Showing 1 - 10 of 3,950
/methodology/approach: We formulated the following hypothesis: Depreciation of the Euro versus American dollar exchange rate occurred in the … period of financial and fiscal crisis (2008-2014). The main reasons for that included: fiscal crisis in the euro area …, implementation of standard and non–standard (quantitative easing) ECB monetary policy measures and growth of money supply in the euro …
Persistent link: https://www.econbiz.de/10012922844
Persistent link: https://www.econbiz.de/10012306883
Persistent link: https://www.econbiz.de/10012510924
This paper studies the effect of implementing fiscal rules on sovereign default risk and on the probability of large capital ow reversals for a large sample of countries including both developed and emerging market economies. Results indicate that fiscal rules are beneficial for macroeconomic...
Persistent link: https://www.econbiz.de/10012586437
Persistent link: https://www.econbiz.de/10001528825
Persistent link: https://www.econbiz.de/10001567036
Persistent link: https://www.econbiz.de/10012429836
Persistent link: https://www.econbiz.de/10013367808
This paper assesses the role of sovereign risk in explaining macroeconomic fluctuations in Turkey. We estimate two versions of a simple New Keynesian small open economy model on quarterly data for the period 1994Q3-2008Q2: A basic version and a version augmented by a default premium on...
Persistent link: https://www.econbiz.de/10011382024
This paper assesses the role of sovereign risk in explaining macroeconomic fluctuations in Turkey. We estimate two versions of a simple New Keynesian small open economy model on quarterly data for the period 1994Q3-2008Q2: A basic version and a version augmented by a default premium on...
Persistent link: https://www.econbiz.de/10013137196