Results 91 to 100 of about 15,849 (257)
The European Banking Union: Will It Be a True Union without Risk Sharing?
PSL Quarterly Review, 2013 The recent developments of the Euro crisis reveal the lack of clear or coherent thinking on the part of both the Eurozone finance ministers and the European Commission.
Mario Sarcinelli
doaj
Global Policy, EarlyView.ABSTRACT This paper examined the critical challenges facing the international monetary system, arguing that they have created conditions for a shift from a neoliberal framework to a pluralist multipolar financial order. Using an interdisciplinary approach that blends international law and international relations, the paper provides an analysis of the ...
Jiangyu Wang
wiley +1 more source
Going Forward from B to A? Proposals for the Eurozone Crisis
Economies, 2016 After reviewing the main determinants of the current Eurozone crisis, this paper discusses the feasibility of introducing fiscal currencies as a way to restore fiscal space in peripheral countries, such as Greece, which have so far adopted austerity ...
Massimo Amato +3 more
doaj +1 more source
"Unit Labor Costs in the Eurozone: The Competitiveness Debate Again" [PDF]
Current discussions about the need to reduce unit labor costs (especially through a significant reduction in nominal wages) in some countries of the eurozone (in particular, Greece, Ireland, Italy, Portugal, and Spain) to exit the crisis may not be a ...
Utsav Kumar, Jesus Felipe
core
Why Post‐COVID 19 Inflation in Europe Was a Monetary Phenomenon and What Policymakers Should Learn
Global Policy, EarlyView.ABSTRACT The post‐pandemic inflation surge in the Eurozone demonstrates that large‐scale monetary expansion is not neutral. Drawing on empirical evidence from a Vector autoregression (VAR) analysis, this commentary demonstrates that money supply growth became a dominant driver of inflation as temporary supply disruptions faded, eventually explaining ...
Daniel Rodríguez‐Asensio +1 more
wiley +1 more source
"Can Portugal Escape Stagnation without Opting Out from the Eurozone?" [PDF]
The creation of the Economic and Monetary Union (EMU) has not brought significant gains to the Portuguese economy in terms of real convergence with wealthier eurozone countries.
Pedro Leao, Alfonso Palacio-Vera
core
Geopolitical Risk and Domestic Bank Deposits
Financial Management, EarlyView.ABSTRACT We investigate the relationship between global geopolitical risk and bank deposit flows across a wide panel of European countries. Motivated by the pivotal role of deposit stability for financial intermediation and systemic resilience, we explore whether geopolitical shocks alter depositors’ portfolio choices.
Dimitris Anastasiou +3 more
wiley +1 more source
The Future for Eurozone Financial Stability Policy [PDF]
The past few months have exposed serious problems in relation to Europe’s ability to cope with financial stress. Placing the new Financial Stability funds on a permanent basis, in the form of a new European Monetary Fund will be required if Europe is to ...
Karl Whelan
core
Democracy versus the Eurozone. CEPS Commentary, 4 June 2012 [PDF]
, 2012 At this point in the crisis, Daniel Gros writes that the common currency can only be saved if the governments of the troubled economies take determined action, supported by their citizens, to show that they attach overriding priority to their membership ...
Gros, Daniel.
core
Testing for Contagion in International Financial Markets: To See More, Go Higher
Financial Review, EarlyView.ABSTRACT Traditional measures of financial contagion rely on correlation shifts, overlooking higher moments such as skewness and kurtosis. We examine contagion during two major financial crises, incorporating lower‐ and higher‐moment measures. We analyze stock market returns from 22 major markets at different frequencies, offering a global perspective ...
Simeon Coleman, Vitor Leone
wiley +1 more source