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Using new and unique survey evidence on digitalisation activities and investment in climate change of non-financial firms in the EU and the US, this article documents the trend towards twin digital and green investment in the corporate landscape after the COVID-19 pandemic. We use information...
Persistent link: https://www.econbiz.de/10014334681
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
Although there are currently four retail central bank digital currencies in circulation, no central bank has yet issued the wholesale form of a central bank digital currency. There are good reasons to do so, however, and central banks have already conducted projects in this area. A wholesale...
Persistent link: https://www.econbiz.de/10014485127
Persistent link: https://www.econbiz.de/10010271006
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
Digitalisation has become one of the core concepts in European modernisation. Whileinvestment in computer hardware, telecommunications equipment, software and databaseshas increased over the years, the degree of modernity of the overall capital stock has not.This paper examines whether there is...
Persistent link: https://www.econbiz.de/10014459451
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
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
Persistent link: https://www.econbiz.de/10010327999
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