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Foreign bank ownership and income inequality : empirical evidence
(15.02.2020)
Applied Economics 11 ; March
Applied Economics 11 ; March
Using country-level panel data over 1995–2013 on within-country income inequality and foreign bank presence, this paper establishes a positive relation between the two, running from higher foreign bank presence to income ...
Euro-area business confidence and COVID-19
(04.03.2022)
Applied Economics 43 ; 2022
Applied Economics 43 ; 2022
I study the effects of the COVID-19 pandemic on business confidence in 11 Euro area countries and its impact on economic activity. To obtain causal effects, I instrument business confidence with domestic household confidence ...
Debt limits and monetary policy during the euro area crisis
(11.10.2022)
Applied Economics 39
Applied Economics 39
We study the debt limits of non-financial firms, and the influence of monetary policy via this channel during the global financial crisis in the euro area. The estimations indicate that monetary policy was initially effective ...