Eurobonds: a Path Towards Common Prosperity or a One-Way Transfer Union?: A System Dynamics Approach Exploring the Possible Effects of Issuing Eurobonds on the Eurozone’s Economic Growth and Stability

Since the conception of the euro, it has often been suggested that the eurozone start a programme of jointly issuing government debt. There are many arguments for these so-called Eurobonds, and temporary issuance of them has already taken place in response to the economic impact of the recent COVID-19 pandemic. However, a permanent Eurobond...