At a time of historic challenges to the viability of the Eurozone, we assess the contribution of the EU and the Euro to … equity market integration in Europe. We use a simple and essentially model free measure of bilateral market segmentation: two …

This paper looks at the short history of the Eurozone through the lens of an evolutionary approach to forming new …-through" approach towards the Eurozone crisis. We review several manifestations of this muddling through process. Greater mobility of … mature institutions in the Eurozone …

Europe's monetary union is part of a broader process of integration that started in the aftermath of World War II. In …

The global financial crisis which erupted in the United States instantaneously swept across Europe. Like the United … and recovery patterns for key EU members like Germany and France, within the Eurozone, were similar. However, after the … bubble burst and the crisis began unfolding it became clear that the Eurozone plight differed from America's in one …

exist in most Eurozone countries. Although the European Central Bank managed the euro in a way that achieved a low rate of … inflation, other countries both in Europe and elsewhere have also had a decade of low inflation without incurring the costs of a … Greek departure from the Eurozone …

, Europe fell behind steadily to a level of barely half in 1950, and then began a rapid catch-up. While Europe's level of … productivity has almost converged, its income per person has leveled off at about three-quarters of America's. How could Europe be … so productive yet so poor? The simple answer is that hours per person in Europe have fallen drastically in the past 40 …