Narrow search
Showing 1 - 10 of 25
Cover Image
Why has the Euro been falling?
Sinn, Hans-Werner; Westermann, Frank - 2001
This paper reconsiders the determinants of the exchange rate by studying the historical episode after the fall of the Iron Curtain. Testing a modified portfolio balance model, we attribute the strength of the deutschmark in the early nineties and the puzzling decline of the euro during its...
Persistent link: https://www.econbiz.de/10011398903
Cover Image
Social union, convergence and migration
Sinn, Hans-Werner; Ochel, Wolfgang - 2003
need for social policies at the EU level. Social harmonisation would distort migration flows and slow down the speed of …
Persistent link: https://www.econbiz.de/10011507973
Cover Image
Cohesion policy as a function of the EU budget : a perspective from CEE member states
Mrak, Mojmir; Richter, Sándor; Szemlér, Tamás - 2015
Persistent link: https://www.econbiz.de/10011295808
Cover Image
EU enlargement, migration and the new constitution
Sinn, Hans-Werner (contributor) - 2004
The paper deals with the effects of migration resulting from EU Eastern enlargement on the welfare states of Western … is a rational reaction of the state. The proposed new EU constitution which contains far-reaching rules for a European …
Persistent link: https://www.econbiz.de/10002523041
Cover Image
The Global Financial Crisis and its Impact on Emerging Market Economies in Europe and the CIS : Evidence from Mid-2010
Dabrowski, Marek - 2010
smaller output decline than the Euro area and the entire EU while the CIS, especially its European part, contracted more … (e.g., EU) and global levels …
Persistent link: https://www.econbiz.de/10013137442
Cover Image
Target Losses in Case of a Euro Break-Up
Sinn, Hans-Werner - 2012
Evaluation of the financial costs of a Eurozone breakup depends critically on the interpretation of TARGET balances. While it has been argued that TARGET claims in the Eurozone can be written off without incurring any losses on the claimants as the value of fiat money is independent of the...
Persistent link: https://www.econbiz.de/10013098046
Cover Image
A Strategy for EMU Enlargement
Dabrowski, Marek - 2009
challenge for the common currency in the medium to long run may come from widespread breaches of EU fiscal rules. So the …
Persistent link: https://www.econbiz.de/10013157589
Cover Image
Increasing the International Role of the Euro : A Long Way to Go
Dabrowski, Marek - 2020
The euro is the second most important global currency after the US dollar. However, its inter-national role has not increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial market for US dollar-denominated assets is larger...
Persistent link: https://www.econbiz.de/10012825125
Cover Image
The Economic and Monetary Union : Past, Present and Future
Dabrowski, Marek - 2019
Twenty years of euro history confirms the euro's stability and position as the second global currency. It also enjoys the support of majority of the euro area population and is seen as a good thing for the European Union. The European Central Bank has been successful in keeping inflation at a...
Persistent link: https://www.econbiz.de/10012869760
Cover Image
Fiscal Challenges Facing the EU New Member States
Dabrowski, Marek - 2009
the EU running structural fiscal deficits. More than half of them (including the biggest ones) breach the Treaty's actual … connected with EU accession cannot serve as excuse in delaying fiscal consolidation.In spite of the growing debate on the … relevance of the EU's fiscal surveillance rules and not excluding the possibility of their limited modification, they should not …
Persistent link: https://www.econbiz.de/10012720119