euro as their currency and recent research has shown that countries currently pursuing this goal indeed fulfill the …

The euro area will not have a centralised budget and smoothing of country-specific asymmetric shocks via private …

Using the measures proposed by Mink et al. (2012), we reexamine the coherence of business cycles in the euro area using … business cycle coherence did not increase monotonically. The COVID-19 pandemic made that the signs of the output gaps of euro …

combined with the theory of optimum currency areas. It shows how since the turn of the millennium a too expansionary monetary …

is described using a stochastic regime-switching model; second, the euro area governments’ responses to uncertain … macroeconomic policies in Greece are considered. The model's mechanism and assumptions allow either for a Grexit from the euro area … understand key drivers of the long-winded negotiations between the Syiza government and the euro area governments. …