Macroeconomic Imbalances in the Euro Area [PDF]
Macroeconomic imbalances constitute one of the most important threats to the cohesion of the monetary union. The aim of this article is to examine the current state of imbalances using the new composite indicator of macroeconomic stability.
Jacek Pietrucha
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Hydrological simulations driven by RCM climate scenarios at basin scale in the Po River, Italy [PDF]
River discharges are the main expression of the hydrological cycle and are the results of climate natural variability. The signal of climate changes occurrence raises the question of how it will impact on river flows and on their extreme manifestations ...
R. Vezzoli +8 more
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Was There a 'Greenspan Conundrum' in the Euro Area? [PDF]
This paper implements an affine term structure model that accommodates "unspanned" macro risks for the Euro area, i.e. distinct from yield-curve risks. I use a Near-Cointegrated VAR-like approach to obtain a better estimation of the historical dynamics of the pricing factors, thus providing more accurate estimates of the term premium incorporated into ...
openaire +4 more sources
THE EVOLUTION OF THE ECONOMY BETWEEN 2006 - 2021 MEASURED BY GDP, GDP PPP IN ACCORDANCE WITH THE AVERAGE WAGES - EURO AREA VS ROMANIA – [PDF]
The economic growth, the economic situation of a country is a significant theme in economic literature. In this article we analyze the change in GDP per capita euro area 2006 - 2021, GDP per capita Romania 2006 - 2021, GDP PPP per capita euro area 2006
CSŐSZ CSONGOR
doaj
Real Convergence Across the Euro Area
This paper studies the relationship between real convergence in the euro area and macroeconomic imbalances. It compares the main features of convergence within the euro area with other EU and non-EU country groups, looking at both ‘sigma’ and ‘beta ...
Leonor Coutinho, Alessandro Turrini
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Financial and economic approach: Financial & banking sector development pact from the perspective of the euro area European economic policy [PDF]
Powerful obstacles to the further integration of repot, bond and equity markets remain the still fragmented securities settlement industry in Europe, which charges much higher fees for cross border transactions than for domestic transactions, and ...
Theodoropoulos Theodore E. +1 more
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Contributions to inflation after euro adoption: the case of Central and Eastern European countries
Motivation: Based on theory, the introduction of a single currency should cause a decrease in transaction costs, which in effect should lead to a drop in consumer prices.
Kamil Kotliński
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ANALYSIS OF ECONOMIC GROWTH CYCLES’ SYMMETRY IN THE MAIN ECONOMIC SECTORS OF EURO AREA COUNTRIES
. With the European Union integration growing deeper and Euro area countries having the common currency, excluding possibility of a national monetary policy, academic society has raised a debate on economic stabilization opportunities in individual Euro ...
Brigita Šidlauskaitė +1 more
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Digital Euro: opportunity or (legal) challenge? [PDF]
Al giorno d’oggi, nell'area dell'euro vi sono due modi in cui la banca centrale fornisce denaro alla propria economia. Il primo consiste nell'emissione di banconote, mentre il secondo si esprime attraverso l'accreditamento elettronico dei depositi sui ...
Pier Mario Lupinu
doaj
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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