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the member countries. The initial hypothesis regarding the impact of euro launch in terms of Foreign Direct Investment … theory and empirical research like market size, labor cost, openness, technology, interest rate and introduction of the Euro …
Persistent link: https://www.econbiz.de/10011279846
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a special emphasis on the first year of the euro. A contribution is made as to how to measure these roles, both for … identification of changes in the role of the euro during 1999 compared to the aggregate of euro predecessor currencies, net of intra … -euro area assets/liabilities, before stage 3 of EMU. A number of key factors determining the currency distribution of …
Persistent link: https://www.econbiz.de/10009767695
of the euro area. For this purpose, we differentiate between the departure of weak and strong countries, and examine the …
Persistent link: https://www.econbiz.de/10010255127
FDI inflows across individual member countries. Euro zone membership is statistically significant but a negative … determinant in the cases of Greece, Portugal, France, Belgium and Spain. Furthermore, for both Germany and Ireland the Euro area …
Persistent link: https://www.econbiz.de/10010255262
The euro area will not have a centralised budget and smoothing of country-specific asymmetric shocks via private …
Persistent link: https://www.econbiz.de/10011444463
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euro, from the inception of the currency in 2002 through to 2013. An original applied statistical approach searches for a … points in time of the euro integration process. These hypotheses are tested using the rigour of a bivariate analysis and the … labour productivity. The paper concludes that in the last decade the convergence of countries sharing the euro has been …
Persistent link: https://www.econbiz.de/10011542637
, these processes could help the transition of the euro from its current status of single currency to a status of “common …
Persistent link: https://www.econbiz.de/10011542675