Showing 1 - 10 of 12
We explore the role of financial openness - capital account openness and gross capital inflows - and a newly constructed gravity-based contagion index to assess the importance of these factors in the run-up to currency crises. Using a quarterly data set of 46 advanced and emerging market...
Persistent link: https://www.econbiz.de/10010757284
This survey, which was conducted in September 1998, shows that the degree of acceptance of the Euro has grown to 78 … of Euro notes and coins in 2002. But people are willing to facilitate the transition by an extra trip to the bank or by … buying Euro coins in advance. …
Persistent link: https://www.econbiz.de/10005101868
This report studies the reaction of the level and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to talk up the euro have not …
Persistent link: https://www.econbiz.de/10005101890
This paper presents the results of the eight' DNB euro survey which was held in March 1999 by NIPO by order of de … Nederlandsche Bank. Conclusions with respect to the consumers are, that the support for the euro is stable, that the knowledge about … euro and EMU is at an acceptable level, that there is no widespread need for checking accounts in euro but that consumers …
Persistent link: https://www.econbiz.de/10005106704
This paper analyses the reforms in the architecture of EMU since the eruption of the euro crisis in 2010. We describe …
Persistent link: https://www.econbiz.de/10010945595
When does the general public lose trust in banks? We provide empirical evidence using responses by Dutch survey participants to eight hypothetical scenarios. We find that members of the general public care strongly about executive compensation. Negative media reports, falling stock prices, and...
Persistent link: https://www.econbiz.de/10010726974
This paper highlights the impact of credit supply and aggregate demand sensitivity on 91 US industries' stock performance during the 2007-2009 financial crisis. We account explicitly for changes in the market model and investigate, next to stock returns, the changes in systematic risk and...
Persistent link: https://www.econbiz.de/10010757287
Using eight annual surveys from the Netherlands between 2006 and 2013, we examine whether financial crisis experiences affect trust in banks, trust in the banking supervisor, and generalized trust. Adverse experiences during the financial crisis do not only directly lower trust in banks, but...
Persistent link: https://www.econbiz.de/10010690504
We analyse the relationship between tail risk and crisis measures by governments and the central bank. Using an adjusted Merton model in a game theoretical set-up, the analysis shows that the participation constraint for interventions by the central bank and the governments is less binding if...
Persistent link: https://www.econbiz.de/10010583805
Five years after Lehman Brothers defaulted, the Dutch consumer confidence is still very low. Based on a monthly time series analysis from 1978 onwards, we provide evidence that general economic indicators are not sufficient to explain consumer sentiment. We show that during the Great Recession...
Persistent link: https://www.econbiz.de/10010822707