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euro area and for supervising all euro area banks in order to ensure their safety and soundness, some directly and some …
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This paper presents an approach to a macroprudential stress test for the euro area banking system, comprising the 91 … largest euro area credit institutions across 19 countries. The approach involves modelling banks'reactions to changing … acknowledging a broad set of interactions and interdependencies between banks, other market participants, and the real economy. Our …
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, as well as specific aspects of this policy area in a monetary union such as the euro area. The ECB's responsibilities …
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Structural policies in the euro area are of great interest for the Eurosystem, particularly as they can support the … broad definition of structural policies, analysing not only the benefits of efficient labour, product and financial market … opportunities for enhanced structural policies in EU and euro area countries which can yield substantial gains by boosting long …
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