Similar Search Results

Convergence Patterns in Financial Development : Evidence from Club Convergence

Apergis, Nicholas - 2013

This paper analyzes the degree of convergence of financial development for a panel of 50 countries. We apply the methodology of Phillips and Sul (2007) to various financial development indicators to assess the existence of convergence clubs. We consider nine such indicators that various...

Persistent link: https://www.econbiz.de/10013094018

Capital Market Openness and Output Volatility

Hwang, Kwang‐Myoung; Park, Donghyun; Shin, Kwanho - 2015

At a conceptual level, opening of capital markets entails a number of benefits and costs. One major cost of financial openness is output volatility. In this paper, using data from 21 advanced and 81 developing countries during 1971-2010, we empirically examine the impact of capital market...

Persistent link: https://www.econbiz.de/10014137125

The evolution of European business environment in the last four years

Danu, Marcela-Cornelia - In: Studies and scientific researches / Economics edition / … 20 (2014), pp. 7-17

Persistent link: https://www.econbiz.de/10011333766

Trade imbalances within the euro area and with respect to the rest of the world

Nieminen, Mika - In: Economic modelling 48 (2015), pp. 306-314

Persistent link: https://www.econbiz.de/10011456908

Wage dynamics and current account rebalancing in the euro area

Berthou, Antoine; Gaulier, Guillaume - In: Banque de France bulletin / Quarterly selection of articles 30 (2013), pp. 71-94

Persistent link: https://www.econbiz.de/10010201527

Current account imbalances in the euro area : catching up or competitiveness?

Belke, Ansgar; Dreger, Christian - 2011

In the debate on global imbalances, the euro area countries did not receive much attention so far. While the current account is on balance for the entire area, divergences between individual member states have increased since the introduction of the common currency. In this paper, the imbalances...

Persistent link: https://www.econbiz.de/10010209436

Overborrowing and balance of payments imbalances in a monetary union

Sy, Mouhamadou Mounirou - 2015

Persistent link: https://www.econbiz.de/10011540537

Do large TARGET2 balances bear risks for the euro area?

Horst, Maximilian Julius; Neyer, Ulrike - In: Credit and capital markets : Kredit und Kapital 55 (2022) 1, pp. 3-34

interpretation and policy reaction - in particular in TARGET2 creditor countries such as Germany. Against this background, we examine …

Persistent link: https://www.econbiz.de/10014518497

Pandora box: the eurozone and the euro crisis

McIntosh, Bryan; Ferretti, Fabrizio - In: Cogent economics & finance 3 (2015) 1, pp. 1-9

, the eurozone and beyond. We argue genesis of this crisis lies in the integration negotiations of 1991, ratified in 1992 …. These produced a flawed economic model within the eurozone. Given the seeds of decay were planted at origin; we argue the … solution can be found through a reconstructed eurozone via looser integration, where countries less equipped to deal with the …

Persistent link: https://www.econbiz.de/10011449877

Current account balances' divergence in the euro area : an appraisal of the underlying forces

Faure, Emmanuelle; Grekou, Carl; Mignon, Valérie - 2023

Persistent link: https://www.econbiz.de/10013543278