Showing 1 - 10 of 554
We explore whether the global financial crisis has had heterogeneous effects on traded goods differentiated by quality … quality exports grew faster before the crisis, but this trend reversed during the recession. Quantitatively, the effect is …
Persistent link: https://www.econbiz.de/10013010482
The global financial crisis of 2007-2009 spread through different channels from its origin in the United States to … large parts of the world. In this paper we explore the financial and the trade channel in a unified framework and quantify … internationally operating banking sector. We investigate the transmission of the crisis via the collapse of export demand and through …
Persistent link: https://www.econbiz.de/10012920861
Financial Crisis, 2007/8. We analyze the time-varying nature of this relationship in rolling regressions and an historical … dataset. In the subset of countries with enforceability problems, we find that the link between occasional crisis, measured by …
Persistent link: https://www.econbiz.de/10012914607
The financial crisis of 2007-2008 had major implications for the foreign exchange market. We review events and … intended to be a resource for researchers seeking a comprehensive review of the “what, why and when” of the financial crisis in … illustrate the dramatic nature of the current crisis compared to earlier crises. We also examine how the global FSI might have …
Persistent link: https://www.econbiz.de/10013095774
Since the beginning of 2010, the Euro Area faces a severe sovereign debt crisis, now generally known as the Euro Crisis …. While the Euro Crisis has its origin in Greece, problems have now spread to several other European countries as well … the Euro Crisis, or if the countries' problems are instead due to fundamental problems in the affected economies. Our …
Persistent link: https://www.econbiz.de/10013092476
This paper studies the performance of China's exports during the 2008—2009 financial crisis. It focuses on the speed at … trade prior to the crisis are hit by the recession earlier than other products …
Persistent link: https://www.econbiz.de/10013120072
characteristics of the crises, and the (potential) effects of the crisis therapies. As in Japan the consequence of expansionary … current crisis therapies …
Persistent link: https://www.econbiz.de/10013081055
We analyse the link between supply chains and the extent to which the Great Recession has affected national economies. Our analysis is in two steps, namely first for value added measures of supply chains and then for the Grubel-Lloyd index using gross-export data. Regarding value added measures...
Persistent link: https://www.econbiz.de/10012953709
The paper analyses the effects of the monetary policy crisis management of the European Central Bank on the economic …
Persistent link: https://www.econbiz.de/10012960114
During the Great Recession, despite the large fall in output, inflation did not fall much. This is known as the missing deflation puzzle. In this paper, we develop and estimate a New Keynesian Dynamic Stochastic General Equilibrium model to provide an explanation for the puzzle. The new model...
Persistent link: https://www.econbiz.de/10013019044