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Keywords:Europe 

Journal Article
Can trade links transmit a European crisis?

A GIIPS crisis wouldn't have too strong an effect on the U.S. economy, but an EU-wide crisis may be a serious concern.
Economic Synopses

Journal Article
Legal structure, financial structure, and the monetary policy transmission mechanism

Among the many challenges facing the new Eurosystem - the European Central Bank and the central banks of the eleven members of the European Monetary Union - is the possibility that participating countries will respond differently to interest rate changes. This paper provides evidence that differences in financial structure are the proximate cause for these national asymmetries in monetary policy transmission and that these differences in financial structure are a result of differences in legal structure. The author concludes that unless legal structures are harmonized across Europe, the ...
Economic Policy Review , Volume 5 , Issue Jul , Pages 9-28

Journal Article
Europe may provide lessons on preventing mortgage defaults

During the last global recession, house prices fell in some European countries almost as much as in some U.S. states. However, mortgage defaults occurred at a much lower rate in Europe. The authors say the difference might be explained by two regulations that apply in Europe but are used on a limited or much less restrictive basis in the U.S.
The Regional Economist , Issue July

Conference Paper
The role of central banks

Proceedings - Economic Policy Symposium - Jackson Hole

Journal Article
The changing pattern of U.S. trade: 1975-1985

Economic Review , Issue Oct , Pages 36-42

Journal Article
A look at credit default swaps and their impact on the European debt crisis

Did you know that buying a credit default swap can be like buying insurance on your neighbor?s car?and then getting paid when that neighbor has an accident? Learn the ABCs of CDS, and find out why they are so important to any discussion of the European debt crisis.
The Regional Economist , Issue Apr

Journal Article
Thinking globally: International prospects for 2002

EconSouth , Volume 3 , Issue Q4 , Pages 24-29

Journal Article
Implementing the single banking market in Europe

Financial integration of the European Community requires actions by both the EC and its member states to create a common EC-wide competitive and regulatory environment. This paper focuses on the EC's creation of the single market for retail banking services. It tracks the EC legislative process and the adoption of EC directives designed to create the single market. The study also examines some of the costs and benefits associated with the single banking market. This paper evaluates the EC's success in creating the single market by examining the rate of implementation by the member states ...
Economic Review

Working Paper
The GATT's contribution to economic recovery in post-war Western Europe

By freeing Europe's regional and international trade from tariffs and other trade barriers, the General Agreement on Tariffs and Trade (GATT) has often been hailed as a key factor in promoting the post-war economic recovery in Western Europe and in preventing a return to the disaster of the interwar period. This paper describes and assesses the contribution of the GATT in supporting economic recovery in Western Europe in the decade after 1947. The formation of the GATT by itself does not appear to have stimulated a particularly rapid liberalization of world trade during this period. It is ...
International Finance Discussion Papers , Paper 442

Conference Paper
The structure and regulation of insurance markets in Europe

Conference Series ; [Proceedings] , Volume 35 , Pages 165-198

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