Showing 1 - 10 of 189
This paper reassesses, at the light of economic and financial theory, the well-documented recent evolution of the euro area public debt and equity markets.
Persistent link: https://www.econbiz.de/10005843481
countries during the 1990s. We then investigate the relationship between the level of a country's trade concentration and its … of trade diversification. We find that, indeed, countries with an undiversified trade structure tend to have less … segmented financial markets. Finally, our results also suggest that countries less open to trade are more segmented. …
Persistent link: https://www.econbiz.de/10005858763
derives a number of predictions regarding the interactions between trade bar-riers, contracting costs, technology intensity … contracting institutionsis not feasible an equivalent solution is to increase openness to international trade. This …
Persistent link: https://www.econbiz.de/10009302539
This paper analyses trade specialisation dynamics in two Eastern European countries(Romania and Bulgaria – EEC-2) vis …
Persistent link: https://www.econbiz.de/10009360508
participation in China. The focus has been on the extent to which community involvement in rule-making and decision-making processes …
Persistent link: https://www.econbiz.de/10009305135
In this paper, the capital market relations between the Euro area and the USA are subject to investigation. Formally based on the uncovered interest rate parity (UIP), first a longrun equilibrium between Euro and US government bond yields is established in backward recursively estimated vector...
Persistent link: https://www.econbiz.de/10005861279
Im vergangenen Jahrzehnt gingen beträchtliche Kapitalströme aus den entwickeltenVolkswirtschaften mit einem starken Kreditwachstum in den Ländern des westlichen Balkans,der Türkei und den GUS einher. Dennoch konnten fast alle Länder der Region – ungeachtetihrer unterschiedlichen...
Persistent link: https://www.econbiz.de/10005865554
In this paper Friedman (1953) and Mundell's (1968) position favouring flexible over alternative exchange rate regimes is reassessed in the context of international financial market integration...
Persistent link: https://www.econbiz.de/10005866161
The globalization of banking in the United States is influencing the monetarytransmission mechanism both domestically and in foreign markets. Using quarterlyinformation from all U.S. banks filing call reports between 1980 and 2005, we findevidence for the lending channel for monetary policy in...
Persistent link: https://www.econbiz.de/10005866167
How does international financial integration a
Persistent link: https://www.econbiz.de/10005866185