Showing 1 - 10 of 128
This paper analyses and compares the roles which Belgium and Italy have played in the process of European monetary … of the Belgian and Italian EMU strategies and the concrete contributions made by Belgium and Italy. Overall, these two … to be skilful negotiators. The main difference is that Belgium has been a constant and consistent "pace-setter" in …
Persistent link: https://www.econbiz.de/10011506562
European countries: Belgium and Italy. We focus on the post-World War II period, taking as the main message of Keynesian …. The study shows that Belgium and Italy were two countries were Keynesian economics gained ground only relatively late. The … countries was the strong position of fundamentalist Keynesianism in the academic world in Italy, while in Belgium …
Persistent link: https://www.econbiz.de/10011506634
Alexandre Lamfalussy has been highly influential in the process of European monetary and financial unification. In this paper we will analyse the work of the "Young Lamfalussy" (from the mid 1950s to the mid 1960s). Lamfalussy started his career as an academic, focusing on growth theory and...
Persistent link: https://www.econbiz.de/10011506683
We provide an analysis of the 2008-2009 trade collapse using microdata from a small open economy, Belgium. First, we …
Persistent link: https://www.econbiz.de/10011506715
Robust (cross-border) interbank markets are important for the well functioning of modern financial systems. Yet, a network of interbank exposures may lead to domino effects following the event of an initial bank failure. The structure of the interbank market is a potential important driving...
Persistent link: https://www.econbiz.de/10011506565
This paper looks at the interplay of volatility and liquidity on the Euronext trading platform during the December 2, 2002 to April 30, 2003 time period. Using transaction and order book data for some large- and mid-cap Brussels-traded stocks on Euronext, we study the ex-ante liquidity vs...
Persistent link: https://www.econbiz.de/10011506571
had access to credit in Belgium over the period 2001-2011 and the firms that created each association, observing the …
Persistent link: https://www.econbiz.de/10011786070
This article takes advantage of access to confidential matched bank-firm data relative to the Belgian economy to investigate whether and how employment decisions of small- and medium-sized enterprises (SMEs) have been affected by credit constraints in the wake of the Great Recession. Variability...
Persistent link: https://www.econbiz.de/10011786085
Belgium, using data from four waves of the Eurosystem Household Finance and Consumption Survey (HFCS). Our results are …
Persistent link: https://www.econbiz.de/10014305319