Governance of a Fragile Eurozone

Institutionalizing Eurozone Exit: A modified NEWNEY approach

Institutionalizing Eurozone Exit: A modified NEWNEY approach Steffen Huck, Justin Mattias Valasek* In this note, we argue that the Eurozone needs an institutional exit mechanism to enhance Eurozone stability, and propose modifications to the Dobbs' NEWNEY mechanism, the only mechanism that satisfies the twin properties of eliminating incentives for intra-Eurozone capital flight and maintaining ...

Restructuring the Eurozone

This paper suggests that there should be a realignment of the current Eurozone. There has been research to argue that the Eurozone does not fit the Optimum Currency Area (OCA) criteria. This might be a contributing factor to the current economic crisis in Europe. I propose, based on results from k-means data clustering, that the Eurozone be divided into three separate regions under the European...

Examining Eurozone Divergence

Corporate YouTube practices of Eurozone companies

The aim of this paper is to analyse whether the Eurozone companies use Youtube, the main purposes of its usage, their activity and online practices, as well as the factors influencing both channel ́s activity and visibility of the uploaded videos. Our study shows that 44% of the explored companies have an official Youtube channel, mostly used for promotional and marketing purposes, with an avera...

Returns and Volatility of Eurozone Energy Stocks

This paper constitutes a first analysis on stock returns and stock return volatility of energy corporations from the Eurozone. According to our results, the gas market does not play a role for the pricing of Eurozone energy stocks. However, changes in the Euro to U.S. Dollar exchange rate as well as developments at the money and especially at the oil market strongly affect returns of the energy...