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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
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The international integration of money markets in the central and east European accession countries : deviations from covered interest parity, capital controls and inefficiencies i...
Herrmann, Sabine; Jochem, Axel - 2003
after accession to the EU, the implementation and transmission of the single monetary policy within the Eurosystem will … einem EU-Beitritt keine Rolle mehr spielen werden, könnte innerhalb des Eurosystems die Implementierung und Transmission der …
Persistent link: https://www.econbiz.de/10011432010
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Die internationale Integration der Geldmärkte in den mittel- und osteuropäischen Beitrittsländern : Abweichungen von der gedeckten Zinsparität, Kapitalverkehrskontrollen und Ineffi...
Herrmann, Sabine; Jochem, Axel - 2003
after accession to the EU, the implementation and transmission of the single monetary policy within the Eurosystem will … einem EU-Beitritt keine Rolle mehr spielen werden, könnte innerhalb des Eurosystems die Implementierung und Transmission der …
Persistent link: https://www.econbiz.de/10011432015
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The international integration of foreign exchange markets in the central and east European accession countries : speculative efficiency, transaction costs and exchange rate premium...
Herrmann, Sabine; Jochem, Axel - 2003
A test of speculative efficiency on the foreign exchange markets of Poland, the Czech Republic, Hungary and the Slovak republic was unable to identify a cointegration relationship between forward and spot rates against the euro for the period between 1999 and mid-2002. Econometric studies...
Persistent link: https://www.econbiz.de/10011432049
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Die internationale Integration der Devisenmärkte in den mittel- und osteuropäischen Beitrittsländern : spekulative Effizienz, Transaktionskosten und Wechselkursprämien
Herrmann, Sabine; Jochem, Axel - 2003
Im Rahmen eines Tests der spekulativen Effizienz auf den Devisenmärkten Polens, der Tschechischen Repubik, Ungarns und der Slowakei kann für den Beobachtungszeitraum von 1999 bis Mitte 2002 keine Kointegrationsbeziehung zwischen Termin- und Kassakursen gegenüber dem Euro nachgewiesen werden....
Persistent link: https://www.econbiz.de/10011432050
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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
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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
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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
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Die internationale Integration der Devisenmärkte in den mittel- und osteuropäischen Beitrittsländern : spekulative Effizienz, Transaktionskosten und Wechselkursprämien
Herrmann, Sabine; Jochem, Axel - 2003
A test of speculative efficiency on the foreign exchange markets of Poland, the Czech Republic, Hungary and the Slovak republic was unable to identify a cointegration relationship between forward and spot rates against the euro for the period between 1999 and mid-2002. Econometric studies...
Persistent link: https://www.econbiz.de/10001758002
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Die internationale Integration der Geldmärkte in den mittel- und osteuropäischen Beitrittsländern : Abweichungen von der gedeckten Zinsparität, Kapitalverkehrskontrollen und Ineffi...
Herrmann, Sabine; Jochem, Axel - 2003
after accession to the EU, the implementation and transmission of the single monetary policy within the Eurosystem will …
Persistent link: https://www.econbiz.de/10001754141