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to the welfare effect of the euro cash changeover. When evaluating the impact of the euro cash changeover on individual … the effect of the euro cash changeover. Imposing less restrictive assumptions leaves out an answer about the direction of …
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applies a parametric difference-in-differences approach to assess the real effects of the introduction of the euro on … the initial problems were overcome within one year of the introduction of euro cash …
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In January 2009, the Slovak Republic will adopt the euro and become the 16th member of the euro area. This paper … investigates the implications of euro adoption in the Slovak Republic for inflation and interest rates with an attempt to quantify … experience of the first-wave euro area countries – suggests that the cash changeover will most likely be associated with a …
Persistent link: https://www.econbiz.de/10012446794
This paper investigates whether or not the adoption of the Euro has facilitated the introduction of structural reforms … theoretical arguments that may link the adoption of the Euro and structural reforms, we investigate the empirical evidence. We … find that the adoption of the Euro has been associated with an acceleration of the pace of structural reforms in the …
Persistent link: https://www.econbiz.de/10012464168
We test whether and how the adoption of the euro, narrowly defined as the end of competitive devaluations, has affected … euro has been accompanied by a reallocation of activity within rather than across sectors. Since its adoption, productivity … since the adoption of the euro. Restructuring has entailed a shift of business focus from production to upstream and …
Persistent link: https://www.econbiz.de/10012464193
This paper tests whether trade in new goods is partially responsible for the pro-trade effects of the euro and provides …-firms trade model in a multi-country environment to structure our empirical model, we find that the euro had a positive impact on … the pro-trade effect of euro-usage on non-Euroland nations trading with euro-users. We confirmed the absence of trade …
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