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' stock markets with the eurozone only. Hence, this paper aims to investigate, compare and interpret integration among stock … and the eurozone equity market within 2004-2018. The added value of this article consists especially in using a wider … spectrum of econometric tools (cointegration, VAR model, Granger causality, variance decomposition) and comparison of changes …
Persistent link: https://www.econbiz.de/10012939609
The European Central Bank (ECB) took many measures to combat the eurozone's rolling financial crisis. For providing … desperately scarce dollars to eurozone banks, the ECB relied on the U.S. Federal Reserve. Using a novel econometric framework, we … October 2009 and September 2012, the most intense phase of the eurozone crisis. Dollar liquidity clearly reduced stress in …
Persistent link: https://www.econbiz.de/10011942687
transmission processes at the systemic level. We use the euro area financial accounts (flow of funds) data to construct a sector … leverage and asset volatility. We conclude that the bilateral cross-sector exposures in the euro area financial system …
Persistent link: https://www.econbiz.de/10003969268
transmission processes at the systemic level. We use the euro area financial accounts (flow of funds) data to construct a sector … leverage and asset volatility. We conclude that the bilateral cross-sector exposures in the euro area financial system …
Persistent link: https://www.econbiz.de/10013153431
Persistent link: https://www.econbiz.de/10011281260
the EU membership, while no substantial effect comes from the euro adoption. Finally, we investigate the effects from …
Persistent link: https://www.econbiz.de/10009510726
the EU membership, while no substantial effect comes from the euro adoption. Finally, we investigate the effects from …
Persistent link: https://www.econbiz.de/10011374352
the EU membership, while no substantial effect comes from the euro adoption. Finally, we investigate the effects from …
Persistent link: https://www.econbiz.de/10013108975
Today we live in a post-truth and highly digitalized era characterized by a flow of (mis-) information around the world. Identifying the impact of this information on stock markets and forecasting stock returns and volatilities has become a much more difficult task, perhaps almost impossible....
Persistent link: https://www.econbiz.de/10012039605
, and those of the British pound and the euro (first statistical moment). We show that Brexit-induced policy uncertainty … nicht auf Großbritannien beschränkt, sondern betreffen auch die Eurozone. …
Persistent link: https://www.econbiz.de/10011570794