Similar Search Results

Disaggregating Okun's law : decomposing the impact of the expenditure components of GDP on euro area unemployment; N°1747, December 2014

Anderton, Bob (contributor); Aranki, Ted (contributor); … - European Central Bank - 2014

This paper examines the usefulness of the Okun relationship as a "rule of thumb" for predicting changes in unemployment, as a result of changes in output. It argues that a disaggregated version of the Okun relationship - making use of the differential reaction of unemployment to changes in the...

Persistent link: https://www.econbiz.de/10015301928

Do professional forecasters behave as if they believed in the new Keynesian Phillips Curve for the euro area?

López Pérez, Victor (contributor) - European Central Bank - 2015

forecasts that are consistent with a (mostly forward-looking) New Keynesian Phillips Curve for the euro area. The estimation … results suggest that euro-area inflation forecasts have reacted less to unemployment forecasts after the start of the … financial crisis but another cost measure (energy inflation) remains significant. This finding is consistent with a flatter …

Persistent link: https://www.econbiz.de/10015298680

What has driven inflation dynamics in the Euro area, the United Kingdom and the United States

Melolinna, Marko (contributor) - European Central Bank - 2015

This paper studies factors behind inflation dynamics in the euro area, the UK and the US. It introduces a factor … inflation in the three economies. The FAVAR model framework is also applied to study the effects on inflation subcomponents in … the more recent past. The FAVAR models suggest that headline inflation in the three economies has reacted in a relatively …

Persistent link: https://www.econbiz.de/10015299048

Credit supply dynamics and economic activity in euro area countries : a time-varying parameter var analysis; N°1714, August 2014

Bijsterbosch, Martin (contributor); … - European Central Bank - 2014

Persistent link: https://www.econbiz.de/10015301872

Inflation and unemployment in Europe : ECB Forum on central banking : 21-23 May 2015, Sintra, Portugal : conference proceedings

European Central Bank - 2015

The ECB Forum on Central Banking is an annual event organised by the European Central Bank which has been held in the beautiful surroundings of Sintra, Portugal, since 2014. It provides a unique opportunity for central bank governors, academics, high-level financial market representatives,...

Persistent link: https://www.econbiz.de/10015297743

Inflation and unemployment in Europe : ECB Forum on central banking : 21-23 May 2015, Sintra, Portugal : conference proceedings

European Central Bank - 2015

Persistent link: https://www.econbiz.de/10015297754

Structural features of distributive trades and their impact on prices on the euro area

European Central Bank - 2011

consumers and price determination. In addition, these may have implications for the measurement of consumer prices and inflation …

Persistent link: https://www.econbiz.de/10015308961

Eurosystem's SEPA expectations

European Central Bank - 2009

Persistent link: https://www.econbiz.de/10015312020

Annual accounts of the ECB 2017

European Central Bank - 2018

The management report is an integral part of the ECB's Annual Accounts and is designed to provide readers with contextual information related to the financial statements. Given that the ECB's activities and operations are undertaken in support of its policy objectives, its financial position and...

Persistent link: https://www.econbiz.de/10015285233

First ECB public consultation on developing a euro unsecured overnight interest rate

European Central Bank - 2017

On 21 September 2017 the European Central Bank (ECB) announced that it would develop a euro unsecured overnight interest rate based on data already available to the Eurosystem. The interest rate, which would be produced before 2020, would complement existing benchmark rates produced by the...

Persistent link: https://www.econbiz.de/10015287173