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The scars of supply shocks
Fornaro, Luca; Wolf, Martin - 2020
Persistent link: https://www.econbiz.de/10012318805
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Is a global recession imminent?
Guénette, Justin Damien; Kose, M. Ayhan; Sugawara, Naotaka - 2022
Persistent link: https://www.econbiz.de/10013382332
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The Irish economy during the century after Partition
Ó Gráda, Cormac; O'Rourke, Kevin Hjortshøj - 2021
Persistent link: https://www.econbiz.de/10012498899
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Macroeconomic effects of carbon transition policies : an assessment based on the ECB's New Area-Wide Model with a disaggregated energy sector
Coenen, Günter; Lozej, Matija; Priftis, Romanos - 2023
that increasing euro area carbon taxes to an interim target level consistent with the transition to a net-zero economy …
Persistent link: https://www.econbiz.de/10014315252
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Dispelling the shadow of fiscal dominance? : fiscal and monetary announcement effects for euro area sovereign spreads in the corona pandemic
Havlik, Annika; Heinemann, Friedrich; Helbig, Samuel; … - 2021 - This version: June 2021
We use event study regressions to compare the impact of EU monetary versus fiscal policy announcements on government bond spreads of ten euro member countries. Our motivation is to evaluate which of the two players - the ECB or the EU fiscal level - has been more crucial for the stabilization of...
Persistent link: https://www.econbiz.de/10012534642
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Tracking growth in the euro area subject to a dimensionality problem
Comunale, Mariarosaria; Mongelli, Francesco Paolo - 2021
We investigate which variables have supported growth in the euro area over the last 30 years. This is a challenging task due to dimensionality problems: a large set of potential determinants, limited data, and the prospect that some variables could be non-stationary. We assemble a set of 35...
Persistent link: https://www.econbiz.de/10012625874
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Global growth on life support? : the contributions of fiscal and monetary policy since the global financial crisis
Baumann, Ursel; Lodge, David; Miescu, Mirela S. - 2019
This paper compares the role of monetary and fiscal policy shocks in advanced and emerging economies. Using a model with a hierarchical structure we capture the variability of GDP response to policy shocks both between and within the groups of advanced and emerging countries. Our results provide...
Persistent link: https://www.econbiz.de/10011987115
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Global stagflation
Ha, Jongrim; Kose, M. Ayhan; Ohnsorge, Franziska - 2022
Persistent link: https://www.econbiz.de/10013262657
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COVID-19 coronavirus and macroeconomic policy
Fornaro, Luca; Wolf, Martin - 2020
Persistent link: https://www.econbiz.de/10012217402
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The political economy under monetary union: has the euro made a difference?
Fratzscher, Marcel; Stracca, Livio - 2008
Economic and Monetary Union (EMU) has transformed Europe and has created an integrated pan-European economy. Much … political economy channel of EMU as the monetary union implies that member states had to transfer or at least curtail their … impact of political shocks on the domestic economy of member states but magnified the transmission of political shocks within …
Persistent link: https://www.econbiz.de/10003794175