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preliminary assessment of the effectiveness of such measures. The geographical focus of the paper is on the European Union (EU …, not only between the EU and the United States (e.g. with regard to the involvement of the central bank), but also within … the EU (e.g. asset relief schemes) …
Persistent link: https://www.econbiz.de/10012991088
This paper examines the relation between money and housing variables in the euro area and in the US. Our empirical model is based on a standard money demand relation which is augmented by housing market variables. In doing so, co-integrated money demand relationships can be established for both...
Persistent link: https://www.econbiz.de/10012991143
Persistent link: https://www.econbiz.de/10012991203
Many of the EU accession countries have announced that they will not only try to enter the EU as quickly as possible … countries and for the EU core countries.Viele der EU-Beitrittsländer haben angekündigt, dass sie nicht nur der EU, sondern auch … Spillover-Kosten für die anderen Beitrittsländer und für die EU-Kernländer auftreten …
Persistent link: https://www.econbiz.de/10012991282
Pre-Accession Transition Countries (PATCs) aim at early admittance to the monetary club. Their fiscal indicators – deficit and debt - do not show any serious symptoms. Closer scrutiny reveals, however, that the interest burden of their public debt might be underestimated, and that...
Persistent link: https://www.econbiz.de/10012991285
Persistent link: https://www.econbiz.de/10012991350