We run simulations of current account rebalancing scenarios in the Euro Area and the European Union based on a closed … constraint. Then, a coordinated asymmetric expansion in the Euro Area could alleviate the unemployment crisis in the European … Expansion im Euro-Raum die Krise im europäischen Süden wesentlich lindern. …

This paper explores the evolution and determinants of public support for the euro since its creation in 1999 until the … end of 2017, thereby covering the pre-crisis experience of the euro, the crisis years and the recent recovery. Using … literature on public support for the euro. First, we find a majority of citizens support the euro in nearly all 19 euro area …

This paper explores the evolution and determinants of public support for the euro since its creation in 1999 until the … end of 2017, thereby covering the pre-crisis experience of the euro, the crisis years and the recent recovery. Using … literature on public support for the euro. First, we find a majority of citizens support the euro in nearly all 19 euro area …

no evidence of a euro effect on trade flows among early euro adopters up to the year 2002. Second, this finding is robust … to extending the sample period to incorporate data up to 2013, covering five additional euro accessions. Third, while … there is no robust evidence of a euro effect, there is evidence that intra-EU trade flows have expanded faster than the …

By the Treaty of Accession to the EU, Romania opted for the euro adoption. According to the Maastricht Treaty, since … 2014 Romania has fulfilled the nominal convergence criteria, thus becoming apt to adopt the euro. But a careful analysis of … the reality and the lessons learnt from the Euro Area crisis show that the real convergence criterion is able to ensure …

balances, the common monetary policy may not be optimal for all of them. Euro area imbalances for potential output and for …