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Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in …. Support for the euro in the two euroarea members Austria and Finland has remained high and relatively stable since the … physical introduction of the new currency nearly 20 years ago, while the euro crisis significantly reduced support for the euro …
Persistent link: https://www.econbiz.de/10012269193
find that the Euro adoption will have a noticeable impact on the Polish economic fluctuations. In particular, the … volatility of domestic output increases and the volatility of inflation decreases. Also, in order to quantify the effect of the … Euro adoption, we compute the welfare effect of this monetary policy change. Our findings suggest that the welfare cost is …
Persistent link: https://www.econbiz.de/10013130739
The COVID-19 pandemic had disastrous effects on health and economic activity worldwide, including in the Euro Area. The … ensuing economic policies on public support for the common currency, the euro, as measured by the Eurobarometersurvey. It … findsthat public support for the euro reached historically high levels in a majority of the 19 Euro Area member states in the …
Persistent link: https://www.econbiz.de/10013541792
The COVID-19 pandemic had disastrous effects on health and economic activity worldwide, including in the Euro Area. The … ensuing economic policies on public support for the common currency, the euro, as measured by the Eurobarometersurvey. It … findsthat public support for the euro reached historically high levels in a majority of the 19 Euro Area member states in the …
Persistent link: https://www.econbiz.de/10013455597
the (2007-2009) Global Financial Crisis (GFC), the subsequent fiscal crisis in the euro area and the most recent pandemic … Union (including the new (2021) monetary policy strategy of the Eurosystem and its implementation amidst the ‘inflation …
Persistent link: https://www.econbiz.de/10014077291
The paper analyzes the relation between monetary uncertainty and government incentives to implement economic reforms that reduce structural distortions and make economies more flexible. It is shown that uncertainty about the central bank's reaction function leads to more reforms. I relate this...
Persistent link: https://www.econbiz.de/10013317517
(CBPPs) on sovereign bond spreads and covered-bond prices, respectively, for five euro-area stressed countries -- Greece …
Persistent link: https://www.econbiz.de/10013492698
influence the exchange rate more strongly than money or inflation announcements. We find that surprisingly high real growth …
Persistent link: https://www.econbiz.de/10013103318
Although there seems to be a broad consensus among economists that purely floating or completely fixed exchange rates (the so-called corner solutions) are the only viable alternatives of exchange rate management, many countries do not behave according to this paradigm and adopt a strategy within...
Persistent link: https://www.econbiz.de/10014129040
We study the effects of U.S. monetary policy and macroeconomic announcements on Argentine money, stock and foreign exchange markets’ returns and volatility over the period 1998 to 2006 using a GARCH model. Firstly, we show that both types of news have a significant impact on all markets....
Persistent link: https://www.econbiz.de/10003865937