information sets with data relevant to euro area inflation. Our analysis of survey responses reveals several interesting results … stability, which acted as a focal point for long-term expectations. Second, the turmoil in euro area bond markets triggered by …-term expectations. By contrast, longterm expectations did not react to developments of the euro area wide fiscal burden. Third …

information sets with data relevant to euro area inflation. Our analysis of survey responses reveals several interesting results … stability, which acted as a focal point for long-term expectations. Second, the turmoil in euro area bond markets triggered by …-term expectations. By contrast, long-term expectations did not react to developments of the euro area wide fiscal burden. Third …

-time experiment shows that real M1 can improve output gap estimates for euro area data. For many periods the cyclical component of …

that stress in the eurozone is mainly due to different trend growth rates and that for most of the Euro-zone countries …

euro area in terms of frequency content and phasing of cycles. The methodology uses the continuous wavelet transform (CWT … phasing between the three core members of the euro area (France, Germany and Italy) have increased since the launch of the … euro …

phase angle is illustrated with a scale-dependent examination of business cycle synchronization between 11 euro zone member … countries. The study is supplemented with wavelet analysis of variance and covariance of the euro zone business cycles. The … wavelet evidence on dating the Great Moderation in the euro zone …