Showing 1 - 10 of 69
In the current debate on the reasons and implications of the Greek and Irish euro crisis, the intra-European current … imbalances since the euro introduction and thereby the current European debt crisis. Based on this finding we argue that an … imbalances ; inter-temporal savings ; financial crisis ; euro crisis ; European debt crisis ; theory of optimum currency areas …
Persistent link: https://www.econbiz.de/10008798227
This paper explores the link between monetary policies of large industrial countries and international credit cycles. Based on an overinvestment framework, we show that in the prevailing asymmetric world monetary system, monetary policies of large centre countries can fuel credit booms in...
Persistent link: https://www.econbiz.de/10010337620
Persistent link: https://www.econbiz.de/10011948231
In this paper we use data from the euro area to study episodes when sovereigns lose market access. We construct a …
Persistent link: https://www.econbiz.de/10012835616
In this paper we use data from the euro area to study episodes when sovereigns lose market access. We construct a …
Persistent link: https://www.econbiz.de/10012843921
In this paper we use data from the euro area to study episodes when sovereigns lose market access. We construct a …
Persistent link: https://www.econbiz.de/10012843947
virtuous feedback loops. This paper models the macroeconomic phenomena underlying such bouts using CDS data for 10 euro …
Persistent link: https://www.econbiz.de/10012971238
virtuous feedback loops. This paper models the macroeconomic phenomena underlying such bouts using CDS data for 10 euro area …
Persistent link: https://www.econbiz.de/10012971724
Persistent link: https://www.econbiz.de/10012037784
Persistent link: https://www.econbiz.de/10012200503