Showing 1 - 10 of 544,683
the outlook is a further intensification of the euro area crisis and its spillover. Parliamentary elections took place in …
Persistent link: https://www.econbiz.de/10011242482
The literature on the benefits and costs of financial globalization for developing countries has exploded in recent years, but along many disparate channels and with a variety of apparently conflicting results. For instance, there is still little robust evidence of the growth benefits of broad...
Persistent link: https://www.econbiz.de/10005263828
Persistent link: https://www.econbiz.de/10011613469
A growing literature stresses the importance of the “global financial cycle”, a common global movement in asset prices and credit conditions, for emerging market economies (EMEs). It is argued that one of the key drivers of this global cycle is monetary policy in the U.S., which is...
Persistent link: https://www.econbiz.de/10011405101
Persistent link: https://www.econbiz.de/10011787732
This paper examines the role of Japan against that of China in the exchange rate regime in East Asia in light of … generate higher average welfare gains for East Asian countries than currency unions with Japan or the United States. Overall …, Japan does not appear to be a dominant player in forming a currency union in East Asia, and this trend is likely to continue …
Persistent link: https://www.econbiz.de/10005826046
Persistent link: https://www.econbiz.de/10011458837
U.S. monetary policy has been claimed to generate global spillover and to destabilize other small open economies. We …
Persistent link: https://www.econbiz.de/10012392363
States, the United Kingdom, Euro area and Japan- the Systemic Four-on global monetary and liquidity conditions. Overall, the … countries on these conditions in other countries. UMPMs of the Bank of Japan have positive association with global liquidity but …
Persistent link: https://www.econbiz.de/10011445532
Persistent link: https://www.econbiz.de/10012509364