Results 71 to 80 of about 2,184 (213)
On Liquidity Spillovers in Sovereign Bond Spot and Futures Markets During the COVID‐19 Outbreak
ABSTRACT We examine liquidity spillovers within and between the sovereign bond spot and futures markets in the euro area, covering the periods before, during, and after the COVID‐19‐induced dash for cash episode. Our results indicate that while liquidity spillovers were significantly amplified during the height of the crisis, the magnitude of these ...
Vassilios G. Papavassiliou, Fan Dora Xia
wiley +1 more source
Synchronization of Economic Cycles in Countries of the Visegrad Group, Germany and Eurozone
Most countries of the Visegrad group presently undertake meticulous preparation for entry to the Eurozone, which makes the issue of business cycle synchronization contemporary.
Václav Adamec
doaj +1 more source
EMU and trade: The euro effect on the agricultural sector
Abstract This paper uses a structural gravity model to examine the partial equilibrium effects of the European Monetary Union (EMU) on trade for the agricultural sector. We find robust evidence that EMU has increased trade both between members and between EMU and non‐EMU member countries. This positive link is found in most member countries.
Silviano Esteve‐Pérez +2 more
wiley +1 more source
Decoding Information Flow in Fund Families: Evolution, Drivers and Impacts
ABSTRACT This paper proposes a new measure of information sharing within fund families inferred from trading activity and examines its evolution and managerial drivers. The findings reveal a declining trend in internal information exchange over time, with higher information flow in families characterized by greater managerial interaction.
Ruth Gimeno +3 more
wiley +1 more source
The European Banking Union: Will It Be a True Union without Risk Sharing?
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
Going Forward from B to A? Proposals for the Eurozone Crisis
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
A U‐Shaped Flow–Performance Sensitivity Across the Globe
ABSTRACT Using a worldwide sample of equity mutual funds, we document a new stylized fact: the flow‐performance sensitivity (FPS) is greater for both bottom and top performance, compared to the middle. This “U‐shaped” FPS is especially strong in down markets, for small/mid‐cap funds, and in the latest decade. These results hold over quarterly or yearly
Markus Broman, Kelley Bergsma Lovelace
wiley +1 more source
Geopolitical Risk and Domestic Bank Deposits
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
Comparative economics, globalisation and the eurozone in the quest for a new eurozone paradigm [PDF]
The Eurozone is at a crossroads. Its neoliberal and ordoliberal construction proved to be unworkable and, after the crisis, made the macroeconomic adjustment slow and costly – causing financial and real divergence among the member countries. Kolodko’s writings offer interesting insights.
openaire +2 more sources
Monetary Policy and Banking Operations: Does Ownership Matter?
ABSTRACT This paper examines how monetary‐policy deviations from country‐specific Taylor‐rule benchmarks are associated with bank insolvency risk and profitability, and how ownership and liability‐side funding conditions shape these responses. Using a large cross‐country panel of commercial banks, we show that tighter‐than‐expected monetary policy is ...
Evangelos Salachas +3 more
wiley +1 more source

