Essays about: "Optimum Currency Are"

Showing result 1 - 5 of 7 essays containing the words Optimum Currency Are.

1. 1. EMPTYING THE SCHOOL OF ATHENS A quantitative analysis of the link between the Eurozone crisis and declining worker productivity in the Greek economy

   University essay from Göteborgs universitet/Statsvetenskapliga institutionen

   Author : Mikael Hemlin; [2019-09-13]
   Keywords : Greece; euro crisis; worker productivity; human capital transfers; optimum currency area theory; worker flexibility;

   Abstract : The purpose of this thesis is to investigate the causes of Greece’s worker productivity decline in the aftermath of the euro crisis. Through the employment of three groups of time-series regressions, the empirical analysis of the thesis demonstrates that: 1) there exists an unambiguous correlation between the unfolding of the euro crisis and Greece’s declining worker productivity – a correlation which is entirely disconnected from the progression of the country’s competitiveness; 2) the progression of the crisis is intimately correlated with Greece’s recent surge in human capital emigration; and 3) this outflow of human capital-rich workers may explain a large portion of Greece’s worker productivity decline since 2008. READ MORE

3. 2. To what extent did Austria-Hungary experience sectoral specialization from 1867 to 1910?

   University essay from Lunds universitet/Ekonomisk-historiska institutionen

   Author : Johan Rydberg Svensson; [2017]
   Keywords : Business and Economics;

   Abstract : Abstract: Austria-Hungary was from 1867 to the beginning of the first world war, one of Europe’s largest countries and also a monetary and customs union exhibiting features common in recent debates on economic integration. The role of economic integration on growth, development and industrialisation are central themes in today’s debates. READ MORE

4. 3. Are Denmark, Norway and Sweden an optimum currency area?

   University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

   Author : Filippa Fredriksson Franzén; Tove Wigartz; [2014-09-08]
   Keywords : ;

   Abstract : This paper investigates the possibility of Denmark, Norway and Sweden to form an optimum currency area. Based on the theories of optimum currency areas, such as Mundell’s Optimum Currency Areas, a few economical factors are chosen and analyzed. READ MORE

5. 4. The optimality of EMU - A comparative study

   University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

   Author : Sofia Dahlqvist; Sanna Flood; [2013-06-19]
   Keywords : Optimum Currency Area OCA ; European Central Bank ECB ; Economic and Monetary Union EMU ; Europe; Euro; Eurozone; expansionary monetary policy; the GG-LL model; transmission mechanism;

   Abstract : The aim of this macroeconomic study is to evaluate whether the Economic and Monetary Union (EMU) has become an optimum currency area (OCA) or not. To reach a conclusion about the optimality of EMU we have performed two analyses where the first one evaluates the potential impacts of an expansionary monetary policy in Germany, France, Greece and Cyprus. READ MORE

6. 5. Towards Optimum: Can Europe become an optimum currency area

   University essay from Göteborgs universitet/Institutionen för nationalekonomi med statistik

   Author : Sofia Kaller; Ulf Strömberg; [2013-03-18]
   Keywords : Optimum Currency Are; EMU; Europe; EU; GG-LL model;

   Abstract : The purpose of this thesis is to study the Eurozone and give an answer to the question: Can Europe become an optimum currency area? Our analysis is based on theory structured in the form of several criteria for an optimum currency area, which we compare with our findings from the Eurozone. Our result shows that the Eurozone does not satisfy the criteria of high-factor mobility or wage flexibility. READ MORE