The state of EMU

This contribution was delivered on the occasion of the EUI State of the Union in Florence on 10 May 2011

Interview with Yves Mersch, Governor of the Central Bank of Luxembourg

This contribution was delivered on the occasion of the EUI State of the Union in Florence on 10 May 2011

Optimal Currency Area Revisited

Document is based on a distinguished lecture held in Florence on 26 October 2011 by Yves Mersch, Governor of the Banque centrale du Luxembourg and Member of the Governing Council of the European Central BankSeveral euro area member states are under increased market scrutiny although public finances in the euro area as a bloc are in a much better shape than in the US or Japan. The main reason is that the euro area is an alliance of sovereign countries with most of the relevant political decisions - including public finance - being taken by national governments whereas the other major currencies are sovereign states with central governments and budgets. In the absence of a central government and an internal nominal exchange rate, effective rules are required to safeguard the stability of a currency area. The current crisis has disclosed the weaknesses of the institutional set up of the euro area. Europe has already undertaken major steps to tackle these. Challenges remain, however, to further proceed in the direction of an Optimum Currency Area

Audiovisual work - Interview with Yves Mersch, Sanem, 24 August 2010 (length: 01:45:28)

In the framework of the research project "Pierre Werner and Europe", interview with Yves Mersch, President of the Banque centrale du Luxembourg and Member of the Governing Council and General Council of the European Central Bank (ECB), carried out by the Centre Virtuel de la Connaissance sur l’Europe (CVCE) on 24 August 2010 at the Château de Sanem. The interview was conducted by Dr Elena Danescu, a Researcher at the CVCE, and particularly focuses on the following subjects: the personality and achievements of Pierre Werner, the Delors Plan and monetary Europe, the euro zone, the Stability and Growth Pact and economic governance after the Treaty of Lisbon, and the role of the ECB and central bankers in the European integration process

Analyse du comportement climatique en fréquence et en phase pour le dernier cycle glaciaire-interglaciaire

From two deep-sea cores carefully selected, we studied the high frequencies climatic oscillations for the last 125 000 years. The carried out analysis, both in the frequency and in the phase domain, shows the non-linearity of the climatic response to the insolation variations. A combination tones decomposition of the results in the frequencies 1/41 cpky, 1/23 cpky and 1/19 cpky was tempted after validity limits have been defined.A partir de deux enregistrements marins soigneusement sélectionnés, nous avons étudié les hautes frequences des oscillations climatiques pour les 125 000 dernières années. L'analyse effectuée parallèlement dans le domaine des fréquences et des phases met en évidence le caractère non-lineaire de la réponse climatique aux variations d'insolation. Une tentative de decomposer les résultats en combinaison de tons des fréquences 1/41 cpka, 1/23 cpka et 1/19 cpka a été faite après avoir défini des limites de validité.Govaerts Yves, Van Der Mersch Isabelle, Berger André, Pestiaux Pierre, Duplessy Jean claude. Analyse du comportement climatique en fréquence et en phase pour le dernier cycle glaciaire-interglaciaire. In: Bulletin de l'Association française pour l'étude du quaternaire, vol. 23, n°1-2, 1986. pp. 7-16

Epigenome-wide analysis of the impact of a thermal manipulation treatment on avian embryo

National audienc

Embryonic thermal manipulation of the Japanese quail: impacts on physiology and hypothalamic methylome and transcriptome

International audienc