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. …

Anhand der Daten der Euro-Ländern (mit Ausnahme Luxemburgs) wird der Frage nachgegangen, welche Auswirklungen die … Einführung des Euro und der Stabilitäts- und Wachstumspakt auf die Finanzpolitik dieser Länder hatte und ob der durch diese …

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 … the adoption of the euro. Restructuring has entailed a shift of business focus from production to upstream and downstream …

The paper deals with the choice of the nominal euro conversion rates for the acceding countries upon their accession to … of 'optimal' euro conversion rates is quiet wide and other issues must be taken into account. In particular, a smooth … transition to the euro conversion rate and minimisation of risks of potential shocks to the economy should be the key concern …

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 …