This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their … significantly endogenous. At the same time, to assess the relative dominance of Germany, the features against Germany are compared … remarkable convergence with Germany and across the states but also relative convergence with US. On economic erformance, results …

sample covers Greece in 1989-2020 and Italy in 1989-2020. Findings - The research presented the estimation of shadow exchange …Aim/purpose - The aim of this paper is to present two cases of crises in Greece and Italy and to evaluate the shadow … rates EUR/GRD and EUR/ITL during the euro zone membership period. Leaving the euro area one can expect the following market …

analysis extends from 1981-2008, the results for Germany mostly capture the situation before the euro was created … Germany as center countries with rising/high current account deficits (US) and surpluses (Germany). These are matched by … account deficits of countries stabilizing their exchange rate against the euro (euro periphery). Meanwhile, the aggregate …

analysis extends from 1981-2008, the results for Germany mostly capture the situation before the euro was created. - Global … Germany as center countries with rising / high current account deficits (US) and surpluses (Germany). These are matched by … account deficits of countries stabilizing their exchange rate against the euro (euro periphery). Meanwhile, the aggregate …

correction models for Germany, France, Italy, the Netherlands and Spain. Using the weights of the Harmonized Index of Consumer …We study the pass-through of exchange rate changes to consumer prices for the euro area by estimating vector error … Prices (HICP) we compute a weighted average of the country results for the euro area. We find that in response to a ten …

This study inspects if there is greater convergence with Germany amongst the eurozone founding members and if their … significantly endogenous. At the same time, to assess the relative dominance of Germany, the features against Germany are compared … remarkable convergence with Germany and across the states but also relative convergence with US. On economic performance, results …

asymmetric current account developments. It identifies the US and Germany as center countries with rising / high current account … deficits (US) and surpluses (Germany). These are matched by current account surpluses of countries stabilizing their exchange … against the euro or members of the euro area (euro periphery). The paper finds that changes of world current account positions …