Showing 8,521 - 8,530 of 8,617
, this paper analyzes how the resulting euro contradiction conditioned the ongoing euro crisis as well as current strategies … to resolve it. While Germany generally prevailed in hammering out the design of the euro policy regime, the German … misunderstanding has made Germany the main culprit in the euro crisis, but it has yet to face the full consequences of its actions …
Persistent link: https://www.econbiz.de/10013083294
This paper studies the determinants of the euro exchange rate during the European sovereign debt crisis, allowing a … role for macroeconomic fundamentals, policy actions and the public debate by policy makers. It finds that the euro exchange …
Persistent link: https://www.econbiz.de/10013083696
This paper investigates the demand for euros using panel data for 10 euro area countries covering the period from 1999 … in housing prices are also able to explain part of the monetary overhang in the euro area since 2005. We conclude that … housing price developments within the euro area are relevant to an understanding of the demand for euros, and thus warrant …
Persistent link: https://www.econbiz.de/10013114505
Euro was not associated with increased integration. Our results do not change when the sample is extended to include the …
Persistent link: https://www.econbiz.de/10013116265
account of the change in the circulation of euro banknotes and the use of cash in transactions during the pandemic; and (2) to …
Persistent link: https://www.econbiz.de/10013217793
-term financial variables and of long-term rates on structural variables of listed euro firms. I thereby test if negative rates have … 4.5%. The latter positive effects arise from the southern-euro countries and Finland and France. For the first full … for small and large firms, for different sectors, and in most of the euro countries …
Persistent link: https://www.econbiz.de/10013219018
adopt a common currency, the Euro. Inflation dispersion and inflation differentials (with respect to German inflation …) within the Euro-area countries have increased after the adoption of the common currency. Countries with higher inflation … rates tend to have also had higher GDP growth rates and a lower price level when the Euro was adopted …
Persistent link: https://www.econbiz.de/10013097086
Monetary Union (EMU), focusing on the German intellectual and historical traditions behind the euro policy regime and its … the euro's guardian of stability, and ultimately the euro itself. Essentially, the national success of the Bundesbank … general perception in Germany today is that the euro crisis has confirmed the soundness of the key “stability …
Persistent link: https://www.econbiz.de/10013097219
To understand the origin of the modern central bank — its institutional structure and monetary policy — one must understand the history of the Bundesbank. The narrative history offered here examines the evolution of that institution, from the start and the collapse of the Bretton Woods...
Persistent link: https://www.econbiz.de/10013097238
mainstream models of governance for the Euro area and explains the advantages and political viability of an alternative model …
Persistent link: https://www.econbiz.de/10013097553