Georgiadis, Georgios; Mösle, Saskia - 2019
usefulness of ECB-Global and DCP for policy analysis, we explore the implications of the Euro rivaling the US dollar as a second …, while those from euro area shocks are amplified; domestic euro area monetary policy effectiveness is hardly affected by the …" (DCP) into ECB-Global, the ECB's macroeconomic model for the global economy. To our knowledge, this is the first attempt to …