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Hartmann, Philipp; Straetmans, Stefan; Vries, Casper de - 2004

In this note we demonstrate that in affine models for bilateral exchange rates, the nature of return interdependence during crises depends on the tail properties of the fundamentals' distributions. We denote crisis linkages as either strong or weak, in the sense that the dependence remains or...

Persistent link: https://www.econbiz.de/10009636547

The global financial crisis and its effects on the Netherlands

Masselink, Maarten; Van den Noord, Paul - 2009

With very low unemployment, a large and stable current account surplus, low government debt and a budget in surplus, the Dutch economy was assessed initially to be relatively well prepared to weather the financial and economic crisis. In 2008, however, the negative effects of the financial...

Persistent link: https://www.econbiz.de/10009641070

Price stability and monetary policy effectiveness when nominal interest rates are bounded at zero

Coenen, Günter; Orphanides, Athanasios; Wieland, Volker - 2003

This paper employs stochastic simulations of a small structural rational expectations model to investigate the consequences of the zero bound on nominal interest rates. We ﬁnd that if the economy is subject to stochastic shocks similar in magnitude to those experienced in the U.S. over the...

Persistent link: https://www.econbiz.de/10009635983

Euro Papers

Europäische Kommission / Generaldirektion Wirtschaft … - 1999

Persistent link: https://www.econbiz.de/10011335320

Country and sector-specific spillover effects in the euro area, the United States and Japan

Kaltenhaeuser, Bernd - 2003

Within a two-step GARCH framework we explore the linkages between equity returns of ten sectors in the euro area, the … United States and Japan, respectively. Our estimation framework allows a distinction to be made between spillover effects … process towards higher integration has been primarily a phenomenon of equity markets in the euro area and the United States. …

Persistent link: https://www.econbiz.de/10009635881

Danske Bank (Denmark)

Juravle, Carmen; Weber, Tina - 2010

This case study demonstrates how Danske Bank, one of the largest banks in northern Europe, has dealt with the impact of the financial crisis. It also shows how it has coped with longer term restructuring requirements arising from rapid expansion and internationalisation of the bank, the...

Persistent link: https://www.econbiz.de/10012023020

Recession and social dialogue in the banking sector : a global perspective

Vacas Soriano, Carlos - 2011

Financial activities are at the origin of the current global crisis but have also been affected by the economic downturn. This report analyses the impact of the financial crisis on the banking sector in the following countries: Germany, France, Italy, the Netherlands, Spain, Hungary, Sweden,...

Persistent link: https://www.econbiz.de/10012023022

Recession and social dialogue in the banking sector : a European perspective

Telljohann, Volker; Freddi, Daniela; Dazzi, Davide - 2011

The worldwide banking system is at the heart of the greatest economic crisis for at least 70 years. The crisis has strongly affected a sector that had already experienced significant changes in the preceding 30 years. Structural changes in the world economy, caused by globalisation processes and...

Persistent link: https://www.econbiz.de/10012023024

Handbook on Community state aid rules for SMEs

Europäische Kommission - 2009

Persistent link: https://www.econbiz.de/10009638921

The 2008 Financial Crisis and Taxation Policy

Hemmelgarn, Thomas - 2010

Persistent link: https://www.econbiz.de/10009639922