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The Fear of Freedom : Politicians and the Independence and Accountability of Financial Sector Supervisors
Taylor, Michael - 2007
Compared with the case of central bank independence, independence for financial sector supervisors remains more controversial. This paper analyzes changes in independence and accountability arrangements in a set of 32 countries that overhauled their legal and/or institutional frameworks for...
Persistent link: https://www.econbiz.de/10014403026
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How did markets react to stress tests?
Candelon, Bertrand; Sy, Amadou N. R. - 2015
Persistent link: https://www.econbiz.de/10011281613
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Regional labor market adjustments in the United States and Europe
Dao, Mai; Furceri, Davide; Loungani, Prakash - 2014
Persistent link: https://www.econbiz.de/10010389588
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Tracking the economic impact of COVID-19 and mitigation policies in Europe and the United States
Chen, Sophia; Igan, Deniz; Pierri, Nicola; Presbitero, … - 2020
We use high-frequency indicators to analyze the economic impact of COVID-19 in Europe and the United States during the early phase of the pandemic. We document that European countries and U.S. states that experienced larger outbreaks also suffered larger economic losses. We also find that the...
Persistent link: https://www.econbiz.de/10012299321
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Fiscal Expectations Under the Stability and Growth Pact : Evidence From Survey Data
Poplawski-Ribeiro, Marcos - 2011
The paper uses survey data to analyze whether financial market expectations on government budget deficits changed in France, Germany, Italy, and the United Kingdom during the period of the Stability and Growth Pact (SGP). Our findings indicate that accuracy of financial expert deficit forecasts...
Persistent link: https://www.econbiz.de/10014412192
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Regional Labor Market Adjustments in the United States and Europe
Dao, Mai - 2014
We examine patterns of regional adjustments to shocks in the US during the past 40 years. Using state-level data, we estimate the dynamic response of regional employment, unemployment, participation rates and net migration to state-relative labor demand shocks. We find that (i) the long-run...
Persistent link: https://www.econbiz.de/10014411406
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How Did Markets React to Stress Tests?
Candelon, Bertrand - 2015
We use event study methods to compare the market reaction to U.S. and EU-wide stress tests performed from 2009 to 2013. Typically, stress tests have a positive impact on stressed banks’ returns. While the 2009 U.S. stress test had a large positive outcome, the impact of subsequent U.S....
Persistent link: https://www.econbiz.de/10014412023
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What can boost female labor force participation in Asia?
Kinoshita, Yuko; Guo, Fang - 2015
Both Japan and Korea are trying to boost female labor force participation (FLFP) as they face the challenges of a … towards non-regular employment despite women's high education levels. This paper empirically examines what helps Japan and … tend to reduce the proportion of regular female employment in Japan and Korea, (ii) the persistent gender wage gap …
Persistent link: https://www.econbiz.de/10011281943
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Export Pricing Behavior of Manufactuting : U.S.-Japan Comparison
International Monetary Fund - 1988
manufacturers is compared. Major export industries in Japan have higher productivity growth and lower pass-through coefficients than …
Persistent link: https://www.econbiz.de/10014395791
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Successful austerity in the United States, Europe and Japan
Batini, Nicoletta; Callegari, Giovanni; Melina, Giovanni - 2012
Persistent link: https://www.econbiz.de/10009620965