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Bulgaria follows a currency board tied to the euro and we find that multi-product firms (MPFs) specializing only in Non …
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customer is the most used and that the euro is replacing the Swedish krona both in transactions with EMU-member countries but …-through ; price setting currency ; exchange rate exposure ; nominal rigidity …
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much will depend on whose laws govern trade.Managing Euro Risk explains how the problem has arisen. Legally, the Eurozone …
Persistent link: https://www.econbiz.de/10014096367
of Economic and Monetary Union (EMU) in Europe. We use corporate-level data from ten countries that adopted the euro, the … three EU countries that did not join EMU, as well as Norway and Switzerland. We show that the introduction of the euro has … supports the view that the introduction of the euro has lowered firms' cost of capital by eliminating currency risks among the …
Persistent link: https://www.econbiz.de/10001693121
In this paper we study the changes in corporate valuations induced by the adoption of the euro as the common currency … in Europe. We use corporate-evel data from ten countries that adopted the euro, the three EU countries that did not start … using the euro, as well as Norway and Switzerland. We show that the introduction of the euro has increased Tobin's Q …
Persistent link: https://www.econbiz.de/10001753268
On 16th November 2009, SUERF, CEPS and the Belgian Financial Forum coorganized a conference "Crisis management at cross-roads" in Brussels. All papers in the present volume are based on contributions at the conference and the SUERF Annual Lecture which followed the event.
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last two waves of EU enlargement have had on Russia, as well as the role of the euro in Russia. The analysis suggests that …This paper reviews selected aspects of economic relations between the EU and Russia, focusing on the impact that the … if EU enlargement has had any diversion effects on trade between the EU and Russia at all, they have been minimal, while …
Persistent link: https://www.econbiz.de/10012750208