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European Central Bank uses to define price stability in the euro area. The estimate is based on a comparison of the rate of …
Persistent link: https://www.econbiz.de/10005706857
-term government bond yields in the four largest euro zone countries: France, Germany, Italy, and Spain. …
Persistent link: https://www.econbiz.de/10005706922
-related news (newswire reports) on the Euro exchange rate. A time-series study of news generated by ECB officials and market … participants regarding intervention and the value of the Euro as well as an event study of firm reports of ECB intervention is … conducted. Both studies find significant short-run effects on the Euro value, while only “negative†statements (official …
Persistent link: https://www.econbiz.de/10005711934
A number of studies have recently noted that monetary integration in the European Monetary Union (EMU) has been accompanied by increased financial integration. This paper examines the channels through which monetary union increased financial integration, using international panel data on...
Persistent link: https://www.econbiz.de/10005712201
The paper deals with a broad range of topics under the rubric of the international monetary system: exchange rate agreements, International Monetary Fund structure, history and functioning of the European Monetary Union, monetary and fiscal policies adopted in recent years by different...
Persistent link: https://www.econbiz.de/10005715004
We study whether Central and Eastern European Countries (CEECs) have an incentive to use the euro as a monetary anchor … area standard, the CEECs have paid too much attention to the USD in the past and should prefer the euro to the dollar as a … also have an incentive to stabilize their currencies in real terms against a basket where the euro would be prominent …
Persistent link: https://www.econbiz.de/10005715005
the world can be a source of crisis difficult to solve. The creation of the European Central Bank (ECB) and of the euro …
Persistent link: https://www.econbiz.de/10005715034
Persistent link: https://www.econbiz.de/10005717437
Persistent link: https://www.econbiz.de/10005719030
Persistent link: https://www.econbiz.de/10005719084