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Poverty convergence clubs
Marrero, Gustavo A.; Marrero, Ángel S.; Servén, Luis - 2022
Persistent link: https://www.econbiz.de/10013367318
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Portfolio management under asymmetric dependence and distribution
Hlawatsch, Stefan; Reichling, Peter - 2010
Persistent link: https://www.econbiz.de/10008902551
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Modelling Ireland's exchange rates : from EMS to EMU
Bond, Derek (contributor); Harrison, Michael J. (contributor) - 2007
This paper attempts to model the nominal and real exchange rate for Ireland, relative to Germany and the UK from 1975 to 2003. It offers an overview of the theory of purchasing power parity (Ppp), focusing particularly on likely sources of nonlinearity. Potential difficulties in placing the...
Persistent link: https://www.econbiz.de/10003616696
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Sovereign default and the euro
Whelan, Karl - 2013
The introduction of the euro meant that countries with sovereign debt problems could not use monetisation and devaluation as a way to prevent default. The institutional structures of the euro were also widely thought to prevent a country in difficulties being bailed out by other euro members or...
Persistent link: https://www.econbiz.de/10009774847
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The future for Eurozone financial stability policy
Whelan, Karl - 2010
if Europe is to deal effectively with the serious debt problems of some Eurozone countries. However, this fund should …
Persistent link: https://www.econbiz.de/10009729283
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Ireland's sovereign debt crisis
Whelan, Karl - 2011
Persistent link: https://www.econbiz.de/10009730371
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Improving the Eurosystem for old and new members
McCarthy, Colm - 2012
Persistent link: https://www.econbiz.de/10009733135
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Ireland's European crisis : staying solvent in the Eurozone
McCarthy, Colm - 2012
A popular narrative amongst European policymakers is that Eurozone members facing problems in the bond market are … macroprudential measure in place at Eurozone level, and Irish adherence reflected public finances flattered by a credit …. Closer fiscal union may prove necessary if the Eurozone is to survive. To avoid future sovereign debt crises, there is also a …
Persistent link: https://www.econbiz.de/10009733137
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TARGET2 and central bank balance sheets
Whelan, Karl - 2013 - Revised Draft: March 17, 2013
The euro area's TARGET2 payments system has featured heavily in academic and popular discussions of the euro crisis. Some of this commentary has described the system as being responsible for a "secret bailout" of Europe's periphery. Another common theme has been that the system has built up...
Persistent link: https://www.econbiz.de/10009733408
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In search of the Euro area fiscal stance
Albonico, Alice; Tirelli, Patrizio; Paccagnini, Alessia - 2016
This paper investigates the role of fiscal policies over the aggregate EMU business cycle. Previous studies, based on the assumption of non-separability between public and private consumption, obtain a large public consumption multiplier, a small fraction of non-Ricardian households and,...
Persistent link: https://www.econbiz.de/10011529025