CINXE.COM

<!DOCTYPE html><html lang="en-US"><head><title>Just a moment...</title><meta http-equiv="Content-Type" content="text/html; charset=UTF-8"><meta http-equiv="X-UA-Compatible" content="IE=Edge"><meta name="robots" content="noindex,nofollow"><meta name="viewport" content="width=device-width,initial-scale=1"><style>*{box-sizing:border-box;margin:0;padding:0}html{line-height:1.15;-webkit-text-size-adjust:100%;color:#313131;font-family:system-ui,-apple-system,BlinkMacSystemFont,Segoe UI,Roboto,Helvetica Neue,Arial,Noto Sans,sans-serif,Apple Color Emoji,Segoe UI Emoji,Segoe UI Symbol,Noto Color Emoji}body{display:flex;flex-direction:column;height:100vh;min-height:100vh}.main-content{margin:8rem auto;max-width:60rem;padding-left:1.5rem}@media (width <= 720px){.main-content{margin-top:4rem}}.h2{font-size:1.5rem;font-weight:500;line-height:2.25rem}@media (width <= 720px){.h2{font-size:1.25rem;line-height:1.5rem}}#challenge-error-text{background-image:url(data:image/svg+xml;base64,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);background-repeat:no-repeat;background-size:contain;padding-left:34px}@media (prefers-color-scheme:dark){body{background-color:#222;color:#d9d9d9}}</style><meta http-equiv="refresh" content="120"></head><body class="no-js"><div class="main-wrapper" role="main"><div class="main-content"><noscript><div class="h2"><span id="challenge-error-text">Enable JavaScript and cookies to continue</span></div></noscript></div></div><script>(function(){window._cf_chl_opt={cvId: '3',cZone: "publications.waset.org",cType: 'non-interactive',cRay: '913599b1abcaf8d0',cH: 'h_UWqFr4GRNOhpcJPa0KejIKt10sT8ZANHQQfUgBEUg-1739793451-1.2.1.1-8oVpvqkkkC8cFsos3w_qvXGNjkK9BZbmUKC7RwKEx5VO2pILUaXuHoFyRvP57.Rc',cUPMDTk: "\/abstracts\/search?q=eurozone&__cf_chl_tk=IgTtBuS.VUcalk9MycQ_SKGSdxlPqGhVLdpfaVqUJsY-1739793451-1.0.1.1-0ASe3In05wBG5Uz2K7XVwofUG8HHtpoZHUUreWMG2Ko",cFPWv: 'b',cITimeS: '1739793451',cTTimeMs: '1000',cMTimeMs: '120000',cTplC: 0,cTplV: 5,cTplB: 'cf',cK: "",fa: "\/abstracts\/search?q=eurozone&__cf_chl_f_tk=IgTtBuS.VUcalk9MycQ_SKGSdxlPqGhVLdpfaVqUJsY-1739793451-1.0.1.1-0ASe3In05wBG5Uz2K7XVwofUG8HHtpoZHUUreWMG2Ko",md: "BcG99fCem.8TC5gXQ9rt67AbZSNwWFujjpLByPWfIt4-1739793451-1.2.1.1-I1QQG.4z7BEE8Y2h_JPXDi6M3UuLpGfSMJEHcFJex3287quA.XHP3J7_D3yQJNuezibUxuMYyBTOOzQJHILlFj9C..Yw1iBLNdkXz7GBQ_jEn3qKVRMwJlIpGfr7xWMobpQsEMDAyNA9CshUdVbixrE.cZBTENnk0AYWbZK1fhmNOPkkD9Z9iJHso7zmNdxu8qSxmaojeqhkxlTnp6CGlQ_BH3NWqqkyr0evSLJRfMuLV92DqabM8xAlEEfpcvu87VC21jbFPp9XopqLcUIog7vnKaVeyzEfb8LlQQOjs4DE.mwQT6nsjZRCTcOsrtH0liqGftDOm_CXRelwnEPxSjqqoIAX9p2PLrZsyZnw2vnCb9XUvxgEIqk942EZ0kRqyD1kWfdCaEx2fe3Oq7308jljC8zxXf7BMagbE_Jk4qKuE9q_SLBzL446wHqo5WKM7l52gWN6xgMDiv9s4Tj9zd0kJJ3pufFulm0s7CKltH.U0xw3q.AH4Yqvba9PRSmbBfM.mP3R.90B9GbUCH8K7gbEzFIOfLfQv5FZAnc1PPKJKbCxHvuQWhcEr1lkM7WzkwHhQBsr4Aq_Op4skP2iDqTloGCQ.X1OJqRjs5cv.F0d4K4g7A8s966RMMh_nAJtfTwAjQypBIALrOeMgQcMDarDqspcydm7Rjh6ILcRazgZ670lubrKVyC6YCM11QicRDQ40O3l2MdhooXJ3emSyW5KJv7GsYtexspHaccdiceyC36QSLjt_I5j6gC1xGsxjT5JFWr8xEXiSF1KtlmHsBGfgdCo9.yuvVNROthioytTVNfIBnzd5Rrm9l3yBK2fQ3O7gVS.MTU7bBqkfj_4zxmXPWK2C_ZSMcuFOx6IGs6Iwr2Q8IkBNKgG7zIn9aIv2GLCwlxfGoxWv3Rg2g4L_Z8_7Br7CkzZWpVSbQ9Uw9Iy5B7qiiG5lfMUWJkDFdJlRiFfX2jlLQ2L5ErXRkonreJ__Ep0BzYjuUCQlL13Ce_mGCE0W5k.yr0BAZQmir1Sfi4B3E_9YskQnu5F7ngt2HpYyxiqMnnCdv_i89VDetEbXpeYbeSU5mcLK_q9rwEZsezApFn8.c4Ql2YYeEn1DzY8jmu8FjqzSe5BNmeI3jvbhsxweN7he7mV8fjNbfoqHvGiYgxkD5rsfssKUar0WY4EkmglDEbq.2mDBJZ_kc481pbeAi08L3H0IpBld8tErVlLkecp47mLdlImHahaS3_VgRiTAOtuCFLysoFXY7bfpXl4gUOlgR468JPYJZE8kqUmXBgXC89ouBESvvI7o073Ar4EaYalhhQOzu3iO7ZF0CeQoPFDw7NcLZHdg6Dk0HbwLMoEI9_4cXipVW_tIGGha3JevV72K.M3_pdBelUxvzxpYx19a4r1sXH.OCB87oOV6QYU_BXV8H1tY30rpQlzlXxUpX8On4qm4zSFa4gD04kqNFrGAjkbaimM.GHeoUWHQ7YvrfDMBEiGAcHyE_vb2fMsSfzqlJerJ3k9zww6ZIdKaTSi0gn7EyB3Y0Lph_kZFnV1T465AMaLfjl7bHSqzD_lX8UGl3cTQ1L.qzeb6SpYEfIBoQysoPuEjhfCTveiRS.bBlEwoCnrY8eL9EyvIc5DXbReKo2qXgtfaDA0PTSGbnGypw6._5xGegL_vNw6FXVAKfYr5bO4OpwMEoA8hyJeuRP5vZQSesEkk.t4hODWC7F52OIEg9SzkmSEWRShWpbMexXNQkIlrNjPR2BJpxg3TAJuSgpjpR1peOrLlZAYKVXKsVm167RB2OT8oeTbkcUFb1hxXFYy6CGJhTYwhOrDdv19n0ELGeK9IYxx4alfN6tORea4L0G2rIijbTRqS_pfnLNYuMmWWpk731bap1_z3p7RU.D4FOdgJmEH8dhzx2FTf9fH5kPDLM0JOMYwD7ySuki.LDjuQhpocg",mdrd: "lzeY94jbP1RxiEtqGxZ1eSEmBUspkLdwXhtkCEmE6Ik-1739793451-1.2.1.1-c0lkU5mHk4MP2_AP6rJakBQDCyiyuk4AcSu64KNJmBpDf0I_T1LnJfKdpi2os9BpTQvI6FF1RN0BxlFS0mccnJnZHYfB2eNPCrNrJ_RP3D_20u4Gd_.fLVon2P.NhR7rTwcXX5VneZ7.CWskMHqDaYijHnIO0k3z5lL0_tUD0JtQNtphvnUW5dzKcacqcY6Y9DcsxpCLjrdnYnLVTZUjW7juqSGmz7kla3Vr372JNLSW9lG4_0Hna17CrZCQmHCvMOz6Gjoj_ccyJHKiua15A8ysj5Rkq.dwam_wj3FugsBh_UQrAUrsfpdpgSs2itMDHOv7Plm1k6Scz_YndnOEzXRu9epCM.oM58rhGPFl14QjOu3vwgE9W_vOZVlwucq8vwzHvj4FYF0DGzZZ2MY.LbPnsNbI3KMsFZE.hAcSh5ETzzJMprtUx4QBvpzTS5rNDK6RvGks7R3oPFAtJTr3Ig2Ihy0v2xp7M7o8C84kLyCaebjnTEQUHkByEeUEswQjaqgcbRiyr6y862CVnEg9SV_VaSpbUf.Jm7dwKtNPetkYKqkLZbuFvXVNobPo57_azHtPaUsA_H71Fy8dUpNE43zB2DENrS1AGTgQZaHYvy0d5NUEg0XjvJgtcNE20E4VS23Jtdy8YfhD2QFWxT5pHJTaQslhXyy_G20zIVp2Bci8Xe6EX9o3EqL53ZZjm6_HADjRmj_C_3UtcK_v3zg6mZ_oe1lKLQThEe.Sbwrq7dFOkMFHhmAHk9o7W8y94ocDARfdWkLt1ls_nO1fg_QdOQtE_xJ2ExF7Js_aaBeWmvVpEqJcUpWRSw_943KVcRukOgBhu18.NuYnTAHuTvf11Kj740bxl8iBe7SjTM6hqmxWKKtCszcvAAGNX20VUgRMc1iyK1hkPBRSj4eXZtlDQB9CA.tuOAVmOqWBqseBgQNJoaJqbCqP3btXCp.obYhVFMZjzSMVXmH7RJ7upYI6LDFPK.j.mnaurI75YlRh4Evg9cHtoKERL5ZHTyV8ltmXxkAxFtKNg1bijnUZIXqh37VqWfC5wAO_myviR0GMxe5oLwaE8s6f8TN_lpc0RUvp509XqNqqABQ7L4pcaKngJ9lBUBbvuVfC7i1SWQ3YQvc9FPsBatDlQONc7fGNWhVu0c_7XrNdN02lAZapfguHjIOclx9JJO2xWcEN5hkYQAPGbo5nkYqLvmzd2saNzTV7PpZnHlrMTq6qJc3lJrJULEJEma4NyAIv4IA3P8.nlpUkSR7ODDpv6jzCGy6ygRW33JNmyYW7NUB6lEYZUgSCmDAz52JUMJgYN8Upv9ThPPV8m.nWt3q.XRG2snhbb2BDg0YAAYX3adFtFIltZLO_Etwp92.gf9mQf._WCEEFXOdinUI65eshmVQn.Sv25y6IP1dmy801Xobue6BZzW1G3owqbX4Kw8GNhGL_j9hMOtE_IUOucHpFXu5tR00o93rpTp_0KQseG21owtSa8BB80ZHBlR7og11pUZoiycx8ParcVUgJ1nbQ4AMCVpb4m1VdyuxnEzbWg2COuyLDn_5Ox0QGWID2WugnLakPD.zZC.TXUTIgHIJt9XHm9lfpzee4eLq7CBbhOUbn433NCSoBdDMxE8WEooMG3rJzd.rMBckMEtymxiczPtTh9QHtf8RYyn9j9jcJU46VzTKHIm2pBFVRfN_wd8eazQ4bDwukgoXRohNl7dZAkt8dZ3gLzubFu.7HXs5mfUcvtbr8AIi.MVb59MSpGM4ucmmwQMBI5WBzVs6W7QzDlbHxl1X6z1MUe0A_40u3mKrz9YMdiLzrX4U5o8xL9iwbEYgmysqjk79O1mfCJMZICwPHyXP9jlzafTMUxuTWsHcm9w88erkH5FpVBjs3U7aZy14IviUyVgjyKWGYBPfBryHogywMDmJkwcQ_dkz8eef5fGsbzbXO9P_sMCPv5qL_fg7wdk8u9IgFYtqK2hB.lQY5J_0EP9JdFN8eDyMu9eqxOaWbEIiD7A"};var cpo = document.createElement('script');cpo.src = '/cdn-cgi/challenge-platform/h/b/orchestrate/chl_page/v1?ray=913599b1abcaf8d0';window._cf_chl_opt.cOgUHash = location.hash === '' && location.href.indexOf('#') !== -1 ? '#' : location.hash;window._cf_chl_opt.cOgUQuery = location.search === '' && location.href.slice(0, location.href.length - window._cf_chl_opt.cOgUHash.length).indexOf('?') !== -1 ? '?' : location.search;if (window.history && window.history.replaceState) {var ogU = location.pathname + window._cf_chl_opt.cOgUQuery + window._cf_chl_opt.cOgUHash;history.replaceState(null, null, "\/abstracts\/search?q=eurozone&__cf_chl_rt_tk=IgTtBuS.VUcalk9MycQ_SKGSdxlPqGhVLdpfaVqUJsY-1739793451-1.0.1.1-0ASe3In05wBG5Uz2K7XVwofUG8HHtpoZHUUreWMG2Ko" + window._cf_chl_opt.cOgUHash);cpo.onload = function() {history.replaceState(null, null, ogU);}}document.getElementsByTagName('head')[0].appendChild(cpo);}());</script></body></html>