Showing 1 - 10 of 125
The initial introduction of the euro has, against many expectations, been accompanied by a decline in the value of the euro (notably vis-à-vis the dollar and sterling). It has also been introduced at a time of high levels of unemployment within most of the European Union (EU). This paper...
Persistent link: https://www.econbiz.de/10003205695
Persistent link: https://www.econbiz.de/10002009107
Introduction -- Origins of the Great Recession -- The theoretical framework that underpins the origins of the Great Recession -- Too much liquidity : the source of the trouble -- Anaemic recovery : the US housing market and the consumer -- Anaemic recovery : the vicious circle of consumption and...
Persistent link: https://www.econbiz.de/10010192990
It has been argued that the eurozone will face considerable economic difficulties. These will take a number of forms, two of which could qualify as "crises." First, the euro was launched at a time when unemployment levels were high (10 percent of the workforce) and disparities in the experience...
Persistent link: https://www.econbiz.de/10014133945
Distributional implications of capital account regulation is eminently context-specific. This paper examines the distributional effects of the openness of foreign direct investment (FDI) flows across 27 European countries over different economic environments around the Great Recession, covering...
Persistent link: https://www.econbiz.de/10013308419
The financial crisis and the ensued 'great recession' are primarily caused by the excessive liquidity that was created in the last thirty years or so of inequality that benefited greatly the financial sector, deregulation and financial liberalisation as well as financial innovation
Persistent link: https://www.econbiz.de/10012054337
Persistent link: https://www.econbiz.de/10003377857
Persistent link: https://www.econbiz.de/10003813716
Persistent link: https://www.econbiz.de/10010228474
Persistent link: https://www.econbiz.de/10003120720