Results 121 to 130 of about 63,169 (256)
Finding common ground A pragmatic budgetary instrument for the euro area Bertelsmann Stiftung Policy Paper 8 February 2019 [PDF]
, 2019 We outline a pragmatic proposal for a budgetary instrument for the euro area in line with the decision of the December 2018 Euro Summit. It is based on a very simple principle: any new instrument should make the euro area function better as a currency ...
Funk, Ole +3 more
core
Inference on the Attractor Space via Functional Approximation
Oxford Bulletin of Economics and Statistics, EarlyView.ABSTRACT This paper discusses semiparametric inference on hypotheses on the cointegration and the attractor spaces for I(1)$$ I(1) $$ linear processes with moderately large cross‐sectional dimension. The approach is based on sample canonical correlations and functional approximation of Brownian motions, and it can be applied both to the whole system ...
Massimo Franchi, Paolo Paruolo
wiley +1 more source
Target2 imbalances and poverty in the eurozone. [PDF]
J Evol Econ, 2022 Canale RR, Liotti G.
europepmc +1 more source
, 2017 In the course of eurozone exit, the underlying stocks of American Depositary Receipts (ADRs) would be redenominated from euros into the new national currency. We exploit ADR investors' exposure to currency redenomination losses to derive a novel measure of eurozone exit risk.
Eichler, Stefan, Rövekamp, Ingmar
openaire +2 more sources
Understanding Literal Compliance in the European Union's Multilevel Fiscal Governance
Regulation &Governance, EarlyView.ABSTRACT Even if member states formally comply with EU law, the ‘ideal type’ of literal compliance, where EU rules are compliantly transposed without customizing their density or restrictiveness, is both rare and improbable. Why do EU member states engage in literal compliance in the ‘least likely’ case of the EU's Fiscal Compact, where customized ...
Tiziano Zgaga, Eva Thomann
wiley +1 more source
The Future of the Eurozone [PDF]
Finanzmarktkrise; Geldpolitik; EU-Stabilitätspakt; Eurozone; Europäische Wirtschafts- und ...
Holger Zschäpitz, Kai A. Konrad
core
Regulation &Governance, EarlyView.ABSTRACT This paper examines the strategic communication of the European Commission about developing a regulatory approach and financial instruments to foster the greening of the European economy over a period of 14 years (2009–2023). We investigate in‐depth the strategic communication of three European Commission Colleges led by Barroso, Juncker, and ...
Susanne Reither +2 more
wiley +1 more source
Revisiting ECOWAS-Eurozone exports in the light of asymmetry
Cogent Economics & FinanceThis article evaluates the asymmetric impact of exchange rate volatility on the exports of nine ECOWAS countries to the Eurozone. By comparing Autoregressive Distributed Lag (ARDL) and Nonlinear ARDL (NARDL) models, the study concludes that the effect of
Sagiru Mati +5 more
doaj +1 more source
Examining goods market integration in the Eurozone: evidence obtained from an analysis of price-setting by UK automobile exporters [PDF]
This paper investigates whether the pervasive dispersion of automobile prices within the Eurozone (1999-2006) is caused by the existence of market segmentation and divergences in the market structures.
Jacint Balaguer
core
Regulation &Governance, EarlyView.ABSTRACT Non‐majoritarian institutions are designed to depoliticize policymaking and enhance the credibility of regulatory decisions. Yet many such bodies have become sites of contestation, exposing the limits of technocratic insulation. While research highlights external and behavioral drivers of politicization, the role of institutional design ...
Brigitte Pircher
wiley +1 more source