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Les objectifs principaux de l’évaluation sont de: Rendre des comptes et fournir aux services de l'Union européenne (UE) ainsi qu'à un public plus large une évaluation indépendante et globale de ses relations de coopération et de partenariat passées et présentes avec la République du...
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The problem is to evaluate the likelihood that a country will face a currency or balance of payments crisis over a given horizon. When is it rational for market participants to expect a depreciation of the currency? On the basis of considerable empirical studies we know that in both banking and...
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This paper studies the effectiveness of Euro Area (EA) fiscal policy, during the recent financial crisis, using an estimated New Keynesian model with a bank. A key dimension of policy in the crisis was massive government support for banks - that dimension has so far received little attention in...
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