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of the euro area. For this purpose, we differentiate between the departure of weak and strong countries, and examine the …
Persistent link: https://www.econbiz.de/10010255127
of the euro area. For this purpose, we differentiate between the departure of weak and strong countries, and examine the …
Persistent link: https://www.econbiz.de/10010421238
euro as an anchor. In this paper, we show how the existence of particular arrangements in the Franc zone allows for getting … likely to have increased the constraint related to a peg on the euro, leading to a more restraining peg …
Persistent link: https://www.econbiz.de/10004985052
find that the Euro adoption will have a noticeable impact on the Polish economic fluctuations. In particular, the … Euro adoption, we compute the welfare effect of this monetary policy change. Our findings suggest that the welfare cost is …
Persistent link: https://www.econbiz.de/10009641436
find that the Euro adoption will have a noticeable impact on the Polish economic fluctuations. In particular, the … Euro adoption, we compute the welfare effect of this monetary policy change. Our findings suggest that the welfare cost is …
Persistent link: https://www.econbiz.de/10013130739
haircut increases are simulated. Insufficient Eurosystem funding could lead Greece to abandon the euro zone …
Persistent link: https://www.econbiz.de/10013023638
This paper reviews the performance of the euro area since the euro's launch 20 years ago. It argues that the euro … crisis has exposed existential flaws in the euro regime. Intra-area divergences and the corresponding buildup of imbalances … unemployment continue to plague euro crisis countries. Its huge current account surplus highlights that the euro currency union …
Persistent link: https://www.econbiz.de/10011894027
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …
Persistent link: https://www.econbiz.de/10011308548
.S. Economists on the EMU and the Euro, 1989-2002." _Econ Journal Watch_ 7(1):4-52. Link …
Persistent link: https://www.econbiz.de/10008484274
.S. Economists on the EMU and the Euro, 1989-2002." _Econ Journal Watch_ 7(1):4-52. Link …
Persistent link: https://www.econbiz.de/10008484289