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In this paper we examine changes on investment decisions induced by the introduction of the Euro. There are two … potential sources of portfolio reallocation. First, the introduction of the Euro diminished exchange rate risks within the EMU …
Persistent link: https://www.econbiz.de/10010296249
postponed euro-adoption until 2020 without any explanation, which is one of the motivations of our analysis. We review the … arguments formulated in 2000-2004 regarding the adoption of the euro by the profession, as well as the declarations and actual … policies pursued by successive governments during the 2000-s. The study discusses the crisis within the euro area, the …
Persistent link: https://www.econbiz.de/10010494500
postponed euro-adoption until 2020 without any explanation, which is one of the motivations of our analysis. We review the … arguments formulated in 2000-2004 regarding the adoption of the euro by the profession, as well as the declarations and actual … policies pursued by successive governments during the 2000-s. The study discusses the crisis within the euro area, the …
Persistent link: https://www.econbiz.de/10009521086
There are many studies aiming at estimation of aggregate trade effects of the euro adoption by the old EU countries … the impact of the common currency on the cost of exporting. There are only few studies analyzing implications of euro …
Persistent link: https://www.econbiz.de/10013057164
We test whether and how the adoption of the euro, narrowly defined as the end of competitive devaluations, has affected … euro has been accompanied by a reallocation of activity within rather than across sectors. Since its adoption, productivity … the adoption of the euro. Restructuring has entailed a shift of business focus from production to upstream and downstream …
Persistent link: https://www.econbiz.de/10014199895
We test whether and how the adoption of the euro, narrowly defined as the end of competitive devaluations, has affected … euro has been accompanied by a reallocation of activity within rather than across sectors. Since its adoption, productivity … since the adoption of the euro. Restructuring has entailed a shift of business focus from production to upstream and …
Persistent link: https://www.econbiz.de/10013149194
, Norwegian krone, Swedish krona, Swiss franc, and euro exchange rates (against the US dollar) during the period 1994-2003. Using … formal decision to proceed with the euro was made in December 1996 and at the time of the actual introduction of the euro in …
Persistent link: https://www.econbiz.de/10010325483
, Norwegian krone, Swedish krona, Swiss franc, and euro exchange rates (against the US dollar) during the period 1994-2003. Using … formal decision to proceed with the euro was made in December 1996 and at the time of the actual introduction of the euro in …
Persistent link: https://www.econbiz.de/10011343243
The purpose of this paper is to estimate the specific impact of the introduction of the euro on Italian consumer … inflation that can be attributed solely to the rounding of prices to figures that are "attractive" in euro. The empirical …
Persistent link: https://www.econbiz.de/10013082230
In January 2009, the Slovak Republic will adopt the euro and become the 16th member of the euro area. This paper … investigates the implications of euro adoption in the Slovak Republic for inflation and interest rates with an attempt to quantify … experience of the first-wave euro area countries – suggests that the cash changeover will most likely be associated with a …
Persistent link: https://www.econbiz.de/10012446794