Showing 1 - 10 of 10,462
Overresponse to short-run events and neglect of longer-term consequences of its actions is one of the main errors that the Federal Reserve makes repeatedly. The current recession offers many examples of actions that some characterize as bold and innovative. I regard many of these actions as...
Persistent link: https://www.econbiz.de/10013084266
Bu çalışma ile 2008 küresel ekonomik krizinin Türkiye ekonomisini etkileme kanallarının, ülkenin makro ekonomik yapısının krizden etkilenme derecesinin ve ülkede yaşanan 2001 krizi sonrası ekonomik yapıda gerçekleştirilen çeşitli düzenlemelerin krizlere karşı başarı...
Persistent link: https://www.econbiz.de/10013097497
“Well, if I had a nickel, I know what I would do. I'd spend it all on candy and give it all to you...Cause that's how much I love you baby.” That wasn't a very generous proposition even in 1946, when country singer Eddy Arnold wrote those words. But at least a nickel would buy a good-sized...
Persistent link: https://www.econbiz.de/10013083917
This paper takes stock of the global economic recovery a decade after the 2008 financial crisis. Output losses after the crisis appear to be persistent, irrespective of whether a country suffered a banking crisis in 2007-08. Sluggish investment was a key channel through which these losses...
Persistent link: https://www.econbiz.de/10012869286
with the COVID-19 emergency by shifting Agamben's paradigm of the 'homo sacer' to the 'sacertas' of the Euro. In this frame …, after describing the Euro as a currency (nomisma) lacking in an appropriate nomos to give member states (economic) credit …
Persistent link: https://www.econbiz.de/10012835079
This paper investigates the causes behind the euro debt crisis, particularly Germany's role in it. It is argued that … threaten the euro's survival. The crisis in Euroland poses a global "too big to fail" threat, and presents a moral hazard of … perhaps unprecedented scale to the global community. -- Euro ; Monetary Union ; Banking Crisis ; Balance-of-Payments Crisis …
Persistent link: https://www.econbiz.de/10009533362
depressed euro that boosted German extra-area exports. But the crisis that started in Euroland's so-called periphery has … meanwhile reached the core. With pro-euro sentiments dwindling fast across the European Union (EU), the future of the euro … turn out to be a double-edged sword. In case of a euro breakup, swift appreciation of the new deutschmark would abruptly …
Persistent link: https://www.econbiz.de/10009757118
This paper investigates the causes behind the euro debt crisis, particularly Germany's role in it. It is argued that … the euro's survival. The crisis in Euroland poses a global “too big to fail” threat, and presents a moral hazard of …
Persistent link: https://www.econbiz.de/10013106538
governments in the euro area enacted or announced numerous economic policy measures to counteract the severe economic consequences …
Persistent link: https://www.econbiz.de/10012231998
​The paper concentrates on illustrating and assessing central banks' liquidity operations during the crisis that started in August 2007. In addition to the ECB, the central banks of Sweden, Switzerland, the United Kingdom, Australia, Japan, Canada and the United States are analyzed. During the...
Persistent link: https://www.econbiz.de/10013130409