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Capital Markets Union : deepening the Single Market makes sense, but don’t expect too much
Bley, Andreas; Weber, Jan Philip - In: Vierteljahrshefte zur Wirtschaftsforschung 86 (2017) 1, pp. 43-53
The Capital Markets Union (CMU) is a flagship project of the European Commission that promotes a deepening of the financial markets. It aims at opening up new sources of funding for SMEs, as well as improving the matching between savers and borrowers. Additionally, CMU is supposed to increase...
Persistent link: https://www.econbiz.de/10011915978
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Seigniorage and EMU : the fiscal implications of price stability and financial market integration
Gros, Daniel - 1992
Persistent link: https://www.econbiz.de/10000854481
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Seigniorage and EMU : the fiscal implications of price stability and financial market integration
Gros, Daniel; Vandille, Guy - 1994
Persistent link: https://www.econbiz.de/10000151502
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Seigniorage and EMU : the fiscal implications of price stability and financial market integration
Gros, Daniel; Vandille, Guy - 1994
Persistent link: https://www.econbiz.de/10000542075
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Seigniorage and EMU : the fiscal implications of price stability and financial market integration
Gros, Daniel; Vandille, Guy - 1994 - Rev. version
Persistent link: https://www.econbiz.de/10000913698
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Does value chain integration dampen producer price developments? : evidence from the European Union
Friesenbichler, Klaus S.; Kügler, Agnes; Reinstaller, … - 2020
-EU trading partners at the country-sector level. We find that especially upstream integration and EU-accession dampen inflation …
Persistent link: https://www.econbiz.de/10012230486
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Inflation, price dispersion and market integration through the lens of a monetary search model
Becker, Sascha O.; Nautz, Dieter - 2010
Recent monetary search models emphasize that the real effects of inflation via its impact on price dispersion depend on … the level of search costs and, thus, on the level of market integration. For less integrated markets, the inflation …-price dispersion nexus is predicted to be asymmetrically V-shaped which implies an optimal inflation rate above zero. For highly …
Persistent link: https://www.econbiz.de/10003952539
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Inflation, price dispersion and market integration through the lens of a monetary search model
Becker, Sascha S.; Nautz, Dieter - 2010
Monetary search theory implies that the real effects of inflation via its impact on price dispersion depend on the … level of search costs and, thus, on the level of market integration. For less integrated markets, the inflation …-price dispersion nexus is predicted to be asymmetrically V-shaped which results in an optimal inflation rate above zero. For highly …
Persistent link: https://www.econbiz.de/10008749778
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EU financial services policy since 2007 : crisis, responses, and prospects
Véron, Nicolas - 2018
Persistent link: https://www.econbiz.de/10011891328
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Deepening the EU's single market for services
Ebeke, Christian; Frie, Jan-Martin; Rabier, Louise - 2019
The services sector is increasingly important for the euro area economy, but productivity growth in the sector has stalled over the past two decades. Remaining barriers to cross-border trade in services within the EU Single Market contribute to this weak performance. Our empirical analysis...
Persistent link: https://www.econbiz.de/10012154992