Similar Search Results

Regional bank efficiency and its effect on regional growth in “normal” and “bad” times

Belke, Ansgar; Haskamp, Ulrich; Setzer, Ralph - 2015

this purpose, we measure the intermediation quality of a bank by estimating its profit and cost efficiency while taking the …

Persistent link: https://www.econbiz.de/10011381424

Exchange rate bands of inaction and play-hysteresis in Greek exports to the euro area, the US and Turkey : sectoral evidence

Belke, Ansgar; Kronen, Dominik - 2015

exports is estimated based on the period from 1995Q1 to 2014Q4. Looking at some of the main export partners of Greece, the … for a part of the Greek exports. We find that Greek export activity is characterized by “bands of inaction” with respect … exports. To check for robustness we (a) estimate Greek export equations for a limited sample excluding the recent financial …

Persistent link: https://www.econbiz.de/10011408349

Energy consumption and economic growth : new insights into the cointegration relationship

Belke, Ansgar; Dreger, Christian; Haan, Frauke de - 2010

This paper examines the long-run relationship between energy consumption and real GDP, including energy prices, for 25 OECD countries from 1981 to 2007. The distinction between common factors and idiosyncratic components using principal component analysis allows to distinguish between...

Persistent link: https://www.econbiz.de/10003975447

Exchange rate bands of inaction and hysteresis in EU exports to the global economy : the role of uncertainty

Belke, Ansgar; Kronen, Dominik - 2017

exchange rate uncertainty in exports to some of the most important global export destinations (United States, Japan, Brazil …, Russia, and China). For this purpose, we apply a non-linear model, where suddenly strong spurts of exports occur when changes … exchange rates on exports is estimated based on the period from 1995M1 to 2015M12. Looking at some of the main export …

Persistent link: https://www.econbiz.de/10011662634

Trade and capital flows - substitutes or complements? : an empirical investigation

Belke, Ansgar; Domnick, Clemens - 2018

This paper examines the linkages between the trade of goods and financial assets. Do both flows behave as complements (implying a positive correlation) or as substitutes (negative correlation)? Although a classic topic in international macroeconomics, the empirical evidence has remained...

Persistent link: https://www.econbiz.de/10011918981

Fiscal stimulus packages and uncertainty in times of crisis : the option of waiting can be valuable, though!

Belke, Ansgar (contributor) - 2009

Policymakers in the EU member states are currently shaping rescue packages to prevent the financial crisis hitting their economies with unmitigated force. Each government is responding to the emerging problems with a country-specific set of measures. Given the global nature of the crisis, would...

Persistent link: https://www.econbiz.de/10003811803

The importance of global shocks for national policy makers : rising challenges for central banks

Belke, Ansgar; Rees, Andreas - 2009

We analyze the importance of global shocks for the global economy and national policy makers. More specifically, we investigate whether monetary policy has become less effective in the wake of financial globalization. We also examine whether there is increasing uncertainty for central banks due...

Persistent link: https://www.econbiz.de/10003884937

(How) do the ECB and the Fed react to financial market uncertainty? : the Taylor rule in times of crisis

Belke, Ansgar; Klose, Jens - 2010

We assess differences that emerge in Taylor rule estimations for the Fed and the ECB before and after the start of the subprime crisis. For this purpose, we apply an explicit estimate of the equilibrium real interest rate and of potential output in order to account for variations within these...

Persistent link: https://www.econbiz.de/10003931391

Current account balances and structural adjustment in the euro area

Zemanek, Holger; Belke, Ansgar; Schnabl, Gunther - 2010

when times normalize again and Germany still sticks to export-led growth. This issue has been labelled one of the most …

Persistent link: https://www.econbiz.de/10003950870

Enlarging the EMU to the East : what effects on trade?

Belke, Ansgar (contributor); Spies, Julia (contributor) - 2007

Persistent link: https://www.econbiz.de/10003525329