This paper attempts to review the argument that EMU leads to benefits from lower exchange rate uncertainty. Two …, there is the macroeconomic question of how EMU affects uncertainty. Most of the paper is devoted to the first question. For … following facts speak against the idea that EMU will be beneficial for Swedish firms: firms can adjust to exchange rate …

European Monetary Union (EMU) to the 10 countries that obtained EU membership in 2004. One-way and two-way error component …. Using a simulation-based technique, we find that estimates of FDI effects of EMU range between 18.5% for Poland and 30% for …

The paper summarises the channels and mechanisms which lead to the emergence of macroeconomic imbalances in the EMU … before, in and after the crisis of 2008/09. It focuses on the role of the specific institutional setting of the EMU in these …

A major economic reason for the introduction of the euro was its supposedly positive effect on intra-EMU trade …. Existing studies examine this suspicion indirectly using non-EMU data and report ambiguous results. We estimate the euro …-effect directly from data that include EMU observations. Using a dynamic panel model for annual bilateral exports, we find that the …

European treaty. Moreover, as long as the distance to the core of the EMU countries is still large, real convergence criteria …

-fledged pan-ECOWAS MU is not advisable. It is also found that members of the European Monetary Union (EMU) tend to be a better fit …

recent major crises, of the legal framework governing the European Economic and Monetary Union (EMU), as well as current … of the EMU.The following Section II (“The Impact of the Three Major Crises During the Period 2007-2021”) develops on how …

The paper deals first with the characters of unemployment and inflation and their trend in the EMU. Then it underlines … that EMU's institutions tend to reduce inflation to a minimum, while limiting fiscal interventions at the national and the …