Monetary growth in the euro area has exceeded its target since several years. At the same time, the money demand …

This paper explores the long-term relationship between public and private investment in the euro area. A stock … investment. Thus, the lack of public investment may have been restricting private investment and GDP growth in the euro area. …

Money growth in the euro area has exceeded its target since 2001. Likewise, recent empirical studies did not find …, a rise in the income elasticity after 2001 is taken into account. The break might be linked to the introduction of euro …

Monetary growth in the euro area has exceeded its target since several years. At the same time, the money demand …

This paper examines the forecasting performance of a broad monetary aggregate (M3) in predicting euro area inflation …

This paper explores the stability of the relation between money demand for M3 and inflation in the euro area by …

We analyse the relationship between the debt to GDP ratio and real per capita GDP growth for the euro area members by … relevant for the euro area. This suggests that the participation in monetary union might entail an additional risk for its …

Monetary growth in the euro area has exceeded its target since several years. At the same time, the money demand …