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at a similar level) of the persistence of monetary policy shock effects subsequent to the global financial crisis …
Persistent link: https://www.econbiz.de/10011005017
The transformation process in the Central and Eastern Europe economies after 1989 has generated considerable changes in the bank sector. In all emerging economies in the region, the foreign capital involvement took place first by the way of cross-border flows, and then by direct investments,...
Persistent link: https://www.econbiz.de/10005087846
The current paper develops an analysis on the degree of business cycle convergence of the new member states of the EU towards the Euro area core (Germany, France, Italy, Belgium, Netherlands and Luxembourg) during 1996 – 2010. Unlike the previous research, the study takes into consideration...
Persistent link: https://www.econbiz.de/10010641765
The objective of this paper is the empirical analysis of the relationship between financial development and economic growth in Central and Eastern Europe. Financial development is measured by broad money growth (annual%), domestic credit to private sector (% GDP), domestic credit to private...
Persistent link: https://www.econbiz.de/10010690285
levels determined by the recent international crisis. In order to assess these evolutions, we compute an aggregated index of …
Persistent link: https://www.econbiz.de/10010575627
The current financial and economic crisis has led to imbalances in the labour market, imbalances manifested worse in … highlighted in order to identify the factors responsible for the worsening of the crisis. …
Persistent link: https://www.econbiz.de/10010857168
crisis, which were repeated at short, medium and long term, which induces the idea of cyclicality. The effects of the crisis …
Persistent link: https://www.econbiz.de/10010857174
This present research attempts to highlight some causes that have led to the current crisis, the role and importance of … signals in anticipating events that characterize a situation of crisis, the need for interpreting these signals not only based … crisis should be identified properly, as well as opportunities, in order that the measures that are to be taken at …
Persistent link: https://www.econbiz.de/10010857225
The 2008 global crisis that hit in the heart of the system highlighted main deficiencies and vulnerabilities of the … Brazil. To explain the relation between crisis and reform, this paper identifies some variables and hypotheses. It also … the crisis and its vulnerabilities, admitting that the current system is not a perfect one. The paper concludes that it is …
Persistent link: https://www.econbiz.de/10011004825
This article aims to highlight the impact of the economic crisis in the economy at the microeconomic level. The crisis … that began in 2007 as a financial crisis, naturally grown into an economic one. Reduced availability of capital has reduced … the crisis by releasing detainee excessive working capital. At present there is uncertainty and companies are afraid of …
Persistent link: https://www.econbiz.de/10011004859