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Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much research has focused on understanding this integration process and what benefits and costs it entails. This paper identifies a political economy channel of EMU as the monetary union...
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This study deals with the question whether the central banks of Sweden, Denmark and the UK can really influence short … case of adverse monetary shocks to the economy for Sweden and Denmark, compared to the Euro area. We conclude that the … zum Euroraum unterschiedliche Risikoentwicklung und instabile Volatilitäten des Risikos, wenn Schweden und Dänemark …
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European countries, namely the United Kingdom, Sweden, Switzerland, Denmark, and Norway. For this purpose, we use a structural …
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The process of European integration has gained considerable momentum during the past couple of years. This paper provides an assessment of the degree of integration of both the accession states of central and eastern Europe and of the pre-ins for monetary union with respect to Germany. Using...
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