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Did the absence of a central bank backstop in the sovereign bond markets exacerbate spillovers during the euro-area crisis?

Gibson, Heather D.; Hall, Stephen G.; Gefang, Deborah; … - 2020

Persistent link: https://www.econbiz.de/10012264947

Roth, Felix; Jonung, Lars; Nowak-Lehmann D., Felicitas - 2011

Persistent link: https://www.econbiz.de/10009574203

Roth, Felix - 2012

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 …

Persistent link: https://www.econbiz.de/10013111533

Optimal currency area : a 20th century idea for the 21st century?

Aizenman, Joshua - 2016

Persistent link: https://www.econbiz.de/10011457154

Optimal Currency Area : A 20th Century Idea For the 21st Century?

Aizenman, Joshua - 2016

We take stock of the history of the European Monetary Union and pegged exchange-rate regimes in recent decades. The post-Bretton Woods greater financial integration and under-regulated financial intermediation have increased the cost of sustaining a currency area and other forms of fixed...

Persistent link: https://www.econbiz.de/10012456577