Before the beginning of the euro-area crisis, fees (premiums) for Credit Default Swaps (CDS) for the same entity … (country) but nominated in different currencies were nearly equal. This is still true for non-euro area countries during the … crisis; but these differences increased dramatically for euro-area countries since the beginning of the crisis. For some euro …

the US, UK, Euro Zone and BRICS (Brazil, Russia, India, China and South Africa) countries, as a proxy for the measurement … financial crisis (GFC) and Euro Zone crisis (EZC). The intensity of contagion varies depending on its sources. This implies that …

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 …

This paper analyses the evolution of public support for the euro from 1990 to 2011, using a popularity function … half a million observations covering the 12 original euro area member countries, we find that the ongoing crisis has only … marginally reduced citizens' support for the euro – at least so far. This result is in stark contrast to the sharp fall in public …

exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro … (the DM). We use monthly data from 1975:01 to 2007:12. Applying a novel time-varying coefficient estimation approach, we …

exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro … (the DM). We use monthly data from 1975:01 to 2007:12. Applying a novel time-varying coefficient estimation approach, we …