Showing 1 - 10 of 5,119
The euro area crisis is the main external factor threatening the Swiss economy. In 2010 and 2011, the Swiss franc was … rapidly appreciating against the euro, causing a drop in exports, losses for the tourism business and a rise in unemployment …. This paper gives an overview of developments in the euro area and explains the reasons for the strength of the franc, the …
Persistent link: https://www.econbiz.de/10009682346
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the …
Persistent link: https://www.econbiz.de/10011308548
Persistent link: https://www.econbiz.de/10011560101
Persistent link: https://www.econbiz.de/10009520541
Persistent link: https://www.econbiz.de/10009490521
A monetary union among autonomous countries cannot simultaneously maintain an independent monetary policy, national fiscal sovereignty and a no-bailout clause. These three features make up an impossible trinity, and attempts to preserve all three concurrently will ultimately end in failure. In...
Persistent link: https://www.econbiz.de/10009686816
Persistent link: https://www.econbiz.de/10009632046
Central banks have recently adjusted their communication strategies to enhance engagement with the general public, yet there is limited understanding of public sentiment regarding monetary policy announcements. This paper investigates whether monetary policy announcements influence household...
Persistent link: https://www.econbiz.de/10015058896
policy frameworks and the fiscal support in the U.S. and euro area during the pandemic. Moving from a previous target of … "below, but close to 2 percent" to a formal symmetric inflation targeting regime in the euro area or from flexible to average … in the U.S. and the euro area, and a slower withdrawal of fiscal support in the euro area, have a similar impact on …
Persistent link: https://www.econbiz.de/10015060056
Persistent link: https://www.econbiz.de/10009659536