12  M. Dolls, C. Fuest and A. Peichl (2012), “Automatic stabilizers and economic crisis: US vs. Europe”, Journal of Public Economics, Elsevier, vol. 96(3). 6  BIS central bankers’ speeches  Indeed, that a sound fiscal framework is necessary in a monetary union goes without saying.
*  *  *  It’s an honor and a pleasure for me to be here with you to mark Women’s History Month, which itself has some history behind it. March 8, 1911 was the first International Women’s Day, and it was 1980 when President Carter established National Women’s History Week. In 1987, Congress acted to make that week a full month.