Showing 1 - 10 of 1,083
development since the euro introduction. We structured our paper on chapters that present its economic importance, the … growth since the introduction of the euro can be explained by developments in economic activity, the costs of issuance and … securities issued by non-monetary financial corporations. However, the use of corporate bonds at the euro area level is not …
Persistent link: https://www.econbiz.de/10008765633
One of the fundamental principles of the bank activity is prudence. This principle manifest on one hand in substance of the reglementations regarding bank activity at national, european and international level and, on the other hand, in operational activity of each bank institution and, implicit...
Persistent link: https://www.econbiz.de/10005836111
We examine the effects of bidding experience on two groups of investors – individuals and institutions – in terms of their decisions to bid again and their bidding returns. Bidding histories are tracked for all 31,376 individual investors and 1,232 institutional investors across all 84 IPO...
Persistent link: https://www.econbiz.de/10005034357
The paper evaluates the present and future international currency status of the US dollar, the euro and the yen. In … integration of European financial markets emphasizing the enormous structural changes that came about since the euro has been …
Persistent link: https://www.econbiz.de/10013136590
In common with the other periphery countries that joined the euro-zone in 1998-2000, Spain enjoyed ten years of … economic prosperity, essentially debt-financed. The financial crisis of 2008 has revealed deep structural problems in the euro … periphery countries. But the Spanish problems with de-leveraging suggest further difficulties for the euro-zone as it attempts …
Persistent link: https://www.econbiz.de/10009651401
The economic integration among Euro members has important consequences for the factors driving asset pricing and asset … trading within the financial markets. In particular, since the start of the Euro, cross-country equity index correlations in …. This paper studies the impact of these recent structural changes on the Euro-wide sectoral equity indices. We modeled the …
Persistent link: https://www.econbiz.de/10005103402
The process of European integration and especially the introduction of the euro as the single currency for up to now 12 … member countries of the EU in 1999 may alter the existing clear currency hierarchy. The euro area is comparable in size to …
Persistent link: https://www.econbiz.de/10005616646
The trading between currencies in Islam when both parties’ responsibilities are postponed to the future has been regarded as non-halal or un-islamic. Since there are many controversies in the area of currency, there have been suggestions to enhance investments in gold to avoid the element of...
Persistent link: https://www.econbiz.de/10011185385
different movements of paired currencies (US index-US Gold, US Gold-Euro Gold, US Gold-Ringgit Gold, and Euro Gold-Pound Gold …
Persistent link: https://www.econbiz.de/10011185386
The article argues that neither the EU member states, nor the EU candidate states give enough attention to the requirement of maintaining a high economic performance of their economies by convergence and competitiveness strategies, so that they could have "the capacity to cope with competitive...
Persistent link: https://www.econbiz.de/10011108218