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This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …
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prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life …-policy transmission in the euro area. …
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competitiveness are not high on the agenda of the politicians responsible and their advisers, time to save the euro is running out. …
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In this paper, a survey on theoretically expected and empirically proved impacts of exchange rate volatility is given. With regard to the West German unemployment, the effects of volatility are empirically analysed using three different volatility measures and four country groups. In...
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Competitiveness differentials are blamed for the instability of the Eurozone. Most of the analyses focus on labour … additional dividends. The yearly charge counts for at least 4% of their value added. -- Eurozone ; competitiveness ; non …
Persistent link: https://www.econbiz.de/10009715724
This paper contributes to the discussion on the European current account imbalances by analysing the intra-European trends since 1990 based on the theory of optimum currency areas. The authors show that German unification was the origin of not only the 1992-93 EMS crisis but also rising...
Persistent link: https://www.econbiz.de/10009760197