Essays about: "European common currency"
Showing result 6 - 10 of 28 essays containing the words European common currency.
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6. 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/NationalekonomiAbstract : 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
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7. Current Account Imbalances in the European Monetary Union
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This paper investigates empirical determinants of current account positions worldwide with a focus on the countries that started out as the European Monetary Union (including Greece that joined in 2001). Specifically, it addresses the question whether current accounts inside the Eurozone have reacted more sensitively to changes in macroeconomic fundamentals due to the facilitation of inter-country financial flows and the abolishment of foreign currency risk. READ MORE
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8. Estimating the trade effects from Finland’s membership in the Euro: What are the lessons for Sweden?
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : The European Monetary Union was formed over a decade ago with a mission to create a single market with a single currency for the European Union members. Today only 19 out of the European Union members have adopted the official common currency, the Euro. READ MORE
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9. Current account imbalances in the European Union - Can convergence and competitiveness explain the intra-EU current account imbalances
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : The current account within the EU has been balanced on an aggregate level; nevertheless divergences among the members have increased since the introduction of the common currency. This thesis aims to explain the intra-EU current account imbalances (in the period 1993-2013) through the convergence and competitiveness hypothesis. READ MORE
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10. Transfer of Sovereign Credit Risk to Corporate Borrowing Costs, Evidence from the European Debt Crisis
University essay from Handelshögskolan i Stockholm/Institutionen för finansiell ekonomiAbstract : This paper studies whether a risk transfer relationship exists between sovereigns and domestic firms in developed economies. We provide empirical evidence that increases in a government's perceived credit risk have considerable negative implications on its private sector by increasing firm cost of borrowing. READ MORE