The authors presented their findings at various conferences, such as H.-W. Sinn’s lectures on May 9th 2011 at the Humboldt UniversityArchived 23 September 2015 at the Wayback Machine and showed that TARGET balances are classical balance-of-payment imbalances. Their method was also used later by the ECB itself, in their October 2011 monthly report.
The authors presented their findings at various conferences, such as H.-W. Sinn’s lectures on May 9th 2011 at the Humboldt UniversityArchived 23 September 2015 at the Wayback Machine and showed that TARGET balances are classical balance-of-payment imbalances. Their method was also used later by the ECB itself, in their October 2011 monthly report.
Sinn, Hans-Werner, Helmut Schlesinger, Wilhelm Kohler, Charles B. Blankart, Manfred J. M. Neumann, Peter Bernholz, Thomas Mayer, Jochen Moebert and Christian Weistroffer, Georg Milbradt, Stefan Homburg, Friedrich L. Sell and Beate Sauer, Ingo Sauer, Jens Ulbrich and Alexander Lipponer, Christian Fahrholz and Andreas Freytag, Ulrich Bindseil, Philippine Cour-Thimann und Philipp Koenig, Franz-Christoph Zeitler, Klaus Reeh, in: Sinn, Hans-Werner (ed.), The European Balance of Payments Crisis, CESifo Forum, Special Issue, January 2012.
Jens Ulbrich and Alexander Lipponer, Balances in the Target2 Payments System – A Problem?, in: Sinn, Hans-Werner (ed.), The European Balance of Payments Crisis, CESifo Forum, Special Issue, January 2012, pp.73–76.
wiwo.de
Sinn, Hans-Werner, Neue Abgründe, Wirtschaftswoche, No. 8, 21 February 2011, p. 35.