Showing 1 - 10 of 462,645
Europe, bank finance plays a relatively important role, and efforts have been made at creating a level playing field for …
Persistent link: https://www.econbiz.de/10011476387
Persistent link: https://www.econbiz.de/10002408911
Financial markets in Euroland differ from those of a national monetary union in two regards. First, capital markets in general and banking markets in particular show a greater degree of segmentation than national financial markets as a result of information costs and regulatory barriers to full...
Persistent link: https://www.econbiz.de/10011476407
Persistent link: https://www.econbiz.de/10013261149
The paper analyses the transmission of global financial shocks to individual member states of the European Monetary Union (EMU), in which monetary policy is delegated to the ECB and financial markets are fully integrated. Using a panel VAR model, we show that the asymmetric effects of global...
Persistent link: https://www.econbiz.de/10011495568
Persistent link: https://www.econbiz.de/10003900955
Persistent link: https://www.econbiz.de/10011745573
recommends a set of carefully targeted policy actions. European capital markets are relatively small, resulting in strong bank …
Persistent link: https://www.econbiz.de/10012110951
Persistent link: https://www.econbiz.de/10012197209
Persistent link: https://www.econbiz.de/10012175760