Essays about: "currency area"
Showing result 1 - 5 of 64 essays containing the words currency area.
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1. Optimum Currency Area (OCA) Theory : Labour Mobility as an OCA Criterion
University essay from Mittuniversitetet/Institutionen för ekonomi, geografi, juridik och turismAbstract : .... READ MORE
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2. Forecasting, Monetary Policy, Nominal Gross Domestic Product Stability, and Macroeconomic Outcomes in a suboptimal currency area. : An examination of the Eurozone
University essay from Jönköping University/Internationella HandelshögskolanAbstract : The purpose of this paper is the examination of whether a strategy of using forecasts to stabilise the Nominal Gross Domestic Product (NGDP) growth rate as a nominal anchor, through a rules-based approach to monetary policy is viable in the Eurozone. The paper uses a modified Taylor rule, that uses NGDP forecasts as a variable to generate a prescribed interest rate from which the interest rate set by the European Central Bank (ECB) is subtracted to create a variable we call the Rate Gap. READ MORE
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3. From Freezing to Seizing? A Critical Analysis of State Immunity in Relation to Seizing Russian Central Bank Assets for Ukraine
University essay from Lunds universitet/Juridiska institutionen; Lunds universitet/Juridiska fakultetenAbstract : In response to Russia’s aggression and illegal use of force against Ukraine in 2022, in violation of the UN Charter, the EU and other partners adopted sanctions immobilising or freezing the assets of the National Central Bank of Russia, assets possibly amounting to over €300 billion. The war has caused enormous and incalculable damages to Ukraine and its infrastructure, economy and people. READ MORE
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4. The Swedish way: Turning down a common currency and its effects on economic development
University essay from Lunds universitet/Ekonomisk-historiska institutionenAbstract : 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
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5. What Drives Invoicing Currency Choices
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This paper examines the effects of key macroeconomic and trade variables on invoicing currency patterns. Departing from common model assumptions of complete local currency pricing or partner country pricing, the existing analytical and empirical literature suggests a range of macroeconomic and strategic determinants of internationally trading actors’ currency usage. READ MORE