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the member countries. The initial hypothesis regarding the impact of euro launch in terms of Foreign Direct Investment … theory and empirical research like market size, labor cost, openness, technology, interest rate and introduction of the Euro …
Persistent link: https://www.econbiz.de/10011279846
This paper examines the factors affecting bilateral Foreign Direct Investment (FDI) stocks from 14 high income countries to 31 OECD countries over the period 1995-2015. We specifically emphasise the effect of regional trade agreements such as the European Union (EU) and the North American Free...
Persistent link: https://www.econbiz.de/10012921549
is described using a stochastic regime-switching model; second, the euro area governments’ responses to uncertain … macroeconomic policies in Greece are considered. The model's mechanism and assumptions allow either for a Grexit from the euro area … understand key drivers of the long-winded negotiations between the Syiza government and the euro area governments. …
Persistent link: https://www.econbiz.de/10011406792
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
pragmatic question in this context is: Did delegating monetary policy to the ECB increase stress in the individual euro area … countries? An SVAR analysis reveals that monetary stress has declined more in the euro area than in the euro areas’ doppelganger … euro becoming a dominant currency. …
Persistent link: https://www.econbiz.de/10012301359
If there is a high level of synchronization among euro zone country housing markets, the European Central Bank can … harder time setting policy. Given the importance of housing to the macroeconomy, such co-movement across euro zone countries … are the first to use endogenous break methods to explicitly test for whether the introduction of the euro has changed home …
Persistent link: https://www.econbiz.de/10012960961
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
In the 24 years since its introduction, the euro has experienced a financial crisis, a government debt crisis, a global …
Persistent link: https://www.econbiz.de/10014362756
obligate Scotland to eventually join the euro common currency. If Scottish home prices were not highly cohesive with those in … euro zone countries, the ECB's monetary policy could cause major disruptions for Scottish housing, and, by extension, the … Scottish economy. As an example, if most euro-country home values were rising, but those in Scotland were falling, the ECB …
Persistent link: https://www.econbiz.de/10012806015
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …
Persistent link: https://www.econbiz.de/10011308548