... Interest rates Money markets Capital markets Forecasting Return on investment EMU Volume 28 Number 5 2002 1 A Behavioral Analysis of Interest Rates in Euro Area by Michael E. Sfakianakis, University of Piraeus and Dimitrios G. Verginis, Bank of Greece* Abstract On the 1st of January 1999 eleven...

... that the macroeconomy of the eurozone “will bear continued watching”. © MCB UP Limited 2001 EMU Exchange rates Economic conditions Europe USA Volume 27 Number 9 2001 3 The Euro s Progress: Macroeconomic Consequences of a Single Currency by Dr John C. Soper, John Carroll University (USA) Since its...

... in themarketplace which also represents an opportunity for value creation. © MCB UP Limited 2001 EMU Economic conditions Value added Mergers and acquisitions Pricing Europe Volume 27 Number 9 2001 41 The Euro as an Opportunity for Value Creation by Jose Blanco, St Mary s College, California (USA...

... EMU Policy Success Managerial Finance 12 The European Central Bank: The Search for Credibility by M. Rabiul Hasan, Lake Erie College (USA), and Jacobus T. Severiens, John Carroll University (USA) Upon its introduction on January 1, 1999 the euro was hailed as the Continent s answer to the dollar...

... management, co‐ordination with national fiscal authorities, transparency of operations and cross‐border settlement systems. Criticizes its limited powers for prudential supervision of banks in the EMU and suggests that it needs wider objectives, more authority and greater independence from national...

...Mark Holder Considers the implications of EMU and the introduction of the euro for European financial institutions and markets. Discusses the likely effects on interest rates, banks, stock/futures exchanges, asset allocation and the markets for bonds, equities and derivatives. Warns that financial...

...William K. Templeton; Charlotte Anne Bond Considers the likely effects of EMU and the introduction of the euro on the “fragmented” European banking industry. Recognizes that transition to the euro will be expensive in terms of equipment, training, customer care etc.; and that some new products...

... or tradedestroying effects? How will non-EMU countries within Europe (such as the United Kingdom and Sweden) fare in the post-launch world of international trade? How will sterling and the dollar fare vis-a-vis the euro? This article deals with the macro-economic effects of euro implementation. First, it considers...

...Christopher B. Barrett; Wichai Turongpun Considers the likely microeconomic effects of European Monetary Union (EMU) and the European Central Bank (ECB), i.e. impact on firm‐level incentives and performance. Believes that firms’ uncertainty will be reduced by “a more stable and prudent...