The Euro’s Three Crises
By Jay C. Shambaugh. 2012
369 citations recorded by the source corpus.
Subfields: Finance
View Paper: https://www.semanticscholar.org/paper/2a637a65a6fb4450a75ebf751fed6b974f86017f
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Finance
- P. Hall
- Wasim Ahmad
- S. Sehgal
- N. Bhanumurthy
- Frank Schimmelfennig
- A. Nölke
- Walid Mensi
- Shawkat Hammoudeh
Citations in the corpus
- Varieties of Capitalism and the Euro Crisis (2014, background): “13 embedded within the Euro crisis are three distinct economic crises (Shambaugh 2012).”
- European Monetary Integration and the Incompatibility of National Varieties of Capitalism (2016, neutral): “The competitiveness argument focuses on how current account imbalances led to crisis exposure in EMU’s periphery countries (Obstfeld and Rogoff, 2009; Belke and Dreger, 2011; Shambaugh et al., 2012).”
- The Economics and Politics of the Euro Crisis (2012, background): “Moreover, the austerity programmes designed to restore fiscal balance in these economies faltered, as the denominator in the ratio of debt to GDP dropped faster than the numerator in most of them.(32) The impact of the crisis on European integration has been broadly negative.”
- Systemic Banking Crises Database II (2013, neutral): “…to the information contained in our database, we refer the reader to the following studies and reports for further details on each crisis: Bakker and Klingen (2012) and Åslund (2009) for Ukraine; and Lane (2012), Shambaugh (2012), Mody and Sandri (2012), and Obstfeld (2013) for the European crisis.”
- Eurozone crisis and BRIICKS stock markets: Contagion or market interdependence? (2013, methodology): “3 Shambaugh (2012) uses this acronym to represent the five troubled economies of Eurozone.”
- The Portuguese Slump and Crash and the Euro Crisis (2013, neutral): “Understanding what has been happening in Europe—and the European periphery in particular—is one of the great challenges facing macroeconomists today (Shambaugh 2012).”
- Real Exchange Rate Misalignments in the Euro Area (2020, neutral): “Moreover, Mussa (1986) and Shambaugh (2012) find that episodes in which real exchange rates depreciate absent a nominal depreciation are extremely rare in the presence of low inflation.”