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In the debate about a possible exit of Greece from the euro area, Argentina is often referred to as an example - both … by those in favour of and those warning of the adverse effects of a Grexit. Yet, while Argentina pulled off an impressive …
Persistent link: https://www.econbiz.de/10011531927
Persistent link: https://www.econbiz.de/10001715006
Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU countries and Greece. We found significant instability...
Persistent link: https://www.econbiz.de/10010425867
This paper compares relative unit labour cost developments in the countries of the euro-area since the beginning of the European Monetary Union (EMU) both with historical developments and with intra-regional unit labour cost developments in the United States of America and Germany. To this end,...
Persistent link: https://www.econbiz.de/10010426369
Using a modified version of the model presented by Belke and Gros (2007), we analyze the stability of adjustment in a currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU countries and Greece. We found significant instability...
Persistent link: https://www.econbiz.de/10003915319
In the debate about a possible exit of Greece from the euro area, Argentina is often referred to as an example–both by … those in favour of and those warning of the adverse effects of a Grexit. Yet, while Argentina pulled off an impressive …
Persistent link: https://www.econbiz.de/10011956059
Persistent link: https://www.econbiz.de/10008776362
Die Wachstumsschwäche in einigen europäischen Ländern wie Portugal und Italien in der ersten Hälfte dieses Jahrzehnts sowie anhaltend hohe Inflationsraten und ein Bauboom in Spanien haben zu einer Debatte darüber geführt, ob sich möglicherweise die einzelnen Länder der Eurozone...
Persistent link: https://www.econbiz.de/10011601730
inflation convergence using different approaches, namely panel unit root tests, cointegration tests and error-correction models …
Persistent link: https://www.econbiz.de/10010260904
gereicht hätte, um die Inflationsrisiken zu begrenzen. Statt mit Augenmaß die Inflation in Schach zu halten, droht die EZB mit …
Persistent link: https://www.econbiz.de/10011692814