Pentecôte, Jean-Sébastien; Huchet-Bourdon, Maryline - HAL - 2009
Since January 2008, the Euro Area has enlarged for the third time to Cyprus and Malta. As Slovakia is now planned to … intuitive assessment of the distance to the Euro area and the origin of shock asymmetries. Using monthly data over 1995-2008 on … results show that most of the countries under study are closer to the seminal Euro area rather than to Germany. New comers …