Fadejeva, Ludmila; Feldkircher, Martin; Reininger, Thomas - 2015
We examine the international effects of adverse loan supply and aggregate demand shocks originating in the euro area … shocks in the euro area and in the U.S.A. Last, historical decompositions of deviations from trend growth show that for the … euro area developments, foreign shocks originating in the U.S.A., the UK and the CESEE and CIS regions feature most …