unconventional monetary policy shocks along with an `information shock'. In this paper we show that HF surprises in the Euro Area … policy in the Euro Area after the Global Financial Crisis. Identification-robust confidence sets computed from Local … causal effects produced by the three monetary policy shocks using a proxy-SVAR estimated on daily data, whose external …

In the euro area, monetary policy is conducted by a single central bank for 19 member countries. However, countries are … network to assess whether the European Central Bank (ECB) conducted monetary policy between 2002 and 2022 according to the …

We investigate the factors driving current account and monetary policy developments in the euro area. We estimate an … provide evidence for spillovers to the euro area from US preference shocks and US interest rate policy shocks. …

The ECB’s low interest rate policy has contributed to a sharp increase in residential property prices in many euro area …’s Harmonized Index of Consumer Prices (HICP), the ECB’s basis for its monetary policy, does not take residential property prices …

The ECB's low interest rate policy has contributed to a sharp increase in residential property prices in many euro area …'s Harmonized Index of Consumer Prices (HICP), the ECB's basis for its monetary policy, does not take residential property prices …