The Changing Growth Pattern in the Spanish Economy Driven by the Eurosystem: from Poor Supervision to Conditionality on the Provision of Central Bank Reserves
Author
Abstract
Suggested Citation
Download full text from publisher
References listed on IDEAS
- Buiter, Willem & Sibert, Anne, 2005. "How the Eurosystem?s Treatment of Collateral in its Open Market Operations Weakens Fiscal Discipline in the Eurozone (and what," CEPR Discussion Papers 5387, C.E.P.R. Discussion Papers.
- Guntram B. Wolff, 2014. "Eurosystem collateral policy and framework- Was it unduly changed?," Policy Contributions 857, Bruegel.
- Daniela Gabor & Cornel Ban, 2016. "Banking on Bonds: The New Links Between States and Markets," Journal of Common Market Studies, Wiley Blackwell, vol. 54(3), pages 617-635, May.
- Sergio Cesaratto, 2013.
"The implications of TARGET2 in the European balance of payments crisis and beyond,"
European Journal of Economics and Economic Policies: Intervention, Edward Elgar Publishing, vol. 10(3), pages 359-382.
- Sergio Cesaratto, 2013. "The implications of TARGET2 in the European balance of payment crisis and beyond," Department of Economics University of Siena 681, Department of Economics, University of Siena.
- Eladio Febrero & Ignacio Álvarez & Jorge Uxó, 2019. "Current Account Imbalances or Too Much Bank Debt as the Main Driver of Gross Capital Inflows? Spain During the Great Financial Crisis," Journal of Economic Issues, Taylor & Francis Journals, vol. 53(4), pages 1126-1151, October.
- Blyth, Mark, 2013. "Austerity: The History of a Dangerous Idea," OUP Catalogue, Oxford University Press, number 9780199828302.
- Eckhard Hein & Daniel Detzer, 2015. "Post-Keynesian Alternative Policies to Curb Macroeconomic Imbalances in the Euro Area," Panoeconomicus, Savez ekonomista Vojvodine, Novi Sad, Serbia, vol. 62(2), pages 217-236, June.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Ricardo Cabral & Francisco Louçã, 2019.
"The euro at twenty: Follies of youth?,"
Revista de Economia Critica, Asociacion de Economia Critica, vol. 27, pages 59-69.
- Ricardo Cabral & Francisco Louçã, 2019. "The euro at twenty: Follies of youth?," Working Papers Department of Economics 2019/02, ISEG - Lisbon School of Economics and Management, Department of Economics, Universidade de Lisboa.
- Steininger, Lea & Hesse, Casimir, 2024. "Buying into new ideas: The ECB’s evolving justification of unlimited liquidity," Department of Economics Working Paper Series 357, WU Vienna University of Economics and Business.
- J. Barthélemy & V. Bignon & B. Nguyen, 2018. "Monetary Policy and Collateral Constraints since the European Debt Crisis," Working papers 669, Banque de France.
- Christophe Blot & Jérôme Creel & Paul Hubert, 2018.
"The effect and risks of ECB collateral framework changes,"
SciencePo Working papers Main
hal-03475456, HAL.
- Christophe Blot & Jérôme Creel & Paul Hubert, 2018. "The effect and risks of ECB collateral framework changes," Working Papers hal-03475456, HAL.
- Lea Steininger & Casimir Hesse, 2024. "Buying into new ideas: The ECB’s evolving justification of unlimited liquidity," Department of Economics Working Papers wuwp357, Vienna University of Economics and Business, Department of Economics.
- Jakob Vestergaard & Daniela Gabor, 2021. "Central Banks Caught Between Market Liquidity and Fiscal Disciplining: A Money View Perspective on Collateral Policy," Working Papers Series inetwp170, Institute for New Economic Thinking.
- Jakob Korbinian Eberl, 2016. "The Collateral Framework of the Eurosystem and Its Fiscal Implications," ifo Beiträge zur Wirtschaftsforschung, ifo Institute - Leibniz Institute for Economic Research at the University of Munich, number 69.
- Gabor, Daniela & Braun, Benjamin, 2023. "Green macrofinancial regimes," SocArXiv 4pkv8, Center for Open Science.
- repec:hal:spmain:info:hdl:2441/4hi059h9n59cr91qdfgmoo2o3c is not listed on IDEAS
- Giordano, Matteo & Goghie, Alexandru-Stefan, 2023. "From Policy to Regime: the changing posture of the ECB between liquidity and collateral through the lens of Monetary Regime," SocArXiv rw3ms, Center for Open Science.
- Luque, Jaime, 2022. "The repo channel of cross-border lending in the European sovereign debt crisis," Journal of Financial Markets, Elsevier, vol. 59(PA).
- repec:spo:wpmain:info:hdl:2441/4hi059h9n59cr91qdfgmoo2o3c is not listed on IDEAS
- Karsten Kohler, 2020. "Gross capital flows and the balance-of-payments: a balance sheet perspective," Working Papers PKWP2019, Post Keynesian Economics Society (PKES).
- Eladio Febrero & Jorge Uxó & Óscar Dejuán, 2015. "The ECB During the Financial Crisis. Not so Unconventional!," Metroeconomica, Wiley Blackwell, vol. 66(4), pages 715-739, November.
- Achim Truger, 2015. "Implementing the golden rule for public investment in Europe," Working Paper Reihe der AK Wien - Materialien zu Wirtschaft und Gesellschaft 138, Kammer für Arbeiter und Angestellte für Wien, Abteilung Wirtschaftswissenschaft und Statistik.
- Jörg Bibow, 2018.
"How Germany’s anti-Keynesianism has brought Europe to its knees,"
International Review of Applied Economics, Taylor & Francis Journals, vol. 32(5), pages 569-588, September.
- Jorg Bibow, 2017. "How Germany's Anti-Keynesianism Has Brought Europe to Its Knees," Economics Working Paper Archive wp_886, Levy Economics Institute.
- Bindseil, Ulrich & Corsi, Marco & Sahel, Benjamin & Visser, Ad, 2017. "The Eurosystem collateral framework explained," Occasional Paper Series 189, European Central Bank.
- Reto Bürgisser & Donato Di Carlo, 2023. "Blessing or Curse? The Rise of Tourism‐Led Growth in Europe's Southern Periphery," Journal of Common Market Studies, Wiley Blackwell, vol. 61(1), pages 236-258, January.
- Karsten Kohler & Engelbert Stockhammer, 2022.
"Growing differently? Financial cycles, austerity, and competitiveness in growth models since the Global Financial Crisis,"
Review of International Political Economy, Taylor & Francis Journals, vol. 29(4), pages 1314-1341, July.
- Karsten Kohler & Engelbert Stockhammer, 2020. "Growing differently? Financial cycles, austerity, and competitiveness in growth models since the Global Financial Crisis," Working Papers PKWP2008, Post Keynesian Economics Society (PKES).
- Mark Setterfield, 2024.
"Managing the Discontent of the Losers Redux: A Future of Authoritarian Neoliberalism or Social Capitalism?,"
FMM Working Paper
98-2024, IMK at the Hans Boeckler Foundation, Macroeconomic Policy Institute.
- Mark Setterfield, 2024. "Managing the Discontent of the Losers Redux: A Future of Authoritarian Neoliberalism or Social Capitalism?," Working Papers 2401, New School for Social Research, Department of Economics.
- Fraccaroli, Nicolò & Giovannini, Alessandro & Jamet, Jean-François & Persson, Eric, 2022. "Ideology and monetary policy. The role of political parties’ stances in the European Central Bank’s parliamentary hearings," European Journal of Political Economy, Elsevier, vol. 74(C).
- Ivo Arnold, 2021. "An Interest Stabilisation Mechanism to Unburden the ECB," Intereconomics: Review of European Economic Policy, Springer;ZBW - Leibniz Information Centre for Economics;Centre for European Policy Studies (CEPS), vol. 56(5), pages 274-277, September.
More about this item
Keywords
ECB; Bank supervision; export-led growth pattern; unconventional monetary policy;All these keywords.
JEL classification:
- E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
- E42 - Macroeconomics and Monetary Economics - - Money and Interest Rates - - - Monetary Sytsems; Standards; Regimes; Government and the Monetary System
- E58 - Macroeconomics and Monetary Economics - - Monetary Policy, Central Banking, and the Supply of Money and Credit - - - Central Banks and Their Policies
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:awu:journl:v:14:y:2020:i:2:p:179-201. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Maria Cristina Barbieri Goes (email available below). General contact details of provider: https://www.bulletinofpe.com/ .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.