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adjustment, the adjustment to a price shock in EMU might take several decades. Keywords: EMU, convergence, stability … currency union. Using econometric estimates for parameter values we check the stability conditions for the 11 original EMU …
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influence the introduction of the euro had on the trade of the member states of the Economic and Monetary Union (EMU). The … intention of this article is also to inspire further research (especially concerning the effect of the euro on the Slovene … foreign trade). Recent empirical researches show that the trade among the members of the EMU has grown on average by 10 …
Persistent link: https://www.econbiz.de/10013139856
strefy euro, które uzasadniałyby przystąpienie do ERM2 a także próba zdefiniowania skutków przestrzegania kryteriów z … euro adoption that would justify joining the ERM2. It was also intended to predict expected consequences of fulfilling …
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Twenty years of euro history confirms the euro's stability and position as the second global currency. It also enjoys … the support of majority of the euro area population and is seen as a good thing for the European Union. The European …
Persistent link: https://www.econbiz.de/10012869760
The creation of the European Monetary Union (EMU) created the conditions for increased trade and economic growth for … the member countries. The initial hypothesis regarding the impact of euro launch in terms of Foreign Direct Investment … a model explaining the intra-EMU FDI position of various EMU countries on the basis of their location advantages during …
Persistent link: https://www.econbiz.de/10011279846
The aim of our paper is to contribute to the debate on optimal fiscal rules in a monetary union: in terms of global budgetary deficit, of structural budgetary deficit, or of public debt. Indeed, these rules seem to be mixed in the framework of the European Economic and Monetary Union, with the...
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