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Weyerstrass, Klaus and Neck, Reinhard (2008) Macroeconomic Consequences of the Adoption of the Euro: The Case of Slovenia. International Advances in Economic Research, 14 (1). pp. 1-10.
Full text not available from this repository.Abstract or Table of Contents
On 1 January 2007, Slovenia adopted the euro as the first of the ten new EU member states. By means of simulations with SLOPOL6, a macroeconometric model of the Slovene economy, this paper examines the macroeconomic consequences that can be expected from this event. It is shown that after a short period of minor turbulences related to the introduction of the euro, the adoption of the euro brings about higher real GDP growth, a higher GDP level, more employment, lower inflation, a lower price level and improved public finances in the medium run. On the other hand, the current account deteriorates.
| Item Type: | Article in Academic Journal |
|---|---|
| Keywords: | Euro Area, macroeconometric model, Slovenia |
| Classification Codes (e.g. JEL): | C53, E17, F15 |
| Status: | Published |
| Date Deposited: | 27 Aug 2015 13:44 |
| Last Modified: | 01 Apr 2016 14:20 |
| URI: | http://irihs.ihs.ac.at/id/eprint/3571 |
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