In the context of capability economies to adapt their strategies in response changing economic circumstances, this paper examines resilience crises and disturbances Eurozone member countries accordance with priorities European Commission for development. Given that significant discrepancies were noted success growth developed years after last financial crisis, i.e., recover from 25 variables in...

The finance literature provides substantial evidence on the dependence between international bond markets across developed and emerging countries. Early works in this area were based linear models multivariate GARCH models. However, limitations of these paper re-examines non-linearity, tail structure government US, UK, Japan, Germany, Canada, France, Italy, Australia Eurozone, from January 1970...

We study the effect of public debt on economic growth for annual and 5-year average growth rates, as well as the existence of non-linearity effects of debt on growth for 14 European countries from 1970 until 2012. We also consider debt-to-GDP ratio interactions with various subsets of monetary, public finance, institutional and macroeconomic variables. Our results show a maximum negative impact...

E-Companion of “Asset Pricing with Spatial Interaction” by Steven Kou, Xianhua Peng, and Haowen Zhong The E-Companion is organized as follows. Section EC.1 presents the mean-variance analysis with spatial interaction. Section EC.2 gives the proof of the S-CAPM theorem when there is a risk-free asset and when there is no risk free asset. The proof of the S-APT theorems is given in Section EC.3. ...

Purpose: The aim of the paper is to address situation in Eurozone commercial banks’ sector during pandemic and mechanisms COVID-19 impact on sector. It discusses decline profitability because pandemic, growth non-performing loans (NPLs) banking sectors some member countries, as well management situation. Design/Methodology/Approach: literature review meta-synthesis from extant studies was used....

This paper discusses the mediumto long-term perspectives for the Irish banking system. Consistent with the finance-growth literature, financial deepening had a limited impact on growth in Ireland before the crisis and cannot be expected to contribute significantly over the shortto medium-term. The paper documents that, compared to its benchmark, the Irish banking system is still very unbalanced...