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"ECB Worries/European Woes: The Economic Consequences of Parochial Policy"

Barbera, Robert J.; Holtham, Gerald - Levy Economics Institute - 2012

Financial market crises with the threat of a subsequent debt-deflation depression have occurred with increasing regularity in the United States from 1980 through the present. Almost reflexively, when confronted with such circumstances, US institutions and the policymakers that run them have...

Persistent link: https://www.econbiz.de/10011141203

Regional Monetary Units for East Asia: Lessons from Europe

Eric, Girardin; Alfred, Steinherr - eSocialSciences - 2009

This paper reports the European experience with a basket currency, the ECU. The ECU was initially introduced as a reference unit and later became the anchor of the European Monetary System. Public policy was complemented by private sector initiatives and use of the ECU for denomination of...

Persistent link: https://www.econbiz.de/10004972719

Oil prices, exchange rates and asset prices

Fratzscher, Marcel; Schneider, Daniel; Van Robays, Ine - European Central Bank - 2014

This paper takes a financial market perspective in examining the relationship between oil prices, the US dollar and asset prices, and it exploits the heteroskedasticity for the identification of causality in a multifactor model. It finds a bidirectional causality between the US dollar and oil...

Persistent link: https://www.econbiz.de/10011067221

Challenges and Opportunities in a Trillion Dollar Economy

C, Chakrabarty K - eSocialSciences - 2011

The Indian economy reached the trillion US dollar GDP milestone in 2007 and joined other countries of the trillion dollar club, namely, the US, UK, Japan, Germany, China, France, Italy, Spain, Canada, Brazil and Russia. In fact, over the period 1960 to the late 1980s, Indiaâ€™s GDP in US...

Persistent link: https://www.econbiz.de/10009321469

Health Damage Cost of Automotive Air Pollution: Cost Benefit Analysis of Fuel Quality Upgradation for Indian Cities

Sengupta, Ramprasad; Mandal, Subrata - eSocialSciences - 2009

conform to the Euro norms. It has used the results of some US based study and has applied the transfer of benefit method from …

Persistent link: https://www.econbiz.de/10005528159

Recent Financial Market Developments and Implications for Monetary Policy

Mohan, Rakesh - eSocialSciences - 2007

The nature of the financial turbulence that happened recently in US and Europe, why it happened, where it happened, and the implications for central banks. Some of the forces that led up to and characterized the recent spate of events, the specific responses of central banks and some challenges...

Persistent link: https://www.econbiz.de/10005528200

The Extent of Exchange Rate Flexibility in India: Basket Pegger or Closet US Dollar Pegger?

Rajan, Ramkishen S.; Cavoli, Tony - eSocialSciences - 2006

predominantly influenced by the US dollar, with the euro slowly gaining in significance as well. …

Persistent link: https://www.econbiz.de/10005528334

"When Good Intentions Pave the Road to Hell: Monetization Fears and Europe's Narrowing Options"

Terzi, Andrea - Levy Economics Institute - 2014

With the creation of the Economic and Monetary Union and the euro, the national government debt of eurozone member …

Persistent link: https://www.econbiz.de/10010786627

One currency, one price? Euro changeover-related inflation in Estonia

Meriküll, Jaanika; Rõõm, Tairi - European Central Bank - 2014

This paper studies euro changeover-related inflation using disaggregated price level data. The difference …-in-differences approach is used and the control group for the treatment country, Estonia, is built from 12 euro area countries. The Nielsen … overall inflationary effect of euro adoption was modest, the effects were significantly different across various market …

Persistent link: https://www.econbiz.de/10011067230

"The Euro and Its Guardian of Stability--The Fiction and Reality of the 10th Anniversary Blast"

Bibow, Jorg - Levy Economics Institute - 2009

inherited from Germany's mercantilist past and Bundesbank mythology. Steps toward a fiscal union to back the euro are also …

Persistent link: https://www.econbiz.de/10008509462