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Since the introduction of the euro in January 1999, exchange rate stability in the periphery of the euro area is …
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Since the introduction of the euro in January 1999, exchange rate stability in the periphery of the euro area is …
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Since the introduction of the euro in January 1999, exchange rate stability at the periphery of the euro area is …
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Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have … warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone … more in the Eurozone periphery than in the standard counterfactual scenario. These results are not dictated by any specific …
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