Citation:Chari, V. V.; Dovis, Alessandro; Kehoe, Patrick J.. A journey down the slippery slope to the European crisis: a theorist's guide. 2017 http://hdl.handle.net/10230/28047
We offer a theoretically based narrative that attempts to account both for the formation of the European Monetary Union and the callenges it has faced. Lack of commitment to policy plays a central role in this narrative.