Showing 1 - 10 of 63
In this paper, Benedicta Marzinotto and Jörg Rocholl focus on the tightening of credit conditions for banking rules (Basel III), particularly the estimated macroeconomic costs range, monetary policy and the aggregate costs of the measures. The authors report that the monetary policy response to...
Persistent link: https://www.econbiz.de/10010273720
Bank supervisors should provide publicly accessible, timely and consistent data on the banks under their jurisdiction … and update fairly detailed information on bank balance sheets within a week. By contrast, based on an attempt to locate … bank transparency are either insufficient or could be easily sidestepped by supervisors. A banking union in Europe needs to …
Persistent link: https://www.econbiz.de/10010464502
European Central Bank stress tests, including the treatment of sovereign debt and systemic risk. Uncertainty also prevails … about the rules and discretion that will applyto bank recapitalisation, bank restructuring and bank resolution in 2014 and …. Governments should support the ECB, accept cross-border bank mergers and substantial creditor involvement under clear bail …
Persistent link: https://www.econbiz.de/10010464506
Juan Delgado discusses the economic impact of climate change policies. The EU has committed to an ambitious climate change agenda. The challenge facing Europe now is how to meet the targets at a minimum cost and how to allocate the cost in such a way that it has a neutral impact on...
Persistent link: https://www.econbiz.de/10010293545
In this paper, presented to the Economic and Monetary Affairs Committee of the European Parliament, Nicolas Véron discusses whether the EU should adopt the controversial IFRS 8 standard, a convergence project on how companies should report the performance of their individual business segments....
Persistent link: https://www.econbiz.de/10010293547
Jean Pisani-Ferry's note was prepared for the European Parliament-National Parliaments Debate on How to Raise Growth in the Euro Area? in Brussels.
Persistent link: https://www.econbiz.de/10010293549
Jean Pisani-Ferry prepared this note for a hearing before the Committee on Economic and Monetary Affairs of the European Parliament.
Persistent link: https://www.econbiz.de/10010293550
André Sapir produced this short paper at the request of Commissioner Mandelson for the Expert Seminar on Trade Defence Instruments at the European Commission.
Persistent link: https://www.econbiz.de/10010293551
Visiting scholar Xavier Debrun, and Bruegel director Jean Pisani-Ferry contribute to the emerging discussion on reform strategies in the euro area. An earlier version of this note was presented to the Eurogroup Working Group of the Economic Policy Committee of the EU.
Persistent link: https://www.econbiz.de/10010293553
European Union policymakers have in principle put innovation at the heart of competitiveness, in particular in the Europe 2020 strategy. But in merger control, assessments of the innovation effects of mergers are inadequate, even though mergers and acquisitions can have a significant impact on...
Persistent link: https://www.econbiz.de/10010293554