disparities, in particular within the Eurozone where there is no exchange-rate mechanism available to play this role. We shed some … be absorbed by migration within a year. However, in the Eurozone the reaction mainly stems from migration of third …-country nationals. Even within the group of Eurozone nationals, a significant part of the free mobility stems from immigrants from third …

the Eurozone. Real exchange rate patterns closely accord with an amended Balassa-Samuelson interpretation, both in cross … from simulated regressions are very similar to the empirical estimates for the Eurozone. Our findings contrast with …

This paper simultaneously analyzes wake-up-call and pure contagion of sovereign risk in the Eurozone during its recent … policymakers. For all Eurozone countries considered, we observe an increase in the relevance of general risk aversion towards …

sovereign bonds spreads in the Eurozone crisis. Using quarterly data for a sample of EMU countries during the period 2000 …

? Stefan Homburg, Universität Hannover, ist skeptisch. Seiner Ansicht nach steckt die Eurozone in einer Zwickmühle. Etliche … Wirtschaftswachstum in Südeuropa, das aber unrealistisch sei. Wer die Lage der Eurozone nüchtern betrachte, müsse angesichts der Zunahme …

purpose we make use of a simple twocountry Dynamic Stochastic General Equilibrium (DSGE) model linking Romania to the Eurozone … shocks that are hitting the Romanian economy are more volatile than those that affect the Eurozone. Because we have a micro …

Since the Eurozone’s Effilochement has become a fact and European integration theories, as defined in existing theories … the European states. In particular, it means that the Eurozone has introduced currency warfare against the currencies of … - level geo-economic approach to analyse how and why the current Eurozone’s Effilochement - structural and political - are …