of the euro area. For this purpose, we differentiate between the departure of weak and strong countries, and examine the …

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 …

haircut increases are simulated. Insufficient Eurosystem funding could lead Greece to abandon the euro zone …

This paper reviews the performance of the euro area since the euro's launch 20 years ago. It argues that the euro … crisis has exposed existential flaws in the euro regime. Intra-area divergences and the corresponding buildup of imbalances … unemployment continue to plague euro crisis countries. Its huge current account surplus highlights that the euro currency union …

This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …

divergent-business cycles that this literature overlooks. We thus test directly for the impact of the Euro on business cycle … synchronization using two variants of Markov Switching models. Examining four small Euro zone countries, our results indicate there …, actually divergence. In contrast, when investigating three non-Euro zone countries, there is no significant loss of …

what extent the US banking crisis and the euro crisis can be ascribed to fallacious assessments and recommendations on the … repercussions of micro bank trading patterns. The euro crisis emerged from the neglect of undergraduate economic wisdom of necessary …

The euro crisis remains unresolved even as financial markets may seem calm for now. The current euro regime is … the euro are assessed and found lacking. A "Euro Treasury" scheme operating on a strict rule and specifically designed not … to be a transfer union is proposed here as a condition sine qua non for healing the euro's potentially fatal birth …

This paper examines the evolution of public support for the euro since its introduction as a virtual currency in 1999 … popularity o f the euro. We find that a majority of citizens support the e uro in each individual member country of the e uro a … econometric work demonstrates that unemployment is a key driver of support behind the euro. Given these developments, w e discuss …