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Euro effects on the intensive and extensive margins of trade
Flam, Harry (contributor); Nordström, Håkan (contributor) - 2006
Persistent link: https://www.econbiz.de/10003462081
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The Greek crisis and financial assistance programmes : an evaluation
Arghyrou, Michael Georgiou - 2015
We analyse the background of the Greek debt crisis and evaluate the three Greek financial assistance programme. The crisis and the first programme's (2010-11) failure were mainly the result of misguided internal policies. The second programme (2012-14) achieved progress towards recovery but this...
Persistent link: https://www.econbiz.de/10011384358
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Central bank policies and financial markets : lessons from the Euro crisis
Mody, Ashoka; Nedeljkovic, Milan - 2018 - This version: November 20, 2018
bond markets and improved economic sentiment, as reflected in higher equity prices. In contrast, passive euro liquidity … provision and even active measures (policy rate reductions and bond market interventions) delivered modest results. Although …. Overall, the results point to the ECB's limits in helping improve financial market's sentiment. …
Persistent link: https://www.econbiz.de/10011942687
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The euro crisis and economic growth : a novel counterfactual approach
Terzi, Alessio - 2019 - This Draft: 25 June 2019
Macroeconomic adjustment in the euro area periphery was more recessionary than pre-crisis imbalances would have …
Persistent link: https://www.econbiz.de/10012033212
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Tax-co-ordination in Europe : assessing the first years of the EU-savings taxation directive
Hemmelgarn, Thomas; Nicodème, Gae͏̈tan J.A. - 2009
This paper reviews the economic effects of the EU Savings Taxation Directive. The Directive aims at enabling taxation of foreign interest payments received by individuals in accordance with the rules of their State of residence. The data suggest that the Directive, which is based on automatic...
Persistent link: https://www.econbiz.de/10003861869
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Understanding the latest wave and future shape of regional trade and cooperation agreements in Asia
Bhattacharyay, Biswanath (contributor) - 2006
Persistent link: https://www.econbiz.de/10003457169
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The dilemmas of tax coordination in the enlarged European Union
Brøchner, Jens; Jensen, Jesper; Svensson, Patrik; … - 2006
Persistent link: https://www.econbiz.de/10003457279
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Discretionary fiscal policy : review and estimates for the EU
Beetsma, Roel; Giuliodori, Massimo - 2010
We briefly review the theoretical and empirical consequences of discretionary fiscal policy changes, after which we provide our own estimates for the EU countries. A fiscal expansion raises output and consumption and reduces the trade balance. Moreover, the stimulating effect of higher...
Persistent link: https://www.econbiz.de/10003937804
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Remittances and financial openness
Beine, Michel; Lodigiani, Elisabetta; Vermeulen, Robert - 2010
Remittances have greatly increased during recent years, becoming an important and reliable source of funds for many developing countries. Therefore, there is a strong incentive for receiving countries to attract more remittances, especially through formal channels that turn to be either less...
Persistent link: https://www.econbiz.de/10003976556
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Channel systems : why is there a positive spread?
Berentsen, Aleksander; Marchesiani, Alessandro; Waller, … - 2010
this result in a dynamic general equilibrium model where market participants have heterogeneous liquidity needs and where … money market rate and the volumes traded at the ECB's deposit and lending facilities in response to the recent financial … crisis. -- monetary policy ; open market ; operations ; standing facilities …
Persistent link: https://www.econbiz.de/10008732253