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Completing the monetary union of Europe as mid-term solution of the Euro crisis

Fischer, Justina A. V.; Pastore, Francesco - 2015

This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....

Persistent link: https://www.econbiz.de/10011308548

What drives business cycle synchronization? : BMA results from the European Union

Beck, Krzysztof - In: Baltic journal of economics 19 (2019) 2, pp. 248-275

The last twenty years have brought a bulk of inconsistent results on the determinants of business cycle synchronization (BCS). Researchers have usually focused their attention on a limited set of possible determinants, not accounting for model uncertainty. For these reasons, Bayesian Model...

Persistent link: https://www.econbiz.de/10012123356

Braucht es monetäre und reale Konvergenz für eine (in einer) Währungsunion? : Anmerkungen zu einer aktuellen Debatte

Sell, Friedrich L. - 2001

Mitgliedern der Währungsunion ist. Bei der Aufnahme weiterer Mitglieder in die EURO-Zone sind sowohl realwirtschaftliche als auch …

Persistent link: https://www.econbiz.de/10001596617

Euro Adoption Amid Reshaping EMU : The Case of Romania

Pal, Rozalia - 2011

Adopting the European single currency is reevaluated amid changing environment of the existing euro area. In this paper we are mapping those divergences among member countries that challenge the optimal currency area (OCA), at least from a theoretical perspective. Nevertheless, the decision to...

Persistent link: https://www.econbiz.de/10014176002

Towards a genuine economic and monetary union : comments on a roadmap

Belke, Ansgar - 2013

The Van Rompuy Report and also additional proposals made by the European Commission outlined steps for a ‘genuine Economic and Monetary Union’. This article explains, assesses and comments on the proposals made. Moreover, it outlines what could be recommendations in order to achieve a...

Persistent link: https://www.econbiz.de/10010255185

Euro or not Euro - that is not the question! : economic well-being and the fate of the European Monetary Union

Heise, Arne - 2014

or allows for a dissolution of the Eurozone and a reemergence of national currencies but how multi-level macroeconomic …

Persistent link: https://www.econbiz.de/10010362871

The end of grand expectations : monetary and financial integration after the crisis in Europe

Dieter, Heribert - 2014

number of weaknesses in the approach taken in the eurozone. In Europe, there was an unresolved tension between the so …

Persistent link: https://www.econbiz.de/10010367480

Controlled dismantlement of the euro area in order to preserve the European Union and Single European Market

Kawalec, Stefan; Pytlarczyk, Ernest - 2012

The Eurozone crisis mobilises an appreciable amount of the attention of politicians and the public, with calls for a … EU institutions along with the Single European Market. -- Eurozone crisis ; Internal devaluation ; Deflation ; Currency …

Persistent link: https://www.econbiz.de/10009550684

Estonia and the European Monetary Union : are there benefits from a “late” accession?

Baas, Timo - 2014

2011. During this time, trading shares with Eurozone countries declined, raising questions about the optimal accession time …Der Beitritt von Estland zur Eurozone verzögerte sich aufgrund der Nichterfüllung des EU-Konvergenzkriteriums zur … Preisniveaustabilität auf Januar 2011. Zwischen 2006 und 2011 reduzierte sich der Anteil der Eurozone am Handel Estlands, wodurch sich gemäß …

Persistent link: https://www.econbiz.de/10010417152

Do prices in the EMU converge (non-linearly)?

Fritsche, Ulrich; Lein, Sarah; Weber, Sebastian - 2009

This paper examines the current state of price convergence amongst the eleven initial EMU member states. Special attention is given to possible changes in the convergence process during the euro cash changeover. We apply the convergence approach using both panel estimates of changes in the...

Persistent link: https://www.econbiz.de/10010425231