of the year. The Euro's international investment role appears more static though, since most of the early external asset … a special emphasis on the first year of the Euro. A contribution is made as to how to measure these roles, both for … international financing as well as for international investment. The times series collected for these measures allow for the …

, the euro and the Chinese renminbi (RMB). It focuses on what we call China’s" dominance hypothesis", i.e. whether the …

-Europe sentiment as does the 2010 Eurozone crisis. Yet, in spite of the worst recession in recent history, the Europeans still support …

We test whether and how the adoption of the euro, narrowly defined as the end of competitive devaluations, has affected … euro has been accompanied by a reallocation of activity within rather than across sectors. Since its adoption, productivity … since the adoption of the euro. Restructuring has entailed a shift of business focus from production to upstream and …

empirical assessment of their costs and benefits. In the process, we provide evidence on the economic effects of the euro. In … particular, and in contrast with estimates of the trade effect of other currency unions, we find that the impact of the euro on …

We ask whether Poland is at risk of the boom-bust problem that has afflicted economies around the time of euro adoption … from expectations of euro adoption will further feed that boom. On the other hand the fact that interest rates have already … converged part way to euro-area levels (and more extensively than in earlier adopters that experienced a sharp fall in rates and …

Against all odds, the euro turned out to be a weak currency. We argue that this outcome can readily be explained by the … point of the spectrum. We investigate this outcome empirically and show that the euro's weakness can be understood as the …