Results 51 to 60 of about 119,957 (165)
Designing a fiscal union for the euro area
Motivation: Fiscal integration constitutes an important adjustment mechanism to cope with asymmetric shocks within a monetary union which does not fulfil many criteria of an optimal currency area.
Magdalena Kąkol
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The introduction on January 1, 1999, of the euro--the single currency adopted by eleven of the fifteen countries of the European Union--marked the beginning of the final stage of Economic and Monetary Union and the start of a new era in Europe.
Carol C. Bertaut, Murat F. Iyigun
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CONSIDERATION RELATING THE THEORETICAL AND PRACTICAL FRAMEWORK OF THE MONETARY UNION [PDF]
For the first time in economic theory, the canadian economist Robert Mundel (1961) signaled the fact that countries with close trade links and with similar economic cycles could benefit major advantages using a common currency by reducing transaction ...
MERCEA (HANDRO) PATRICIA AMALIA
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Adopting the euro in Hungary: expected costs, benefits and timing [PDF]
Accession to the Economic and Monetary Union is one of the most important steps in Hungary's European integration, which will entail abandoning the national currency and adopting the euro as domestic legal tender. For Hungary as a new member state in the
Attila Csajbók (ed.) +1 more
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Economic government: What kind of coordination for the Eurozone. Bertelsmann Stiftung EUROPA Briefing 2017 [PDF]
How are decisions made in the euro area? And how democratic are they? These questions moved to the centre of the debate during the euro crisis. Under tremendous time pressure, solutions had to be found for stabilising the euro. New institutions and rules
Gnath, Katharina
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Weathering the storm- Fair weather versus stormy-weather governance in the euro area [PDF]
Jean Pisani-Ferry and André Sapir believe that the euro has proved attractive as a fair-weather currency for countries and investors well beyond its borders. But it still remains to be seen if its governance is strong enough for it to succeed as a stormy-
André Sapir, Jean Pisani-Ferry
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Scotland as an Optimal Currency Area [PDF]
Since the Scottish independence movement has reached the point that there will be a referendum on Scottish independence this September, the issue of whether the Scotland is optimal currency areas is very topical.In this paper we review the microeconomic ...
Binner, J. +3 more
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ANALYSIS FOR THE DEGREE OF EUROIZATION IN ROMANIA [PDF]
Euroization is defined as the adoption of the Euro currency by the authorities from a country outside the Euro area, as a legal currency and as an official currency, and this means that the country chooses to give up its national currency and that the ...
Socol Aura Gabriela +2 more
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The date of introduction of the euro in the Czech Republic has not been set. The Czech economy fulfils the inflation and interest rate convergence criteria, as well as the government debt criterion.
Mojmir Helisek
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The demand for euro area currencies: past, present and future
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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