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In the 24 years since its introduction, the euro has experienced a financial crisis, a government debt crisis, a global pandemic, and an energy crisis-and survived. Using a model focusing on households, this Weekly Report shows that the monetary union’s stability is rooted in the fact that the...
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inequality using the synthetic control method. We find that EMU, out of our sample of eight euro countries, has significant …
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This study analyzes the connectedness of income inequality, governance, and key macroeconomic factors in the EMU and WB … transmitters poised to wreak havoc the WB and the EMU. Our novel findings indicate that the EU has to immediately assist the WB in … stabilizing the inequality since the dangerous and growing inequality is a historical violent shock for the WB and the EMU …
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