Greek ricochet? What drove Poles' attitudes to the euro in 2009-2010 [PDF]
We investigate the determinants of support for the euro adoption in Poland in 2009 and 2010. Using two unique survey datasets, collected in December 2009 and June 2010, we estimate ordered and unordered logit models explaining the respondents' attitude ...
Andrzej Torój, Joanna Osińska
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European Monetary Union: Nominal convergence, real divergence and slow growth? An investigation into the effects of changing macroeconomic policy institutions associated with monetary union [PDF]
, 2002 It is by now widely accepted that the structural characteristics of the countries to become the euro area did not adhere to the conditions of an optimum currency area (OCA) when the euro was introduced in 1999.
Hein, Eckhard, Truger, Achim
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The Optimum Currency Area. Is the Euro Zone an Optimum Currency Area? [PDF]
Although analyzed in terms of criteria for defining an optimum currency area, we could appreciate that EU fulfils certain criteria established within the theory of the optimum currency area.
Geza, Paula, Giurca Vasilescu, Laura
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NO ESCAPE FROM POLITICS FOUR TESTS FOR A SUCCESSFUL FISCAL INSTRUMENT IN THE EURO AREA. Bertelsmann Stiftung Policy Paper No. 220 26 March 2018 [PDF]
, 2018 With his proposal for a euro area budget, Emmanuel Macron has put a common fiscal instrument back at the center of the euro area reform debate. The discussion about whether or not the euro area needs more fiscal integration may be older than the currency
Guttenberg, Lucas
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The euro at ten - lessons and challenges, 5th ECB Central Banking Conference, 13-14 November 2008 [PDF]
This volume contains a collection of papers, commentaries and speeches concerning the first decade of the euro and the recent global financial crisis.financial integration, optimal currency ...
Bartosz Mackowiak +3 more
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The euro as invoicing currency in international trade
, 2006 This paper investigates the determinants of currency invoicing in international trade. Although the currency of invoicing is central for the transmission of monetary policy, empirical research on this topic is scarce due to a lack of data.
Kamps, Annette
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The euro goes East. Implications of the 2000-2002 economic slowdown for synchronisation of business cycles between the euro area and CEEs [PDF]
We assess the correlation of supply and demand shocks between current countries in the euro area and EU accession candidates from 1993/1995 to 2002.
Fidrmuc, Jarko, Korhonen, Iikka
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Similarity of supply and demand shocks between the Euro area and the CEECs [PDF]
We assess the correlation of supply and demand shocks between the countries of the euro area and the accession countries in the 1990s. Shocks are recovered from estimated structural VAR models of output growth and inflation.
Fidrmuc, Jarko, Korhonen, Iikka
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Monetary policy and inflation persistence in the Eurozone [PDF]
The primary goal of the European Central Bank’s (ECB) monetary policy is to achieve price stability. Whereas during the 1980s and 1990s there was a rapid and strong convergence in terms of price differential among the Euro countries, particularly in ...
Antonio Olivera-Herrera +2 more
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