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The synchronized disinflation across Europe since end-2011 raises the question of whether non-euro area EU countries … are affected by the undershooting of the euro area inflation target. To shed light on this issue, we estimate an open-economy …
Persistent link: https://www.econbiz.de/10010959481
This paper attempts to identify the fundamental variables that drive the credit default swaps during the initial phase of distress in selected European Large Complex Financial Institutions (LCFIs). It uses yearly data over 2004 - 08 for 29 European LCFIs. The results from a dynamic panel data...
Persistent link: https://www.econbiz.de/10008560441