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EURO ZONE AND ITS MONETARY POLICY [PDF]
In this article I have tried to make a short presentation of the Euro Zone and it’s monetary policy. At the present moment the Euro Zone has 16 countries that have adopted the Euro as a national currency and also 4 small countries that have monetary
Dorel Dumitru CHIRIŢESCU +1 more
doaj +2 more sources
On The Road to Euro: How Synchronized Is Estonia with the Euro zone? [PDF]
While the currency board served Estonia well during transition in the 1990s, it has limited its ability to counter the impact of the global financial crisis and heightened the currency risks. The euro adoption has thus become a top policy priority again.
Brixiova, Zuzana +2 more
doaj +2 more sources
Monetary Policy Transmission in the Euro Zone [PDF]
This paper focuses on monetary policy transmission through the bank lending channel in the euro zone. We analyze the relationship between output, inflation, short-term and long-term interest rates, and bank loans. In addition, based on recent concerns of
Ayla Oğuş Binatli , Niloufer Sohrabji
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Constructing Historical Euro‐zone Data [PDF]
Existing methods of reconstructing historical Euro-zone data by aggregation of the individual countries' aggregate data raises numerous difficulties, especially due to past exchange rate changes. The approach proposed here is designed to avoid such distortions, and aggregate exactly when exchange rates are fixed.
BEYER, Andreas +2 more
openaire +4 more sources
Business cycle synchronization of a small open EU-candidate country’s economy with the EU economy [PDF]
The objectives of this paper are to empirically identify business cycles in a small open EU-candidate country such as the Republic of Macedonia and to assess the degree of synchronization of the country’s business cycle with the cycle of the EU economy ...
Filipovski Vladimir +2 more
doaj +1 more source
Reconstructing Aggregate Euro‐zone Data [PDF]
Reconstructing historical euro‐zone data by aggregation across individual countries is problematic because of past exchange rate changes. The approach here avoids such distortions, yet aggregates exactly when exchange rates are fixed. This is achieved by aggregating weighted within‐country growth rates to obtain euro‐zone growth rates, then cumulating ...
BEYER, Andreas +2 more
openaire +2 more sources
The Euro zone peripheral countries’ sovereign debt crisis: Also a case of non-mature democracies? [PDF]
The euro zone peripheral countries face a profound sovereign debt crisis threatening the very existence of the euro as we know it. Therefore, the study of the various factors contributing to this crisis is of the utmost importance.
Fernandes Abel Costa L., Mota Paulo R.
doaj +1 more source
Scottish home prices: compatible with Euro membership? [PDF]
Although the Scottish electorate voted down independence in 2014, Brexit has led to renewed calls from Scottish political leaders for a second referendum.
William Miles
doaj +1 more source
The Stability and Growth Pact from the Perspective Of the New Member States [PDF]
The purpose of this paper is to examine the fiscal characteristics of the new members in the light of the requirements of the SGP and the criticisms levelled against the Pact and to see in what ways their initial conditions differ from those faced by the
Orbán, Gábor, Szapáry, György
core +3 more sources
Zone euro : convalescence [PDF]
La zone euro a renoué avec la croissance. Pour le troisième trimestre consécutif, le PIB a légèrement progressé. Pour autant, la situation macroéconomique de la zone euro reste critique. La croissance est pour l’instant bien trop fragile pour enclencher une dynamique de reprise significative.
Département analyse et prévision +4 more
openaire +6 more sources

