We model pre-euro Spanish monetary policy and use our findings to assess the compatibility of the interest rates set by … the ECB since 1999 with Spanish macrofundamentals. We find that in the 1990s Spain implemented successfully a monetary … strategy tailored to its own domestic fundamentals; and by abolishing it to join the euro she has paid a cost in the form of a …

aktuellen Finanz- und Wirtschaftskrise - eine baldige Übernahme des Euro in den restlichen EU-Ländern sei. Theo Waigel …, Europäische Zentralbank, haben der Euro und die gemeinsame europäische Geldpolitik in den letzten zehn Jahren eine Entwicklung … Quaisser die Tagung "Zehn Jahre Euro - Bewährung in der Finanzkrise" statt. Einige der dort vorgestellten Referate sind hier …

This paper assesses the Euro’s influence upon European trade by estimating two different indicators. The first is the … with its trade partners. This study of the Euro’s influence by means of the Border Effect is a novelty in the literature …, it reveals that the Euro’s influence upon trade is not so clear as papers focused only on the Rose Effect claim. This …

currencies and adopted a new common currency, the euro. Several recent papers argue that the introduction of the euro has led (by … put the trade effect of the euro in historical perspective. We argue that the creation of the EMU was a continuation (or … integration, the euro?s impact on trade disappears. Moreover, a significant part of the trend in European trade integration is …