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Investigating aggregation bias in the case of the interest rate pass-through
Bogoev, Jane; Sergi, Bruno S. - In: Intereconomics : review of European economic policy 47 (2012) 6, pp. 361-367
This analysis examines aggregation bias in the case of the interest rate pass-through in the Republic of Macedonia. By using bank-level data, the authors investigate whether there are heterogeneities and asymmetries in the size and speed of the adjustment of lending rates to changes in the cost...
Persistent link: https://www.econbiz.de/10009682385
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Why Europe will suffer more
Gros, Daniel; Alcidi, Cinzia - In: Intereconomics : review of European economic policy 44 (2009) 4, pp. 255-260
Persistent link: https://www.econbiz.de/10003866025
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Why Europe will suffer more
Gros, Daniel; Alcidi, Cinzia - In: Intereconomics : review of European economic policy 44 (2009) 4, pp. 255-260
-Saxon" model. The data suggest otherwise. Moreover, the corporate sector in Europe has a much lower capacity to finance investment … from internal sources of funds, which implies that a recovery of investment in Europe will be much more difficult than in … be much larger in Europe than in the USA. …
Persistent link: https://www.econbiz.de/10009626626
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Turkey's development strategy in the light of the economic development of Europe
Gumpel, Werner - In: Intereconomics : review of European economic policy 15 (1980) 2, pp. 100-106
Turkey already by the EC association agreement of 1963. The world-political events pivoting on Afghanistan have greatly … improved the chances for Turkey’s admission to the EC—despite all the economic problems which Turkish membership involves for … the EC and for Turkey itself. Prof. Gumpel analyses these problems here. …
Persistent link: https://www.econbiz.de/10011553992
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Monetary policy and commodity price shocks
Tober, Silke; Zimmermann, Tobias - In: Intereconomics : review of European economic policy 44 (2009) 4, pp. 231-237
Persistent link: https://www.econbiz.de/10003866018
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Quantitative easing in the euro area : transmission channels and risks
Gern, Klaus-Jürgen; Jannsen, Nils; Kooths, Stefan; … - In: Intereconomics : review of European economic policy 50 (2015) 4, pp. 206-212
The ECB’s recently launched Expanded Asset Purchasing Programme is similar to the quantitative easing programmes undertaken by the US Federal Reserve, the Bank of England and the Bank of Japan. While theory suggests that quantitative easing can stimulate economic growth and spur inflation via...
Persistent link: https://www.econbiz.de/10011311140
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Quantitative easing in the Eurozone : a one-year assessment
Lerven, Frank van - In: Intereconomics : review of European economic policy 51 (2016) 4, pp. 237-242
By pumping trillions of euros into the eurozone’s financial system, the ECB's quantitative easing programme intends to indirectly alter the private sector’s borrowing and spending behaviour. After more than a year since its initial inception, a review of the programme's impact reveals that...
Persistent link: https://www.econbiz.de/10011531934
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Regional development banking
Mswaka, T. E. - In: Intereconomics : review of European economic policy 8 (1973) 3, pp. 88-90
Although regional development banking is a recent institution in the field of international cooperation, the author asks the question whether in the light of current and possible events in the 1970s its fundamental policies are appropriate to those developments in particular, and to economic...
Persistent link: https://www.econbiz.de/10011557732
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Are structural reforms contractionary at the zero bound?
Vogel, Lukas - In: Intereconomics : review of European economic policy 49 (2014) 6, pp. 305-311
Persistent link: https://www.econbiz.de/10010441999
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Economic and political implications of the new lending criteria
Hass, Bettina S. - In: Intereconomics : review of European economic policy 12 (1977) 9/10, pp. 268-274
The World Bank is a genuine investment agency. This fact seems to be self-evident, yet not fully realized by a larger public. At present, the World Bank (IBRD), together with its affiliate, the International Development Association (IDA), is also a multilateral development institution, the...
Persistent link: https://www.econbiz.de/10011556647