Turmoil in euro area once more forces EU authorities to rethink future of further monetary integration. One of the most …

We examine economic convergence among euro area countries on multiple dimensions. While there was nominal convergence … of inflation and interest rates, real convergence of per capita income levels has not occurred among the original euro … currency and has reversed in the wake of the global economic crisis. New euro area members, in contrast, have seen real income …

.4 before the introduction of the euro in 1999 to 0.6 afterwards; (2) this increase occurred in both euro and non-euro countries … suggest the euro accounted for approximately half of the observed increase in synchronisation …

between the countries that participated in the European Exchange Mechanism I and which are now members states of the Eurozone … cycles of the member states or it has acted as the monetary ground for the creation of a multi-speed Europe that includes … synchronisation of the cycles seems to become weaker since the adoption of the new currency. Especially for G6, the group of the …

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 …

policy across euro area regions. By exploiting a novel regional dataset on housing-related variables, a structural panel VAR …

Twenty years of euro history confirms the euro's stability and position as the second global currency. It also enjoys … the support of majority of the euro area population and is seen as a good thing for the European Union. The European …

supply conditions, interact with expectations-driven housing market fluctuations. …

We study the importance of supply constraints in explaining the heterogeneity in house price cycles across geographies … in the United States. Comparing the equilibrium house price generated with and without supply constraints in a … in supply constraints and determinants of housing demand. Our empirical analysis shows that supply constraints play an …