Results 1 to 10 of about 26,053 (253)

The Euro Area Periphery Debt Conundrum [PDF]

Intereconomics, 2022
There are many reasons to reform the Stability and Growth Pact, but that reform is no panacea. This is because the euro area periphery has increasingly entered a debt conundrum.
Robin Brooks, Jonathan Pingle
doaj   +2 more sources

Hyperinflation in the Euro Area?

SSRN Electronic Journal, 2020
In the non-academic sector in Germany, it is often advocated that the expansion of the ECB’s money supply would inevitably lead to high inflation or even hyperinflation. This paper explores the question of whether inflation could arise in the euro zone, if so how high it would be and whether it would be hyperinflation.
Lechner G.
europepmc   +3 more sources

A financially stressed euro area

Economics: Journal Articles, 2017
Abstract The authors analyse 149 newly compiled monthly time series on financial market stress conditions in the euro area. With the aid of a factor model they find different sources of financial stress that are important for selecting and preparing the appropriate policy response. The existence of a “Periphery Banking Crisis” factor, a “
Marcus Kappler, Frauke Schleer
doaj   +5 more sources

Euro Area

IMF Staff Country Reports
The European Union (EU) recently sought to give fresh impetus to longstanding efforts to grow and deepen its capital markets—the Capital Markets Union (CMU). Building on the earlier Financial Services Action Plan and work to remove barriers to consolidation and efficiency in post-trade arrangements, the European Commission has set out various ...
  +11 more sources

Tax policy reform and universal basic income effectiveness in a currency union: Implications for long-term growth, inequality, and welfare

Journal of Government and Economics, 2023
This paper aims to assess tax policy reforms that can sustain universal basic income programs and foster long-term growth and welfare in a currency union that faces fiscal rule constraints and inequality. To address this ongoing government and economics’
Thierry U. KAME BABILLA
doaj   +1 more source

Last tango in the Euro Area: Cracks in foundations of the Euro construct [PDF]

Sociologija, 2013
The crisis of sovereign debt and banking system in the Euro Area seriously endanger not only economic stability of the Old continent, but also of the world economy as a whole. In this study, we identify causes of the crisis and point towards plausible
Radonjić Ognjen, Zec Miodrag
doaj   +1 more source

Effects from Brexit on the EU-27 and the Euro Area Developments [PDF]

Bulgarian Journal of International Economics and Politics, 2021
Brexit affects all the aspects of life, business and European integration process. It has strong implications also on the developments in the Euro Area despite the fact that the United Kingdom had the so-called “opt-out clause” for not adopting the ...
Kaloyan Simeono
doaj   +1 more source

Fiscal spillovers in the Euro area [PDF]

Journal of International Money and Finance, 2011
This paper analyses the dynamic effects of fiscal imbalances in a given EMU member state on the borrowing costs of other countries in the euro area. The estimation of a multivariate, multi-country time series model (specifically a Global VAR, or GVAR) using quarterly data for the EMU period suggests that euro-denominated government yields are strongly ...
Caporale, GM, Girardi, A
openaire   +9 more sources

The Transfer Problem in the Euro Area [PDF]

Open Economies Review, 2007
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Girardi, A, PAESANI, PAOLO
openaire   +2 more sources

Macroeconomic Imbalances in the Euro Area [PDF]

Studia Europejskie, 2019
Macroeconomic imbalances constitute one of the most important threats to the cohesion of the monetary union. The aim of this article is to examine the current state of imbalances using the new composite indicator of macroeconomic stability.
Jacek Pietrucha
doaj   +1 more source