Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have … warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone … more in the Eurozone periphery than in the standard counterfactual scenario. These results are not dictated by any specific …

Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have … warranted. To make this claim, this paper uses a Propensity Score Matching Model to produce counterfactuals for the Eurozone … more in the Eurozone periphery than in the standard counterfactual scenario. These results are not dictated by any specific …

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 … in trade, and the share of the Eurozone in Baltic trade has stagnated. A comparison with other countries in the Baltic …