On the basis of a brief reconstruction of the causes and impacts of the Euro crisis, this paper explores …, counterfactually and hypothetically, whether the new Euro regime, insisting on fiscal austerity and supply-side reforms, could have …

. The progressive relation between the two major currencies, i.e. the U.S. dollar and the Euro, is to be considered as a …

This paper estimates the speed and determinants of euro adoption across Italian provinces by exploiting the natural … experiment in early 2002 when euro and lira dually circulated as legal tender. A unique data set with daily observations on the … net flows of euro banknotes from the branches of the Bank of Italy, province by province, is used. The speed of euro …

The paper is aimed at presenting the extent to which dollar and euro fulfil particular functions of world money. At the … by foreign entities in trade and international finance. Then, the degree to which dollar and euro functioned as world … money in the period 1999 - 2007 is subject to verification. Finally, dollar and euro prospects for becoming international …

The paper is aimed at presenting the extent to which dollar and euro fulfil particular functions of world money. At the … by foreign entities in trade and international finance. Then, the degree to which dollar and euro functioned as world … money in the period 1999 - 2007 is subject to verification. Finally, dollar and euro prospects for becoming international …

This is the only book in print in the world about the single global currency, and is the only book in the world priced … enable people of different currency areas to trade. That system has become far more sophisticated in the meantime and handles … currency. In a 3-G world with a single global currency managed by a global central bank within a global monetary union …

domestic currency. Countries with fluctuating exchange rate experienced depreciation of their currencies. Countries with fixed …

of EMU). Second it reviews how ERM2 is conducive to future euro-zone membership of the accession countries. From the … "outs" to fulfill the convergence criteria, and whether in this case "ins" open the door for the "outs" to enter the euro … of the Central and Eastern European accession countries to the euro area. In order to overcome these pitfalls the author …