Showing 1 - 10 of 19
We demonstrate that average interest rates in the EMU countries in 1990-98, with the exception of the period of …
Persistent link: https://www.econbiz.de/10005791463
Persistent link: https://www.econbiz.de/10014492050
I estimate a reaction function for the ECB using an ordered logit model for the period 1999-2009. Allowing for a smooth …
Persistent link: https://www.econbiz.de/10009003372
We explore whether the ECB’s interest rate setting behaviour changed during the financial crisis by estimating reaction … a swift change in the months following the collapse of Lehman brothers. The ECB appears to have cut rates more …
Persistent link: https://www.econbiz.de/10010793989
We study ECB’s interest rate setting in 1999-2010 using a reaction function in which forecasts of future economic …
Persistent link: https://www.econbiz.de/10009150953
of its existence. We detect a similar, but less pronounced upturn in trust in the ECB during the recovery. Our …
Persistent link: https://www.econbiz.de/10011984438
the European Central Bank (ECB) have evolved in these three countries since their introduction at the turn of the century … in Sweden. Since the start of the crisis, trust in the ECB was strongly influenced by the pronounced increase in … unemployment in the euro area, demonstrating that the ECB was held accountable for macroeconomic developments. Our results indicate …
Persistent link: https://www.econbiz.de/10012268758
This paper explores the evolution and determinants of public support for the euro since its creation in 1999 until the end of 2017, thereby covering the pre-crisis experience of the euro, the crisis years and the recent recovery. Using uniquely large macro and micro databases and applying...
Persistent link: https://www.econbiz.de/10013208809
This chapter examines the evolution of public support for the euro and public trust in the European Central Bank (ECB … a sharp fall in trust in the ECB. The recent economic recovery has strengthened support for the euro as well as trust in … the ECB. We suggest that support for the euro as a medium of exchange was not strongly affected by the crisis, while trust …
Persistent link: https://www.econbiz.de/10013208851
the European Central Bank (ECB) have evolved in these three countries since their introduction at the turn of the century … in Sweden. Since the start of the crisis, trust in the ECB was strongly influenced by the pronounced increase in … unemployment in the euro area, demonstrating that the ECB was held accountable for macroeconomic developments. Our results indicate …
Persistent link: https://www.econbiz.de/10013208882