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-- Anhang 5: Pläne zur monetären Integration der MOEL zur Eurozone -- Anhang 6: Dauerhafte Konvergenz als Voraussetzung zum …
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This paper analyses some long-run macroeconomic effects of European financial integration. In particular we focus on the further reduction and abolition of crossborder barriers impeding the entry into the markets of banking and insurance products. We follow a theoretical as well as an empirical...
Persistent link: https://www.econbiz.de/10013136626
We investigate which variables have supported growth in the euro area over the last 30 years. This is a challenging task due to dimensionality problems: a large set of potential determinants, limited data, and the prospect that some variables could be non-stationary. We assemble a set of 35...
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The paper discusses the impact of austerity policy on economic performance in the eurozone countries after the global … macroeconomic conditions which accompanied it and the impact of such policy on economic growth in the eurozone countries. The … Method of Moments was used. Data from 2010-17 for the eurozone countries served to prove the existence of a key negative …
Persistent link: https://www.econbiz.de/10012104382
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 … Eurozone’s specificity, which is instead to be traced back to a sharper-than-expected contraction in investment and fiscal …
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