08
14:15 - 15:45
IWH Research Seminar
MAY
2017
14:15 - 15:45
The Worst of All Worlds: Exchange Rate Adjustment in the Euro Crisis
Economic performance in the euro area has been heterogeneous during the recent decade. Still, intra-euro area real exchange rates have adjusted only slowly. In this paper, we first document that the half-life of intra-euro area real exchange rates has increased strongly after 2008.
Who
(University of Tübingen)