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Payments are a key focus of central banks, as - together with the safe, efficient operation of the payments market - wide access to cash is fundamentally important for a healthy economy. In this study, three main research areas were investigated: 1. socioeconomic characteristics that can be...
Persistent link: https://www.econbiz.de/10013373669
We study the cyclical dynamics of consumption in the euro area (EA) and the large EA countries by distinguishing … main findings are: (i) durables react faster and more strongly than nondurables after monetary shocks in the euro area and …
Persistent link: https://www.econbiz.de/10013315322
. We focus on the acceptance of cashless payments in everyday situations and the use of mobile banking apps in the euro …. While mobile banking is already popular amongst euro area consumers, the use of smart payment methods remains very limited …
Persistent link: https://www.econbiz.de/10014490489
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euro, from the inception of the currency in 2002 through to 2013. An original applied statistical approach searches for a … points in time of the euro integration process. These hypotheses are tested using the rigour of a bivariate analysis and the … labour productivity. The paper concludes that in the last decade the convergence of countries sharing the euro has been …
Persistent link: https://www.econbiz.de/10011542637
After reviewing the main determinants of the current Eurozone crisis, this paper discusses the feasibility of … austerity measures in order to abide by their commitments with Eurozone institutions and the IMF. We show that the introduction … of fiscal currencies would speed up the recovery, without violating the rules of Eurozone Treaties. At the same time …
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