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The three-month Eurepo interest rate, the euro component of the SDR interest rate basket, will be discontinued as of … representative interest rate instrument of the euro area in the SDR interest rate basket since 2006. However, faced with a … secondary market yield curve covering euro area government bonds rated either investment grade or AA and above. In staff's view …
Persistent link: https://www.econbiz.de/10014410559
The British Government has focused the discussion on the adoption of the euro on its economic consequences. Whilst … there are economic arguments for the UK joining the euro, even when those arguments are not a matter of ‘life and death …’. The political implications of the UK joining the euro are much more important. Here the most crucial aspects of the debate …
Persistent link: https://www.econbiz.de/10014344407
Has the Euro created a more competitive market? Using a staggered difference-in-differences design we find that the … Euro has increased firm-level market power between 23% and 30% after its adoption. This happens because deepening economic … explanation, the Euro effect on market power is between 8% and 9% larger for tradable industries and between 10% and 17% larger …
Persistent link: https://www.econbiz.de/10014350566
- states: one with a better economic condition as compared to the other, in pre- and post- euro years. It studies the Export … impact of euro was nowhere to be seen so far. Exploring the data, one could not find a direct relation between the common …
Persistent link: https://www.econbiz.de/10014352917
propose a methodology which takes into account specific features of Euro-denominated wholesale funding markets. We discuss the …
Persistent link: https://www.econbiz.de/10014353428
This study examines the relationship between economic policy uncertainty and exchange rate volatility in the Euro area … textual analysis methods. Findings suggest that European uncertainty significantly impacts the euro exchange rate volatility …
Persistent link: https://www.econbiz.de/10014353526
After the Global Financial Crisis, productivity growth in many euro area countries fell behind non-euro EU and other … developed countries. While various explanations have been put forward, little has been said on the role of the euro in slowing … synthetic control method (SCM) to the productivity impact of the euro, have violated the similarity requirement of the donor …
Persistent link: https://www.econbiz.de/10014353605
Persistent link: https://www.econbiz.de/10014487655
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