Using a sample of 1154 European firms from 11 countries, we show that firm-levelexchange exposure for Eurozone and non-Eurozone … European firms has increased sincethe introduction of the euro, but this rise was smaller for Eurozone than non … Eurozone countries, so the advent of the euroappears to have been associated with a shift in exchange risk from systematic to …

jumps in the aggregate endowment, we explicitly solve the equilibrium asset prices in a pure-exchange economy with a …

zum BIP [. . . ] zwischen 2004 und 2005 in der Eurozone von 69,8% auf 70,8% und in der EU25 von 62,4% auf 63,4% erhöht …

incipient recovery of the economy from the recession. An upswing matching approximately the average rate of real growth observed … prediction. The deficit is supposed to halt the recovery in the near future and possibly push the economy into a new recession …