Results 71 to 80 of about 15,849 (257)
The Eurozone as a Political Economy Field
This chapter argues that the Eurozone's vicissitudes highlight multiple interfaces between economics and politics. More specifically, they reveal the manifold interdependencies at work within and across the domains of the European economy and poltical ...
Scazzieri, Roberto +5 more
core +1 more source
Impact of Sovereign Debt Maturity on Fiscal Sustainability
ABSTRACT This study is the first to investigate the impact of the term structure of public debt on fiscal sustainability. We adopt the widely used backward‐looking measure of fiscal sustainability—fiscal responsiveness as proposed by Bohn. Using data from De Graeve and Mazzolini and focusing on a sample of 19 most developed countries, we demonstrate ...
António Afonso +3 more
wiley +1 more source
What caused the eurozone crisis? CEPS Commentary, 27 November 2015 [PDF]
After five years of crisis there are now signs that the eurozone economy is recovering, but it is far from being back to normal. The authors of this CEPS Commentary sound a note of caution: although progress has been made with the banking union and new ...
Gros, Daniel., Baldwin, Richard
core
Institutional Diversity in Banking and Economic Complexity
ABSTRACT In this paper, we test whether institutional diversity in banking systems is beneficial to economic complexity, using data for Italian provinces in the period 1998–2017. We compute different indexes that consider diversity from an ownership, institutional, business model and competition point of view and find that higher diversity has a ...
Beniamino Pisicoli
wiley +1 more source
This paper examines the causal relationship between insurance market penetration and per capita economic growth in 19 Eurozone countries for the period 1980–2014.
Saurav Dash +5 more
doaj +1 more source
The future of the eurozone and gold. CEPS Special Report, 3 September 2010 [PDF]
This report considers four short-term, alternative scenarios for the eurozone and analyses their possible implications for global economic trends and the gold market.
Alcidi, Cinzia +3 more
core
Exchange Rates and Sovereign Risk: A Nonlinear Approach Based on Local Gaussian Correlations
ABSTRACT We empirically assess the interlinkages between sovereign risk, measured in terms of CDS spreads, and exchange rates for a sample of emerging markets. Our period of analysis includes episodes of severe stress, such as the Global Financial Crisis, the COVID‐19 pandemic, and the Ukrainian War.
Reinhold Heinlein +2 more
wiley +1 more source
Policymaking in the Eurozone and the Core vs Periphery Problem [PDF]
Geldpolitik; Finanzpolitik; Öffentliche Schulden; Eurozone; Europäische Wirtschafts- und ...
Stergios Skaperdas
core
Stock Price Deviations From Fundamentals Levels: Mis‐Valuation due to Investor Overconfidence?
ABSTRACT We use the Residual Income Valuation Model to obtain fundamental values for sample stocks in six Eurozone markets. We then estimate the deviation between the fundamental values and actual stock prices. Subsequently, we examine whether these deviations can be systematically explained by business cycle trends, trends in local economic sentiment,
Stella N. Spilioti +1 more
wiley +1 more source
How the post-COVID-19 US economy lost and then regained momentum against the Eurozone economy [PDF]
The objective of the paper is to assess and compare the resilience of the post-Covid US and Eurozone economies. Quarterly growth rates (annualized) of the Real GDP of US and the Eurozone are forecasted between Q4 2023 and Q4 2050.
Pierre Rostan, Alexandra Rostan
doaj +1 more source

