Similar Search Results

Carletti, Elena; Hartmann, Philipp; Spagnolo, Giancarlo - 2003

We model the impact of bank mergers on loan competition, banks' reserve holdings and aggregate liquidity. Banks compete … in liquidity risk and expected liquidity needs for each bank and for the banking system. Large mergers tend to increase … expected aggregate liquidity needs, and thus the liquidity provision by the central bank. Comparative statics suggest that a …

Persistent link: https://www.econbiz.de/10009635892

Study on Civil Security R&D in major third countries (SER3CO) : Final Report, within the Framework Contract of Security Studies – ENTR/09/050

Ecorys - 2013

Policy attention to the security industry increased substantially after the terrorist attacks in the U.S. on September 11th, 2001. With an increased demand for security, the global security market grew a tenfold to around €100 billion in 2011. Many studies expect that growth of the worldwide...

Persistent link: https://www.econbiz.de/10011799456

International risk-sharing and the transmission of productivity shocks

Corsetti, Giancarlo; Dedola, Luca; Leduc, Sylvain - 2004

A central puzzle in international finance is that real exchange rates are volatile and, in stark contradiction to effcient risk-sharing, negatively correlated with cross-country consumption ratios. This paper shows that incomplete asset markets and a low price elasticity of tradables can account...

Persistent link: https://www.econbiz.de/10009636531

Bond market inflation expectations and longer-term trends in broad monetary growth and inflation in industrial countries, 1880 - 2001

Dewald, William G. - 2003

Research, Federal Reserve Bank of St. Louis. Annual data for thirteen countries revealed three long up trends and down trends … which should not be ignored in central bank decision making. …

Persistent link: https://www.econbiz.de/10009635923

The real effects of money growth in dynamic general equilibrium

Graham, Liam; Snower, Dennis J. - 2004

We analyse the effects of money growth within a standard New Keynesian framework and show that the interaction between staggered nominal contracts and money growth leads to a long-run trade-off between output and money growth. We explore the microeconomic mechanisms that lead to this trade-off,...

Persistent link: https://www.econbiz.de/10009639472

Real exchange rate in an inter-temporal n-country-model with incomplete markets

Mercereau, Benoît - 2003

We develop an N-country model with stock markets in which closed-form solutions for the real exchange rate is derived. Our model allows for a given number of risky-assets, which form an incomplete market. Risky asset prices and allocations of risky assets among countries are determined...

Persistent link: https://www.econbiz.de/10009639862

Current account determinants and external sustainability in periods of structural change

Brissimis, Sophocles N.; Hondroyiannis, George; … - 2010

The aim of this paper is to study the main macroeconomic, financial and structural factors that shaped current account developments in Greece over the period from 1960 to 2007 and discuss these developments in relation to the issue of external sustainability. Concerns over Greece’s external...

Persistent link: https://www.econbiz.de/10009640297

European competitiveness report 2003

Europäische Kommission - 2003

Persistent link: https://www.econbiz.de/10009637723

Regulation in the UK: is it getting too heavy?

Sheehy, John - 2006

Some regulation is needed to enhance growth and economic welfare, but too much undermines productivity. Generally, the …

Persistent link: https://www.econbiz.de/10009668590

Second consumer market study on the functioning of the retail electricity markets for consumers in the EU : Final report

Ipsos - London Economics - Deloitte consortium - 2016

This study on the functioning of retail electricity markets for consumers in the EU is the follow up to the first market study conducted in 2009/2010, and published by the European Commission in 2010. The objectives of the current study are to investigate if a well-functioning electricity market...

Persistent link: https://www.econbiz.de/10011998852

1
2
3
4
5
6
7
8
9
10
Next
Last