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The optimum currency area theory and the EMU: An assessment in the context of the eurozone crisis
Jager, Jennifer; Hafner, Kurt A. - In: Intereconomics 48 (2013) 5, pp. 315-322
The eurozone crisis has revealed certain shortcomings of the EMU, such as its vulnerability to asymmetric shocks and … increased since the introduction of the euro, dissimilarities in economic structure combined with high degrees of industrial …
Persistent link: https://www.econbiz.de/10011418796
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Monetary dialogue 2009-2014: Looking backward, looking forward
Belke, Ansgar - In: Intereconomics 49 (2014) 4, pp. 204-211
In response to the financial crisis, the ECB has had to adopt new instruments to support the euro area economy and …
Persistent link: https://www.econbiz.de/10011530750
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Convergence in GDP per Capita in the Euro Area and the EU at the Time of COVID-19
Licchetta, Mirko; Mattozzi, Giovanni - In: Intereconomics 58 (2023) 1, pp. 43-51
This paper investigates determinants of convergence in GDP per capita in the euro area and the EU between 1995 and 2021 …-driven persistent divergence in growth. Regression results provide further evidence of convergence in the euro area and the EU over the … growth, especially in euro area countries. …
Persistent link: https://www.econbiz.de/10014334683
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Does a weak Euro signify poor competitiveness of the Euro zone?
Hinze, Jörg - In: Intereconomics 35 (2000) 4, pp. 183-190
Persistent link: https://www.econbiz.de/10010271006
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ECB: Independence at risk?
Weber, Christoph S.; Forschner, Benedikt - In: Intereconomics 49 (2014) 1, pp. 45-50
the bank has put its independence at risk. The bank's vow to do 'whatever it takes' to save the euro has added a second …
Persistent link: https://www.econbiz.de/10011477720
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Designing a European unemployment insurance scheme
Andor, László; Dullien, Sebastian; Jara, H. Xavier; … - In: Intereconomics 49 (2014) 4, pp. 184-203
With disparities in national unemployment rates reaching record levels, the debate on fiscal stabilisers in Europe has gained new momentum. Can a European unemployment insurance scheme help to absorb asymmetric shocks and bring about the desired level of macroeconomic stabilisation? What should...
Persistent link: https://www.econbiz.de/10010471476
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The adjustment mechanism in the euro area
Biroli, Pietro; Mourre, Gilles; Turrini, Alessandro - In: Intereconomics 48 (2013) 3, pp. 159-166
This paper analyses the adjustment mechanism in the euro area prior to the crisis. Results show that the real exchange …
Persistent link: https://www.econbiz.de/10011307030
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Europe under Merkel's third term
Pelkmans, Jacques - In: Intereconomics 48 (2013) 5, pp. 266-267
Persistent link: https://www.econbiz.de/10010327999
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The Euro Area Periphery Debt Conundrum
Brooks, Robin; Pingle, Jonathan - In: Intereconomics 57 (2022) 5, pp. 283-287
There are many reasons to reform the Stability and Growth Pact, but that reform is no panacea. This is because the euro …
Persistent link: https://www.econbiz.de/10013468419
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Private consumption and cyclical asymmetries in the euro area
Clausen, Volker; Schürenberg-Frosch, Hannah - In: Intereconomics 47 (2012) 3, pp. 190-196
clear differences between Germany and the rest of the euro area. These asymmetric consumption functions may be responsible …
Persistent link: https://www.econbiz.de/10010369099