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This is on a highly topical issue and addresses a key policy issue for Europe—namely, reinforcing EMU institutional architecture along with the Bank...
Heightened uncertainty since the onset of the Great Recession has materially increased saving rates, contributing to lower consumption and GDP growth....
We create a network of bilateral correlations of changes in sovereign bond yields and individual bank equity price changes since 2000. We extract some...
There is much speculation regarding a “race for dominance” among financial centers in Asia, arising from the anticipated financial opening up of C...
This paper assesses the implications of Chinese capital account liberalization for capital flows. Stylized facts from capital account liberalization i...