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This paper presents an updated meta-analysis of the effect of currency unions on trade, focusing on the Euro area …-regression analysis, the Euro's trade promoting effect corrected for publication bias is insignificant. The Rose effect literature shows …
Persistent link: https://www.econbiz.de/10008527384
This paper presents an updated meta-analysis of the effect of currency unions on trade, focusing on the Euro area … underlying effect for non-Euro studies reaches about 50%. However, the Euro's trade promoting effect corrected for publication …
Persistent link: https://www.econbiz.de/10004976806
We review the literature on business-cycle correlation between the euro area and Central and Eastern European countries …. Our meta-analysis suggests several CEECs already have comparably high correlation with the euro area business cycle. We …
Persistent link: https://www.econbiz.de/10005771110
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
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 …
Persistent link: https://www.econbiz.de/10008533515
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 …
Persistent link: https://www.econbiz.de/10005405814
This paper studies the euro effects on intermediate and final exports taking advantage of the world input … international economics, the euro trade effects, with the theme of supply chain trade. The main findings are the following: i) the … euro has positively affected Eurozone trade with a larger effect on intermediate flows relative to final exports; ii) the …
Persistent link: https://www.econbiz.de/10010856768
the euro which has shown the weaknesses of the European institutions and stressed the heterogeneity of member countries …. The global financial crisis struck the euro area very severely because it coincided with the lack of appropriate policy … euro. In the following section it describes the euro crisis and examines the remedies put in place, noting that despite the …
Persistent link: https://www.econbiz.de/10011258694
One solution to the euro crisis as a debt crisis can be found in stimulating economic growth. The Troika has proposed … wages only will not solve the euro crisis. Only in the case of Greece, Europe’s biggest 'problem child', would a general …
Persistent link: https://www.econbiz.de/10011258799
The New European Member States (NMS) are expected to adopt the euro as soon as they fulfil the Maastricht criteria … the euro as soon as possible or should they join the euro zone later on, when the real convergence of their economies is … well underway? In the mean time, what currency system should the new European members adopt before joining the euro zone …
Persistent link: https://www.econbiz.de/10004965132