Showing 1 - 10 of 125
This paper explores inflation determinants within the EU and implications for new members'' euro adoption plans. Factor …
Persistent link: https://www.econbiz.de/10014401399
The three-month Eurepo interest rate, the euro component of the SDR interest rate basket, will be discontinued as of … representative interest rate instrument of the euro area in the SDR interest rate basket since 2006. However, faced with a … secondary market yield curve covering euro area government bonds rated either investment grade or AA and above. In staff's view …
Persistent link: https://www.econbiz.de/10014410559
Persistent link: https://www.econbiz.de/10000630405
This paper evaluates the performance of two alternative policy rules, a forward-looking rule and a spontaneous adjustment rule, under alternative inflation targets, in terms of output losses in a macroeconomic model, using European Union data. The simulations suggest that forward-looking rules...
Persistent link: https://www.econbiz.de/10014400852
This Selected Issues paper analyzes euro area policies and discusses the implications of the 2007–08 financial sector … turbulence for real economic activity. It examines the linkages between the financial and real sectors in the euro area. The …
Persistent link: https://www.econbiz.de/10014402543
will reduce uncertainty. A long-lasting configuration of the euro-area’s fiscal architecture can be achieved by tightly …
Persistent link: https://www.econbiz.de/10014403552
This paper documents and analyzes crisis-related changes in government debt issuance practices in the 16 euro zone … deficit and high debt euro area countries, and has forced governments to assume additional risk …
Persistent link: https://www.econbiz.de/10014403688
The paper discusses the purpose, properties, and theoretical foundations of various indicators of inflation and also describes the forecasting methodology and performance of these indicators. It reviews the successful European labor market reform experiences and analyzes regulatory and...
Persistent link: https://www.econbiz.de/10014404360
The euro area recovered from the economic doldrums. Executive Directors welcomed the recovery, supported by strong …
Persistent link: https://www.econbiz.de/10014404458
This Selected Issues paper on Euro Area Policies underlies global rebalancing of accounts. From a growth …
Persistent link: https://www.econbiz.de/10014404716