Similar Search Results

Money overhang, credit overhang and financial imbalances in the Euro area

Kool, Clemens; Regt, Erik de; Veen, Tom van - 2013

This paper focusses on the relation between external imbalances and domestic money and credit growth in the euro area. We compute money and credit overhang both for the euro area as a whole and for individual member countries. Our results show that both aggregate money and credit overhang have...

Persistent link: https://www.econbiz.de/10010210704

Macroeconomic imbalances and competitiveness in the euro area

Collignon, Stefan - In: Transfer : European review of labour and research ; … 19 (2013) 1, pp. 63-87

Persistent link: https://www.econbiz.de/10009740376

Reluctant lone ranger : the ECB in the euro area crisis

Tober, Silke - In: The social dimension of the economic crisis in Europe, (pp. 9-28). 2013

Persistent link: https://www.econbiz.de/10009780296

Structural asymmetries and financial imbalances in the eurozone

Jaccard, Ivan; Smets, Frank - 2017

major source of cross-country heterogeneity in the eurozone. We develop a two-country model with incomplete international …

Persistent link: https://www.econbiz.de/10011662924

Monetární ekonomie v období konvergence a krize

Mandel, Martin; Tomšík, Vladimír - 2018 - V nakladatelství Management Press vydání 1

Persistent link: https://www.econbiz.de/10011901982

Zur Problematik einer einheitlichen Geldpolitik in einem inhomogenen Währungsraum

Storp, Nicole - 2019 - 1. Auflage

Persistent link: https://www.econbiz.de/10012059729

The effective rate of interest on target balances

Sinn, Hans-Werner - 2019

paper shows that the pooling of primary interest income among national central banks in the Eurozone implies that Target and … decentralized monetary system of the kind characterizing the Eurozone. It also implies that the recording of Target balances in the … balance sheets of national central banks is compatible with fair value accounting. Highlights * The Eurozone's Target and cash …

Persistent link: https://www.econbiz.de/10012110196

Alternative interpretations of a stateless currency crisis

Cesaratto, Sergio - 2016

Persistent link: https://www.econbiz.de/10011853546

Rebalancing the euro area : is wage adjustment in Germany the answer?

Hoffmann, Mathias; Kliem, Martin; Krause, Michael; … - 2020

We assess to what extent wage inflation policies in Germany could contribute to an economic rebalancing in the euro area and the rest of the world. We find that a rise in nominal wage inflation has positive short-run effects on inflation and output in Germany and the rest of the euro area. The...

Persistent link: https://www.econbiz.de/10012184056

Revisiting the monetary presentation of the euro area balance of payments

Aguilar, Carmen Picón; Soares, Rodrigo Oliveira; … - 2020

We explain how the external counterpart of the euro area M3 can be analysed by using the euro area balance of payments (b.o.p.). This is possible because the net external assets of the monetary financial institutions (MFIs) are present in two statistical frameworks that follow similar...

Persistent link: https://www.econbiz.de/10012165260