this writing fails to put the OMC into the broader context of EMU; in contrast, this paper links the Amsterdam employment … contents of the Employment Title were determined by EMU, its form the OMC by social democratic reluctance to transfer power to …

structural breaks after the beginning of the second stage of EMU in the mid-nineties, while the estimates for Spain show a …

To assess the effects of the EMU on inflation rate dynamics of its member states, the inflation rate series for 21 …

problems within the EMU are not only missing the right incentives but also setting the wrong ones. In contrast to current …

processes which have to be estimated by discretely sampled observations. Using daily exchange rate data prior to the Greek EMU … increased central bank intervention activities in the run-up to the Greek EMU entrance. Thus the modelling and estimation …

-switching GARCH model this paper estimates the volatility processes of four EMU exchange rate returns vis-?-vis the German mark using … daily data for the time prior to Stage III of EMU. Statistical inference yields the dates at which financial markets began … to incorporate the expected EMU participation of each country into currency pricing. The data exhibits strong econometric …