Academic Journal

European Exchange Rate Adjustments in Response to COVID-19, Containment Measures and Stabilization Policies

التفاصيل البيبلوغرافية
العنوان: European Exchange Rate Adjustments in Response to COVID-19, Containment Measures and Stabilization Policies
المؤلفون: Klose, Jens
المساهمون: Wirtschaftswissenschaften, Fachbereich Wirtschaftswissenschaften
المصدر: MAGKS - Joint Discussion Paper Series in Economics
بيانات النشر: Philipps-Universität Marburg
سنة النشر: 2022
المجموعة: Philipps-Universität Marburg: Publications
مصطلحات موضوعية: Economics, Wirtschaft, ddc:330, Europe, COVID-19, panel VAR, stabilization policies, containment measures, Exchange rates
الوصف: This paper estimates the effects of nine exchange rates for european coun- tries vis-a-vis the Euro in the COVID pandemic. Using data on COVID cases, three containment and two stabilization measures relative to the euro area counterparts, it is shown that a more severe spread of the virus leads to a depreciation of the domestic currency. The same holds with respect to stricter movement restrictions, health care measures and more supportive monetary policies. More expansionary fiscal policies by the domestic country on the other hand lead to an appreciation of the currency. Two extensions show that the results differ with respect to whether the country is a scandinavian or eastern european country and whether the euro area countries or the other european countries introduce the measures.
نوع الوثيقة: article in journal/newspaper
اللغة: English
Relation: https://doi.org/10.17192/es2024.0729
DOI: 10.17192/es2024.0729
الاتاحة: https://doi.org/10.17192/es2024.0729
Rights: https://creativecommons.org/publicdomain/mark/1.0
رقم الانضمام: edsbas.28C78926
قاعدة البيانات: BASE