Showing 1 - 10 of 69
This survey, which was conducted in September 1998, shows that the degree of acceptance of the Euro has grown to 78 …% among the public and 94% among businesses. Merely a quarter of the public is aware, however, of the starting year of the EMU … of Euro notes and coins in 2002. But people are willing to facilitate the transition by an extra trip to the bank or by …
Persistent link: https://www.econbiz.de/10005101868
A disadvantage of EMU is the lack of national monetary policy to absorb country-specific shocks. The seriousness of … shocks within EMU. The aim of this paper is to analyse empirically whether shocks in EMU became more or less symmetric. The … results suggest that within EMU the symmetry of demand shocks increased during the last two decades, whilst the symmetry of …
Persistent link: https://www.econbiz.de/10005106691
A disadvantage of EMU is the lack of national monetary policy to absorb country-specific shocks. The seriousness of … shocks within EMU. Previous empirical research on the asymmetry of shocks mainly focused on correlation coefficients between … shocks in the EMU. The aim of this paper is to analyse empirically whether shocks in EMU became more or less symmetric. By …
Persistent link: https://www.econbiz.de/10005106766
This paper addresses two important, but distinct, issues in monetary policy. The first issue concerns regional influences on voting within a monetary policy committee. In a committee that includes representatives from different regions or countries, is there a regional element to the monetary...
Persistent link: https://www.econbiz.de/10005101829
This paper tests for the transmission of the 2007-2010 financial and sovereign debt crises to fifteen EMU countries. We …, this increase is not present for non-financials. Third, before the crisis euro appreciations are associated with European …
Persistent link: https://www.econbiz.de/10008860749
We explore the role of financial openness - capital account openness and gross capital inflows - and a newly constructed gravity-based contagion index to assess the importance of these factors in the run-up to currency crises. Using a quarterly data set of 46 advanced and emerging market...
Persistent link: https://www.econbiz.de/10010757284
This paper is part of the Kobe Research Project and documents the Dutch and Thai experiences regarding exchange rate policy, capital controls, and developments in the banking sector. In view of these experiences, it seeks to identify requirements for successful currency regimes, in particular...
Persistent link: https://www.econbiz.de/10005101913
integration process. Central points in the report are the weak exchange rate of the euro vis à vis the dollar and views on the …
Persistent link: https://www.econbiz.de/10004970704
euro and EMU is at an acceptable level, that there is no widespread need for checking accounts in euro but that consumers …This paper presents the results of the eight' DNB euro survey which was held in March 1999 by NIPO by order of de … Nederlandsche Bank. Conclusions with respect to the consumers are, that the support for the euro is stable, that the knowledge about …
Persistent link: https://www.econbiz.de/10005106704
This research memorandum presents and discusses the results of the 10th DNB euro survey which was held in September … the weakening of the euro vis-à-vis the dollar. In the longer run, though, people expect the euro to recover. Euro … conversion rate. A majority of the Dutch public want, as soon as possible, products to be priced in euro, but shops are reluctant …
Persistent link: https://www.econbiz.de/10005106717