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Forecasting ECB Monetary Policy : Accuracy is (Still) a Matter of Geography

Ehrmann, Michael - 2006

Monetary policy in the euro area is conducted within a multicountry, multicultural, and multilingual context involving multiple central banking traditions. How does this heterogeneity affect the ability of economic agents to understand and to anticipate monetary policy by the European Central...

Persistent link: https://www.econbiz.de/10014399987

Back to the future : fiscal rules for regaining sustainability in Belize

Cevik, Serhan - 2019

This paper assesses the cyclicality and sustainability of fiscal policy in Belize and applies a stochastic simulation model to determine the optimal set of fiscal rules. The empirical analysis shows that fiscal policy in Belize has been significantly procyclical and unsustainable much of the...

Persistent link: https://www.econbiz.de/10012154706

Recent developments in European bank competition

Sun, Yu - 2011

Persistent link: https://www.econbiz.de/10009424798

Recent Developments in European Bank Competition

Sun, Yu - 2011

This paper investigates the degree of bank competition in the euro area, the U.S. and U.K. before and after the recent … financial crisis, and revisits the issue whether the introduction of EMU and the euro have had any impact on bank competition …. The results suggest that the level of bank competition converged across euro area countries in the wake of the EMU. The …

Persistent link: https://www.econbiz.de/10014399229

European Productivity, Innovation and Competitiveness : The Case of Italy

Tiffin, Andrew - 2014

In Italy, price-based competitiveness measures are not always an accurate predictor of trade outcomes. This paper offers a more comprehensive assessment of Italian competitiveness, focusing on the role of innovation and the evolution of Italy’s export market share. Overall, Italy maintains a...

Persistent link: https://www.econbiz.de/10014411220

Sustainable Real Exchange Rates in the New Eu Member States : What Did the Great Recession Change?

Smídková, Katerina - 2010

The Great Recession affected export and import patterns in our sample countries, and these changes, coupled with a more volatile external environment, have profound impact on our estimates of real exchange rate misalignments and projections of sustainable real exchange rates. We find that real...

Persistent link: https://www.econbiz.de/10014398417

Measuring energy security : trends in the diversification of oil and natural gas supplies

Cohen, Gail; Joutz, Frederick L.; Loungani, Prakash - 2011

Persistent link: https://www.econbiz.de/10009487112

Energy Efficiency and Renewable Energy Supply for the G-7 Countries, with Emphasison Germany

Strand, Jon - 2007

This paper discusses structure, impact, costs, and efficiency of renewable energy supply in the eight largest advanced economies (the G-7 plus Spain), with focus on Germany. Renewables production costs are compared to benefits, defined as reductions in net carbon emissions; technological...

Persistent link: https://www.econbiz.de/10014400883

Measuring Energy Security : Trends in the Diversification of Oil and Natural Gas Supplies

Loungani, Prakash - 2011

We present evidence on one facet of energy security in OECD economies - the extent of diversification in sources of oil and natural gas supplies. Viewed from the perspective of the energy-importing countries as a whole, there has not been much change in diversification in oil supplies over the...

Persistent link: https://www.econbiz.de/10014402730

Issues in Global Natural Gas : A Primer and Analysis

Okogu, Bright Erakpoweri - 2002

This paper discusses the rising profile of natural gas in global energy, factors constraining its further development, the gas contracting process, and the absence of a global market, which is analyzed in the context of the economic rent in the gas price and the opaque nature of gas contracts. A...

Persistent link: https://www.econbiz.de/10014401810

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