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Showing result 1 - 5 of 60 essays matching the above criteria.

  1. 1. United through Division: An Innovative Approach to European Monetary Policy : A Study of the Optimal Currency Areas in the European Union through Cluster Analysis Conducted on Samples Between 2007–2019

    University essay from Linköpings universitet/Nationalekonomi; Linköpings universitet/Filosofiska fakulteten

    Author : Marinda Gadén; Alexander Granberg; [2023]
    Keywords : European Union; Monetary Union; Cluster Analysis; European Monetary Union; Euro; Europäische Union; Währungsunion; Klusteranalyse; Europäische Wirtschafts-und Währungsunion; Euro; Europeiska unionen; valutaunion; klusteranalys; europeiska monetära unionen; Euro;

    Abstract : The study deals with the theory of optimal currency areas complemented with the EU's Maastricht criteria in order to investigate how today’s Economic and Monetary Union of the European Union can be divided into smaller unions with countries that are more homogeneous based on said criteria compared to the current larger currency union. To investigate this, we use cluster analysis as the method easily enables analysis of similarities and differences between countries. READ MORE

  2. 2. Should We Turn Back Time? A Synthetic Control Study on the Trade Effects of Sweden’s Choice Not To Enter the Eurozone

    University essay from Lunds universitet/Nationalekonomiska institutionen

    Author : Ebba Lundqvist; Alan Stas; [2022]
    Keywords : Euro; Trade; European Union; Sweden; Synthetic control method; Business and Economics;

    Abstract : The formation of the Economic and Monetary Union, combined with the introduction of the euro, further deepened a long-going European economic integration. Sweden has been a member of the European Union since 1995 but has not yet given up its independent currency. READ MORE

  3. 3. The Swedish way: Turning down a common currency and its effects on economic development

    University essay from Lunds universitet/Ekonomisk-historiska institutionen

    Author : Jan Trudrung; [2022]
    Keywords : Common currency area; Sweden; bilateral trade flows; unemployment; synthetic control method; Business and Economics;

    Abstract : This thesis aims at evaluating the Swedish decision not to adopt the euro even though this is thought to bear economic benefits. In particular, my research confronts the question: What would have been Sweden’s economic development if the country would have adopted the euro in 1999? By taking advantage of the synthetic control method, I scrutinize the potential developments of both, Sweden’s bilateral trade flows and unemployment rate, respectively. READ MORE

  4. 4. Is the euro the right way? : A study on the effect of implementing the euro on domestic unemployment.

    University essay from Uppsala universitet/Nationalekonomiska institutionen

    Author : Kevin Sule; [2021]
    Keywords : euro area; euro; unemployment rate; currency area; monetary union; trade; synthetic control method;

    Abstract : This paper aims to investigate how the domestic unemployment rate of a nation is affected by joining the European currency union and converting to the euro. This is done through the use of a synthetic control method, as well as an augmented version of the model, where I define the Euro Area countries as the treatment group, and conversion to euro as treatment. READ MORE

  5. 5. Single currency implications Evidence from the North-South Italian divide, 1870-1914

    University essay from Lunds universitet/Ekonomisk-historiska institutionen

    Author : Giacomo Vettoretti; [2021]
    Keywords : NEER; Monetary Union; Italian Monetary Union; North-South gap; Italian divide; Question Meridionale; Social Sciences;

    Abstract : The thesis investigates the effects of the Italian Monetary Union on the North and South Italian development from 1870 to 1914. Through a quantitative analysis of the Italian Lira’s exchange rate and regional export prices, the work observes a loss in the competitiveness of Southern export-oriented entities compared to the Northern ones. READ MORE