Similar Search Results

The impact of the euro on money and bond markets

Santillán, Javier; Bayle, Marc; Thygesen, Christian - 2000

The paper provides an analysis of the euro area money and bond markets and their infrastructure since the introduction of the euro. Significant development in terms of integration took place in both markets in general to a various degree for the different segments. However, there remain room for...

Persistent link: https://www.econbiz.de/10011606153

The global downturn and its impact on euro area exports and competitiveness

di Mauro, Filippo; Forster, Katrin; Lima, Ana - 2010

World trade contracted sharply in late 2008 and early 2009 following the deepening of the financial crisis in September 2008. This paper discusses the main mechanisms behind the global downturn in trade and its impact on euro area exports and competitiveness. It finds that the euro area was hit...

Persistent link: https://www.econbiz.de/10011606271

Euro area cross-border financial flows and the global financial crisis

Forster, Katrin; Vasardani, Melina A.; Ca' Zorzi, Michele - 2011

This paper analyses the impact of the global financial crisis on euro area cross-border financial flows by comparing recent developments with the main pre-crisis trends. Two prominent features of the period of turmoil were (i) the sizeable deleveraging of external financial exposures by the...

Persistent link: https://www.econbiz.de/10011606278

Warum die Volkswirtschaften der Eurozone den USA und Großbritannien seit der Finanzkrise hinterherhinken: Zur Rolle von Unterschieden in der Geld- und Fiskalpolitik

Heimberger, Philipp - 2016

Finanzkrise im Vergleich von Eurozone, USA und Großbritannien. Die Eurozone erholte sich seit 2010 deutlich schleppender als die … Ergebnis ist, dass der restriktivere Mix aus Geld- und Fiskalpolitik in der Eurozone die im Vergleich zu den USA und … institutionellen Rahmenbedingungen in der Eurozone hatte die Austeritätspolitik ab den Jahren 2010/2011 ausgeprägt negative Effekte auf …

Persistent link: https://www.econbiz.de/10012100198

Competitiveness and external imbalances within the euro area

2012

The onset of the financial crisis in 2008 has highlighted the problems of diverging external imbalances within Economic and Monetary Union (EMU) and the role of persistent losses in competitiveness. This paper starts by investigating some of the competitiveness factors which contributed to...

Persistent link: https://www.econbiz.de/10011606291

Introducing the ECB indicator on euro area industrial new orders

de Bondt, Gabe; Dieden, Heinz Christian; Muzikarova, Sona; … - 2013

Following the discontinuation of the official statistics on industrial new orders by Eurostat in mid-2012, this paper introduces the ECB indicator on euro area industrial new orders, which aims to fill the new statistical gaps for euro area total new orders as well as for various breakdowns....

Persistent link: https://www.econbiz.de/10011606301

Europa an der Schwelle zur Rezession? Wirtschaftliche Auswirkungen der Corona-Pandemie und des Ukraine-Kriegs

Koenen, Michelle; Kunath, Gero; Obst, Thomas - 2022

Die Europäische Union (EU) sieht sich innerhalb kürzester Zeit mit zwei großen und historisch einmaligen Krisen konfrontiert. Die Corona-Krise führte zu asymmetrischen wirtschaftlichen Auswirkungen in der EU. Maßgeblich für die konjunkturelle Entwicklung zwischen dem vierten Quartal 2019...

Persistent link: https://www.econbiz.de/10013346316

Fiscal federalism in crisis: lessons for Europe from the US

Darvas, Zsolt - 2010

Drawing comparisons between the fiscal architecture and situation in the US and the European Union, Bruegel Research Fellow Zsolt Darvas answers three questions in this Policy Contribution- Why has the euro been hit so hard? How would a more federal European fiscal union closer to the US model...

Persistent link: https://www.econbiz.de/10010273692

Euro-area governance: what went wrong? How to repair it?

Pisani-Ferry, Jean - 2010

The reform of euro area governance has been chosen by the heads of state and government in the EU as a topic for immediate discussion and swift decisions. The European Council in Spring 2010 asked president Van Rompuy to chair a task force on euro area governance. The task force is due to...

Persistent link: https://www.econbiz.de/10010273703

Monetary policy on the way out of the crisis

von Hagen, Jürgen - 2009

eurozone out of the crisis. He argues that the tentative recovery in the euro area indicates that both monetary and fiscal …

Persistent link: https://www.econbiz.de/10010273710