Essays about: "Euro currency"

Showing result 21 - 25 of 74 essays containing the words Euro currency.

  1. 21. To each his own: the weighting schemes of monetary policy. A DSGE scenario analysis of the Euro Area and its Members

    University essay from Handelshögskolan i Stockholm/Institutionen för nationalekonomi

    Author : Alberto Venturin; [2018]
    Keywords : New Keynesian DSGE; Taylor Rule; open economy; policy weights; currency union;

    Abstract : In this thesis, the role of different weighting schemes applied by a central bank to the members of a currency union in the conduction of monetary policy is analyzed. The analysis is conducted by embedding the coefficients of a Taylor rule, estimated by GMM on Euro Area data, in the two-country, open economy DSGE model developed in Erceg and Lindé (2013). READ MORE

  3. 22. Euro Area Monetary Policy Effects on Member States' Business Cycles

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Alexander Edberg Thorén; Vicente Lima; [2018]
    Keywords : Currency Areas; ECB; EMU; Monetary Policy; OCA; Business and Economics;

    Abstract : The paper attempts to explore the monetary policy strategy set by the European Central Bank, where one interest rate is set for all the countries in the Euro Area, denominated as the “one size fits all policy”, and the significance of its impact on the Economic Monetary Union countries business cycles between two periods that range from 1999 until 2017. The process englobes a discussion on how such policy is determined, the previous theory that regards the construction of a common currency area, a quick look of the structure of the ECB as an institution and the consequence of its monetary policy in Euro Area countries. READ MORE

  4. 23. The influence that a common currency and market conditions have on economic integration : A cross-quantilogram and DCC-EGARCH approach

    University essay from Linköpings universitet/Nationalekonomi

    Author : Sebastian Lindman; Tom Tuvhag; [2018]
    Keywords : Economic integration; Business cycle synchronization; Correlation; Market condition; DCC- EGARCH; Cross-quantilogram;

    Abstract : Countries participating in a common currency area increase their integration within the area. This paper investigates the impact common currency areas have for economic integration with economies of different characteristic outside the area. Results for a common currency group compares to a sovereign currency group. READ MORE

  5. 24. Wavelet Analysis of Business Cycle Synchronization in Europe

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Glenn Nielsen; [2018]
    Keywords : wavelet analysis; business cycle synchronization; principal component analysis; Euro area; optimum currency area; Business and Economics;

    Abstract : Business cycle synchronization is an essential criterion for creating and maintaining an optimal currency area. In this paper, it is investigated whether this required criterion holds for the Euro area at different time horizons (short run, medium run and long run), and if the financial crisis of 2007-2008 influenced the degree of synchronization in Europe. READ MORE

  6. 25. The Cost and Benefits of a Swedish EMU Membership : An analysis of the consequences for Sweden to had opted out of the European Monetary Union

    University essay from Södertörns högskola/Nationalekonomi

    Author : Rafael Foscarini; [2018]
    Keywords : Sweden; Finland; EMU; Monetary Policy; OCA;

    Abstract : The 2008/2009 world financial crisis, as well as the 2010 onwards European sovereign debt crisis, retriggered the debate on costs and benefits of a European Monetary Union membership. This thesis examines whether Sweden experienced net costs or benefits in opting out the EMU, especially in comparison to Finland due to the close link between both economies, as well as cultural and geographical similarities. READ MORE