This paper provides evidence on whether the creation of the euro has changed the way global turbulences affect euro … area and other economies. Specifically, it considers the impact of global shocks on the competitiveness of individual euro … over 60 countries' real effective exchange rates, including those of the individual euro area economies, and compares …

“Euro Bonds” guaranteed by the Eurozone countries or the EU itself for the purpose of redeeming sovereign bonds by market … likely have serious adverse consequences for the Euro and the EU, and may be less likely that a bailout of some kind. The …

Although Europe is about to introduce a commom monetary policy with one common European currency, the euro, estimating … the expected costs and income is not an easy task. This paper analyzes in-depth the benefits of the euro. The prospects …

This paper measures the Euro impact on FDI in Economic and Monetary Union countries, an issue of present concern …, the Euro decreasing on average inward FDI by 3,389.523 US dollars million in EMU member countries. Moreover, the paper is … approaching a Quantile Regression that provides results of the Euro effect on different percentages of the FDI sample. The outcome …

bankruptcy, should the euro continue to exist <br>4.4 Target losses in the case of a euro break-up or a German exit <br>4.5 Shift …

Despite the expectations of economists that the euro changeover would have no effect on prices, I show that European … euro-effect on prices. The data also suggest that this price growth is correlated with consumers’ ability to adapt to the …

>(Paul De Grauwe and Marianna Grimaldi)</i></li> <li>Exchange Rates in Search of Fundamentals: The Case of the Euro¨CDollar Rate … EMU <i>(Paul De Grauwe and Luigi Spaventa)</i></li> <li>The Euro and Financial Crises <i>(Paul De Grauwe)</i></li> <li …