Narrow search
Showing 1 - 10 of 206,261
Cover Image
The European Payments Union (1950–58) : the post-war episode of Keynes' Clearing Union
Faudot, Adrien - In: Review of political economy 32 (2020) 3, pp. 371-389
Persistent link: https://www.econbiz.de/10012310583
Cover Image
TARGET2 : how costly ist buying time
Erler, Alexander; Hohberger, Stefan - In: CESifo economic studies : CESifo, a joint initiative of … 62 (2016) 3, pp. 491-505
The article assesses the real costs and profits of German claims on the Eurosystem through TARGET2. While Germany’s nominal profits from holding TARGET2 claims depend on the development of the nominal interest rate, the real profits are determined by the real interest rate as well as the real...
Persistent link: https://www.econbiz.de/10011576585
Cover Image
Capital flows in the euro area and TARGET2 balances
Hristov, Nikolay; Hülsewig, Oliver; Wollmershäuser, Timo - 2018
We estimate a panel VAR model for the euro area to quantitatively asses the contribution of the TARGET2 system to the propagation of different types of structural economic shocks as well as to the historical evolution of aggregate economic activity in euro area member countries. Our results...
Persistent link: https://www.econbiz.de/10011793977
Cover Image
Do large TARGET2 balances bear risks for the euro area?
Horst, Maximilian; Neyer, Ulrike - In: Credit and capital markets : Kredit und Kapital 55 (2022) 1, pp. 3-34
Large increases in TARGET2 balances in the euro area since 2008 have led to concern and debate about the appropriate interpretation and policy reaction - in particular in TARGET2 creditor countries such as Germany. Against this background, we examine the main drivers of the increases and...
Persistent link: https://www.econbiz.de/10014518497
Cover Image
The monetary and fiscal nexus of neo-chartalism : a friendly critique
Lavoie, Marc - In: Journal of economic issues : jei 47 (2013) 1, pp. 1-31
Persistent link: https://www.econbiz.de/10009732335
Cover Image
The Eurozone : similarities to and differences from Keynes's plan
Lavoie, Marc - In: International journal of political economy : a journal … 44 (2015) 1, pp. 3-17
Persistent link: https://www.econbiz.de/10011413535
Cover Image
The rise of national central banks' TARGET balances in the euro area : a comment
Terzi, Andrea - In: European journal of economics and economic policies : … 16 (2019) 2, pp. 161-168
Persistent link: https://www.econbiz.de/10012133111
Cover Image
The economics of monetary unions : past experiences and the Eurozone
Castañeda, Juan E. (ed.); Roselli, Alessandro (ed.);  … - 2020 - First published
affecting the Eurozone and the long-term effects of the institutional changes implemented since 2010. The book begins by placing … the Eurozone challenges in the historical context of previous monetary unions, drawing on the experience of the gold … Eurozone. The authors explore the advantages and disadvantages of being a member of the Eurozone and attempt to measure the …
Persistent link: https://www.econbiz.de/10012136769
Cover Image
Ninth T2S harmonisation progress report : Advisory Group on Market Infrastructures for Securities and Collateral (AMI-SeCo)
Europäische Zentralbank - 2018
Persistent link: https://www.econbiz.de/10011983079
Cover Image
Facilitating the interoperability of high-value and international payments : the ISO 20022 migration of the Eurozone
Poser und Groß Naedlitz, Hubertus von - In: Journal of payments strategy & systems 13 (2019) 2, pp. 113-120
Persistent link: https://www.econbiz.de/10012064354