Showing 1 - 10 of 20
Two seemingly unconnected empirical results suggest an intriguing mechanism. First, economic integration helps harmonize prices internationally, with trade being the primary channel (Rogoff 1996, Goldberg and Knetter 1997). Second, monetary union may greatly increase the amount of trade among...
Persistent link: https://www.econbiz.de/10009635969
This study empirically examines the development of the high-yield segment of the corporate bond market in the United States, as a pioneer country, and the United Kingdom and the euro area, as later adopting countries. Estimated diffusion models show for the United States a significant pioneer...
Persistent link: https://www.econbiz.de/10009636536
This paper uses data on German government bond futures options to examine the behaviour of market expectations around monetary policy actions of the European Central Bank (ECB). In particular, this paper focuses on the asymmetries in bond market expectations, as measured by the skewness of...
Persistent link: https://www.econbiz.de/10009636538
In this paper we propose a relatively simple procedure to predict Euro-zone industrial production using mostly data derived from the business surveys of the three major economies within the European Monetary Union (France, Germany, and Italy). The basic idea is that of estimating business...
Persistent link: https://www.econbiz.de/10011291665
the incidence and magnitude of detriment at EU and national level, taking into account both pre- and post … loans, credit and credit cards) and four countries (France, Italy, Poland and the UK). Results were extrapolated to the EU28 … and monetised time loss of between EUR 10.7 billion and EUR 25.0 billion over the last 12 months in the EU28. …
Persistent link: https://www.econbiz.de/10011998851
The purpose of the evaluation is to provide a comprehensive and independent assessment of the European Union (EU …, including within the context of joint programming between the EU, France, Germany and Spain. The scope of the study covers all … the cooperation strategies and agreements between the EU and Ivory Coast, and the actions related to their implementation …
Persistent link: https://www.econbiz.de/10012036340
This report reviews relevant knowledge and identifies issues for consideration in implementing the European Environment Agencyu0092s new mission to facilitate the dissemination of policy-relevant environmental scientific research. It begins by examining and analysing literature relating to...
Persistent link: https://www.econbiz.de/10009635927
Persistent link: https://www.econbiz.de/10009640713
Persistent link: https://www.econbiz.de/10009640733
Persistent link: https://www.econbiz.de/10011624826