Showing 1 - 10 of 8,477
We analyse the effect of Slovakia’s euro adoption in 2009 on the country’s economic performance by using the synthetic … European economies that have remained outside the Euro zone. We estimate that by adopting the euro, Slovakia gained 10% of real …
Persistent link: https://www.econbiz.de/10011577856
trade, production and financial market linkages - has engendered several macroeconomic implications for the euro area. This … paper focuses on assessing the key impacts on the euro area macroeconomy through an analysis of prospective channels … openness of the euro area in terms of both trade and capital flows as well as the global reduction in transportation and …
Persistent link: https://www.econbiz.de/10013157128
investigates the implications of euro adoption in the Slovak Republic for inflation and interest rates with an attempt to quantify … raise the Slovak inflation rate above the euro area level. As capital markets have already fully priced in euro membership …In January 2009, the Slovak Republic will adopt the euro and become the 16th member of the euro area. This paper …
Persistent link: https://www.econbiz.de/10012446794
It is by now widely accepted that the structural characteristics of the countries to become the euro area did not … adhere to the conditions of an optimum currency area (OCA) when the euro was introduced in 1999. However, the satisfaction of … and on convergence across the euro area are analysed. It is concluded that not only the period of nominal convergence …
Persistent link: https://www.econbiz.de/10010486803
Which have been the consequences of the euro for integration and economic performance in the Baltic Sea region? After …: the Polish zloty depreciated in the critical moment of the crisis, while currency boards with the aim of joining the euro … Sea region suggests that the euro provides "the golden fetters" of our time. Emigration, also a kind of integration, has …
Persistent link: https://www.econbiz.de/10012433742
European Union (EU) in the 1973, 1980s, 1995 and 2004 enlargements, if those countries had not joined the EU. We find large … positive effects from EU membership but these differ across countries and over time (they are only negative for Greece). We …
Persistent link: https://www.econbiz.de/10010350820
, including a new and comprehensive free trade deal with the EU that minimises both tariff and non-tariff barriers. Instead, the … somewhere in-between. But the outcome will depend on talks with the EU that have not yet even begun, as well as future policy … barriers between the UK and EU could be anywhere between ‘high’ and ‘none’, depending on what new arrangements are agreed. Here …
Persistent link: https://www.econbiz.de/10013224243
We use the case of EU enlargement in 2004 to investigate the impact of economic integration on regional income growth … indicate that EU-15 regions up to a distance of 100 km from the integration border experience positive integration effects, but … settings and placebo tests. Country-specific estimates for the EU-15 finally indicate that in particular East German regions …
Persistent link: https://www.econbiz.de/10011922710
domestic product, consumer confidence, and monetary policy rates while raising CPI inflation. A counterfactual experiment, in …
Persistent link: https://www.econbiz.de/10013194430
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