Empirica – Journal of European Economics

Sponsored by the Austrian Economic Association and the Austrian Institute of Economic Research

Empirica publishes empirical and theoretical work on all economic aspects of European Integration. The topics may range from all challenges concerning the deepening of the European Union (Single Market, Lisbon Agenda, EMU) to enlargement and the external relations of the EU (globalisation).

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Sebastian Blesse, Annika Havlik, Friedrich Heinemann
Euro area reform preferences of Central and Eastern European economic experts
Empirica, 2021, 48(1), pp.155-179, http://www.springer.com/10663
This study explores the positions of economic experts from Central and Eastern European (CEE) member states in the euro reform debate. Given the dominant voices from French and German politicians and academics in the European discourse, there is an obvious neglect for the positions of CEE countries. Our study tries to fill this gap with a large survey among economic expert communities in all CEE countries conducted in spring 2019. We compare euro reform preferences to benchmarks of surveyed experts in France, Germany, and Italy. We discuss implications for the ongoing euro area reform with a particular focus on several non-euro members' growing reluctance to introduce the common currency. We argue that only a balanced reform package that combines solidarity with debt self-responsibility could foster the euro's appeal in the CEE region.
Research group:Macroeconomics and European Economic Policy
Language:English

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Harald Oberhofer

Function: Senior Economist, Managing Editor Empirica
Research groups: Industrial Economics, Innovation and International Competition