L Bonatti, A Fracasso - JCMS: Journal of Common Market …, 2013 - Wiley Online Library
The large current account imbalances in the eurozone reflect persistent diverging trends between core and periphery countries, also fed by low interest rates and abundant capital …
I Coulibaly, B Gnimassoun - Economic Modelling, 2013 - Elsevier
This paper aims to study the optimality of a monetary union in West Africa by using a new methodology based on the analysis of convergence and co-movements between exchange …
M El‐Shagi, A Lindner… - Review of International …, 2016 - Wiley Online Library
The European debt crisis has revealed severe imbalances within the Euro area, sparking a debate about the magnitude of those imbalances, in particular concerning real effective …
C Börger, B Kempa - International Review of Economics & Finance, 2024 - Elsevier
This paper uses a time-varying error-correction model to measure the speed of real exchange rate (RER) convergence of the original European monetary union (EMU) member …
C Couharde, I Coulibaly, D Guerreiro… - Journal of Macroeconomics, 2013 - Elsevier
This paper aims at explaining why the CFA countries have successfully maintained a currency union for several decades, despite failing to meet many of optimum currency area …
This paper analyses the equilibrium price of the Indonesian Rupiah using the Synthetic Control Method (SCM) and assesses its misalignments. We find evidence of Rupiah …
The paper seeks to explain the extent of real exchange rate misalignment, defined as its deviation from its equilibrium level. It enlarges the traditional analysis, which focuses mainly …
In this study, we examine the role of the Euro in currency co‐movements and contagion considering the USD exchange rates of six major currencies (ie, EUR [DM], JPY, GBP, CHF …
This paper assesses the impact on the Italian economy of Italy withdrawing from the euro area by means of stochastic simulations of a macroeconometric model. The model considers …