This paper focuses on a possible explanation for the weakness of the euro, namely the lack of transparency of the … analyze directly the impact of higher uncertainty on the euro-dollar exchange rate. The empirical findings are in line with … European interest rates, capital outflows, and a weaker euro vis-a-vis the U.S. dollar …

introduction of the Euro in 1999 are then examined introducing a dummy variable. Overall, it appears that post-1999 steady … determined endogenously, the adjustment is found to have taken place before the introduction of the Euro …

This paper focuses on macroeconomic interdependencies between the Euro area and three transition economies (Estonia …, Lithuania and Latvia), with the aim of establishing whether the latter are ready to adopt the Euro. The theoretical framework is … exchange rate vis-à-vis the Euro of each Baltic country, reflecting a degree of real convergence consistent with Optimum …

By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro …

By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro …

By estimating a staggered price model over the period 1980q1-2010q2, this paper documents that, after the euro …, with a detrimental effect on the competitiveness of the Italian economy. -- Euro changeover ; staggered price adjustments …