The adoption of quantitative easing (QE) policy by the United States (US) Federal Reserve Bank since early 2009 has …

This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their … significantly endogenous. At the same time, to assess the relative dominance of Germany, the features against Germany are compared … remarkable convergence with Germany and across the states but also relative convergence with US. On economic erformance, results …

We scrutinize the role of capital flows in competitiveness in a set of seven euro-area member countries (Estonia …, Greece, Latvia, Lithuania, Portugal, Slovenia, and the Slovak Republic) in the context of real convergence and crisis. A … specific focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets …

We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real … convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include … productivity increases in Greece. …

sieben Mitgliedsländern der Eurozone (Griechenland, Portugal, Estland, Lettland, Litauen, Slowenien und die Slowakei) im …We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece … focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets, placing …

We scrutinize the role of capital flows for competitiveness in seven euro-area countries in the context of real … convergence and crisis with a specific focus on Greece. The paper extends the seminal Balassa-Samuelson model to include … productivity increases in Greece …

We scrutinize the role of capital flows in competitiveness in a set of seven euroarea member countries (Estonia, Greece … focus is on Greece. The paper extends the seminal Balassa-Samuelson model to include international capital markets, placing … 2013 show evidence of the Balassa-Samuelson effect if Greece is excluded from the panel. For Greece, this in turn provides …

This paper briefly assesses the effectiveness of the different non-standard monetary policy tools in the Euro Area. Its … Hayek (2009) expressed it, i.e. that the bank will finally have to accept either a recession or inflation and that there is … countries of the Euro Area. The second main part of the paper assesses which other tools the ECB could use in order to stimulate …

This paper briefly assesses the effectiveness of the different non-standard monetary policy tools in the Euro Area. Its … Hayek (2009) expressed it, i.e. that the bank will finally have to accept either a recession or inflation and that there is … countries of the Euro Area. The second main part of the paper assesses which other tools the ECB could use in order to stimulate …

sample covers Greece in 1989-2020 and Italy in 1989-2020. Findings - The research presented the estimation of shadow exchange …Aim/purpose - The aim of this paper is to present two cases of crises in Greece and Italy and to evaluate the shadow … rates EUR/GRD and EUR/ITL during the euro zone membership period. Leaving the euro area one can expect the following market …