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Doomsday for the euro area : causes, variants and consequences of breakup

Belke, Ansgar; Verheyen, Florian - 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/10010255127

Doomsday for the euro area: Causes, variants and consequences of breakup

Belke, Ansgar; Verheyen, Florian - In: International Journal of Financial Studies 1 (2013) 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/10010421238

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

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

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

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

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

The Macroeconomic Effects of Losing Autonomous Monetary Policy after the Euro Adoption in Poland

Gradzewicz, Michal - 2011

Persistent link: https://www.econbiz.de/10013130739

Will a Collapse of Greek Banks Kick the Country Out of the Euro Zone?

Dor, Eric - 2015

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

Persistent link: https://www.econbiz.de/10013023638

Twenty years of the German euro are more than enough

Bibow, Jörg - 2018

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 …

Persistent link: https://www.econbiz.de/10011894027