We use an original monthly dataset of 131 individual euro area banks to examine the effectiveness and transmission …

turning points in the Euro-zone using the Neftçi's approach. The output is a probability index for a forthcoming economic …

converging for the non-financial corporate sector across the euro area. Whilst we find evidence for complete bond market …

We analyse the bank interest rate pass-through in the euro area for the period 1999:1 - 2009:11, relating market … seven interest rate categories and ten euro area countries and find that the interest rate pass-through displays substantial …

Using parametric and non-parametric estimation techniques, we analyze the sustainability of the recently growing … current account imbalances in the euro area and test whether the European Monetary Union has aggravated these imbalances. Two …, respectively. Variants of both test procedures with varying coefficients using penalized splines estimation are applied. We find …

activity is unlikely to remain as buoyant in 2011. As a result of the slowdown in the world economy, the crisis in the euro …