08: European Monetary Union and the scope for economic policies
The seminar will first discuss the economic and political rational for the EMU project and its potential gaps and pitfalls. It will then look at the ECB monetary strategy and address the challenges facing the single monetary policy and the E(S)CB in the upcoming enlargement. After that the relationship between the single monetary policy and national fiscal policies is examined. This leads to an analysis of the Stability and Growth Pact. The seminar closes with a discussion on the practical problems facing fiscal policy makers in EMU.
Two renowned guest speakers, Willy Friedmann (Deutsche Bundesbank) and Thomas Wieser (Austrian Federal Ministry of Finance), will complement the seminar.
Participants receive (in most cases downloadable) reading material in advance. They are asked to prepare themselves prior to the sessions and to (jointly) produce a short summary of each day´s session.
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Dr. Jens ULBRICH
Deputy Head of Economics Department, Deutsche Bundesbank, Frankfurt/M.
| studied economics at Universities of Frankfurt/Main and Saarbrücken | |
| 1968 | -75 research and teaching assistant at University of Saarbrücken |
| 1974 | Doctoral degree |
| 1975 | -78 Staff member of German Council of Economic Experts |
| since 1978 | Staff member of Deutsche Bundesbank, Economics Department, until recently: Head of Economic Division, currently Deputy Head of Economics Department |
Mag. Thomas WIESER
Chairman, Eurogroup Working Group and Economic and Financial Committee, Brussels
| 1979 | Magister in Economics, University of Innsbruck |
| 1980-1981 | Fulbright Scholarship, University of Colorado, Boulder |
| 1981-1982 | Institute for Advanced Studies, Vienna |
| 1982-1984 | Internationale Bank für Außenhandel |
| 1984-1985 | Research Project on Industrial Policy |
| 1985-1989 | Economist, EFTA, Geneva |
| 1989-2012 | Ministry of Finance; last position held: Director General for Economics Policy and Financial Markets |
| since 2012 | Euro Working Group, Brussels |
Dr. HOCHREITER
Leiter der Abteilung für volkswirtschaftliche Studien
| Studium der Ökonomie an der WU-Wien | |
| 1974 | /75 Master of Sciences an der London School of Economics und der Johns Hopkins Universität, Bologna Center |
| 1980 | Ph.D. an der WU-Wien |
| Seit 1975 Oesterreichische Nationalbank: | |
| 1981-1982 | EFTA, Genf |
| 1982 | Vorstand des Auslandsbüros |
| seit 1985 | Direktionsrat |
Dr. Helmut WAGNER
Lehrstuhlleiter und (Pro-)Dekan des FB Wirtschaftswissenschaften, FernUniversität Hagen
| 1981 | Habilitation an der RWTH Aachen |
| 1982 | -95 Lehrstuhl für VWL in Hamburg |
| seit 1995 | Lehrstuhl für VWL an der FernUniversität in Haben |
| Gastprofessuren 1982-83 University of California, 1987 MIT, 1988 Bank of Japan, 1991-1992 Princeton University, 2000 Harvard University, Research Department des IWF, AICGS (American Institute for Contemporary German Studies, Johns Hopkins University) |
