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Discussion of 'The Case for Inflation Targeting in East Asian Countries'
Werner, Alejandro - Reserve Bank of Australia
Persistent link: https://www.econbiz.de/10005398594
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The Case for Inflation Targeting in East Asian Countries
Debelle, Guy - Reserve Bank of Australia
Persistent link: https://www.econbiz.de/10005398600
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Introduction to Future Directions for Monetary Policies in East Asia
Gruen, David - Reserve Bank of Australia
Persistent link: https://www.econbiz.de/10005232540
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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
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Is our Current International Economic Environment Unusually Crisis Prone?
Bordo, Michael; Eichengreen, Barry - Reserve Bank of Australia
Persistent link: https://www.econbiz.de/10005125129
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The mutating euro area crisis: is the balance between "sceptics" and "advocates" shifting?
Mongelli, Francesco Paolo - European Central Bank - 2013
The destructive potential of the sovereign debt crisis of the euro area has been slowly abating since last summer, but … euro area, and the other being an erosion of trust in the viability of the euro area itself. Such concerns have led to talk … the crisis or the future of the euro area. While the crisis is a traumatic wake-up call, it is also a catalyst for change …
Persistent link: https://www.econbiz.de/10010693504
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Has the Euro affected the choice of invoicing currency?
Ligthart, Jenny E.; Werner, Sebastian E. V. - European Central Bank - 2012
We present a new approach to study empirically the effect of the introduction of the euro on the pattern of currency … invoicing after the introduction of the euro, whereas the home currency share of non-eurozone countries fell slightly. In … addition, the euro as a vehicle currency has overtaken the role of the US dollar in Norwegian imports. The substantial rise in …
Persistent link: https://www.econbiz.de/10010686764
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The mutating euro area crisis: is the balance between "sceptics" and "advocates" shifting?
Mongelli, Francesco Paolo - European Central Bank - 2013
The destructive potential of the sovereign debt crisis of the euro area has been slowly abating since last summer, but … euro area, and the other being an erosion of trust in the viability of the euro area itself. Such concerns have led to talk … the crisis or the future of the euro area. While the crisis is a traumatic wake-up call, it is also a catalyst for change …
Persistent link: https://www.econbiz.de/10010688313
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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
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Was unofficial dollarisation/euroisation an amplifier of the 'Great Recession' of 2007-09 in emerging economies
Chiţu, Livia - European Central Bank - 2012
This paper investigates whether, and if so why, the recent ‘Great Recession’ was more severe in unofficially dollarised/euroised economies than in other economies. To that end, the paper builds on a novel dataset on unofficial dollarisation/euroisation to test whether the latter was a...
Persistent link: https://www.econbiz.de/10010686813