Showing 1 - 10 of 1,496
The purpose of this paper is twofold. First, we evaluate the responses to the questions on inflation expectations in the World Economic Survey for sixteen inflation targeting countries. Second, we compare inflation expectation forecasts across countries by using a two-step approach that selects...
Persistent link: https://www.econbiz.de/10011913189
In this work, we investigate which countries have been more central during Phases I and II of the European Emission Trading Scheme (EU ETS) with respect to the different types of accounts operating in the system. We borrow a set of centrality measures from Network Theory's tools to describe how...
Persistent link: https://www.econbiz.de/10011451494
In this paper, we develop an agent-based multi-layered interbank network model based on a sample of large EU banks. The model allows for taking a more holistic approach to interbank contagion than is standard in the literature. A key finding of the paper is that there are material...
Persistent link: https://www.econbiz.de/10012984392
The objective of this paper is to examine the efficiency of the public sector when it comes to labor market policy (LMP) in European Union (EU) countries. The primary aim is to provide a comprehensive evaluation of public services connected with the LMP from the viewpoint of the efficiency of...
Persistent link: https://www.econbiz.de/10015063618
In this paper, we analyze the dynamic relationships between ten stock exchanges of the euro zone using Granger causal networks. Using returns for which we allow the variance to follow a Markov-Switching GARCH or a Changing-Point GARCH, we first show that over different periods, the topology of...
Persistent link: https://www.econbiz.de/10012980244
Research on interbank networks and systemic importance is starting to recognise that the web of exposures linking banks balance sheets is more complex than the single-layer-of-exposure paradigm. We use data on exposures between large European banks broken down by both maturity and instrument...
Persistent link: https://www.econbiz.de/10010527050
Research on interbank networks and systemic importance is starting to recognise that the web of exposures linking banks balance sheets is more complex than the single-layer-of-exposure approach. We use data on exposures between large European banks broken down by both maturity and instrument...
Persistent link: https://www.econbiz.de/10011539902
Research on interbank networks and systemic importance is starting to recognise that the web of exposures linking banks balance sheets is more complex than the single-layer-of-exposure approach. We use data on exposures between large European banks broken down by both maturity and instrument...
Persistent link: https://www.econbiz.de/10013248836
Research on interbank networks and systemic importance is starting to recognise that the web of exposures linking banks balance sheets is more complex than the single-layer-of-exposure approach. We use data on exposures between large European banks broken down by both maturity and instrument...
Persistent link: https://www.econbiz.de/10011975150
Research on interbank networks and systemic importance is starting to recognise that the web of exposures linking banks balance sheets is more complex than the single-layer-of-exposure approach. We use data on exposures between large European banks broken down by both maturity and instrument...
Persistent link: https://www.econbiz.de/10012983080