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In this paper, we examine the cost of insurance against model uncertainty for the Euro area considering four alternative reference models, all of which are used for policy-analysis at the ECB. We find that maximal insurance across this model range in terms of a Minimax policy comes at moderate...
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The study aims to revisit some of the macroeconomic issues related to Hungary's eurozone-accession. The government … Hungary actually intends to join the eurozone, it is in the country's best interest to fulfil the requirements necessary for … convergence could be improved. -- euro-adoption ; crisis in the eurozone ; country experiences in the eurozone ; economic …
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