Results 1 to 10 of about 6,170,741 (299)
The Euro Area Periphery Debt Conundrum [PDF]
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?
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
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
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This Technical Note on the Capital Markets Union underscores the European Union’s (EU) renewed push to deepen and integrate its capital markets. Fragmentation in the euro area (EA) is largely due to national differences in securities, corporate, tax, and pensions laws.
+11 more sources
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]
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]
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]
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
Business Cycles in the Euro Area [PDF]
This paper shows that the EMU has not affected historical characteristics of member countries’ business cycles and their cross-correlations. Member countries which had similar levels of GDP percapita in the seventies have also experienced similar business cycles since then and no significant change associated with the EMU can be detected. For the other
Giannone, Domenico +2 more
openaire +7 more sources
The Transfer Problem in the Euro Area [PDF]
zbMATH Open Web Interface contents unavailable due to conflicting licenses.
Girardi, A, PAESANI, PAOLO
openaire +2 more sources

