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countries of the European Union from 1996 to 2018, results indicate that consumers in the Eurozone lost 0.98% ± 0.22% in annual … per capita consumer welfare after adopting the euro …
Persistent link: https://www.econbiz.de/10014356087
This paper studies the impact of the mental money conversion process on price perception in Austria (1 euro = 13.76 ATS …) and France (1 euro = 6.56 francs). Money conversion has been implicated and investigated within the framework of 2 … different reference price conceptions. In addition, the evolution of threshold prices from current currencies to the euro was …
Persistent link: https://www.econbiz.de/10013089637
This paper studies the impact of the mental money conversion process on price perception in Austria (1 euro = 13.76 ATS …) and France (1 euro = 6.56 francs). Money conversion has been implicated and investigated within the framework of 2 … different reference price conceptions. In addition, the evolution of threshold prices from current currencies to the euro was …
Persistent link: https://www.econbiz.de/10013097832
Persistent link: https://www.econbiz.de/10003852701
Persistent link: https://www.econbiz.de/10012152941
We study interest rates transmission to savings at low and negative rates. Exploiting cohorts of consumers from a data-rich multi-country survey, we show how the strength of interest rate transmission to savings varies with the level of nominal interest rates. This response is positive when...
Persistent link: https://www.econbiz.de/10013375223
Persistent link: https://www.econbiz.de/10013392282
The Consumer Expectations Survey (CES) is an important new tool for analysing euro area household economic behaviour … qualitative euro area information in a timely manner that facilitates direct cross-country comparisons. During the pilot phase, it … was conducted for the six largest euro area countries and contained 10,000 individual respondents. In the context of the …
Persistent link: https://www.econbiz.de/10012703193
Persistent link: https://www.econbiz.de/10014287557
The inquiry into the global significance of the euro, which is the second most important currency in the international …’s strategic autonomy. The main obstacles impeding the further internationalisation of the euro include the lack of a sovereign … behind it and the heterogeneity and struc­tural problems of the euro area member states. The international status of the euro …
Persistent link: https://www.econbiz.de/10014472490