Narrow search
Showing 1 - 10 of 213
Cover Image
Labour supply and incentives to work in Europe
Gómez Salvador, Ramón (contributor) - What explains the pattern of labour supply in Europe … - 2005
Labour Supply and Incentives to Work in Europe highlights recent developments in the labour supply in Europe and gives a detailed assessment of their link with economic policies and labour market institutions. Despite major changes in European labour supply during the past few decades, the...
Persistent link: https://www.econbiz.de/10011851054
Cover Image
GDP-Inflation cyclical similarities in the CEE countries and the euro area
Macchiarelli, Corrado - European Central Bank - 2013
In this paper we look at business cycles similarities between CEE countries and the euro area. Particularly, we uncover GDP-inflation cycles by adopting a trend-cycle decomposition model which allows the trend to be either stochastic or deterministic i.e. of the non-linear type. Once cyclical...
Persistent link: https://www.econbiz.de/10010686780
Cover Image
Convergence and anchoring of yield curves in the euro area
Ehrmann, Michael; Fratzscher, Marcel; Gürkaynak, Refet S. - European Central Bank - 2007
We study the convergence of European bond markets and the anchoring of inflation expectations in euro area countries …) has led to substantial convergence in euro area sovereign bond markets in terms of interest rate levels, unconditional …
Persistent link: https://www.econbiz.de/10005530722
Cover Image
Have euro area and EU economic governance worked? Just the facts
Ioannou, Demosthenes; Stracca, Livio - European Central Bank - 2011
We test whether two key elements of the EU and euro area economic governance framework, the Stability and Growth Pact and the Lisbon Strategy, have had any impact on macroeconomic outcomes. We test this proposition using a difference-in-difference approach on a panel of over 30 countries, some...
Persistent link: https://www.econbiz.de/10009024967
Cover Image
Some lessons from the financial crisis for the economic analysis
Kenny, Geoff; Morgan, Julian - European Central Bank - 2011
The economics profession in general, and economic forecasters in particular, have faced some understandable criticism for their failure to predict the timing and severity of the recent economic crisis. In this paper, we offer some assessment of the performance of the Economic Analysis conducted...
Persistent link: https://www.econbiz.de/10009327807
Cover Image
Some lessons from the financial crisis for the economic analysis
Kenny, Geoff; Morgan, Julian - European Central Bank - 2011
The economics profession in general, and economic forecasters in particular, have faced some understandable criticism for their failure to predict the timing and severity of the recent economic crisis. In this paper, we offer some assessment of the performance of the Economic Analysis conducted...
Persistent link: https://www.econbiz.de/10010688344
Cover Image
Measuring bilateral spillover and testing contagion on sovereign bond markets in Europe
Claeys, Peter; Vašíček, Bořek - European Central Bank - 2014
The global financial crisis rapidly spread across borders and financial markets, and also distressed EU bond markets. The crisis did not hit all markets in the same way. We measure the strength and direction of linkages between 16 EU sovereign bond markets using a factor-augmented version of the...
Persistent link: https://www.econbiz.de/10011067242
Cover Image
Productivity in the euro area: any evidence of convergence?
Sondermann, David - European Central Bank - 2012
productivity convergence among euro area countries. While no convergence can be found on the aggregate level, selected service … sectors and manufacturing sub-industries indicate evidence of convergence. In a search for factors influencing productivity … competitive environment, eventually facilitating economic convergence. JEL Classification: C33, O47, J24, L60, L80 …
Persistent link: https://www.econbiz.de/10010686756
Cover Image
Convergence in European retail payments
Martikainen, Emmi; Schmiedel, Heiko; Takalo, Tuomas - European Central Bank - 2013
integration, convergence in the European retail payments market is measured during the period 1995-2011 for the most used retail … estimating convergence are used: sigma convergence and beta convergence. There is some evidence of convergence for all payment … instruments has declined over time in Europe. The pace of convergence has picked up since the introduction of the single currency …
Persistent link: https://www.econbiz.de/10010688324
Cover Image
Convergence in European retail payments
Martikainen, Emmi; Schmiedel, Heiko; Takalo, Tuomas - European Central Bank - 2013
integration, convergence in the European retail payments market is measured during the period 1995-2011 for the most used retail … estimating convergence are used: sigma convergence and beta convergence. There is some evidence of convergence for all payment … instruments has declined over time in Europe. The pace of convergence has picked up since the introduction of the single currency …
Persistent link: https://www.econbiz.de/10010693509