This study assesses the degree of anchoring, i.e. stability, of long-term inflation expectations in the Euro area based …

equilibrium real rate using an estimated DSGE model for the euro area. We find that simple feedback rules that implement inflation …

equilibrium real rate using an estimated DSGE model for the euro area. We demonstrate that simple feedback rules that implement …

-term financial variables and of long-term rates on structural variables of listed euro firms. I thereby test if negative rates have … 4.5%. The latter positive effects arise from the southern-euro countries and Finland and France. For the first full … for small and large firms, for different sectors, and in most of the euro countries …

sectors – industry, services, construction, and agriculture – across the four largest euro area economies – Germany, France …, Italy and Spain – and the euro area as a whole. By modelling prices together with real activity, employment and wages, we …, we also allow for spillovers to the other euro area countries in our sample …

sectors - industry, services, construction, and agriculture - across the four largest euro area economies - Germany, France …, Italy and Spain - and the euro area as a whole. By modelling prices together with real activity, employment and wages, we …, we also allow for spillovers to the other euro area countries in our sample. …

The present paper is concerned with the prospect of euro adoption in Romania. The study starts from the relevant … - central bank independence and EU accession. After performing the pairwise correlations between Romania and the rest of the … that there is room for the conduct of macro policies to become more supportive to the process of euro adoption and that the …

This paper provides evidence on the reliability of euro area real-time output gap estimates. A genuine real-time data … set for the euro area is used, including vintages of several sets of euro area output gap estimates available from 1999 to … magnitude and the sign of the real-time estimates of the euro area output gap are very uncertain. The uncertainty is mostly due …

price stability in the euro area during the recent financial crisis. Using a formal measure of the balance of risks, which …