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Persistent link: https://www.econbiz.de/10001502723
infrastructure and the regions. Most of the topics deal with the long-term integration process in Europe, with a particular focus on …
Persistent link: https://www.econbiz.de/10013519527
This article studies the regulatory strategies to address the potential systemic risk of hedge funds operation in financial markets. Due to the implications of the choice of regulatory strategies and instruments in terms of mitigating systemic risk, the article focuses on one critical aspect of...
Persistent link: https://www.econbiz.de/10013035084
Regional and bilateral liquidity arrangements have gained increasing prominence over the past decades, not least during the recent global financial crisis. This has important consequences for the role of the International Monetary Fund (IMF) as a crisis lender and raises questions regarding the...
Persistent link: https://www.econbiz.de/10013101487
This paper shows that currency arrangements impact on credit available through default incentives. To this end we build a symmetric two-country model with money and imperfect credit market integration. With the Euro Area context in mind, we capture differences in credit market integration by...
Persistent link: https://www.econbiz.de/10011374047
Die zentrale Frage dieser Studie lautet, inwiefern die Wanderung hochqualifizierter Arbeitskräfte in Europa negative …
Persistent link: https://www.econbiz.de/10013432283
Persistent link: https://www.econbiz.de/10000677449
The U.S.-China economic relationship has reached a critical juncture. Over the past year, the U.S. has imposed tariffs … on $250 billion worth of Chinese imports and China has retaliated, raising tariffs on U.S. exports. The U.S. concerns … that underpin these bilateral trade tensions stem from specific practices endemic to China's economic model that …
Persistent link: https://www.econbiz.de/10012890097
This paper evaluates the impact of privatization on the development of capital markets in a two-country general equilibrium model. We draw particular attention to two divestment techniques, share issue privatizations (in developed market systems) and voucher privatizations (in transition...
Persistent link: https://www.econbiz.de/10011335781
Despite the liberalisation of capital flows among OECD countries, equity home bias remains sizable. We depart from the two familiar explanation of equity home bias: transaction costs that impede international diversification, and terms of trade responses to supply shocks that provide risk...
Persistent link: https://www.econbiz.de/10010298732