Abwertung für Deutschland aus der Euroeinführung ergeben haben. Ulrich van Suntum, Centrum für angewandte Wirtschaftsforschung …

During the first two years of monetary union, the euro's weakness surprised most market participants. Explanations … empirical analysis showing that terms-of-trade and saving/investment behaviour seem to have driven the euro exchange rate over … view that towards the end of 2000, the euro was significantly undervalued ...<BR><P>Pendant les deux premières années de l …

they both indicate that the dollar and the euro are overvalued in real effective terms. The two currencies should therefore ….S. currency’s current weakness will be relatively short-lived. As for the euro, its depreciation against other currencies is …

>(Paul De Grauwe and Marianna Grimaldi)</i></li> <li>Exchange Rates in Search of Fundamentals: The Case of the Euro¨CDollar Rate … EMU <i>(Paul De Grauwe and Luigi Spaventa)</i></li> <li>The Euro and Financial Crises <i>(Paul De Grauwe)</i></li> <li …

periods euro and the euro zone will be subject to strong domestic and international pressure, we are convinced that the single …

The Bank of the Euro, that is the European Central Bank, is the topic of this paper, since on January 1999 started the … European Monetary Union that introduced a single currency, the euro, which in turn will be managed by the European Central Bank … European Central Bank, or the Bank of the Euro, will play effectively and efficiently its role and ensure the stability and …