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Persistent link: https://www.econbiz.de/10012233369
We construct a New-Keynesian E-DSGE model with energy disaggregation and financial intermediaries to show how energy-related fiscal and macroprudential policies interact in affecting the euro area macroeconomy and carbon emissions. When a shock to the price of fossil resources propagates through...
Persistent link: https://www.econbiz.de/10015339643
show that gasoline prices rose in Asia, Europe, Africa, the Middle East and the Americas. The rise in gasoline prices … 2022. The correlation results show that gasoline prices in Middle East, Europe, Asia and the Americas were significantly …
Persistent link: https://www.econbiz.de/10014264127
Persistent link: https://www.econbiz.de/10011489331
The global financial crisis severely affected economies in Eastern Europe and Central Asia (ECA). Currencies …
Persistent link: https://www.econbiz.de/10012247243
We live in peculiar times: on the one hand, many people — mainly in Western countries — enjoy an unprecedentedly high standard of living from a historical perspective. On the other hand, a considerable part of the population has a feeling that something went wrong, which is underscored by...
Persistent link: https://www.econbiz.de/10014112915
and Europe have been investigated and presented separately. In these economies, the permanence of this effect is given … that began in America and Europe had more effect on Greece, Italy and Spain were the countries of the European countries …
Persistent link: https://www.econbiz.de/10013097551
We study the extent to which the impact of tail risk spillovers, originating in the financial sector and affecting real-economy firms, depends on the level of cash holdings and the financial conditions of the firm. Empirical evidence on 4,320 firms located in 16 European countries, from 2003 to...
Persistent link: https://www.econbiz.de/10013056195
Our paper seeks to provide empirical evidence for a spatial-temporal system of (short-term) regional resilience determinants. Based on groundwork from Martin (2012) and Martin and Sunley (2015), we employ a nested hierarchy of regional and national determinants to constitute the spatial...
Persistent link: https://www.econbiz.de/10011918372
of S&P Europe 350 for the period of January 2016-September 2020, which also partly covers the COVID-19 period. We apply a …
Persistent link: https://www.econbiz.de/10013168839