effects. The announcement of an ECB euro liquidity line decreases the premium paid by foreign agents to borrow euros in FX … equity prices increase by around 1.75% in euro area countries highly exposed via banking linkages to countries whose …

per capita consumer welfare after adopting the euro …

Eurozone country would have evolved without adopting the euro. We let this matching algorithm determine which combination of … other developed economies best resembles the pre-euro path of twelve Eurozone economies. Our estimates suggest that there … adopting the euro spurred government consumption and deterred investment and private consumption. The common currency also …

role of the euro is one of the key elements in this regard. Through timely analysis of the changes stemming from the … promotion of the international role of the euro.While it is implausible that the euro will overcome the primacy of the US dollar … supranational issuer to a sovereign size issuer. This means that the pool of highly rated euro-denominated safe assets will expand …

We investigate inflation convergence between the Euro Zone and its CEE partners using panel data methods that …