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Persistent link: https://www.econbiz.de/10001920629
challenges faced by the new members on the road to the euro and the strategies for and timing of euro adoption. We investigate … the real-nominal convergence nexus from the perspective of euro area entry. We argue that the initial level of economic … the timing of entry into euro area. This is because the lower is the per capita income, the larger is the price level gap …
Persistent link: https://www.econbiz.de/10010494377
The aim of this study is to review what we know about depositors' behavior, using empirical observations and experimental data. I find that both fundamental problems and coordination failures between depositors explain depositors' behavior and therefore the emergence of bank runs. I show that...
Persistent link: https://www.econbiz.de/10012290269
The aim of this study is to review what we know about depositors' behavior, using empirical observations and experimental data. I find that both fundamental problems and coordination failures between depositors explain depositors' behavior and therefore the emergence of bank runs. I show that...
Persistent link: https://www.econbiz.de/10012011994
postponed euro-adoption until 2020 without any explanation, which is one of the motivations of our analysis. We review the … arguments formulated in 2000-2004 regarding the adoption of the euro by the profession, as well as the declarations and actual … policies pursued by successive governments during the 2000-s. The study discusses the crisis within the euro area, the …
Persistent link: https://www.econbiz.de/10010494500
postponed euro-adoption until 2020 without any explanation, which is one of the motivations of our analysis. We review the … arguments formulated in 2000-2004 regarding the adoption of the euro by the profession, as well as the declarations and actual … policies pursued by successive governments during the 2000-s. The study discusses the crisis within the euro area, the …
Persistent link: https://www.econbiz.de/10009521086
Persistent link: https://www.econbiz.de/10001860126
Persistent link: https://www.econbiz.de/10001553102
Persistent link: https://www.econbiz.de/10001433331