Showing 1 - 6 of 6
This study examines the nature of interdependence, and return and volatility spillovers, for three Indian exchange rates: US dollar (USD), Euro and British Pound. We use the spillover index methodology of Diebold and Yilmaz (2009) to analyse precisely and independently the returns and volatility...
Persistent link: https://www.econbiz.de/10009352440
industrial firms, which have to survive in the environment of Eurozone and the market of 300 million consumers. Results show that …
Persistent link: https://www.econbiz.de/10010669668
EMU's design is seriously flawed. Monetary union was established without political union, creating a single eurozone …. Its exceptionally independent central bank, the ECB, sets monetary policy for the eurozone economy as a whole, but it has … no institutions for setting a eurozone-wide fiscal policy, and hence no democratically accountable structure for setting …
Persistent link: https://www.econbiz.de/10010669620
, Eurozone societies. A review of EMU's origins and first years of EMU would thus be remiss without national case studies. France …
Persistent link: https://www.econbiz.de/10010669632
This paper examines the role of bank lending channel of monetary policy in India during the global financial crisis, especially following the collapse of Lehman Brothers in late 2008. Contrary to popular perceptions, and in contrast to the USA, this paper shows that following the Reserve Bank of...
Persistent link: https://www.econbiz.de/10009352472
This paper seeks to review a selection of ten salient critical claims about Economic and Monetary Union (EMU) that were heard in the 1990s in either the Political Science literature or the Economics literature or both. In this paper, the author focuses on five salient Political Science claims...
Persistent link: https://www.econbiz.de/10010691755