. The model is estimated with Euro-Swiss Franc exchange rate and options price data. In the first few months of the minimum … low as about 1 Swiss franc per euro …

All of the attempts to end the euro crisis and to return the Eurozone countries to healthy growth rates of income and …

but also spilled over beyond the euro area. Lower interest rates allowed peripheral countries to run bigger deficits … analyze the geography of international debt flows using multiple data sources and provide evidence that after the euro … euro area …

The emergence of these problems just a dozen years after the start of the euro in 1999 was not an accident or the …The creation of the euro should now be recognized as an experiment that has led to the sovereign debt crisis in several … exist in most Eurozone countries. Although the European Central Bank managed the euro in a way that achieved a low rate of …

At a time of historic challenges to the viability of the Eurozone, we assess the contribution of the EU and the Euro to … between member countries whether or not members have also adopted the Euro. The Euro adoption as well as the anticipation of … the Euro adoption has minimal effects on market integration …

Although recent research shows that the euro has spurred cross-border financial integration, the exact mechanisms … remain unknown. We investigate the underlying channels of the euro's effect on financial integration using data on bilateral … euro's impact on financial integration is primarily driven by eliminating the currency risk. Legislative …

The paper provides and empirical characterization of fiscal policy in the euro area and in a group of twenty-two OECD … economies over the period from 1970 until 2007. Using the cyclically-adjusted fiscal balance we document that policy in the euro … policies. However, the component of the budget due to automatic stabilizers reacts stronger in the euro-area countries than in …