beantworten: Welche Währung ist am besten für Unternehmen in einem kleinen Land? Dazu werden verschiedenen Arten von Währungen … diskutiert und drei Kriterien angewandt, an denen Unternehmen interessiert sind. Obgleich es gegenläufige Überlegungen gibt …, scheint der beste Kompromiss für Unternehmen in einem kleinen Land eine devisengesicherte Anbindung an eine Ankerwährung zu …

Fund (IMF), was supposed to support the member states of the euro area which had been hit hard by a sovereign debt crisis …. For that purpose, economic adjustment programs were drafted and monitored in order to prevent the break-up of the euro …, the danger of a renewed crisis in the euro area was growing. The European Stability Mechanism (ESM) together with the …

Well-functioning economic structures are key for resilient and prospering euro area economies. The global financial and … sovereign debt crises exposed the limited resilience of the euro area’s economic structures. Economic growth was masking … underlying weaknesses in several euro area countries. With the inception of the crises, significant efforts have been undertaken …

originated from the financial convergence that followed adoption of the euro. …

obligate Scotland to eventually join the euro common currency. If Scottish home prices were not highly cohesive with those in … euro zone countries, the ECB's monetary policy could cause major disruptions for Scottish housing, and, by extension, the … Scottish economy. As an example, if most euro-country home values were rising, but those in Scotland were falling, the ECB …

If there is a high level of synchronization among euro zone country housing markets, the European Central Bank can … harder time setting policy. Given the importance of housing to the macroeconomy, such co-movement across euro zone countries … are the first to use endogenous break methods to explicitly test for whether the introduction of the euro has changed home …

whether home values converge across eight euro-zone housing markets. Contrary to previous studies, we find only marginal …For the European Central Bank to incorporate euro-wide housing into its policy decisions, it is helpful if home values … evidence that euro housing markets converge. Moreover, for what convergence there appears to be, there is no evidence that the …