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economic variables determine a given country's currency bloc affiliation. The dollar bloc differs from the euro bloc in that …
Persistent link: https://www.econbiz.de/10010305207
This paper deals with the question of what impact membership of the European Monetary Union (EMU) has had on small European states. We will also analyze whether or to what extent a large number of small member states affect the EMU itself when they vastly outnumber the large countries. We...
Persistent link: https://www.econbiz.de/10010311678
This paper surveys the optimum currency area (OCA) literature. It is organised into four phases: the 'pioneering phase' which put forward the OCA theory and its properties, the 'reconciliation phase' when its diverse facets were combined, the 'reassessment phase' that led to the 'new OCA theory'...
Persistent link: https://www.econbiz.de/10011604184
investigates the link between economic integration and the overall institutional process of regional integration in Europe – of …
Persistent link: https://www.econbiz.de/10011606192
On September 3-4, 2009 SUERF and Utrecht University School of Economicsorganized the Colloquium "The Quest for Stability" in Utrecht, the Netherlands. The papers included in this SUERF Study are based on contributions to the Colloquium.
Persistent link: https://www.econbiz.de/10011689943
This paper examines the evolution of public support for the euro since its introduction as a virtual currency in 1999 … popularity of the euro. We find that a majority of citizens support the euro in each individual member country of the euro area … econometric work demonstrates that unemployment is a key driver of support behind the euro. Given these developments, we discuss …
Persistent link: https://www.econbiz.de/10011984438
This chapter examines the evolution of public support for the euro and public trust in the European Central Bank (ECB … currency, we find that a majority of citizens in every member country of the euro area (EA) support the euro. The economic … crisis in the EA following the Great Recession and the euro crisis led to a slight decline in public support for the euro but …
Persistent link: https://www.econbiz.de/10013208851
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/10010369510
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
in Europe. We use corporate-evel data from ten countries that adopted the euro, the three EU countries that did not start …In this paper we study the changes in corporate valuations induced by the adoption of the euro as the common currency … using the euro, as well as Norway and Switzerland. We show that the introduction of the euro has increased Tobin's Q …
Persistent link: https://www.econbiz.de/10010281165