Showing 61 - 70 of 208,579
In this paper we investigate the impact of the euro integration process on the drivers of FDI inflows. We show … bilateral gravity models of FDI inflows into euro area countries, we show that the euro facilitates intra-euro area vertical FDI … countries located outside the monetary union increase. Such flows are however not more likely be directed towards euro area …
Persistent link: https://www.econbiz.de/10011999066
In this paper, sound public finances under the euro means sustainability in the long term instead of short- and medium …-term fiscal discipline. The challenges to sustainability are identified for the four largest euro area member states, and several … resort for a euro area government under liquidity shortage to prevent it from developing into a general financial crisis …
Persistent link: https://www.econbiz.de/10012238506
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
: support for the euro is lower than in most other eurozone countries, and a possible exit could have serious consequences for … Eurozone und ein möglicher Ausstieg Italiens aus dem Euro könnte schwerwiegende Folgen für die gesamte Währungsunion haben …The COVID-19 pandemic may lead to a resurgence of the euro crisis. In this context, Italy seems particularly vulnerable …
Persistent link: https://www.econbiz.de/10012251893
studies examining the effect of euro on bilateral trade and we found that publication bias in this area of research is … diminishing. This study finds the effect of euro on bilateral trade to be between 2 and 6%. Using meta regression we conclude that …
Persistent link: https://www.econbiz.de/10011568610
The euro area will not have a centralized budget, and smoothing of country-specific asymmetric shocks via private …
Persistent link: https://www.econbiz.de/10011576621
All explorations of the future of the Euro show serious risks for its survival in the present form. The road map of the … Five EU Presidents presented in 2015 is far from sufficient to reduce the risks of the Euro zone falling apart by Brexit … risk of the Euro‐area falling apart in a chaotic way, through further divergence in labor productivity, through new Banking …
Persistent link: https://www.econbiz.de/10011582732
Persistent link: https://www.econbiz.de/10011644477
no evidence of a euro effect on trade flows among early euro adopters up to the year 2002. Second, this finding is robust … to extending the sample period to incorporate data up to 2013, covering five additional euro accessions. Third, while … there is no robust evidence of a euro effect, there is evidence that intra-EU trade flows have expanded faster than the …
Persistent link: https://www.econbiz.de/10011597238
We estimate a three-region (DE-REA-RoW) structural macroeconomic model, and we provide a counterfactual on how nominal exchange rate flexibility would have affected the German trade balance (TB) by simulating the shocks of the estimated model under a counterfactual flexible exchange rate regime....
Persistent link: https://www.econbiz.de/10011983671