's prosperity. The paper focuses on political events in Italy over the past 35 years and asks whether the adoption of the euro in …'s financial markets throughout the 1970s, 1980s and 1990s. The introduction of the euro appears to have indeed played a major role …

This paper is an event study focusing on the global effects of the euro debt crisis in 2010-2013. After identifying 18 … advanced and 13 emerging countries. The main effect of euro debt crisis events is a rise in global risk aversion accompanied by …

the euro area. Equally importantly, economies with a weaker track record in terms of economic and institutional quality … adverse political developments at home, a potential drawback is that it may provide weaker market discipline for domestic …

In this paper we address the question on whether EMU has amplified or dampened intra euro area divergencies, by looking … at a time-varying VAR model of Italy's relative performance compared with the rest of the euro area, spanning from 1976 …

in the euro area. First, it establishes some stylised facts concerning key variables in the housing market, such as the …The paper provides a systematic empirical analysis of the role of the housing market in the macroeconomy in the US and …, (ii) credit supply and (iii) housing demand shocks on the housing market and the broader economy. We find that …

predicting euro area inflation. Excess liquidity is measured as the difference between the actual money stock and its fundamental …

This paper explores the long run relationship between public and private investment in the euro area in terms of … investment might have restricted private investment and GDP growth in the euro area. The results have strong implications for the … future direction of fiscal austerity programs to combat the euro area debt crisis. …