nineties and the puzzling decline of the euro during its virtual existence to changes in the demand for deutschmarks in eastern … the dollar and the weakness of the euro reflect the prosperity of the US and the weakness of the European economy on both …

As a result of the Balassa effect relative prices change rapidly between and within the euro countries. Thus it is … no country face a deflation. This minimum aggeragate inflation rate is 0.94% in the euro-11 countries and 1.13% in an …

banks, because the Euro will have to be bought by these banks in exchange for assets which have been accumulated in the …

While the ECB helped mitigate the euro crisis in the aftermath of Lehman, it has stretched its monetary mandate and …

institutions. The euro has operated as a currency without a state, under the dominance of Germany. This has so far allowed the euro … responsibility for the euro's future. Germany's resilience and dominant size within the EU may explain its "muddling …

now highly-sensitive GIIPS group and other European country groupings (EU and Euro Area excluding GIIPS, and the non … in GIIPS to other euro countries is not evident once own-country credit rating changes are taken into account …

countries to global crisis news and euro crisis news. Overall, we find that whereas global crisis news had a consistently … negative effect on returns of equity and bond markets in developing countries, the effect of euro crisis news was more mixed …

euro) makes the response of a financial variable such as the REER and exchange market pressure in the PHs more sensitive to …We study how the financial conditions in the Center Economies [the U.S., Japan, and the Euro area] impact other … interest rates and the real exchange rate (REER), the link with the CEs has been pervasive for developing and emerging market …