Category Archives: financial stability

Finally, some good economic news from the Eurozone – but will it last?

Finally, good news from the Eurozone. Unemployment rates fell to 9.5% in February 2017. According to Eurostat, this is the lowest rate since May 2009. The 19 countries that have adopted the common currency are thus returning back to the unemployment level … Continue reading

Posted in Euro crisis, Europe, financial crisis, financial stability | Tagged , , ,

Impressions from the Jean Monnet Workshop “Financial Globalization and its Spillovers”

Links to the videos of the keynote speeches by Benoît Cœuré and Barry Eichengreen and the subsequent panel discussions can be found here. Moreover, links to the workshop website, the speeches and some foto impressions can also be found here. The … Continue reading

Posted in Euro crisis, Europe, financial globalization, financial stability, Uncategorized | Tagged , , ,

Benoît Cœuré on Euro Area Exit Options

Reuters titles “Letting countries leave euro zone would break ECB policy: Coeure” in their coverage of the event  “25 Years after Maastricht: The Future of Money and Finance in Europe“, held at Maastricht University on February 16, 2017, which was part of the … Continue reading

Posted in Euro crisis, Europe, financial crisis, financial globalization, financial stability, Uncategorized | Tagged , , ,

Upcoming Jean Monnet Workshop “Financial Globalization and its Spillovers”

On 16-17 February a top-level Jean Monnet workshop on “Financial globalization and its spillovers -monetary and exchange rate policy in times of crises” will take place at TH Köln, organized by Harald Sander, Ansgar Belke, Joscha Beckmann and Stefanie Kleimeier. The workshop … Continue reading

Posted in Euro crisis, Europe, financial globalization, financial stability | Tagged , ,

Rebalancing EU governance could help rebuild support for the EU

The impact of Brexit on the future of the EU lies in the hands of European policymakers. In a best case scenario, Brexit will serve as a forceful push toward reforming European governance. The British vote has highlighted the political … Continue reading

Posted in Brexit, Euro crisis, Europe, financial stability, fiscal policy, Uncategorized | Tagged , , ,

New Research Paper: The Resurgence of Cultural Borders during the Financial Crisis: The Changing Geography of Eurozone Cross-Border Depositing

This paper, jointly written with Stefanie Kleimeier and Sylvia Heuchemer, has just been published by the Journal of Financial Stability 24(2016) and can be dowloaded here (free access until June 23, 2016). The paper investigates the impact of cultural borders … Continue reading

Posted in culture, Euro crisis, financial crisis, financial stability, retail banking, Uncategorized | Tagged , , , ,

New Working Paper: Deposit Insurance in Times of Crises: Safe Haven or Regulatory Arbitrage?

In a new working paper, co-authered with Stefanie Stefanie Kleimeier and Shusen Qi, we examine the impact of deposit insurance (DI) schemes on bilateral cross-border deposits. Our results suggest that not only the existence of explicit DI, but also DI design features, which reflect … Continue reading

Posted in financial crisis, financial stability, global banking, retail banking | Tagged , ,