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, the eurozone and beyond. We argue genesis of this crisis lies in the integration negotiations of 1991, ratified in 1992 …. These produced a flawed economic model within the eurozone. Given the seeds of decay were planted at origin; we argue the … solution can be found through a reconstructed eurozone via looser integration, where countries less equipped to deal with the …
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housing wealth effects for the euro area. We use two macro-datasets for our estimations, one on the aggregate euro area for … the period 1980-2006, and one on the individual euro area countries from1995-2006, using panel data techniques. The impact … of all wealth variables on euro area consumption is significant and positive in most specifications for both datasets …
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sentiment and consumption expenditures for the United States and the euro area. It shows under which circumstances confidence … transmission of shocks, as U.S. confidence indices lead consumer sentiment in the euro area. - Consumer Confidence ; Consumption …
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the euro area. Our results support the hypothesis of Campbell and Cocco (2003) that the decision is best described as …
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