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We present new evidence on de facto euroization in eleven Central, Eastern and Southeastern European countries … Central European– countries are low and economically insignificant. Evidently, high euroization bears various significant … euroization indices, relating both assets and cash holdings. Results confirm that some countries are heavily euroized and that …
Persistent link: https://www.econbiz.de/10008568443
We present new evidence on de facto euroization in eleven Central, Eastern and Southeastern European countries …€“mainly Central European– countries are low and economically insignificant. Evidently, high euroization bears various significant … euroization indices, relating both assets and cash holdings. Results confirm that some countries are heavily euroized and that …
Persistent link: https://www.econbiz.de/10010727684
, Eastern and Southeastern Europe (CESEE) in October/November 2008, i.e. at a time when the global financial crisis had arrived …This article presents selected results of the third wave of the OeNB Euro Survey, which was conducted in Central … in Europe. Therefore, this article focuses on first evidence of households’ reactions to the crisis by comparing the most …
Persistent link: https://www.econbiz.de/10008623563
the level of income and education. An important aspect of euroization seems to be age (the older are more likely to hold … degree of euroization in a systematic and predictable way. Trust in the banking system is found to affect the choice between …
Persistent link: https://www.econbiz.de/10013370057
the level of income and education. An important aspect of euroization seems to be age (the older are more likely to hold … degree of euroization in a systematic and predictable way. Trust in the banking system is found to affect the choice between …
Persistent link: https://www.econbiz.de/10005802637
the region, no dramatic changes in the overall degree of euroization have occurred. This subdued impact is likely to …
Persistent link: https://www.econbiz.de/10008623556
The OeNB Euro Survey’s spring wave was conducted in May and June 2010 at a time of highly exceptional circumstances in the EU and in the euro area, which appear to have had a significant effect on CESEE households’ trust in the euro. However, it can be assumed that the reported low trust...
Persistent link: https://www.econbiz.de/10008756374
This research investigates what drives the euroization in Albania. By using survey data collected in one of the main … system play an important role in the extent of euroization together with the experience of past events. Factors related to … euroization. As regards the current Eurozone crisis, its impact on euroization results to be mediated by the (mis)trust in EURO …
Persistent link: https://www.econbiz.de/10012311498
This research investigates what drives the euroization in Albania. By using survey data collected in one of the main … system play an important role in the extent of euroization together with the experience of past events. Factors related to … euroization. As regards the current Eurozone crisis, its impact on euroization results to be mediated by the (mis)trust in EURO …
Persistent link: https://www.econbiz.de/10010760520
A considerable part of the euro banknotes issued since 2002 is in circulation in Central, Eastern and Southeastern …), economically significant amounts of euro cash are primarily held by households in Southeastern Europe, which – unlike households in … Central Europe – use euro cash as a store of value and partially as a means of payment in addition to their respective local …
Persistent link: https://www.econbiz.de/10011015362