This paper provides evidence on whether the creation of the euro has changed the way global turbulences affect euro … area and other economies. Specifically, it considers the impact of global shocks on the competitiveness of individual euro … over 60 countries' real effective exchange rates, including those of the individual euro area economies, and compares …

The main objective of this paper is to study whether the introduction of the euro had an impact on the degree of … and Eurozone risk) on Government bond returns, in the two groups of countries (EMU and non-EMU) in EU-15. Our empirical … evidence suggests that the impact of the introduction of the euro on the degree of integration of European Government bond …

In this paper, we explore the role of labor markets for monetary policy in the euro area in a New Keynesian model in … into monitoring euro area wage dynamics and which appears to treat some of the other labor market information as less …

sentiment and consumption expenditures for the United States and the euro area. It shows under which circumstances confidence … transmission of shocks, as U.S. confidence indices lead consumer sentiment in the euro area …

We assess the yield impact of asset purchases within the ECB's Securities Markets Programme in five euro area sovereign …

(2012) estimated on euro area data. It investigates to what extent forecasts of inflation, GDP growth and unemployment by …

We study state dependence in the impact of monetary policy shocks over the leverage cycle for a panel of 10 euro area …