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We analyze the impact of financial crises and monetary policy on the supply of wholesale funding liquidity, and also on the compositional supply effects through cross-border and relationship lending. For empirical identification, we draw on the proprietary bank-to-bank European interbank dataset...
Persistent link: https://www.econbiz.de/10010471858
The paper analyses the transmission of global financial shocks to individual member states of the European Monetary Union (EMU), in which monetary policy is delegated to the ECB and financial markets are fully integrated. Using a panel VAR model, we show that the asymmetric effects of global...
Persistent link: https://www.econbiz.de/10011495568
to monetary union. The author addresses current issues surrounding the Eurozone, including; a critical discussion of the …
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Ein Pamphlet gegen den Euro, das es in sich hat: Vom ehemaligen Befürworter hat sich Henkel (Ex … Begehrlichkeiten führen. Henkel legt seine Gegengründe eloquent und materialreich dar und schlägt eine Aufteilung des Euro …-Währungsraumes in eine Nordzone mit einem "harten" und eine Südzone mit einem "weichen" Euro vor. 1. Buch zu einer Einstellung, die …
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