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This paper studies the effect of the euro introduction on international FDI flows. Using country-pair data on 35 OECD … the euro on capital reallocation. In general, the euro exhibits no significant impact on FDI. However, the effect becomes … membership fosters FDI flows much more than the euro, increasing FDI flows by 55 to 166 percent. Among other FDI determinants …
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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 …
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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 …
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We model pre-euro Spanish monetary policy and use our findings to assess the compatibility of the interest rates set by … strategy tailored to its own domestic fundamentals; and by abolishing it to join the euro she has paid a cost in the form of a …
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