We evaluate how the euro area economy would have performed since mid-2021 under alternative monetary policy strategies …

in its underlying objective: establishing a single banking market in the euro area. This goal is now more important than …

How do the business cycle effects of loan supply shocks depend on the state of prudential regulation in the euro area … evolution of the regulatory stance in the euro area. Using sign restrictions in a local projections framework with state … historical development of prudential regulation in the euro area, which is primarily characterized by prudential tightening. …

reduce the fiscal deficit and public debt) in euro area (EA) countries. The focus is on analysing the growth effects of …

2002Q1 to 2021Q4, with 16 Euro Area (EA) countries. We found that a budget balance expansionary shock in Germany would …