of 'leaning against the wind'. In this study, we make use of a sample of 17 OECD industrialised countries and the euro …

paper re-investigates the stability properties of M3 demandin the euro area in the light of the recent economic crisis. A …

investigated for the euro area in a nonlinear model framework. This choice is motivated by the idea that the linkages between these … acceleration of house prices in the euro area …

, this paper re-investigates the stability properties of M3 demand in the euro area in the light of the recent economic …

between inflation and real GDP. This study attempts to shed more light on the specific shape of this relationship for the euro …-linear effects in the euro area. As a by-product, and seemingly the novel contribution, of this paper, the methods used allow for the …

inflation and real GDP. This study tries to shed more light on the concrete shape of this relationship for the euro area and …-linear effects in the euro area. As a by-product, the methods used allow for a quantification of the point of switch across the …