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model suggests that the EMU members may want to withhold the publication of forecasts when taking enlargement with a more …
Persistent link: https://www.econbiz.de/10005398514
The stringent deficit criterion followed by the EMU is motivated by the belief that a sustainable fiscal arrangement is … in the Euro area and compare and contrast the Euro-zone deficit with the US federal deficit. We find (i) evidence of … fiscal convergence in most of the Euro-11 countries; (ii) achievement of 3% criteria by all Euro-countries immediately before …
Persistent link: https://www.econbiz.de/10005466813
Monetary Union (EMU). …
Persistent link: https://www.econbiz.de/10010898075
In this paper we study Finland`s way to the Economic and Monetary Union (EMU) and her economic development as a member … of the EMU. First, we describe the economic background of the membership and the arguments presented in research and … discussion for and against it. Then we describe Finland`s economic performance in the Euro zone. The main part of the paper …
Persistent link: https://www.econbiz.de/10005818390
The euro is the second most important global currency after the US dollar. However, its international role has not … increased since its inception in 1999. The private sector prefers using the US dollar rather than the euro because the financial … the attractiveness of the euro outside the euro area requires, among others, a proactive role for the European Central …
Persistent link: https://www.econbiz.de/10012265943
Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in …. Support for the euro in the two euroarea members Austria and Finland has remained high and relatively stable since the … physical introduction of the new currency nearly 20 years ago, while the euro crisis significantly reduced support for the euro …
Persistent link: https://www.econbiz.de/10012269193
The article discusses possible implications of European Monetary Union (EMU) on member states' budget policies. It …
Persistent link: https://www.econbiz.de/10010332923
This paper examines the evolution of public support for the euro since its introduction as a virtual currency in 1999 … popularity of the euro. We find that a majority of citizens support the euro in each individual member country of the euro area … econometric work demonstrates that unemployment is a key driver of support behind the euro. Given these developments, we discuss …
Persistent link: https://www.econbiz.de/10011984438
Austria, Finland and Sweden became members of the EU in 1995. This paper examines how support for the euro and trust in …. Support for the euro in the two euroarea members Austria and Finland has remained high and relatively stable since the … physical introduction of the new currency nearly 20 years ago, while the euro crisis significantly reduced support for the euro …
Persistent link: https://www.econbiz.de/10012268758
This chapter examines the evolution of public support for the euro and public trust in the European Central Bank (ECB … currency, we find that a majority of citizens in every member country of the euro area (EA) support the euro. The economic … crisis in the EA following the Great Recession and the euro crisis led to a slight decline in public support for the euro but …
Persistent link: https://www.econbiz.de/10013208851