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TARGET balances and macroeconomic adjustment to sudden stops in the euro area

Fagan, Gabriel; McNelis, Paul D. - 2014

Persistent link: https://www.econbiz.de/10011280273

Was the Gold Standard really destabilizing?

Fagan, Gabriel; Lothian, James R.; McNelis, Paul D. - In: Journal of applied econometrics 28 (2013) 2, pp. 231-249

Persistent link: https://www.econbiz.de/10009733334

Sudden stops in the Euro Area : does monetary union matter?

Fagan, Gabriel; McNelis, Paul D. - In: Journal of international money and finance 108 (2020), pp. 1-18

Persistent link: https://www.econbiz.de/10012403849

TARGET Balances and Macroeconomic Adjustment to Sudden Stops in the Euro Area

Fagan, Gabriel; McNelis, Paul - Institute for International Integration Studies (IIIS), … - 2014

This paper examines how membership of a monetary union affects macroeconomic adjustment of Euro Area countries to sudden stops.We focus on a key difference between a standard peg and a monetary union: the availability of external financing from the common centralbank via the TARGET system. For...

Persistent link: https://www.econbiz.de/10011115733

WAS THE GOLD STANDARD REALLY DESTABILIZING?

Fagan, Gabriel; Lothian, James R.; Mcnelis, Paul D. - In: Journal of applied econometrics 28 (2013) 2, pp. 231-249

Persistent link: https://www.econbiz.de/10010083577

WAS THE GOLD STANDARD REALLY DESTABILIZING?

Fagan, Gabriel; Lothian, James R.; Mcnelis, Paul D. - In: Journal of Applied Econometrics 28 (2013) 2, pp. 231-249

Persistent link: https://www.econbiz.de/10010826784