Toward a Genuine Economic and Monetary UnionSeptember 10, 2015 – September 11, 2015
This workshop’s purpose is to inspire reflection on the long-term future of Economic and Monetary Union (EMU). Starting from current crisis-related challenges, the workshop focuses on four areas in which reforms might increase the resilience of EMU architecture and the prosperity of the euro area. The workshop intends to give an overview of the current state of economic research and the policy debate, with an emphasis on creative proposals aimed at overcoming existing deadlocks. The specific areas covered are in line with the recent “Five Presidents’ Report – Completing Europe's Economic and Monetary Union”: Economic, Financial, Fiscal and Political Union.
Papers and Presentations – September 10, 2015
Ewald Nowotny – Opening remarks
Paul De Grauwe – Keynote lecture
Niels Thygesen – Completing Europe’s EMU – Where do we stand?
Paweł Smaga – (When) should a non-euro country join the banking union?
Ad van Riet – Market-preserving fiscal federalism in the European Monetary Union
Kurt Bayer – Wrap-up first workshop day
Papers and Presentations – September 11, 2015
Paul Ramskogler – The trinity of wage setting in the European Monetary Union – a policy proposal
Agnès Bénassy-Quéré – Making Sense of the Fiscal Union: a Budget for the Eurozone?
Andreas Breitenfellner – Closing remarks