Showing 1 - 10 of 95
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10010331421
In the past decade, a set of euro area countries has accumulated large current account deficits. After a brief relaxation of the euro area internal imbalances in the wake of the financial crisis, it appears as if this pattern arises anew when times normalize again and Germany still sticks to...
Persistent link: https://www.econbiz.de/10010269989
In this paper we present an empirically stable euro area money demand model. Using a sample period until 2009:2 shows that the current financial and economic crisis that started in 2007 does not appear to have any noticeable impact on the stability of the euro area money demand function. We also...
Persistent link: https://www.econbiz.de/10010269994
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10010271100
In this paper we present an empirically stable euro area money demand model. Using a sample period until 2009:2 shows that the current financial and economic crisis that started in 2007 does not appear to have any noticeable impact on the stability of the euro area money demand function. We also...
Persistent link: https://www.econbiz.de/10010271383
Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...
Persistent link: https://www.econbiz.de/10010271783
Die Diskussion über die Wahrscheinlichkeit asymmetrischer Schocks in Europa hat trotz Gründung der Europäischen Wirtschafts- und Währungsunion an Aktualität nicht verloren. In diesem Beitrag wird daher die Frage gestellt, welche fiskalischen Anpassungsmechanismen geeignet sind, solche...
Persistent link: https://www.econbiz.de/10010377584
eurozone has grown quite polarised. In this Forum, several experts use analytical, evidence-based approaches to gauge the …
Persistent link: https://www.econbiz.de/10010471483
In response to the financial crisis, the ECB has had to adopt new instruments to support the euro area economy and preserve the integrity of the single currency. This has challenged the current framework of the Monetary Dialogue exercise. This paper briefly assesses the implications of enhanced...
Persistent link: https://www.econbiz.de/10011530750
Im November 2007 hat Prof. Dr. Wim Kösters sein 65. Lebensjahr vollendet. Dieses Ereignis ist Anlass, ihm die vorliegende Festschrift zu widmen. Wim Kösters wurde am 26. November 1942 in Greven / Kreis Steinfurt geboren. Er studierte von 1963 bis 1968 Volkswirtschaftslehre an der...
Persistent link: https://www.econbiz.de/10011598609