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In this paper, we analyze the volume of euro banknotes issued by Germany within the euro area with several seasonal … methods. We draw a distinction between movements within Germany, circulation outside Germany but within the euro area and … demand from non-euroarea countries. Our approach suggests that only about 20% of euro notes issued by Germany are used for …
Persistent link: https://www.econbiz.de/10010209428
of the EU, as in the case of the UK and Denmark. The newly admitted Member States are obliged to introduce the euro as … exclusive competence for the monetary policy of the Member States whose currency is the euro on the EU, Article 3(1)(c) TFEU and … by bestowing the euro with the quality of legal tender, the only legal tender in the EU, Article 128(1) sentence 3 TFEU. …
Persistent link: https://www.econbiz.de/10010510063
The euro area will not have a centralised budget and smoothing of country-specific asymmetric shocks via private …
Persistent link: https://www.econbiz.de/10011444463
is described using a stochastic regime-switching model; second, the euro area governments’ responses to uncertain … macroeconomic policies in Greece are considered. The model's mechanism and assumptions allow either for a Grexit from the euro area … understand key drivers of the long-winded negotiations between the Syiza government and the euro area governments. …
Persistent link: https://www.econbiz.de/10011406792
studies examining the effect of euro on bilateral trade and we found that publication bias in this area of research is … diminishing. This study finds the effect of euro on bilateral trade to be between 2 and 6%. Using meta regression we conclude that …
Persistent link: https://www.econbiz.de/10011568610
of history confirm the stability of the euro as a single currency in the region and it is seen as a great achievement of …
Persistent link: https://www.econbiz.de/10012212663
Persistent link: https://www.econbiz.de/10012266490
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 euroarea 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 …
Persistent link: https://www.econbiz.de/10012269193
Persistent link: https://www.econbiz.de/10012511043
Persistent link: https://www.econbiz.de/10012664109