At a time of historic challenges to the viability of the Eurozone, we assess the contribution of the EU and the Euro to …

after the current financial crisis, being stronger in the latter period. Robustness tests with different data frequencies …

-through" approach towards the Eurozone crisis. We review several manifestations of this muddling through process. Greater mobility of …This paper looks at the short history of the Eurozone through the lens of an evolutionary approach to forming new … mature institutions in the Eurozone …

bubble burst and the crisis began unfolding it became clear that the Eurozone plight differed from America's in one … fundamental respect. There was no exact counterpart of Eurozone GIIPS (Greece, Italy, Ireland, Portugal, and Spain) in the United …The global financial crisis which erupted in the United States instantaneously swept across Europe. Like the United …

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 … of productivity growth and competitiveness, (5) the special problems of Greece and Italy, (6) and the pros and cons of a …

We estimate the impact of the COVID-19 crisis on business failures among small and medium size enterprises (SMEs) in … by up to 11 percentage points, representing 0.3 percent of banks' assets and resulting in a 0.75 percentage point decline …

pattern of the United States. In this paper we compare the US with Germany, Italy, the United Kingdom, and also with Canada …

dynamics in a crisis and accentuate potential cross-border flows. The answer lies in the details of the TARGET payment system …