Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/93242
Authors: 
von Hagen, Jürgen
Year of Publication: 
2014
Citation: 
[Journal:] Wirtschaftsdienst [ISSN:] 1613-978X [Publisher:] Springer [Place:] Heidelberg [Volume:] 94 [Year:] 2014 [Issue:] Sonderheft [Pages:] 23-27
Abstract: 
Over the past three years, as the euro area has struggled with high levels of sovereign debt, it has been gradually developing into a debt union. However, this is not a sustainable arrangement. This article proposes two alternatives to a debt union: a fiscal union and a monetary union with fiscal freedom and evaluates the pros and cons of each approach.
JEL: 
G18
G28
Persistent Identifier of the first edition: 
Document Type: 
Article

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