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We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends …, non-euro countries participating in the banking union will not be on equal footing with euro area members. Analysis …-capitalized backstops is established it may be optimal for a non-euro country to join the banking union upon the euro adoption. Assessing …
Persistent link: https://www.econbiz.de/10011446695
We analyze the benefits and costs of a non-euro country opting-in to the banking union. The decision to opt-in depends …, non-euro countries participating in the banking union will not be on equal footing with euro area members. Analysis …-capitalized backstops is established it may be optimal for a non-euro country to join the banking union upon the euro adoption. Assessing …
Persistent link: https://www.econbiz.de/10011575977
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We analyze the ECB Governing Council’s voting procedures. The literature has by now discussed numerous aspects of the rotation model but does not account for many institutional aspects of the voting procedure of the GC. Using the randomization scheme based on the multilinear extension (MLE) of...
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gegenwärtig stark verändernden Geldpolitik. Die Diskussion wird geführt im Hinblick auf die Verwendung eines Zinsausblicks … („Forward Guidance“) durch die Europäische Zentralbank (EZB) im Rahmen ihrer Transparenzoffensive, die Modellwahl und … Geldpolitik der EZB. …
Persistent link: https://www.econbiz.de/10010259542
. Tatsächlich wird die Geldpolitik der EZB durch die neuen Kommunikationsinstrumente berechenbarer und kann entsprechend leichter … with too much guidance become a source of volatility? The ECB will adopt banking surveillance in the euro area: do …
Persistent link: https://www.econbiz.de/10010370748