Tag Archives: Government Bond Yields

Divergence in the Euro-Zone: Famous, Obscure and Predictable Facts

In a previous post about the theory of optimum currency areas (OCA), asymmetric shocks, structural problems and the intrinsic need that this creates for the institution of a fiscal union, I argued that incomplete by monetary unions (i.e.: lacking a … Continue reading

Posted in Economic Concepts, Euro-zone Update, European Interdependences, Uncategorized | Tagged , , , , , , , , , , , , , , , | Leave a comment