Europe and the Euro

Alberto Alesina and Francesco Giavazzi, editors

Conference held October 17-18, 2008
Published in February 2010 by University of Chicago Press
© 2010 by the National Bureau of Economic Research

NBER Program(s):ME, IFM

More information on purchasing this book
465 pages
ISBN: 0-226-01283-2

Table of Contents

Front matter, acknowledgements, table of contents: Alberto Alesina, Francesco Giavazzi (bibliographic info) (download)
Introduction: Alberto Alesina, Francesco Giavazzi (p. 1 - 9) (bibliographic info) (download)
1. The Breakup of the Euro Area: Barry Eichengreen (p. 11 - 51) (bibliographic info) (download) (Working Paper version)
       Comment: Martin Feldstein (p. 51 - 55) (bibliographic info) (download)
2. The Euro and Structural Reforms: Alberto Alesina, Silvia Ardagna, Vincenzo Galasso (p. 57 - 93) (bibliographic info) (download) (Working Paper version)
       Comment: Otmar Issing (p. 93 - 97) (bibliographic info) (download)
3. The Euro and Firm Restructuring: Matteo Bugamelli, Fabiano Schivardi, Roberta Zizza (p. 99 - 138) (bibliographic info) (download) (Working Paper version)
       Comment: Gianmarco I. P. Ottaviano (p. 139 - 140) (bibliographic info) (download)
4. Business Cycles in the Euro Area: Domenico Giannone, Michele Lenza, Lucrezia Reichlin (p. 141 - 167) (bibliographic info) (download) (Working Paper version)
       Comment: Tommaso Monacelli (p. 447 - 454) (bibliographic info) (download)
5. The Estimated Trade Effects of the Euro: Why Are They Below Those from Historical Monetary Unions among Smaller Countries?: Jeffrey Frankel (p. 169 - 212) (bibliographic info) (download) (Working Paper version)
       Comment: Silvana Tenreyro (p. 212 - 218) (bibliographic info) (download)
6. A New Metric for Banking Integration in Europe: Reint Gropp, Anil K Kashyap (p. 219 - 246) (bibliographic info) (download) (Working Paper version)
       Comment: Loretta J. Mester (p. 246 - 253) (bibliographic info) (download)
7. Why the European Securities Market Is Not Fully Integrated: Alberto Giovannini (p. 255 - 283) (bibliographic info) (download) (Working Paper version)
       Comment: Richard Portes (p. 283 - 286) (bibliographic info) (download)
8. The Euro and Fiscal Policy: Antonio Fatás, Ilian Mihov (p. 287 - 324) (bibliographic info) (download) (Working Paper version)
       Comment: Roberto Perotti (p. 324 - 325) (bibliographic info) (download)
9. How Central Bankers See It: The First Decade of European Central Bank Policy and Beyond: Stephen G. Cecchetti, Kermit L. Schoenholtz (p. 327 - 374) (bibliographic info) (download)
       Comment: Pervenche Berès (p. 374 - 378) (bibliographic info) (download)
10. Reevaluating Swedish Membership in the European Monetary Union: Evidence from an Estimated Model: Ulf Söderström (p. 379 - 414) (bibliographic info) (download) (Working Paper version)
11. Euro Membership as a U.K. Monetary Policy Option: Results from a Structural Model: Riccardo DiCecio, Edward Nelson (p. 415 - 439) (bibliographic info) (download) (Working Paper version)
       Comment: Carlo A. Favero (p. 440 - 445) (bibliographic info) (download)
List of contributors, Indexes: Alberto Alesina, Francesco Giavazzi (p. 455 - 465) (bibliographic info) (download)
NBER Videos

National Bureau of Economic Research, 1050 Massachusetts Ave., Cambridge, MA 02138; 617-868-3900; email:

Contact Us