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  1. Measuring redenomination risks in the Euro area
    new evidence from survey data
    Autor*in: Klose, Jens
    Erschienen: [2019]
    Verlag:  Philipps-University Marburg, School of Business and Economics, Marburg

    This article introduces a new indicator to measure redenomination risks in Euro area countries. The measure is based on survey data. The influence of this indicator in determining sovereign bond yield spreads is tested using an ARDL-approach. The... mehr

    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DS 102
    keine Fernleihe

     

    This article introduces a new indicator to measure redenomination risks in Euro area countries. The measure is based on survey data. The influence of this indicator in determining sovereign bond yield spreads is tested using an ARDL-approach. The results for ten EMU countries in the period June 2012 to January 2018 show that the risk of a depreciation is almost abandoned for Euro area countries, i.e. the former crisis countries Ireland and Portugal. If anything an appreciation may occur for some countries once they leave the EMU. The only countries facing depreciation problems once leaving the monetary union are Italy and to some extent Spain.

     

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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/200666
    Schriftenreihe: Joint discussion paper series in economics ; no. 2019, 03
    Schlagworte: Redenomination Risk; Euro Area; Exit
    Umfang: 1 Online-Ressource (circa 34 Seiten), Illustrationen
  2. Measuring redenomination risks in the Euro area
    new evidence from survey data
    Autor*in: Klose, Jens
    Erschienen: 2019
    Verlag:  Verein für Socialpolitik, [Leipzig]

    This article introduces a new indicator to measure redenomination risks in Euro area countries. The measure is based on survey data. The influence of this indicator in determining sovereign bond yield spreads is tested using an ARDL-approach. The... mehr

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    ZBW - Leibniz-Informationszentrum Wirtschaft, Standort Kiel
    DSM 13
    keine Fernleihe

     

    This article introduces a new indicator to measure redenomination risks in Euro area countries. The measure is based on survey data. The influence of this indicator in determining sovereign bond yield spreads is tested using an ARDL-approach. The results for ten EMU countries in the period June 2012 to May 2019 show that the risk of a depreciation is almost abandoned for most Euro area countries, i.e. the former crisis countries Ireland and Portugal. If anything an appreciation may occur for some countries once they leave the EMU. The only countries facing depreciation problems once leaving the monetary union are Italy and to some extent Spain.

     

    Export in Literaturverwaltung   RIS-Format
      BibTeX-Format
    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/203484
    Schriftenreihe: Array ; Array
    Schlagworte: Redenomination Risk; Euro Area; Exit
    Umfang: 1 Online-Ressource (circa Seiten), Illustrationen
  3. The term structure of redenomination risk
    Erschienen: 2018
    Verlag:  Deutsches Institut für Wirtschaftsforschung (DIW), Berlin

    Export in Literaturverwaltung   RIS-Format
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    Quelle: Verbundkataloge
    Sprache: Englisch
    Medientyp: Buch (Monographie)
    Format: Online
    Weitere Identifier:
    hdl: 10419/180639
    Schriftenreihe: DIW Discussion Papers ; 1740
    Schlagworte: Zinsstruktur; Bundesanleihe; Konsol; Staatsanleihe; Zwangsanleihe; Risiko
    Weitere Schlagworte: (stw)Zinsstruktur; (stw)Öffentliche Anleihe; (stw)Risiko; (stw)Eurozone; (stw)Deutschland; (stw)Frankreich; (stw)Italien; jel:E44; jel:F31; jel:F33; jel:F45; jel:G12; jel:G14; Euro Crisis; Redenomination Risk; Yield Curve; ECB Interventions; Graue Literatur
    Umfang: Online-Ressource