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idea in a general equilibrium model with endogenous price flexibility and entry-exit. Faced with higher productivity … uncertainty, firms set prices more flexibly. This improves their resilience, reducing exit and output losses in response to …
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This article introduces a new indicator to measure redenomination risks in Euro area countries. The measure is based on survey data. The influence of this indicator in determining sovereign bond yield spreads is tested using an ARDL-approach. The results for ten EMU countries in the period June...
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This article introduces a new indicator to measure redenomination risks in Euro area countries. The measure is based on survey data. The influence of this indicator in determining sovereign bond yield spreads is tested using an ARDL-approach. The results for ten EMU countries in the period June...
Persistent link: https://www.econbiz.de/10011959757
interstate banking deregulation lowered barriers to entry into urban banking markets and find that greater competition …
Persistent link: https://www.econbiz.de/10011560206
interstate banking deregulation lowered barriers to entry into urban banking markets and find that greater competition …
Persistent link: https://www.econbiz.de/10011559788
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