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Monetary union with a single currency and imperfect credit market integration
Bignon, Vincent; Breton, Régis; Rojas Breu, Mariana - 2015
This paper shows that currency arrangements impact on credit available through default incentives. To this end we build a symmetric two-country model with money and imperfect credit market integration. With the Euro Area context in mind, we capture differences in credit market integration by...
Persistent link: https://www.econbiz.de/10011283076
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Convergence of EMU equity portfolios
Giofré, Maela - 2009
This paper demonstrates that, after integration, equity portfolios of countries that joined the European Monetary Union have converged at faster rate than those of NON EMU countries. This outcome can be interpreted as a combination of the convergence of inflation rates and the convergence of...
Persistent link: https://www.econbiz.de/10011373515
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Monetary union with a single currency and imperfect credit market integration
Bignon, Vincent; Breton, Régis; Rojas Breu, Mariana - 2015
This paper shows that currency arrangements impact on credit available through default incentives. To this end we build a symmetric two-country model with money and imperfect credit market integration. With the Euro Area context in mind, we capture differences in credit market integration by...
Persistent link: https://www.econbiz.de/10011374047
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Structural change and trade integration on EU-NIS borders
Havlik, Peter - 2007
Persistent link: https://www.econbiz.de/10003819747
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The EU-Ukraine trade liberalization : how much do the costs of tariff elimination matter?
Frey, Miriam; Olekseyuk, Zoryana - 2013
The establishment of the currently negotiated Free Trade Agreement (FTA) between EU and Ukraine is the next significant … step towards Ukraine's deeper integration into the world economy, widely expected to result in additional welfare gains. As … the effects of the EU-Ukraine FTA taking into account the loss of tariff revenues as well as the changed economic …
Persistent link: https://www.econbiz.de/10011374322
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Structural change and trade integration on EU-NIS borders
Havlik, Peter - 2007
States (NIS), focusing on the new EU member states (NMS) and selected NIS (Russia, Ukraine, Belarus, Moldova and Kazakhstan …
Persistent link: https://www.econbiz.de/10011347060
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The EU-Ukraine trade liberalization : how much do the costs of tariff elimination matter?
Frey, Miriam; Olekseyuk, Zoryana - 2013
Persistent link: https://www.econbiz.de/10009785388
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Globalisation versus informality : evidence from developing countries
Pham, Thi Hong Hanh - 2011
Persistent link: https://www.econbiz.de/10009558639
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Globalisation versus informality : evidence from developing countries
Pham, Thi Hong Hanh - 2011
A number of theoretical studies have tended to trace the nature of globalization process' impacts (mostly characterised by trade opening) on informality, while relevant empirical literature has been not well developed. The paper aims to fill this knowledge gap by shedding further light on the...
Persistent link: https://www.econbiz.de/10011346442