Showing 1 - 10 of 2,103
Persistent link: https://www.econbiz.de/10000646179
Central America has received growing attention as a region that is integrating successfully into the global economy. This paper examines—among other things—the macroeconomic and fiscal implications of the Free Trade Agreement with the United States (CAFTA-DR), noting that the...
Persistent link: https://www.econbiz.de/10005252532
The aim of the paper is to evaluate the impact of the euro introduction in the Czech Republic on the trade with euro … area. The paper continue the present studies on expected impacts of euro introduction. Benefits associated with a monetary … crown with the Euro will lead to the stimulation of mutual trade. The paper concludes that the integration of the Czech …
Persistent link: https://www.econbiz.de/10010604019
Deutschland erhebliche Vorteile durch den Euro hat. Um dies zu zeigen, prognostizieren die Autoren der Studie die Entwicklung des … Rückkehr zu einer eigenen Währung pro Jahr um rund 0,5 Prozentpunkte langsamer expandieren würde als beim Verbleib im Euro. Der …
Persistent link: https://www.econbiz.de/10010684153
The euro countries currently experience a severe government debt crisis. Since Greece asked for financial assistance in …
Persistent link: https://www.econbiz.de/10010980404
, but also outside, the euro area. Despite less asymmetry in shock asymmetry since 1999, new statistical tests support the …
Persistent link: https://www.econbiz.de/10010854374
countries, the initial members of the euro club. This exercise is implemented using hierarchical cluster analysis for pre- and … post-euro periods. As a robustness check, a principal component analysis is applied. Secondly, the analysis deploys a …
Persistent link: https://www.econbiz.de/10010949445
The establishment of the ECB and with it the launch of the euro has arguably been a unique endeavor in economic history …
Persistent link: https://www.econbiz.de/10010958537
This paper extends Bayoumi and Eichengreen's (1993) approach to better visualize how far a given country is from a monetary union. Useful information is extracted from the scatter plot of correlation coefficients between supply and demand shocks. Indexes of distance and relative strength of...
Persistent link: https://www.econbiz.de/10011278725
French taxpayer. In the aftermath of the devaluation of the Franc CFA in 1994, and of the peg of the currency to the Euro in …
Persistent link: https://www.econbiz.de/10005260329