Showing 1 - 10 of 931
Persistent link: https://www.econbiz.de/10001411586
Persistent link: https://www.econbiz.de/10004163218
Persistent link: https://www.econbiz.de/10004112406
Persistent link: https://www.econbiz.de/10004390768
Persistent link: https://www.econbiz.de/10004060988
implications of the first decade of the Euro and to extend this understanding forwards to Europe and beyond. …
Persistent link: https://www.econbiz.de/10010669631
the end of Pax Americana and the beginning of something else, possibly a Pax Europea, led by the strength of the euro … performance of these two economic blocs. While the current exchange rate between the US dollar and the euro has been considered a … worried. The strength of the euro is becoming irritating for the Eurozone and, nevertheless, the weakness of the US dollar is …
Persistent link: https://www.econbiz.de/10005789886
Persistent link: https://www.econbiz.de/10004568294
We propose a hierarchical Marshall–Olkin model of countrywide systemic risk. At the lower level, we model the systemic risk of a crisis within the banking system (that we call “within” systemic risk) and at the higher level we model the probability of a joint default of the banking system...
Persistent link: https://www.econbiz.de/10011051970
We examine the determinants of external crises, focusing on the role of foreign liabilities and their composition. Using a variety of statistical tools and comprehensive data spanning 1970-2011, we find that the ratio of net foreign liabilities (NFL) to GDP is a significant crisis predictor, and...
Persistent link: https://www.econbiz.de/10010838007