Showing 1 - 10 of 12
This paper studies a particular aspect of the choice of exchange rate regime by EU candidate countries in the run-up to …Dieses Papier untersucht einen besonderen Aspekt bei der Wahl eines Wechselkursregimes von EU Beitrittskandidaten auf …
Persistent link: https://www.econbiz.de/10011419367
Mitgliedschaft in der EU verlangt das Ende der noch bestehenden Kontrollen. Dieses Papier betrachtet die Erfahrungen der …
Persistent link: https://www.econbiz.de/10011431146
Pre-Accession Transition Countries (PATCs) aim at early admittance to the monetary club. Their fiscal indicators - deficit and debt - do not show any serious symptoms. Closer scrutiny reveals, however, that the interest burden of their public debt might be underestimated, and that restructuring...
Persistent link: https://www.econbiz.de/10011431300
Many of the EU accession countries have announced that they will not only try to enter the EU as quickly as possible … countries and for the EU core countries. …Viele der EU-Beitrittsländer haben angekündigt, dass sie nicht nur der EU, sondern auch der EWU schnell beitreten …
Persistent link: https://www.econbiz.de/10011431321
preliminary assessment of the effectiveness of such measures. The geographical focus of the paper is on the European Union (EU …, not only between the EU and the United States (e.g. with regard to the involvement of the central bank), but also within … the EU (e.g. asset relief schemes). -- Bank rescue measures ; public crisis management …
Persistent link: https://www.econbiz.de/10003986824
We analyze contributions of different markets to price discovery on traded inflation expectations and how it changed during the financial crisis. The quicker information is processed on one market and the less one market is disrupted by the financial crisis the more valuable is its information...
Persistent link: https://www.econbiz.de/10003874764
The Eurosystem’s main refinancing operations (MRO) are key for the interbank money market and the monetary transmission process in the euro area. This paper investigates how money market rates respond to the information revealed by various aspects of an MRO auction outcome. Our results confirm...
Persistent link: https://www.econbiz.de/10009373439
after accession to the EU, the implementation and transmission of the single monetary policy within the Eurosystem will … einem EU-Beitritt keine Rolle mehr spielen werden, könnte innerhalb des Eurosystems die Implementierung und Transmission der …
Persistent link: https://www.econbiz.de/10011432010
after accession to the EU, the implementation and transmission of the single monetary policy within the Eurosystem will … einem EU-Beitritt keine Rolle mehr spielen werden, könnte innerhalb des Eurosystems die Implementierung und Transmission der …
Persistent link: https://www.econbiz.de/10011432015
A test of speculative efficiency on the foreign exchange markets of Poland, the Czech Republic, Hungary and the Slovak republic was unable to identify a cointegration relationship between forward and spot rates against the euro for the period between 1999 and mid-2002. Econometric studies...
Persistent link: https://www.econbiz.de/10011432049