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Iara, Anna; Wolff, Guntram B. - In: European journal of political economy 34 (2014), pp. 222-236

Persistent link: https://www.econbiz.de/10010486577

Mere criticism of the ECB is no solution

Fratzscher, Marcel; Gropp, Reint; Kotz, Hans-Helmut; … - 2015

The eurozone remains in a deep, largely macro-economic crisis. A robust global economy and falling oil prices have … supported Europeś economy for some time, but by now it is clear that the eurozone will only be able to pull itself out of this …

Persistent link: https://www.econbiz.de/10011449399

Banking and sovereign risk in the euro area

Gerlach, Stefan; Schulz, Alexander; Wolff, Guntram B. - 2010

Persistent link: https://www.econbiz.de/10008906898

Banking and Sovereign Risk in the Euro Area

Gerlach, Stefan - 2016

We study the determinants of sovereign bond spreads in the euro area since the introduction of the euro. We show that an aggregate risk factor is a main driver of spreads. This factor also plays an important indirect role for risk spreads through its interaction with the size and structure of...

Persistent link: https://www.econbiz.de/10012991092

What do deficits tell us about debt? : empirical evidence on creative accounting with fiscal rules in the EU

Hagen, Jürgen von; Wolff, Guntram B. - 2006

Fiscal rules, such as the Excessive Deficit Procedure and the Stability and Growth Pact (SGP), aim at constraining government behavior. Milesi-Ferretti (2003) develops a model in which governments circumvent such rules by reverting to creative accounting. The amount of this depends on the...

Persistent link: https://www.econbiz.de/10010366529