Narrow search
Showing 1 - 10 of 218
Cover Image
Assessing Indicators of Currency Crisis in Ethiopia: Signals Approach
Megersa, kelbesa; Cassimon, Danny - Volkswirtschaftliche Fakultät, … - 2013
Currency crises, generally defined as rapid depreciation of a local currency or loss of foreign exchange reserves, are common incidents in modern monetary systems. Due to their repeated occurrence and severity, they have earned wide coverage by both theoretical and empirical literature. However,...
Persistent link: https://www.econbiz.de/10011259158
Cover Image
External constraint and financial crises with balance sheet effects
Dai, Meixing - Volkswirtschaftliche Fakultät, … - 2010
This paper investigates the dynamic implications of Krugman’s (1999) model of financial crises with balance-sheet effects, which has a considerable impact on the literature as well as the teaching of international financial crisis. By explicitly taking account of wealth accumulation and...
Persistent link: https://www.econbiz.de/10008529247
Cover Image
Cause and cure of the crisis
Colignatus, Thomas - Volkswirtschaftliche Fakultät, … - 2014
The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...
Persistent link: https://www.econbiz.de/10011108214
Cover Image
Deciphering financial contagion in the euro area during the crisis
Tola, Albi; Wälti, Sébastien - Volkswirtschaftliche Fakultät, … - 2012
Financial market interdependence has been at the epicenter of the crisis in the euro area. This paper tests for the … euro area shocks from country-specific shocks. Financial contagion has been widespread during the crisis in the euro area … between the core and the periphery of the euro area. Global and euro area shocks have been important drivers of sovereign bond …
Persistent link: https://www.econbiz.de/10011114307
Cover Image
La crisis de la deuda, el euro y la construcción política europea: reflexiones desde la economía
Costas, Antón; Lago-Peñas, Santiago - Volkswirtschaftliche Fakultät, … - 2013
The aim of this short paper is to discuss the future of the European Monetary Union (EMU) departing from the current financial crisis. In particular, we focus on its effects on the prospects for the EMU integration or disintegration.
Persistent link: https://www.econbiz.de/10011114561
Cover Image
Characteristics of the financial crisis in 2008 and its implications on Romanian economy
Liviu-George, Maha; Dragos-Florentin, Mariciuc - Volkswirtschaftliche Fakultät, … - 2009
The paper tries to underline the most important aspects of the financial crisis in Romania. Taking into account the information speed, the full integration of the capital markets and the commercial integration, the economic crisis of 2008 is certainly a global one and it has repercussions not...
Persistent link: https://www.econbiz.de/10008753088
Cover Image
Was kostet die Krise? Mittelfristige Wachstumsperspektiven in Deutschland, 2010 - 2014
Buchen, Teresa; Carstensen, Kai; Henzel, Steffen; … - Volkswirtschaftliche Fakultät, … - 2010
2009 ist eine Diskussion darüber entbrannt, inwieweit die derzeitige Finanzkrise Einfluss auf die mittelfristigen … Zeitreihenmodellen abgeschätzt. Die Ergebnisse deuten darauf hin, dass das Niveau des Produktionspotenzials aufgrund der Finanzkrise … Euro ableiten. Demgegenüber dürfte die Trendwachstumsrate in den kommenden Jahren bei 1,3 % liegen und damit nur …
Persistent link: https://www.econbiz.de/10008472806
Cover Image
Financial Crisis, Economic Recovery, and Banking Development in Russia, and other FSU Countries
Huang, Haizhou; Marin, Dalia; Xu, Chenggang - Volkswirtschaftliche Fakultät, … - 2004
This paper provides a unified analysis for the onset of the 1998 financial crisis and the strong economic recovery afterward in Russia and other former Soviet Union countries. Before the crisis a banking failure arose owing to the coexistence of a lemons credit market and high government...
Persistent link: https://www.econbiz.de/10005785848
Cover Image
The Financial Crisis and Mandatory Pension Systems in Developing Countries: Short- and Medium-term Responses
Dorfman, Mark; Hinz, Richard; Robalino, David - Volkswirtschaftliche Fakultät, … - 2008
Persistent link: https://www.econbiz.de/10005787040
Cover Image
The Dynamics of House Prices - International Evidence
Sorensen, Jens Kjaer - Volkswirtschaftliche Fakultät, … - 2006
‘New’ long run data regarding Norway, the Netherlands, United Kingdom and USA has been collected and will be graphically, statistically and econometrically compiled and analyzed to prove that real house prices in the long run are constant and mean reverting. Co-integration of nominal house...
Persistent link: https://www.econbiz.de/10005789417