experienced by Euro area countries over the last three decades. In the model current account balances are used to smooth … (Belgium, France, Italy, Netherlands, Portugal, and Spain) of the ten Euro area countries examined, although the model tends to … European countries at the creation of the Euro but they had considerably diverged by 2005. While in Portugal these expectations …

This paper focuses on the pass-through of exchange rate changes into the prices of imports made by euro area countries … estimate industry-specific rates of pass-through across and within countries for all euro members. In the short-run, pass … equality of pass-through rates across industries and countries can be rejected. Differences exist across euro area countries in …

2003 was a good year for the shareholders of the companies in the Euro Stoxx 50: the shareholder value creation of …,051 million), L'Oreal (-8,089) and Ahold (-5,427). None of the Spanish companies in the Euro Stoxx 50 destroyed shareholder value … the 20 days after the index recomposition. In 2003, the Euro Stoxx 50 was much more volatile than the S&P 500 or the Dow …

2004 was a good year for the shareholders of the companies in the Euro Stoxx 50: the shareholder value creation of …,823). In 2004, the Euro Stoxx 50 was much more volatile than either the S&P 500 or the Dow Jones. Shareholder value destruction … in the three-year period 2002-2004 was €-0.9 trillion. The market value of the companies included in the Euro Stoxx 50 …