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Timm Gudehus begründet in diesem essential die Notwendigkeit einer neuen Geldordnung und beschreibt ihre Vorteile und Chancen. Die Ausführungen sollen dazu anregen, die vorliegenden Vorschläge für eine neue Geldordnung kritisch zu prüfen, bessere Lösungen zu entwickeln, die...
Persistent link: https://www.econbiz.de/10014019663
This contribution applies the cointegrated vector autoregressive (CVAR) model to analyze the long-run behavior and short-run dynamics of stock markets across five developed and three emerging economies. The main objective is to check whether liquidity conditions play an important role in stock...
Persistent link: https://www.econbiz.de/10014015328
DIE METHODISCHE GRUNDLEGUNG -- AUSGANGSBASIS: DIE BESTEHENDE ZINSSTRUKTURKURVE -- DIE ÄLTEREN THEORIEN ZUR ZINSSTRUKTUR -- DIE GRUNDMODELLE DER ZINSSTRUKTUR -- DIE DETERMINISTISCHEN FAKTOREN ZUR ZINSSTRUKTUR -- DIE SUBSTITUTIVEN ARBITRAGEPROZESSE ZUR ZINSSTRUKTUR -- DIE STOCHASTISCHEN...
Persistent link: https://www.econbiz.de/10014425190
Holger Markmann studies covered bonds and their market behaviour upon the announcement and implementation of outright covered bond purchases by the eurosystem. After introducing the covered bond market, its reaction to the global financial crisis, and the functionality of unconventional monetary...
Persistent link: https://www.econbiz.de/10012396220
the creation of the Eurozone, fiscal policy has been at the heart of economic (but also political/media) discussions in … the EU. From the Stability and Growth Pact (1997) to the more recent Fiscal Treaty, EU and Eurozone, countries have been … subject to various fiscal rules. The importance of these rules, and of the subsequent procedures that every Eurozone country …
Persistent link: https://www.econbiz.de/10012397042
Introduction -- Part 1: The Structural Dimension -- 1. The Euro-zone Crisis: Between the Global Financial Crisis and …. Fouskas and Constantine Dimoulas -- 6. Assessing the Italian Experience in the Euro-zone; Leila Simona Talani -- 7. The Pros …
Persistent link: https://www.econbiz.de/10012397130
'Enrico Marelli and Marcello Signorelli provide an excellent analysis of the causes of the Eurozone crisis and of the … Economy, London School of Economics, UK 'After Brexit, the future of the European Union and the Eurozone are among the hottest … consequences of the economic decline in the Eurozone. It also proposes specific solutions to overcome the economic and financial …
Persistent link: https://www.econbiz.de/10012397230
dominating the Eurozone and the European Union, concerning both the monetary policy and the budgetary and fiscal policy. The …Part 1 - The Eurozone as a (non) Optimum Currency Area -- STIGLITZ, Joseph. The fundamental flaws in the Euro Zone … Costa. The Eurozone’s Private and Governmental Shock Absorbers: Current Setup and Future Prospects -- RODRIGUES, Nuno Cunha …
Persistent link: https://www.econbiz.de/10012397341
This book provides a fully revised and up-to-date analysis of the Economic and Monetary Union (EMU). With four entirely new chapters on responses to the financial crisis and the debate on reform options, Tomann assesses the EMU in comparison with other currency regimes through the adoption of a...
Persistent link: https://www.econbiz.de/10012397441
This book examines the Eurozone crisis in light of theoretical and empirical evidence. The first half explores specific … half presents results of counterfactual simulations using the Oxford Econometric model and estimates what the Eurozone has … Treaties and Theoretically Wrong -- 2. Government Expenditure, Inflation and Growth: The Base Model -- 3. sp;6. the="" there …
Persistent link: https://www.econbiz.de/10012397533