originated from the financial convergence that followed adoption of the euro. …

EU countries, vis a vis the US dollar, before and after the advent of the euro. Standard as well as nonlinear unit root …

This chapter examines the evolution of public support for the euro and public trust in the European Central Bank (ECB … currency, we find that a majority of citizens in every member country of the euro area (EA) support the euro. The economic … crisis in the EA following the Great Recession and the euro crisis led to a slight decline in public support for the euro but …

Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in …. Support for the euro in the two euro-area members Austria and Finland has remained high and relatively stable since the … physical introduction of the new currency nearly 20 years ago, while the euro crisis significantly reduced support for the euro …

We examine whether the introduction of the euro had a significantly positive impact on the synchronization of business … policy shocks in the euro area. Empirical evidence on this relationship is rare so far and su ers from methodical weaknesses … constructed on a year-by-year basis (1993-2011), we uncover a strong and robust empirical finding: the adoption of the euro has …

default. It is argued that the current crisis in Europe illustrates why the euro is not a real contender for hegemony in the …

suitable to its specific economic, social, and political context. Alternatively, the euro area will have to create a fiscal …