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Is the Eurozone on the mend? : Latin American examples to analyze the euro question

Cavallo, Eduardo A.; Fernández Arias, Eduardo; Powell, … - 2014

Several European countries face challenges reminiscent of those faced by the emerging economies of Latin America. The economic booms in some peripheral Euro-zone countries financed by large capital inflows; the credit and asset price booms and then the busts including Sudden Stops in capital...

Persistent link: https://www.econbiz.de/10011286667

Quo Vadis, Euroland? European Monetary Union between Crisis and Reform

Hellwig, Martin - 2011

This lecture discusses the 2010 crisis of the European Monetary Union and draws some lessons for reform. Crisis resolution has been difficult because the sovereign debt crisis of countries like Greece and Portugal has come together with real-estate and banking crises in countries like Ireland...

Persistent link: https://www.econbiz.de/10013122769

Reflections on the development of regional financing arrangements : experience from Europe

Cheng, Gong - 2020

This paper sheds light on the development of European Regional Financing Arrangements (RFAs) and the role of these financial backstops in resolving the recent euro area crisis. It documents a significant dual shift in the design of regional firewalls in Europe, from bilateral to multilateral...

Persistent link: https://www.econbiz.de/10012210077

Quo vadis, euroland? European Monetary Union between crisis and reform

Hellwig, Martin - 2011

Persistent link: https://www.econbiz.de/10009153317

Brexit and the implications for financial services : edited by Patricia Jackson, introduced by Morten Balling, Ernest Gnan and Patricia Jackson; contributions by Franklin Allen, John Armour, Morten Balling, Anthony Belchambers, Jon Danielsson, Ernest Gnan, Charles Grant, Piers Haben, Patricia Jackson, Robert Macrae, Eva Micheler, Menno Middeldorp, Peter Praet, Kathleen Tyson

Jackson, Patricia; Balling, Morten; Gnan, Ernest; … - Conference on "Brexit and the Implications for …; … - 2017

On 23rd February 2017, SUERF and EY organized a conference on "Brexit and the Implications for Financial Services" at EY's offices, Churchill Place, Canary Wharf, London. While the outcome of the Brexit negotiations remains highly uncertain, the conference discussed the burning questions for...

Persistent link: https://www.econbiz.de/10011712197

Monetary Policy in the Euro Area : The Impact of Inflation Expectations

Koch, Dr. Benjamin - 2023

Following a period of subdued consumer price changes, inflation has recently surged to levels that are significantly … impacting the behavior of households and firms. Although the underlying sources of inflation differ across major advanced … price stability.In the current macroeconomic discourse, inflation expectations have gained considerable attention. A …

Persistent link: https://www.econbiz.de/10014351176

Beyond International Standards : Mapping the Future of Capital Markets Regulation

Jordan, Cally - 2018

As a response to multiple financial shocks, international standards have disappointed. Consensus-seeking has stifled innovation, perpetuating outdated regulatory concepts at a time of rapid market change. Different forces are at work now. Markets are complex and idiosyncratic; they may not be...

Persistent link: https://www.econbiz.de/10012910271

The Effectiveness of the ECB's Asset Purchase Programs of 2009 to 2012

Tavlas, George S.; Gibson, Heather D.; Hall, Stephen G. - 2022

We examine the impact of the ECB’s Securities Market Program (SMP) and the ECB’s two Covered Bond Purchase Programs (CBPPs) on sovereign bond spreads and covered-bond prices, respectively, for five euro-area stressed countries -- Greece, Ireland, Italy, Portugal, and Spain. Our data are...

Persistent link: https://www.econbiz.de/10013492698

Fiscal and Monetary Policy Determinants of the Eurozone Crisis and Its Resolution

Dabrowski, Marek - 2012

Unlike the crisis years of 2007-2009 (when the insolvency of large banks was a major problem), the current round of the global financial crisis has fiscal origins. Almost all developed countries suffer from an excessive public debt burden that has been built up over the last two decades or more....

Persistent link: https://www.econbiz.de/10013102556

Lessons of the European Crisis for Regional Monetary and Financial Integration in East Asia

Volz, Ulrich - 2012

The debt crisis in several member states of the euro area has raised doubts on the viability of European Economic and Monetary Union (EMU) and the future of the euro. While the launch of the euro in 1999 stirred a lot of interest in regional monetary integration and even monetary unification in...

Persistent link: https://www.econbiz.de/10013110301