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The paper describes the activities of central counterparties (CCPs) and the international framework for those activities. It also provides an overview of the activities of the CCPs in the EU. Against this background, an initial assessment is performed of the possibilities of introducing a CCP in...
Persistent link: https://www.econbiz.de/10010126564
within all countries in the Euro area and in Denmark. To quote a colleague, there is some way to the level in the fast …
Persistent link: https://www.econbiz.de/10002583386
Several countries at the core of the Euro area have experienced coincident business cycles during the most recent decades, while the Danish economy seemed detached from these cycles during the 1980's and part of the 1990's. To a large degree, the decoupling of the Danish economy reflects...
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This paper offers a fact-oriented chronology of the Danish exchange-rate policy since the introduction of the krone as the Danish currency unit in 1875. -- Exchange-rate policy ; Danish krone exchange rates ; History of exchange rates ; Gold Standard ; Bretton Woods system ; European...
Persistent link: https://www.econbiz.de/10002031143
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This paper sets out by looking at the purchasing power parity theory applied on Denmark, using real effective exchange … Denmark is not far from equilibrium, even though the real effective exchange rate of the krone has strengthened over the past …
Persistent link: https://www.econbiz.de/10003756773
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