Bulletin n. 3/2008
February 2009
CONTENTS
  • Section A) The theory and practise of the federal states and multi-level systems of government
  • Section B) Global governance and international organizations
  • Section C) Regional integration processes
  • Section D) Federalism as a political idea
    • Eijffinger Sylvester C. W.
    How much inevitable US-Euro Area interdependence is there in monetary policy?
    in Intereconomics , Volume 43, Number 6 / November, 2008 ,  2008 ,  341-348
    Against the backdrop of the present international financial and economic crisis this article looks into the issue of the interdependence of US monetary policy and monetary policy in the euro area. Is there a significant interdependence? If so, what is the nature and intensity of this interdependence? Has the ECB been influenced by the Fed or vice versa and to what degree? Has the relationship changed in recent years, and if so, in what direction?
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