The eurozone as an island of stability. CEPS Commentary, 19 February 2018 [PDF]
, 2018 After a decade of struggles, Daniel Gros urges eurozone leaders not to forget that predominantly domestic problems cannot be resolved by a loan or transfer of resources from ...
Gros, Daniel.
core
Marriage of Love? Cross‐Fertilisation Between Illiberalism and Euroscepticism
JCMS: Journal of Common Market Studies, EarlyView.Abstract The article contributes to the conceptual mapping of the interaction between Euroscepticism and illiberalism, suggesting that there is a mutual reinforcement process between them. The overlaps cover the following areas: the critique of supranationalism, the resulting defence of national sovereignty, the defence of the (national) majority ...
Vít Hloušek, Vratislav Havlík
wiley +1 more source
Financial crisis, labor market frictions, and economic volatility. [PDF]
PLoS One, 2023 Lei W, Li Z, Mei D.
europepmc +1 more source
Tracing Frame Trajectories in Policy Debates: Placing the EU in Global Discourse Networks
JCMS: Journal of Common Market Studies, EarlyView.Abstract This special issue explores the evolving trajectories of policy frames in European and global public policy, emphasising the non‐linear processes through which frames emerge, diffuse and become salient or silenced over time. The contributions focus on how actors in governance, ranging from governments and international organisations to civil ...
Ece Özlem Atikcan +3 more
wiley +1 more source
Managing Crisis in the Eurozone
Politička misao : časopis za politologiju, 2011 Euro crisis displayed its full blow in the spring of 2010. Its dynamics revealed deep-seated structural flaws at the core of the EMU. The productive Germany is tied via the euro currency union to countries that have lower productivity rates and inefficient economies.
Brkić, Luka, Kotarski, Kristijan
openaire +4 more sources
What Germany should fear most is its own fear: An analysis of Target2 and current account imbalances. CEPS Working Document No. 368, September 2012 [PDF]
, 2012 This paper analyzes two claims that have been made about the Target2 payment system. The first one is that this system has been used to support unsustainable current account deficits of Southern European countries.
De Grauwe, Paul, Ji, Yuemei
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Climate‐Neutrality Transition and Banks' Loan Pricing
Journal of Financial Research, EarlyView.Abstract In this paper, we propose a novel methodology to quantify firms' climate‐change transition risk (CCTR) and its implications for credit markets. We utilize the regulatory framework of the European Green Deal's 2050 carbon neutrality roadmap, focusing on large Eurozone firms and their banking relationships.
Evangelos Salachas +2 more
wiley +1 more source
Synchronization in Cycles of China and India During Recent Crises: A Markov Switching Analysis. [PDF]
J Quant Econ, 2023 Dua P, Tuteja D.
europepmc +1 more source
Federal State-building, asymmetric federalism and European integration: the case of the Eurozone [PDF]
, 2020 This thesis aims at answering the following questions: To what extent does the Eurozone represent a federal political system; to what extent does the EU’s monetary integration through the Eurozone represent a process of federal state-building; and to ...
Violi, F.
core
Financial Fragility and the Fiscal Multiplier
Journal of Money, Credit and Banking, EarlyView.Abstract We show that undercapitalized banks with large holdings of government bonds subject to sovereign default risk lead to a new crowding‐out channel: deficit‐financed fiscal stimuli lead to higher bond yields, triggering capital losses for the banks. Banks then cut back loans, which reduces fiscal multipliers.
CHRISTIAAN VAN DER KWAAK +1 more
wiley +1 more source