Aim/purpose - The aim of this paper is to present two cases of crises in Greece and Italy and to evaluate the shadow … sample covers Greece in 1989-2020 and Italy in 1989-2020. Findings - The research presented the estimation of shadow exchange … rates EUR/GRD and EUR/ITL during the euro zone membership period. Leaving the euro area one can expect the following market …

We investigate how the 2014-2016 depreciation of the euro against the US dollar triggered a cascade effect on the … specific case of Greece to verify whether the higher export demand towards the USA in the two main European exporting countries … ARDL model which is able to track short- and long-term effects of the depreciation on the industries of Greece with respect …

This paper tests the hypothesis on market efficiency for returns on the euro against fifteen currencies while assuming …

Zahlungsbilanzkrise verursacht. Ein breit gefächerter Ansatz in der Wirtschaftspolitik ist daher erforderlich, um die Eurozone auf einen …A multi-faceted approach is required for the euro area to restore sustainable growth and prevent a vicious circle of …-economic convergence in the euro area. This, with together the restoration of the health and resilience of the banking sector, is the key …

This paper investigates the effects of Greece's European Union (EU) accession and European Economic and Monetary Union …