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In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low. Taking panel data and using a fixed effects DFGLS estimation for a 12–country sample over the time period 1999 to 2011 with a total of 312 observations, this paper detects a...
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unprecedented low – especially in the larger euro area countries. The authors find that up to the start of the financial crisis in …
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response was also quite similar. The second stage of the crisis is unique to the euro area. Increasing financial disintegration …
Persistent link: https://www.econbiz.de/10013100508
In the aftermath of the financial crisis trust, in the European Central Bank (ECB) has reached an historical low. Taking panel data and using a fixed effects DFGLS estimation for a 12–country sample over the time period 1999 to 2011 with a total of 312 observations, this paper detects a...
Persistent link: https://www.econbiz.de/10013114710
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As EU leaders muddle through the Eurozone crisis, the debate about its root causes continues. CEPS Director Daniel Gros …
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