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Central bank communication : managing expectations through the monetary dialogue

Belke, Ansgar - 2017

Successfully managing a course back to normality ("exit") will depend crucially on the central banks' ability to communicate effectively a credible strategy for an orderly exit from such kind of policies. In this context, clear, deliberate, coordinated messages that are anchored in the central...

Persistent link: https://www.econbiz.de/10011644116

The economic impact of Brexit : evidence from modelling free trade agreements

Belke, Ansgar; Gros, Daniel - 2017

between the UK and the EU27 is large and of a similar order of magnitude as transatlantic trade (between the EU and the US …). The precise nature of the (hopefully free) trade agreement UK-EU-27 is still being negotiated. But all available studies … concur that a significant disruption of trade links will impose economic costs on both sides. However, the EU27 would bear …

Persistent link: https://www.econbiz.de/10011662701

On the shock-absorbing properties of a banking union : Europe compared with the United States

Belke, Ansgar; Gros, Daniel - In: Comparative economic studies 58 (2016) 3, pp. 359-386

Persistent link: https://www.econbiz.de/10011665381

State-of-play in implementing macroeconomic adjustment programmes in the euro area

Gros, Daniel; Alcidi, Cinzia; Belke, Ansgar; Coutinho, … - 2014

reforms have not yet taken hold. The EU-led macroeconomic adjustment programmes outside the euro area (e.g. Latvia) seem to …

Persistent link: https://www.econbiz.de/10010429261

Sacrifice ratios for euro area countries : new evidence on the costs of price stability

Belke, Ansgar; Böing, Tobias - 2014

The purpose of this article is to deliver new estimates of the sacrifice ratio of Euro area countries. A high sacrifice ratio means a large loss of gross domestic product (GDP) or employment for a given reduction in inflation. In order to estimate the cost of adjustments in inflation rates by...

Persistent link: https://www.econbiz.de/10010429752

Exports and capacity constraints : evidence for several euro area countries

Belke, Ansgar; Oeking, Anne; Setzer, Ralph - 2015

We argue that, under certain conditions, firms consider exports as a substitute for domestic demand. Our econometric model for six euro area countries suggests domestic demand and capacity constraints as additional variables for export equations. We apply the exponential and logistic variant of...

Persistent link: https://www.econbiz.de/10011300368