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Impact of a low interest rate environment: Global liquidity spillovers and the search-for-yield
Belke, Ansgar - 2013
On 10 January 2013 the ECB Governing Council decided 'to keep the key ECB interest rates unchanged' based on an assessment of a 'contained' inflationary pressure and a weak economic activity, a contraction of real GDP in second and third quarter of 2012. Similar decisions have been taken by...
Persistent link: https://www.econbiz.de/10010369511
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Regional bank efficiency and its effect on regional growth in 'normal' and 'bad' times
Belke, Ansgar; Haskamp, Ulrich; Setzer, Ralph - 2015
The financial crisis affected regions in Europe in a different magnitude. This is why we examine whether regions which …
Persistent link: https://www.econbiz.de/10011622963
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International effects of euro area versus US policy uncertainty: A FAVAR approach
Belke, Ansgar; Osowski, Thomas - 2017
prices, equity prices and interest rates. Uncertainty shocks cause deeper recessions in Continental Europe (except Germany …) than in Anglo-Saxon countries. This pattern is compatible with the view that continental Europe still suffers from …
Persistent link: https://www.econbiz.de/10011936297