Results 81 to 90 of about 63,169 (256)
We argue that the various proposals aimed at stabilizing the Eurozone using financial engineering do not eliminate the inherent instability of the sovereign bond markets in a monetary union. During crises, this instability becomes systemic and no amount of financial engineering can stabilize an otherwise unstable system.
De Grauwe, Paul, Ji, Yuemei
openaire +2 more sources
Global economy knows no borders [PDF]
Artykuł naukowy „Global economy knows no borders” jest podsumowaniem wystąpienia profesora Marka Belki podczas konferencji naukowej “2014 – New Opportunities for Japan – V-4 Cooperation” zorganizowanej przez Wydział Socjologiczno-Ekonomiczny Uniwersytetu
Belka, Marek
core +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
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
Testing for Contagion in International Financial Markets: To See More, Go Higher
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
Abstract Whilst institutional change following the eurozone crisis is well documented, the mechanisms underlying this change remain less understood. This article examines how EU officials negotiated the routinisation of the European Commission's Task Force for Greece into the Structural Reform Support Service, a technical assistance mechanism for all ...
Marylou Hamm
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
Similarity of Supply and Demand Shocks Between the New Member States and the Euro Zone. The Case of Romania [PDF]
This paper assesses the correlation of supply and demand shocks between New Member States (NMS), including Romania, and the Eurozone. Using a structural VAR approach, we estimated the similarity between demand (both nominal and real) and supply shocks ...
Dumitru, Ionela, Dumitru, Ionut
core
Abstract This study aims to provide a better understanding of how policy‐making changes when an issue is framed as an emergency. Literature on emergency politics provides different views on policy‐making changes resulting from emergency frames, where ordinary and exceptional policy‐making overlap in different ways.
Emma Leenders +3 more
wiley +1 more source
On price convergence in Eurozone [PDF]
We investigate price level convergence with Germany in eleven countries belonging to the Eurozone between January 1970 and July 2011. Relying on smooth transition regression models, we show that the price convergence process is nonlinear, depending on ...
David Guerreiro, Valérie Mignon
core

