Showing 1 - 10 of 6,956
The euro is the second most important global currency after the US dollar. However, its international role has not … increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial … the attractiveness of the euro outside the euro area requires, among others, a proactive role for the European Central …
Persistent link: https://www.econbiz.de/10012265943
Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in …. Support for the euro in the two euroarea members Austria and Finland has remained high and relatively stable since the … physical introduction of the new currency nearly 20 years ago, while the euro crisis significantly reduced support for the euro …
Persistent link: https://www.econbiz.de/10012269193
economic variables determine a given country's currency bloc affiliation. The dollar bloc differs from the euro bloc in that …
Persistent link: https://www.econbiz.de/10010305207
The article discusses possible implications of European Monetary Union (EMU) on member states' budget policies. It predicts that the non-bail-out clause will not work.
Persistent link: https://www.econbiz.de/10010332923
This paper examines the evolution of public support for the euro since its introduction as a virtual currency in 1999 … popularity of the euro. We find that a majority of citizens support the euro in each individual member country of the euro area … econometric work demonstrates that unemployment is a key driver of support behind the euro. Given these developments, we discuss …
Persistent link: https://www.econbiz.de/10011984438
This chapter examines the evolution of public support for the euro and public trust in the European Central Bank (ECB … currency, we find that a majority of citizens in every member country of the euro area (EA) support the euro. The economic … crisis in the EA following the Great Recession and the euro crisis led to a slight decline in public support for the euro but …
Persistent link: https://www.econbiz.de/10013208851
Seit seiner Einführung am 1. Januar 1999 hat der Euro über ein Viertel seines Außenwertes verloren. Nachdem alle auf …, hat die These, dass die Schwäche darauf beruht, dass es bisher nur einen virtuellen Euro gibt, an Glaubwürdigkeit gewonnen … Finance« zu erklären. Aus der Sicht dieser Theorie könnte die Bargeldeinführung zum Vorteil des Euro ausschlagen, aber mit …
Persistent link: https://www.econbiz.de/10011691762
This paper deals with the question of what impact membership of the European Monetary Union (EMU) has had on small European states. We will also analyze whether or to what extent a large number of small member states affect the EMU itself when they vastly outnumber the large countries. We...
Persistent link: https://www.econbiz.de/10010311678
economic fundamentals of Euro area member countries have not harmonized. The opposite holds: the Euro core countries - most of … international competitiveness. Although the overall balance of payments for the Euro area at large is almost balanced, internal … disequilibria are skyrocketing and default risk premiums and tensions within the Euro area are rising, thus jeopardizing the …
Persistent link: https://www.econbiz.de/10008695492
the EMU, in no case should cutbacks be made for small countries concerning the stability requirements. -- Euro ; European …
Persistent link: https://www.econbiz.de/10009487855