Similar Search Results

Real convergence, financial markets, and the current account – Emerging Europe versus emerging Asia

Herrmann, Sabine; Winkler, Adalbert - 2008

Global financial integration has been associated with divergent patterns of real convergence and the current account in emerging markets. While countries in emerging Asia have been running sizeable current account surpluses, countries in emerging Europe have been facing large current account...

Persistent link: https://www.econbiz.de/10011606240

Euro area fiscal policies and the crisis

van Riet, Ad (contributor) - 2010

Stability and Growth Pact to ensure a rapid return to sound and sustainable budget positions. Finally, it reviews some early …

Persistent link: https://www.econbiz.de/10011606261

International comparison of stock market valuation: Evidence from a new index

Jochem, Axel; Reitz, Stefan - 2013

This Kiel Policy Brief demonstrates the calculation of a new stock market index informing about the price competitiveness of a country's assets vis-à-vis its foreign competitors. In line with the portfolio balance approach we empirically identify net foreign holdings of a country's assets as...

Persistent link: https://www.econbiz.de/10010313205

Explaining the Danish-German sovereign yield spread

Grønlund, Asger Munch; Hensch, Jonas Ladegaard; … - 2022

This economic memo investigates the drivers of the Danish-German 10-year yield spread, which has widened 25 basis points since January 2020. The widening is found to be driven mainly by larger collateral scarcity of German sovereign bonds due to the ECB's significant bond purchases and a...

Persistent link: https://www.econbiz.de/10013326766

Stock market returns and GDP growth

Fichtner, Ferdinand; Joebges, Heike - 2024

prices and growth became weaker in the 1980s. In this paper, we revisit this issue for the period between 1991 and 2019, and …

Persistent link: https://www.econbiz.de/10014471551

Nowcasting Finnish GDP growth using financial variables: a MIDAS approach

Laine, Olli-Matti; Lindblad, Annika - 2020

We analyse the performance of financial market variables in nowcasting Finnish quarterly GDP growth. Especially, we … models that allow us to forecast quarterly GDP growth using monthly or daily data without temporal aggregation in a … parsimonious way. Our results show that financial market data nowcasts Finnish GDP growth relatively well. When it comes to …

Persistent link: https://www.econbiz.de/10012215454

A stronger CEE for a stronger Europe

Wieser, Thomas; Grieveson, Richard; Holzner, Mario - 2024

We discuss past performance and future challenges for the countries of Central and Eastern Europe (CEE). We highlight the successful convergence process of those countries, not least thanks to their integration into European and global value chains. As the external environment changes, so...

Persistent link: https://www.econbiz.de/10014564102

Auf dem Weg zur weltanschaulichen Bekenntnisschule: Das wirtschaftspolitische Leitbild der Hochschule Pforzheim

Maurer, Rainer - 2015

Dieses Diskussionspapier beleuchtet die PRME-Verpflichtung der Hochschule Pforzheim und die daraus resultierenden Probleme (Abschnitt 2) aus vier Perspektiven: der erkenntnistheoretischen (Abschnitt 3), der erfahrungswissenschaftlichen (Abschnitt 4), der juristischen (Abschnitt 5) und einer...

Persistent link: https://www.econbiz.de/10011327906

Getting serious about the European: Green Deal with a Carbon Border Tax

Stöllinger, Roman - 2020

In December 2019 the incoming European Commission announced the European Green Deal (EGD), which aims to turn the EU into a climate-neutral, circular economy. Although it is as yet not very specific in many areas, the EU's Green Deal sends the right signal and contains several promising...

Persistent link: https://www.econbiz.de/10012605230

Externalities and market failures of cryptocurrencies

Hokkanen, Topi - 2023

This paper discusses the externalities and market failures in cryptocurrency markets. In particular, I highlight the … significant environmental externalities created by Proof-of-Work (PoW) cryptocurrencies, the most prominent of which is Bitcoin …. The main goals of this paper are to quantify these externalities, illustrate the mechanisms by which they arise, and …

Persistent link: https://www.econbiz.de/10014423971