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Doomsday for the Euro Area: Causes, Variants and Consequences of Breakup
Belke, Ansgar; Verheyen, Florian - In: International Journal of Financial Studies 1 (2012) 1, pp. 1-15
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/10010675910
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Finance Access of SMEs: What Role for the ECB?*
Belke, Ansgar; Verheyen, Florian - ROME Network - 2013
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/10010732498
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Monetary Policy, Credibility and Asymmetries : Small African Countries and the EMU Advent
Andre, Nyembwe - Institut de Recherche Économique et Sociale (IRES), … - 2003
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
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Do Exchange Rates Move to Address International Macroeconomic Imbalances?
Canzoneri, Matthew B; Vallés Liberal, Javier; Viñals, … - C.E.P.R. Discussion Papers - 1996
This paper provides empirical evidence on the effectiveness of movements in nominal exchange rates in smoothing cyclical imbalances between countries, as explained by the literature on optimal currency areas. We use restrictions from the Mundell-Flemming model (on which the theory of optimal...
Persistent link: https://www.econbiz.de/10005124317
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The Macroeconomic Effects of Losing Autonomous Monetary Policy after the Euro Adoption in Poland
Makarski, Krzysztof; Gradzewicz, Michał - Narodowy Bank Polski - 2009
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
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I Was a Euro Enthusiast
Bergsten, C. Fred - In: Econ Journal Watch 7 (2010) 1, pp. 53-55
.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
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Understanding the Euro Requires Political Economy, Not Just Economics
Goodhart, Charles - In: Econ Journal Watch 7 (2010) 1, pp. 59-60
.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
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The Euro: It Happened, It's Not Reversible, So… Make It Work
Jonung, Lars; Drea, Eoin - In: Econ Journal Watch 7 (2010) 2, pp. 113-118
Rejoinder to the comments on: “It Can’t Happen, It’s a Bad Idea, It Won’t Last. U.S. Economists on the EMU and the Euro … unification from the publication of the Delors Report in 1989 to the introduction of euro notes and coins in January 2002. Here we … commenting on the present challenges facing the euro. Link to January 2010 article “It Can’t Happen, It’s a Bad Idea, It Won …
Persistent link: https://www.econbiz.de/10008484306
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The Euro and the German Veto
Vaubel, Roland - In: Econ Journal Watch 7 (2010) 1, pp. 82-90
.S. Economists on the EMU and the Euro, 1989-2002." _Econ Journal Watch_ 7(1):4-52. Link …
Persistent link: https://www.econbiz.de/10008484341
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A Political Scientist's Perspective
Frieden, Jeffry - In: Econ Journal Watch 7 (2010) 1, pp. 56-58
.S. Economists on the EMU and the Euro, 1989-2002." _Econ Journal Watch_ 7(1):4-52. Link …
Persistent link: https://www.econbiz.de/10008484349