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Self-fulfilling crises in the Eurozone : an empirical test

De Grauwe, Paul; Ji, Yuemei - 2012

Persistent link: https://www.econbiz.de/10009575314

What's in a second opinion? : shadowing the ECB and the Bank of England

Neuenkirch, Matthias; Siklos, Pierre L. - 2013

Persistent link: https://www.econbiz.de/10009788857

Industry-level labour demand elasticities across the Eurozone : will there be any gain after the pain of internal devaluation?

Adam, Antonis; Moutos, Thomas - 2014

(1970 - 2007) for twenty-three industries across eleven euro area countries. By using the EU KLEMS database, which provides …

Persistent link: https://www.econbiz.de/10010370168

Monetary policy in EMU when the transmission is asymmetric and uncertain

De Grauwe, Paul; Sénégas, Marc-Alexandre - 2003

In this paper we address the issue of how transmission uncertainty could affect the choice between a federal monetary policy based on national data and one on aggregated data.We find that the uncertainty about the transmission process increases the need to take into account information about...

Persistent link: https://www.econbiz.de/10011506467

Social union, convergence and migration

Sinn, Hans-Werner; Ochel, Wolfgang - 2003

need for social policies at the EU level. Social harmonisation would distort migration flows and slow down the speed of …

Persistent link: https://www.econbiz.de/10011507973

Who needs foreign banks?

Gros, Daniel - 2003

10 countries from Central and Eastern Europe (CEEC) that will join the EU in 2004/7 the banking system is now dominated …

Persistent link: https://www.econbiz.de/10011508110

The political economy of EU enlargement : or, why Japan is not a candidate country?

Adam, Antonis; Moutos, Thomas - 2002

In this paper we argue that strong political economy forces explain the rush of the EU to expand eastwards. We use a … model of vertical product differentiation in order to claim that technologically- advanced EU firms (residing in high …

Persistent link: https://www.econbiz.de/10011409769

Is monetary policy in the eurozone less effective than in the US?

De Grauwe, Paul (contributor); Costa, Cláudia (contributor) - 2005

There is a wide consensus that the existence of structural rigidities in the Eurozone reduces the effectiveness of the ECB's monetary policies. In order to test this "ECB-handicap" hypothesis, we perform a meta-analysis of the effects of monetary policies in the US and the Eurozone countries....

Persistent link: https://www.econbiz.de/10003297484

Turkish delight for some, cold Turkey for others? : The effects of the EU-Turkey Customs Union

Adam, Antonis (contributor); Moutos, Thomas (contributor) - 2005

Following Turkey's application for EU membership in 1987, a Customs Union (CU) between Turkey and the EU, mainly … asymmetric changes in the trade volumes of the incumbent countries of the EU as a result of the EU-Turkey CU. By examining … disaggregated trade data we find that the technologically sophisticated EU countries (e.g., mainly the Northern European countries …

Persistent link: https://www.econbiz.de/10003201728

Non-linearities in the relation between the exchange rate and its fundamentals

Altavilla, Carlo (contributor); De Grauwe, Paul (contributor) - 2005

This paper investigates the relationship between the euro-dollar exchange rate and its underlying fundamentals. First, we develop a simple theoretical model in which chartists and fundamentalists interact. This model predicts the existence of different regimes, and thus nonlinearities in the...

Persistent link: https://www.econbiz.de/10003202226