Essays about: "GIIPS"

Showing result 1 - 5 of 7 essays containing the word GIIPS.

1. 1. Z-Altman's model effectiveness in bank failure prediction-The case of European banks

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Charalampos-Orestis Manousaridis; [2017]
   Keywords : European banks; financial health; prediction models; multivariate discriminant analysis; Z-score model; Altman; Business and Economics;

   Abstract : The corporate bankruptcy is a significant problem for economy since it is considered as a limiting factor for economic growth. The financial crisis that broke out in USA on 2007 as a result of miscalculated subprime mortgage strategies turn into a full international banking crisis affecting successively the European banks, especially those of South European countries. READ MORE

3. 2. The Crime of Fiscal Neglect and Punishment of High Rates – A Panel Study for EMU

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Victor Ahlqvist; [2016]
   Keywords : EMU; Long-term Interest Rates; Government Debt; Fiscal Deficits; GIIPS; Business and Economics;

   Abstract : This paper examines long-term interest rates and fiscal liabilities within EMU in the context of the recent sovereign debt crisis; where Greece, Ireland, Italy, Portugal and Spain faced rising interest rates in contrast to the rest of the EMU. An assessment of the short and long-run properties of long rates, fiscal deficits and government debt are estimated for 11 EMU countries in the time span 1999-2015. READ MORE

4. 3. Volatility and Contagion Effect from US and GIIPS to the Largest European Economies

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Nerea Landa Vallejo; [2016]
   Keywords : contagion; GIIPS; subprime; eurozone; spillover; Business and Economics;

   Abstract : This research paper explores the nature of the mean and volatility spillovers from the US and aggregate GIIPS to the largest GDP countries for the EMU and non-EMU countries. I develop a three step univariate volatility spillover model followed by Christiansen (2007) and Ng (2000) to analyze the relevance of local (own country), regional (aggregate GIIPS) and global (US) shocks. READ MORE

5. 4. Analyzing the Effect of Internal Devaluation Policies on European Export Demand – A Panel Analysis on Industry Level

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Philipp Danninger; [2015]
   Keywords : Internal devaluation; export demand; unit labour costs; industry level; gravity model; Business and Economics;

   Abstract : After the outbreak of the financial crisis in Europe in 2008, the strategies to antagonize its con-sequences, involved the implementation of internal devaluation policies such as nominal wage suppressions. The effectiveness of these policies has undergone various studies with rather negative criticism and evaluation. READ MORE

6. 5. The impact of debt crisis on export performance

   University essay from Lunds universitet/Nationalekonomiska institutionen

   Author : Panagiota Lampropoulou; [2014]
   Keywords : debt crisis; GIIPS; OECD; export performance; gravity model; Business and Economics;

   Abstract : Abstract The purpose of this essay is to empirically examine the impact of euro debt crisis in Greece, Ireland, Italy, Portugal and Spain in terms of their trade patterns relative to the export performance of OECD countries. Panel data for 34 OECD countries are investigated with fixed effects within a gravity model framework for period 1992-2012. READ MORE