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werden. In Europa kommt ausserdem die Krise des Euro hinzu: Griechenland war erst der Anfang. Andere Länder werden folgen und …
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This book takes a broad perspective to challenge orthodox views about the role of Euroland in the world economy …, providing a comprehensive framework to address important questions for the future of the Euro, including the key question: will … the single currency contribute to world economic dynamism or be driven by the vigour and vitality of others? …
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We evaluate the effect of exchange rate misalignments on the balance of trade and the role that global value chain participation plays in this effect for 11 new European Union member states. Using heterogeneous panel cointegration methods, we first estimate the real equilibrium exchange rate and...
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