Monetary union
Inflation Targeting in Latin America: Toward a Monetary Union?
... their monetary autonomy in favor of the ...American monetary union would be much weaker that those faced by ...up monetary autonomy —in this case, in favor of the dollar— would leave ...
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Convergence and divergences in the european economy : rebalancing and being competitive in a non‐optimal monetary union
... European Union (EU) is in a most delicate situation: The European economy is weathering a turbulent recession because of the financial instability and limited competitiveness of some EU Member States (MS) of the ...
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PERSPECTIVES ON FINANCIALISATION AND CRISIS IN EUROPE
... The financial crisis that hit Europe in 2008, and the subsequent economic stagnation that has afflicted the continent, came after a period of extensive development of cross-border banking and financial markets. This ...
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How does dollarization affect real volatility and country risk?
... the union, 2) the distribution of shocks and its relative size, 3) the real exchange rate volatility in the leader country and in those countries associating to it, 4) the influence of currency substitution on the ...
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With this background, it was already clear that there was an urgent need to undertake a restructuring of the sector and to support this process in a way that allowed the solvency
... and Monetary Union (EMU) has on the competence of the banking sector in those countries which adopted the single currency (Bikker & Groeneveld, 2000; De Bandt & Davis, 2000); whether bank ...
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Essays on Inflation Dynamics and Monetary Policy in Currency Areas
... European Monetary Union (EMU) induced a considerable in- crease of the intra trade volumes of the member countries, due to the advantages of having the same unit of accounts and no exchange rate ...and ...
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Heterogeneous Effects of Monetary Policy
... In summary the main results that emerge from the results presented in the previous pages are the following. First heterogeneities emerge according to most of the criteria we have selected. In particular the analysis of ...
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Reforming the international monetary system
... Mexico currently operates under a managed-floating exchange rate regime which has allowed the monetary policy to target inflation. Among the drawbacks of this kind of regime, the incentives that generates for the ...
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Empirical Essays on Monetary Policy
... U.S. monetary policy has evolved in a different manner than suggested by previous ...time-varying monetary policy rules of Japan, Germany, the UK, France and ...
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Monetary Policy with Liquidity Frictions
... disinflation monetary policy leads to improvements of liquidity in the economy because the money holdings are used by the agents for wealth transfer over ...
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Monetary Policy Rules in Colombia
... Another interesting result is that the estimate of the coefficient on the output gap is positive and also statistically significant: 0.19 with a standard error of 0.06. Thus, holding constant expected inflation, a one ...
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AFRICA: DE LA OUA A LA UNION AFRICANA
... era, including Nkrumah, Nasser, Nyerere, Sekou Toure and others, had acquired the status of giants and visionaries. By contrast, the launch of the AU was sober and muted, with lit- tle incendiary rhetoric or passion. ...
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Monetary Theory and Policy
... of monetary economics from the perspective of overlapping generations are already ...in monetary economics using OLG ...in monetary economics re- quire understanding the time series behavior of ...
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Cuestionario Segunda Parte I 2018II Respuestas
... British Monetary Ortodoxy, ponen de relieve la pregunta de cuál sería la cantidad de dinero que debe tenerse como reserva de valor para enfrentar una posible crisis o las distintas fases del ciclo ...
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Análisis longitudinal de la relación entre el compromiso con el sindicato y las percepciones de apoyo y de instrumentalidad sindical en una muestra de delegados de la unión general de trabajadores
... that union commitment may be a cause rather than a consequence of the perceptions considered as its ...concerns union related variables, it is also acknowledged that favorable union attitudes may be ...
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The Politics of the Euro Edición Única
... International disagreements over monetary matters run deep (Andrews, 2004a). The relation between money and power has been neglected particularly by the realist approach to which the state is the central player in ...
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Is a “Soft” monetary authority appropriate?
... the monetary authority enjoys to achieve and maintain (or recover) an inflation rate equal to the ...the monetary authority has two objectives (inflation and output) and a single instrument (the interest ...
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