der Euro-Zone. Hierzu berücksichtigen wir in einem ansonsten Standard DSGE-Modell einer Zwei-Regionen-Währungsunion einen …

, when integrated financial markets provided easier access to liquidity, and to have contributed to the recent Eurozone debt …

perspective of external imbalances. The paper explains what steps and measures made the eurozone recovery possible and why there … about the nature and the solution of the eurozone crisis, the authors also explain the role of competing paradigms in this …

proposing a theory-based index of exchange market pressure within the euro area. We argue that the euro area entails an inherent …

theory-based index of exchange market pressure within the euro area. We argue that the euro area entails an inherent policy …

This paper addresses the following questions. Is there evidence of financial contagion in the Eurozone? To what extent … matter concerning the Euro Zone. Second, differences in vulnerability to contagion within the Eurozone are even more … remarkable: the core Eurozone members become less vulnerable to EUZ contagion, possibly due to a safe-heaven effect, while …