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During the European sovereign debt crisis, most countries that ran into fiscal trouble had Catholic majorities, whereas countries with Protestant majorities were able to avoid fiscal problems. Survey data show that, within Germany, views on theeuro differ between Protestants and Non-Protestants,...
Persistent link: https://www.econbiz.de/10010519459
During the European sovereign debt crisis, most countries that ran into fiscal trouble had Catholic majorities, whereas countries with Protestant majorities were able to avoid fiscal problems. Survey data show that, within Germany, views on the euro differ between Protestants and...
Persistent link: https://www.econbiz.de/10011289064
This empirical study investigates if people's concerns about the euro currency affect their life satisfaction. A … about the euro on people's satisfaction with life. The first potential explanation is that perceived economic insecurity …
Persistent link: https://www.econbiz.de/10010498374
reforms are not effective enough to solve the youth unemployment problem across Europe. We point to educational policies that … afterwards. Beyond the well documented asymmetries across countries, we uncover different responses of adult and youth … unemployment rates. While adult unemployment is more prone to experience structural breaks, youth unemployment is more sensitive to …
Persistent link: https://www.econbiz.de/10011476560
We estimate the dynamic effects of a high-frequency identified unionwide quantitative easing (QE) shock on real GDP, inflation and unemployment in all euro area countries. We document that the effects of QE are very heterogenous across countries as regards size, significance and timing,...
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This paper overviews the early history of the euro and argues that the euro was sub-optimally designed, without monetary sovereignty of Eurozone (EZ) Member States, in order to comply with political goals set by wealthier Member States. Given this constraint, the euro architects designed a...
Persistent link: https://www.econbiz.de/10012894941