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derogation from adopting the euro as their currency (that is, each country joining the EU commits to replace its national … currency with the euro, but can choose when to request permission to do so). For most of these countries, adopting the euro … convergence with the rest of the euro area. …
Persistent link: https://www.econbiz.de/10005767345
GARCH model shows a positive impact of the introduction of the Euro on exchange rate volatility for the Polish zloty … (negative for the Czech koruna), related to its larger exposure to external shocks. For countries in transition to Euro …
Persistent link: https://www.econbiz.de/10005248136
This study provides evidence that episodes of internal stability of exchange rates among the 11 Euro countries during … Euro on January 1, 1999, should be expected to contribute to reduced volatility of world commodity prices, other things …
Persistent link: https://www.econbiz.de/10005263979
This study investigates the determinants of euro-dollar exchange rate since the inception of euro in January 1999 …. Initial results show that relative changes in consumer confidence in the USA and the Eurozone (CCI), relative consumer price … index (CPI), unemployment rate (UMP), and money supply (M1) are important in explaining the value of the euro relative to …
Persistent link: https://www.econbiz.de/10010669819
policies in the USA, the Euro area, and Japan. Findings – Exchange rates have been influenced by macroeconomic fundamentals and … comparison with domestic monetary policies in the USA, the Euro Area, and Japan. JEL classification: E44, E52, F31 …
Persistent link: https://www.econbiz.de/10010561129
This paper argues that the depth and longevity of the crisis in the eurozone is due to structural and institutional … adjustment mechanism catch-up has got a headwind which is contributing to the recent widening of the income gap in the eurozone …
Persistent link: https://www.econbiz.de/10010633302
The Taylor rule has been used in many studies in order to analyse the monetary policies. In my work I focus on the Euro …
Persistent link: https://www.econbiz.de/10008559089
Kürzlich wurde eine Prognos-Studie publiziert, welche die Vorteile eines Verbleibs Deutschlands im Euroraum zu berechnen versucht. Die Autoren gelangen zu dem Ergebnis, diese seien weitaus größer als die Nachteile, etwa die deutsche Haftung für die Schulden anderer Euroländer. Eine zentrale...
Persistent link: https://www.econbiz.de/10010877464
Euroland nicht vorankommen, könnte der Wechselkurs zum Ventil werden. Eine flexible Anpassung des Euro könnte somit ein Weg …Kann der Euro auf Dauer nur überleben, wenn in einer Übergangsphase flexible Kurse zwischen den Euroländern eingeführt … Griechenlands aus den Euro. Die Rückkehr zu einer früheren Währung könnte den kaum erwünschten Eindruck erwecken, das Rad der …
Persistent link: https://www.econbiz.de/10011213981
Persistent link: https://www.econbiz.de/10005406653