Showing 1 - 10 of 54
current monetary unions, especially the euro. Each successive annual edition of this book will be priced in the remaining …
Persistent link: https://www.econbiz.de/10005621973
As globalization continues, businesses are increasingly importing and exporting from countries with different currencies. To conduct that business, they must pay fees for exchanging one currency for another and they must determine the exchange rate for a particular time. If the transaction is to...
Persistent link: https://www.econbiz.de/10005617198
learned from current monetary unions, especially the euro. Each successive annual edition of this book will be priced in the …
Persistent link: https://www.econbiz.de/10005835646
As globalization continues, businesses are increasingly importing and exporting from countries with different currencies. To conduct that business, they (whether one or both parties) must pay fees for exchanging one currency for another and they must determine the exchange rate for a particular...
Persistent link: https://www.econbiz.de/10005836848
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
projection of what has been learned from current monetary unions, especially the euro. Each successive annual edition of this …
Persistent link: https://www.econbiz.de/10005787163
Although Europe is about to introduce a commom monetary policy with one common European currency, the euro, estimating … the expected costs and income is not an easy task. This paper analyzes in-depth the benefits of the euro. The prospects …
Persistent link: https://www.econbiz.de/10008854418
This paper focuses on the impact of the euro on the degree of business cycle synchronisation between nineteen advanced … impact of the euro on the synchronicity and the relative amplitude of business cycles separately. We find that although the … introduction of the euro has raised the likelihood of business cycle synchronicity, it has not affected the relative amplitude of …
Persistent link: https://www.econbiz.de/10008583573
The paper demonstrates possibilities of both convergence to the steady state and emergence of stable growth cycles around it in a simple macrodynamic model of debt-financed investment-led growth. The growth cycles are robust and are generated endogenously, either due to the existence of a...
Persistent link: https://www.econbiz.de/10011107341
In the years before the global financial crisis of 2008--2010, Qatar experienced a huge build-up of liquidity surplus in the banking system, mainly driven by surging net capital inflows. This paper identifies various sources of interbank liquidity in Qatar and discusses the various implications...
Persistent link: https://www.econbiz.de/10011107831