Competitiveness of the economy and the crisis of the European Monetary Union [PDF]
Bankarstvo, 2014 The crisis in the European Monetary Union revealed the internal weaknesses of its functioning. The evolution of the EMU was not accompanied by appropriate structural transformations.
Grbić Vladimir, Todić Dragoljub
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Duality in Cyclical Trends in European Union Confirmed
SAGE Open, 2018 This article differentiates the euro-economies in terms of the degree of synchronization with the cyclical position of Germany perceived herein as a hegemon economy.
Simona Hašková, Marek Vochozka
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Should the UK Join the Euro Zone? Evidence from a Synthetic OCA Assessment [PDF]
The European Journal of Comparative Economics, 2011 Based on optimal currency area theories, this paper applies the empirical methodology of structural VAR to revisit the question of whether UK should join or not the Euro zone.
Saucier, Philippe, Kang-Soek Lee
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Fiscal policy and rebalancing in the euro area: A critique of the German debt brake from a post-Keynesian perspective [PDF]
Panoeconomicus, 2014 The German debt brake is often regarded as a great success story and has therefore served as a role model for the Euro area and it’s Fiscal Compact. In this paper we fundamentally criticise the debt brake.
Hein Eckhard, Truger Achim
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The Commission’s Views on Strengthening the Euro Area: Barking up the wrong tree? CEPS Commentary, 14 September 2017 [PDF]
, 2017 In his State of the Union speech of September 13th, President Juncker laid out a vision for a political euro area. His starting point was that the euro should be considered the currency of the Union, not just the currency of some Member States.
Gros, Daniel.
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ROMANIA’S FISCAL STRUCTURE IN VIEW OF EURO ADOPTION. A MULTIDIMENSIONAL ANALYSIS [PDF]
CES Working Papers, 2014 The aim of this paper is to conclude whether the adoption of the single currency induced a trend of structural resemblance, and if so, to determine groups of countries with similar fiscal structures inside the Euro Area.
Maria-Isadora Lazar
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Polityczne i ekonomiczne problemy rozwoju strefy euro
Politeja, 2020 Political and Economic Problems of the Euro Area Development The aim of the article is to examine how political and economic changes introduced in the field of economic governance as a result of the economic crisis will affect the effectiveness of ...
Radosław Kupczyk
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The demand for euro area currencies: past, present and future [PDF]
The present paper analyses currency in circulation in the euro area since the beginning of the 1980s. After a comprehensive literature review on this topic we present some stylised facts on currency holdings in the euro area countries as well as at an ...
Fischer, Björn +2 more
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The Euro-project at risk [PDF]
In contrast to Robert Mundell's Optimum Currency Area theory and his recommendation of forming a monetary union, the economic fundamentals of Euro area member countries have not harmonized.
Hankel, Wilhelm +2 more
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The Official Use of International Currencies – Assessments and Implications
Studies in Business and Economics, 2015 The paper analyses the official use of international currencies as reserve currency (store of value) and anchor currency (unit of account). Examining the role as a reserve currency we note that the US dollar is the main reserve currency even if it ...
Orăștean Ramona
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