Narrow search
Showing 1 - 10 of 205
Cover Image
EU banks rating assignments : is there heterogeneity between new and old member countries?
Caporale, Guglielmo Maria; Matousek, Roman; Stewart, Chris - 2010
We model EU countries' bank ratings using financial variables and allowing for intercept and slope heterogeneity. Our … aim is to assess whether "old" and "new" EU countries are rated differently and to determine whether "new" ones are … intercepts) are a crucial determinant of ratings. Whilst "new" EU countries typically have lower ratings than "old" ones, after …
Persistent link: https://www.econbiz.de/10003974520
Cover Image
Communication and decision-making by central bank committees : different strategies, same effectiveness?
Ehrmann, Michael (contributor);  … - 2005
The paper assesses the communication strategies of the Federal Reserve, the Bank of England and the European Central Bank and their effectiveness. We find that the effectiveness of communication is not independent from the decisionmaking process in the committee. The paper shows that the Federal...
Persistent link: https://www.econbiz.de/10003014292
Cover Image
Geography or skills : what explains Fed watchers' forecast accuracy of US monetary policy?
Berger, Helge (contributor); Ehrmann, Michael (contributor);  … - 2006
The paper shows that there is a substantial degree of heterogeneity in forecast accuracy among Fed watchers. Based on a novel database for 268 professional forecasters since 1999, the average forecast error of FOMC decisions varies 5 to 10 basis points between the best and worst-performers...
Persistent link: https://www.econbiz.de/10003396783
Cover Image
The Maastricht convergence criteria and optimal monetary policy for the EMU accession Countries
Lipińska, Anna (contributor) - 2008
The EMU accession countries are obliged to fulfill the Maastrich convergence criteria prior to entering the EMU. This paper uses a DSGE model of a two-sector small open economy, to address the following question: How do the Maastricht convergence criteria modify optimal monetary policy in an...
Persistent link: https://www.econbiz.de/10003778818
Cover Image
Trade with central and eastern Europe : is it really a threat to wages in the west?
Polgár, Éva Katalin; Wörz, Julia - 2010
industries) in 25 EU countries over the period from 1995 to 2005. By applying a cross-country and industry-specific approach, it …
Persistent link: https://www.econbiz.de/10008659411
Cover Image
The enlargement of the European Union and the redistribution of seigniorage wealth
Feist, Holger - 2001
In the course of the EU enlargement process, the participation of accession countries in the European Monetary Union …
Persistent link: https://www.econbiz.de/10011397787
Cover Image
Money can't buy EU love : European funds and the Brexit referendum
Fidrmuc, Jan; Hulényi, Martin; Tunali, Çiğdem Börke - 2016
favor of remaining in the EU. Somewhat surprisingly, the intensity of immigration from the EU is positively correlated with …
Persistent link: https://www.econbiz.de/10011544086
Cover Image
The assignment of powers in an open-ended European Union
Salmon, Pierre - 2003
A major characteristic of the European Union is its transitional or evolving nature, in particular with regard to the assignment of powers between the two main levels of government. More precisely, under current constitutional arrangements, this evolving nature takes the form of an integration...
Persistent link: https://www.econbiz.de/10011508094
Cover Image
EMU enlargement, policy uncertainty and economic reforms
Hefeker, Carsten (contributor) - 2006
Persistent link: https://www.econbiz.de/10003364637
Cover Image
Efectos del proceso de integración europeo sobre la composición funcional del gasto público
Sanz Labrador, Ismael; Velázquez Angona, Francisco J. - In: Papeles de economía española 91 (2002), pp. 46-59
Persistent link: https://www.econbiz.de/10001660053