Showing 1 - 10 of 16,132
China is both a major trading partner of the United States and the largest official holder of U.S. assets in the world. The value of Chinese foreign exchange reserves peaked at just over $4 trillion in June 2014, but has since declined to $3.19 trillion as of August 2016. This very large decline...
Persistent link: https://www.econbiz.de/10011586659
This paper investigates the implications of international financial sanctions for the reserve currency status of the US dollar. We propose a simple model of a reserve currency, demonstrate how the anticipation of financial sanctions can weaken the dollar's status, and evaluate the welfare...
Persistent link: https://www.econbiz.de/10014247945
Persistent link: https://www.econbiz.de/10010409117
Persistent link: https://www.econbiz.de/10012001998
outcome of fiscal shocks is strongly related to debt levels. The Euro-area countries included in the investigation are Greece …, Ireland, Italy, the Netherlands, Spain, and Portugal, over the sample period 1999-2016, i.e., the EMU period. The main … (And Should) Germany Do It? Spillovers of German Fiscal Policies in the Euro Area -- 7 The labor market outcomes of …
Persistent link: https://www.econbiz.de/10012397755
Persistent link: https://www.econbiz.de/10011782356
Persistent link: https://www.econbiz.de/10011654436
Persistent link: https://www.econbiz.de/10013362228
variables for financial development, central bank independence, and the inflation rate preceding the cycles. These findings may …
Persistent link: https://www.econbiz.de/10015072898
Persistent link: https://www.econbiz.de/10011514633