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Banks play a fundamental role in the growth of the economy of the country. A bank is an institution engaged in accepting deposits and granting loans. One of the important roles of the banking industry is to channelize the deposit money for the purpose of the lending activity. A pattern of...
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This brief reviews the evolution of the US and the European labour markets since the beginning of the financial crisis. In the US, the unemployment rate and the share of long-term unemployment grew very fast, during the crisis, thereby reaching levels close to those in the EU. Does that mean...
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This paper investigates whether the degree and the nature of economic and monetary policy interdependence between the United States and the euro area have changed with the advent of EMU. Using real-time data, it addresses this issue from the perspective of financial markets by analysing the...
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