Results 11 to 20 of about 25,441 (248)
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
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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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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.
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This note discusses the assessment of systemic risks within Non-Bank Financial Institutions (NBFIs) as part of the Financial Sector Assessment Program (FSAP) for the euro area (EA). It outlines the assessment of counterparty credit risk related to Central Counterparties (CCPs) and the potential system-wide spillovers from NBFI liquidity distress with a
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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
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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
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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
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Macroeconomic Imbalances in the Euro Area [PDF]
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
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Euro Area Inflation Expectations [PDF]
Artículo de revista This study explores the recent dynamics of inflation expectations for the main euro area countries. It uses daily financial data for the main euro area countries over the past 15 years with a wide range of time horizons. The estimation of a model of the term structure of inflation expectations using these data allows the common part
Gimeno, Ricardo, Ortega, Eva
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THE EVOLUTION OF THE ECONOMY BETWEEN 2006 - 2021 MEASURED BY GDP, GDP PPP IN ACCORDANCE WITH THE AVERAGE WAGES - EURO AREA VS ROMANIA – [PDF]
The economic growth, the economic situation of a country is a significant theme in economic literature. In this article we analyze the change in GDP per capita euro area 2006 - 2021, GDP per capita Romania 2006 - 2021, GDP PPP per capita euro area 2006
CSŐSZ CSONGOR
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