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This Selected Issues paper assesses the youth unemployment problem in advanced European economies, especially the euro area. Youth unemployment rates increased sharply in the euro area after the crisis. Much of these increases can be explained by output dynamics and the greater sensitivity of...
Persistent link: https://www.econbiz.de/10012678337
EXECUTIVE SUMMARYEuroclear Bank is a securities settlement system that contributes to the safety and efficiency of global markets for government bonds and other international securities but also concentrates systemic risk. It is one of the largest securities settlement systems worldwide with a...
Persistent link: https://www.econbiz.de/10012677395
This Selected Issues paper highlights quantitative tightening (QT) by the European Central Bank (ECB). It uses evidence from the literature on the impact of central bank bond purchases and sales on bond yields, and the monetary policy stance, to outline a roadmap for reducing the Euro system's...
Persistent link: https://www.econbiz.de/10015059226
The 2023 Article IV Consultation discusses that the euro area economy has shown remarkable resilience in the aftermath of Russia's invasion of Ukraine and the largest terms of trade shock in several decades, thanks to a swift policy response and a strong rebound in contact-intensive services....
Persistent link: https://www.econbiz.de/10015059227
This paper on Republic of Croatia focuses on representative rate for the Euro. The Council of the European Union decided on July 12, 2022 that the Republic of Croatia had fulfilled the necessary conditions for adoption of the euro with effect from January 1, 2023, and that the conversion rate...
Persistent link: https://www.econbiz.de/10015059705
systemic liquidity. It reviewed five areas: (i) The overall NBFI system, its links to banks and the rest of the world; (ii …) Systemic liquidity. The NBFIs are defined as all non-deposit-taking corporations, listed in Figure 1, and with the following …
Persistent link: https://www.econbiz.de/10015060509
The challenges of Botswana's highly interconnected financial system requires an effective systemic liquidity management …
Persistent link: https://www.econbiz.de/10015058630
This Technical Note on Financial Safety Net and Crisis Management for the Canada examines systematic liquidity issues …. The review evaluated the Bank of Canada's (BOC's) operational framework and its ability to manage liquidity conditions in …. The paper highlights that the BOC's framework for market operations and liquidity provision in normal times is …
Persistent link: https://www.econbiz.de/10014407887
In recent years, the IMF has released a growing number of reports and other documents covering economic and financial developments and trends in member countries. Each report, prepared by a staff team after discussions with government officials, is published at the option of the member country
Persistent link: https://www.econbiz.de/10014409356
Mexican money markets are well-regulated and function efficiently, with significant mitigants to systemic liquidity … risks. This is supported by the dominance of the repo market in system-wide liquidity management, the marginal level of … interbank unsecured transactions, as well as commercial banks' full compliance with the Liquidity Coverage Ratio (LCR). However …
Persistent link: https://www.econbiz.de/10015059985