Faculty News
In an op-ed, Professor Thomas Philippon examines the financial crisis in the eurozone and shares recommendations for reform
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Excerpt from Vox -- "The interesting question is: What does it take to have a stable currency area? In my view, the traditional approach missed the most important piece –the banking union. Forget labour mobility, a common language, or even a federal budget.(1) A banking union is the one piece of financial architecture that should have been built before the crisis."
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