Showing 1 - 8 of 8
Persistent link: https://www.econbiz.de/10010480636
Due to the international dimension of the financial sector within the EU and beyond, domestically oriented macroprudential policies have the potential to create material cross-border spillover effects. This occasional paper provides a detailed overview of the academic and empirical literature on...
Persistent link: https://www.econbiz.de/10012254361
The euro area sovereign debt crisis has highlighted the importance of reducing public debt levels and building up … analysis (DSA) to act as a warning system for national policies. This paper introduces a comprehensive DSA framework for euro …
Persistent link: https://www.econbiz.de/10011634439
euro area and for supervising all euro area banks in order to ensure their safety and soundness, some directly and some …
Persistent link: https://www.econbiz.de/10012132851
the current unprecedented crisis on the euro area economy has given the debate new impetus. As a contribution to this …
Persistent link: https://www.econbiz.de/10012319164
first is the global financial crisis in 2008-09, and the second is the euro area sovereign debt crisis in 2010-12. Both … sequence of financial reforms has improved the sector's ability to deal with major macro-financial shocks at the EU/euro area …
Persistent link: https://www.econbiz.de/10013368565
and pensions across the euro area countries. It concludes that price indexation of public wages is relatively limited in … the euro area, while public pensions are overwhelmingly automatically indexed, either fully or partially, to prices and …
Persistent link: https://www.econbiz.de/10013334627
effects of high inflation on fiscal accounts in the euro area. Relying on the wealth of expertise in the Eurosystem - within … the Working Group on Public Finance - it documents spending indexation arrangements in all euro area countries. Thanks to …
Persistent link: https://www.econbiz.de/10014420379