This book makes a unique contribution to the assessment of Eurozone’s foundations and viability by drawing on factor mobility. It makes essential reading for all professionals keen in Eurozone economics and anyone with a genuine interest on the future of EU/Eurozone. Static and dynamic...

This book analyses business cycles synchronization in the Euro Area (EA), one of the 3 criteria that define Optimal Currency Areas (OCAs). Even before its launch, economists questioned whether the EA has what it takes to become an OCA. The onset of the sovereign debt crisis in 2010 confirmed the...