Showing 1 - 10 of 13
We investigate whether the anchoring properties of long-run inflation expectations in the United States, the euro area … and the United Kingdom have changed around the economic crisis that erupted in mid-2007. We document that in these three … the outburst of the crisis. We show, however, that these factors did not contaminate the relationship between …
Persistent link: https://www.econbiz.de/10008482047
currency crisis a regional or global phenomenon?; and (iii) By controlling for “cross-market rebalancing do other mechanisms … like "financial openness" increase the probability of a currency crisis? We introduce the concept of conditional … probability of joint failure (CPJF) to measure the linkages of currency crisis intra- and inter-regionally. From estimating this …
Persistent link: https://www.econbiz.de/10005101790
. This concept is applied to the Netherlands and six OECD countries which experienced a financial crisis. …
Persistent link: https://www.econbiz.de/10005101852
During the Great Crisis, most governments in industrial countries supported their domestic financial sector under …, the euro area and the United Kingdom, views on the sustainability of fiscal burdens have influenced markets' assessment of … burdens on long-term inflation expectations in the United States, the euro area and the United Kingdom. These results are …
Persistent link: https://www.econbiz.de/10009193241
information sets with data relevant to euro area inflation. Our analysis of survey responses reveals several interesting results … stability, which acted as a focal point for long-term expectations. Second, the turmoil in euro area bond markets triggered by … the Greek fiscal crisis influenced short- and mediumterm inflation expectations but had only a very small impact on long …
Persistent link: https://www.econbiz.de/10008861749
integration process. Central points in the report are the weak exchange rate of the euro vis à vis the dollar and views on the …
Persistent link: https://www.econbiz.de/10004970704
This survey, which was conducted in September 1998, shows that the degree of acceptance of the Euro has grown to 78 … of Euro notes and coins in 2002. But people are willing to facilitate the transition by an extra trip to the bank or by … buying Euro coins in advance. …
Persistent link: https://www.econbiz.de/10005101868
This report studies the reaction of the level and volatility of the euro-dollar exchange rate to statements of ECB … officials during the first years of EMU. We focus on statements on monetary policy and the (potential) strength of the euro. We …. In some cases there are effects of statements on the level of the euro-dollar rate. Efforts to talk up the euro have not …
Persistent link: https://www.econbiz.de/10005101890
This paper presents the results of the eight' DNB euro survey which was held in March 1999 by NIPO by order of de … Nederlandsche Bank. Conclusions with respect to the consumers are, that the support for the euro is stable, that the knowledge about … euro and EMU is at an acceptable level, that there is no widespread need for checking accounts in euro but that consumers …
Persistent link: https://www.econbiz.de/10005106704
This research memorandum presents and discusses the results of the 10th DNB euro survey which was held in September … the weakening of the euro vis-à-vis the dollar. In the longer run, though, people expect the euro to recover. Euro … conversion rate. A majority of the Dutch public want, as soon as possible, products to be priced in euro, but shops are reluctant …
Persistent link: https://www.econbiz.de/10005106717