Narrow search
Showing 1 - 10 of 14
Cover Image
Sovereign risk premia : the link between fiscal rules and stability culture
Heinemann, Friedrich; Osterloh, Steffen; Kalb, Alexander - 2013 - This version: March 2013
There is a growing empirical literature studying whether fiscal rules reduce borrowing costs. Nevertheless, it remains an open question whether these rules are effective genuinely or just because they mirror fiscal preferences of politicians and voters. In our analysis of European bond spreads,...
Persistent link: https://www.econbiz.de/10009721879
Cover Image
Sovereign risk premia : the link between fiscal rules and stability culture ; conference paper
Heinemann, Friedrich; Osterloh, Steffen; Kalb, Alexander - 2013
There is a growing empirical literature studying whether fiscal rules reduce borrowing costs. Nevertheless, it remains an open question whether these rules are effective genuinely or just because they mirror fiscal preferences of politicians and voters. In our analysis of European bond spreads,...
Persistent link: https://www.econbiz.de/10010336738
Cover Image
Exchange rate regimes and fiscal discipline in OECD countries
Heinemann, Friedrich - 1999
estimation for 20 OECD countries from 1970 onwards. The conclusion is that the exchange rate regime as such is not relevant for …
Persistent link: https://www.econbiz.de/10000683878
Cover Image
Exchange rate regimes and fiscal discipline in OECD countries
Heinemann, Friedrich - 1999
estimation for 20 OECD countries from 1970 onwards. The conclusion is that the exchange rate regime as such is not relevant for …
Persistent link: https://www.econbiz.de/10011442384
Cover Image
Capital mobility within EMU
Stirböck, Claudia; Heinemann, Friedrich - 1999
before the advent of the Euro. …
Persistent link: https://www.econbiz.de/10011442627
Cover Image
How integrated are the European retail financial markets? : a cointegration analysis
Heinemann, Friedrich; Schüler, Martin - 2002
With the introduction of the Euro, a single European money market has emerged. Further wholesale financial markets are …
Persistent link: https://www.econbiz.de/10011447291
Cover Image
Is the view from the Eurotower purely European? : national divergence and ECB interest rate policy
Heinemann, Friedrich; Hüfner, Felix - 2002
The official view on ECB monetary policy claims that monetary decisions are based solely on average data for the euro … reaction function estimations and a probit model of interest rate decisions for the first years of the euro area. The results … ignoring a potential national perspective may lead to a serious bias in the estimation of ECB reaction functions. The paper …
Persistent link: https://www.econbiz.de/10011447829
Cover Image
Does it pay to watch central bankers' lips? : The information content of ECB wording
Heinemann, Friedrich (contributor);  … - 2005
In this analysis, the informational content of central bank rhetoric is assessed based on the experience with the ECB since 1999. Among the ECB’s communication channels we focus on the monthly press conferences. Based on a counting of certain signal words we construct a wording indicator...
Persistent link: https://www.econbiz.de/10003181015
Cover Image
The impact of EMU on inflation expectations
Heinemann, Friedrich (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10001906587
Cover Image
Capital mobility within EMU
Stirböck, Claudia; Heinemann, Friedrich - 1999
before the advent of the Euro. …
Persistent link: https://www.econbiz.de/10013428227