Bayer, Christian; Kriwoluzky, Alexander; Müller, Gernot J. - In: DIW weekly report : economy, politics, science : a … 13 (2023) 29/31, pp. 217-222
monetary union occurs at the tails of the wealth distribution, namely between groups of equal wealth in different countries. … pandemic, and an energy crisis-and survived. Using a model focusing on households, this Weekly Report shows that the monetary … union’s stability is rooted in the fact that the middle class neither gains nor loses significantly relative to an …