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new monetary system. The US and Europe should consider to adopt the same currency through a system of fixed exchange rates …
Persistent link: https://www.econbiz.de/10008648332
This study inspects if there is greater convergence with Germany amongst the Eurozone founding members and if their relations with the hegemonic economy have been more symmetrical after "euroization". The dimensions explored are those inspired by the optimum currency areas (OCA) framework. To...
Persistent link: https://www.econbiz.de/10011499412
The departure of Tony Thirlwall, a pioneer, renowned scholar, and a generous mentor, is a major loss to economics. This article reviews his main contributions to economics. The article focuses on his approach and method to economics and on his research output in the theory and empirics of growth...
Persistent link: https://www.econbiz.de/10014550878
This study operationalizes the Optimum Currency Area (OCA) to investigate the preparedness of Economic Community of West African States (ECOWAS) members to form a Monetary Union (MU). Inflation and output models are estimated, with the sample 1988:01 to 2017:12 for the former and 1967 to 2016...
Persistent link: https://www.econbiz.de/10012016723
The ongoing Euro crisis and the worse economic development in Europe compared to that in the United States is grounded …
Persistent link: https://www.econbiz.de/10011285699
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effective lower bound (ELB), and negative interest rate policies (NIRPs), specifically in the case of the digital euro (DE …, we explore whether CBDCs can change the ELB and affect consumer preferences in favor of the digital euro over physical …
Persistent link: https://www.econbiz.de/10014636057
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