The Economics Interest Section of the European Union Studies Association (EUSA) and the Globalization & Monetary Policy Institute of the Federal Reserve Bank of Dallas are pleased to announce an economics workshop on European Integration. The meeting will be held at the Federal Reserve Bank of Dallas on 18-19th March, 2010 linked to a one-day public conference that the Institute is organising on 17 March on 10 years of the euro.
Papers on any aspect of European economic integration are welcome, as well as papers that place European integration in the context of the ongoing globalization of trade and capital flows. Abstracts are to be sent to both Patrick Crowley at [email protected] and David Mayes at [email protected] by January 10th, 2010. Please indicate whether you would also be willing to serve as a chair and/or discussant.

Axel Leijonhufvud, 11 July 2009

The current financial system poses three major sources of risk to macroeconomic stability – price level instability, the increased system-wide leverage, and the increased global connectivity of the financial system. This column proposes policy alternatives to deal with these challenges.


The MSc in Macroeconomic Policy and Financial Markets is a one-year full-time Master taught in English and provides participants with the relevant knowledge about the central issues in macroeconomic and financial economics analysis, as well as the key tools, data and models. Some examples are DSGE models, VAR’s, and ARCH. Participants learn not only how to use these modeling and statistical techniques but also how they are actually applied by government agencies and private financial firms. For more information, please visit www.barcelonagse.eu/MFM/html.

Eswar Prasad, 28 January 2009

The crisis has shattered predictions on the unravelling of global macroeconomic imbalances. The US dollar has resisted rather well, US treasury bonds remain the safe-heaven investment of choice, and the world economy still seems tied to US demand. These elements point to the intensification of global macroeconomic imbalances during the recovery of the global economy. This column proposes global solutions to avoid a new derailment



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