration by Stealth, by Giandomenico Majone
• The Political System of the European Union, Second Edition, by Simon Hix
• What’s Wrong with the Europe Union and How to Fix It, by Simon Hix
• Policy-Making in the European Union , by Wallace, Wallace and Pollack
• The European Union: How Does it Work, by Bloomberg, Peterson
  and and Stubb

Articles

• What does the European Union do?, by Alesina, Angeloni and Schuknecht
• Why is there a Democratic Deficit in the EU: A response to Majone and Moravcsik, by Follesdal and Hix
• The European Union and the Member States: Which Level of Government Should do What? An Empirical Ananlysis of European’s Preferences, by Cerniglia and Pagani
• Under what Conditions does Euroscepticism Flourish? An Evaluation of Different Approaches and Empirical Findings by Pieter de Wilde
• Why is Britain Eurosceptic, by David Grant
• Reforming the Stability and Growth Pact: Size and Influence in EMU Policymaking, by Michele Chang
• The Dark Side of European Integration: Franco-German Dominance and the Structural Reproduction of Informal Empire, by Tommaso Pavone
• Credibility, rules and power in the European Union institutions: a transactional
  analysis of the “Stability and Growth pact”, by Caballero, Caballero and Losada

EU – Economics
Manuals

• Economic Growth in Europe since 1945, edited by Crafts and Toniolo
• The European Economy since 1945: Coordinated Capitalism and Beyond, by Barry Eichengreen
• Macroeconomics: A European Perspective, by Blanchard, Giavazzi and Amighini
• The Economics of European Integration, by Richard Baldwin and Charles Wyplosz
• Economics of Monetary Union, by Paul de Grauwe (the argument for fiscal Union: to deal with asymmetric shocks in a monetary union)
• In or Out: Does it matter? An evidence based analysis of the Euro’s Trade Effects, by Richard Baldwin (a shorter version can be found here)
• 10 years of the Euro – New Perspective for Britain – Essays in defense of the Euro
• Why Britain Should Join the Euro – by Richard Layard, Willem Buiter, Christopher Huhne, Will Hutton, Peter Kenen and Adair Turner with a foreword by Paul Volcker
• Completing the Eurozone rescue: What more needs to be done?, edited by Baldwin, Gros and Laeven

Articles

• An Estimated Dynamic Stochastic General Equilibrium model of the Euro Area, by Smets and Wouters
• The Impact of EMU on Real Exchange Rate Volatility of EU Countries, by Barrel, Davis and Pomerantz
• Do some countries in the Eurozone need an internal devaluation? A reassessment of what unit labour costs really mean“, by Felipe and Kumar, via VoxEU
• IMF report on Euro area spillovers – prepared for Article IV Consultation
• Financial Integration in Europe, by ECB
• Lessons from the European Financial Feamework Exercise – a review of (the
  EU’s) Macroprudential Institutions
• “Two Continents Compared”, (Speech and Presentation)by Jean-Claude Trichet
• “The Longer Term Refinancing Operations of the ECB“, by Linzert, Nautz and Bindseil
• “Games of ‘Chicken’ Between Monetary and Fiscal Authority: Who Will Control the Deep Pockets of the Central Bank?”, by Buiter
• “ELA: an emperor without clothes“, by Buiter, Rahbari and Michels
• “ELA Revisited: A Clarification“, by Buiter, Rahbari and Michels
• Target Loans, Current Account Balances and Capital Flows: The ECB’s Rescue Facility, by Sinn and Wollmershäuser
• “TARGETing the wrong villain: Target2 and intra-Eurosystem imbalances in credit flows“, by Buiter, Rahbari and Michels
• Is Monetary Policy in the Eurozone less Effective than in the US?, by De Grauwe and Storti
• Monetary policy in the Eurozone, by BNP Paribas

Miscellaneous European Topics

EFSF/EFSM and ESM – Some literature on the European Monetary Fund hypothesis

• Europe cannot afford to rescue Greece, by Otmar Issing
• How to deal with sovereign default in Europe: Towards a Euro(pean) Monetary Fund, by Gros and Mayer
• Financial Stability beyond Greece: Making the most out of the European Stabilisation Mechanism, by Gros and Mayer
• European Stabilization Mechanism: Promises, realities and principles, by Charles Wyplosz
• The EFSM and the EFSF: Now what follows?, by Anne Siebert

Breaking up the Euro Area

• Legal: Withdrawal
  and expulsion from the EU and EMU: some reflections, by Phoebus Athanassiou
• Breaking up the euro area: How to resign from the club, by The Economist
• Opinion: Let Greece Take a Holiday from the Eurozone, by Feldstein
• Opinion: “Breaking up the Euro area – No easy exit“, by The Economist
• Opinion: Don’t do it – The euro is proving horribly costly for some. A break-up would be even worse , by The Economist
• Logistics: The euro: love it or leave it?, by Eichengreen
• Logistics:Leaving the Euro: Lessons from Argentina, by Blejer and Yeyati
• Opinion: Europe’s dangerous new phase, by Larry Summers
• Opinion: Six triggers for break up of the euro Commentary: How to survive the coming end of the euro zone, by Matthew Lynn at Market Watch
• Technical: The impact of EMU on Real Exchange Rate Volatility of EU Countries, by Barrel, Davis and Pomerantz
• Technical: Explaining Stock Market Correlation: A Gravity Model Approach, by Flavin, Hurley and Rousseau
• Technical: Currency choice in international bond issuance, by Cohen (BIS)
• Technical: Special Focus: Currency Choice in the issuance of foreign currency
  denominated bonds, in ECB’s 2009 Review of the international role of the euro
• Technical: The international role of the Euro: Evidence from bonds issued by non-Euro Area residents, by Geis, Mehl and Wredenborg(ECB)
• Technical: The euro and the liquidity of European fixed income markets, by McCauley
• Technical: The Development of the International Bond Market, by Benzie (BIS)
• Good governance in crisis or a good crisis for governance? A comparison of the EU and the US, Waltraud Schelkle

Eurobonds

• Euro-Area Governance – Ideas for Crisis Management Reform – European Parliament Study Compilation
• EUROBONDS: Concepts and Implications, by Guillermo de la Dehesa
• The Blue Bond Proposal, by Delpla and von Weizsäcker
• Can the eurozone countries still live together happily ever after?, by Messori
• Common Euro Bonds: Necessary, Wise or to be Avoided?, by de Grauwe and Moesen
• Are There Spillover Effects from Munis?, by Arezky, Candelon and Sy
• The Euro Area Sovereign debt Crisis Safe Haven Credit Rating Agencies and the Spread of the Fever from Greece, Ireland and Portugal, by de Santis
• Government Bonds and Their Investors: What Are the Facts and Do They Matter, by Andritzky
• E-Bonds would end the crisis, by Tremonti and Juncker
• Germany must lead the fightback, by Steinbruck and Steinmeier
• Eurobonds are the only answer to Europe’s crisis, by Sylvie Goulard and Mario Monti
• Green Paper- On the feasibility of introducing Stability Bonds, by the European Commission
• Why Eurobonds are Un-American, by Gros

Towards a Fiscal and stronger Political Union

• How much closer a union?, by The Economist’s Charlemagne
• The United States of Europe – Towards a Transnational Society?, Spinelli Group debate with Joschka Fischer (Video)
• Economics of Monetary Union, by Paul de Grauwe (The argument for fiscal Union: to deal with asymmetric shocks in a monetary union)
• Only the ECB can halt eurozone contagion ( <- from FT, Eurointelligence & PPt presentation), by Paul De Grauwe (the other argumentfor fiscal union: to pressure monetary authority into monetisation of debt)
• Fiscal union is crucial to the euro’s survival, by Wolfgang Munchau
• Ingredients of a European political union, by Wolfgang
  Munchau
• Building Europe, building institutions, Trichet’s speech proposing a EU Finance Minister
• Why debt rescues will boost the scenario of a closer union,
  by Wolfgang Munchau
• Political union cannot fix the euro, by Gideon Rachman
• A European transfer union: How large, how powerful, how expensive?, by Deutsche Bank Research
• Slithering to the wrong kind of union, by Otmar Issing
• Europe: Four steps to fiscal union, by Tony Barber
• Germany is the real winner in a transfer union, by Sebastian Mallaby