Showing 1 - 10 of 26
Persistent link: https://www.econbiz.de/10000613017
Dieser Artikel beschäftigt sich mit den Unterschieden zwischen Geld- und Fiskalpolitik, die für die unterschiedliche institutionelle Ausgestaltung dieser beiden Bereiche der Wirtschaftspolitik in der Europäischen Union verantwortlich sind. Während die Geldpolitik politisch unabhängig auf...
Persistent link: https://www.econbiz.de/10005098325
Der Rat der Europäischen Zentralbank (EZB) steht vor einer schwierigen Entscheidung. Ratsmitglieder haben die Märkte in den vergangenen Monaten auf eine erneute geldpolitische Lockerung eingestimmt. Der EZB-Präsident und andere Ratsmitgliederargumentieren damit, dass die aktuelle...
Persistent link: https://www.econbiz.de/10013483289
This paper examines the treatment of sovereign debt exposure within the Basel framework and measures the impact of bank regulation on the demand of Monetary Financial Institutions (MFI) for marketable sovereign debt. Our results suggest that bank regulation has a significant positive impact on...
Persistent link: https://www.econbiz.de/10010459905
This paper examines the treatment of sovereign debt exposure within the Basel framework and measures the impact of bank regulation on the demand of Monetary Financial Institutions (MFI) for marketable sovereign debt. Our results suggest that bank regulation has a significant positive impact on...
Persistent link: https://www.econbiz.de/10010462544
Persistent link: https://www.econbiz.de/10003742555
This paper examines the treatment of sovereign debt exposure within the Basel framework and measures the impact of bank regulation on the demand of Monetary Financial Institutions (MFI) for marketable sovereign debt. Our results suggest that bank regulation has a significant positive impact on...
Persistent link: https://www.econbiz.de/10013028456
The official view on ECB monetary policy claims that monetary decisions are based solely on average data for the euro zone and that diverging regional developments are disregarded. However, experience from other two tier central banks and theoretical considerations suggest that this official...
Persistent link: https://www.econbiz.de/10010297739
Persistent link: https://www.econbiz.de/10011539793
We provide new evidence on the short-run effect of elections on monetary aggregates. We study month-to-month fluctuations in the growth rate of M1 in a sample of 85 low and middle income democracies from 1975 to 2009. The evidence shows an increase in the growth rate of M1 during election months...
Persistent link: https://www.econbiz.de/10010491768