Showing 1 - 10 of 409,988
crisis for the EMU. … the European Monetary Union (EMU) over the period 1995-2018 within a multivariate panel framework. The fixed effects …
Persistent link: https://www.econbiz.de/10012291891
Persistent link: https://www.econbiz.de/10010246252
Persistent link: https://www.econbiz.de/10010487085
Persistent link: https://www.econbiz.de/10012549317
Persistent link: https://www.econbiz.de/10011290036
Persistent link: https://www.econbiz.de/10011478453
" the institutional failures on which the Euro and the Eurozone are built, strengthens them and further weakens the … construction on which the European member states operate. In this sense, the Treaty explains why the crisis in Europe is so deep … and persistent, and why the member states of the Eurozone are having such difficulty in returning to a path of balance and …
Persistent link: https://www.econbiz.de/10010459672
public debt and monetary policy in the context of crisis. It is shown for Japan that the attempts to maintain regional …Both Japan and parts of the European Monetary Union have experienced boom and bust in stock and real estate markets …, which have been followed by a lasting crisis. The paper analyses the role of a high degree of regional heterogeneity for …
Persistent link: https://www.econbiz.de/10012988893
Persistent link: https://www.econbiz.de/10012658673
With this paper, our objective is to empirically study public debt sustainability by estimating a fiscal reaction function where the primary balance relative to GDP is assumed to be a function of the public debt to GDP ratio of the previous year and of other macroeconomic variables. In...
Persistent link: https://www.econbiz.de/10013335018