Similar Search Results

What do we really know about fiscal sustainability in the EU? : a panel data diagnostic

Afonso, António (contributor); … - 2008

Persistent link: https://www.econbiz.de/10003641707

Bootstrap panel Granger-causality between government budget and external deficits for the EU

Afonso, António; Rault, Christophe - 2009

period 1970-2007, for different EU and OECD country groupings. We use the panel-data approach of Kónya (2006), which is based … budget deficits to current account deficits for several EU countries: Bulgaria, Czech Republic, Estonia, Finland, France … deficit ; external imbalance ; real exchange rates ; EU ; OECD …

Persistent link: https://www.econbiz.de/10003818006

Does central bank communication really lead to better forecasts of policy decisions? : new evidence based on a Taylor rule model for the ECB

Sturm, Jan-Egbert; Haan, Jakob de - 2009

Nowadays, it is widely believed that greater disclosure and clarity over policy may lead to greater predictability of central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the information provided by a Taylor rule model in which...

Persistent link: https://www.econbiz.de/10003872830

Does ECB communication help in predicting its interest rate decisions?

Jansen, David-Jan (contributor); Haan, Jakob de (contributor) - 2006

Persistent link: https://www.econbiz.de/10003377200

Short and long-run behaviour of long-term sovereign bond yields

Afonso, António - 2010

-term yields ; EU ; financial integration ; panel cointegration ; bootstrap …

Persistent link: https://www.econbiz.de/10008732265

The importance of being vigilant : has ECB communication influenced Euro area inflation expectations?

Jansen, David-Jan (contributor); Haan, Jakob de (contributor) - 2007

Persistent link: https://www.econbiz.de/10003623777

What do we really know about fiscal sustainability in the EU? : a panel data diagnostic

Afonso, António (contributor); … - 2007

We assess the sustainability of public finances in the EU15 over the period 1970-2006 using stationarity and … policy was sustainable both for the EU15 panel set, and within subperiods (1970-1991 and 1992-2006) …

Persistent link: https://www.econbiz.de/10003599308

Business cycle synchronization and insurance mechanisms in the EU

Afonso, António (contributor); Furceri, Davide (contributor) - 2007

In this paper we provide a positive exercise on past business-cycle correlations and risk sharing in the European Union, and on the ability of insurance mechanisms and fiscal policies to smooth income fluctuations. The results suggest in particular that while some of the new Member States have...

Persistent link: https://www.econbiz.de/10003599656

Interest rate linkages in EMU countries : a rolling threshold vector error-correction approach

Poghosyan, Tigran (contributor); Haan, Jakob de (contributor) - 2007

Persistent link: https://www.econbiz.de/10003499692

Does money matter in the ECB strategy? : New evidence based on ECB communication

Berger, Helge (contributor); Haan, Jakob de (contributor); … - 2006

We examine the role of money in the policies of the ECB, using introductory statements of the ECB President at the monthly press conferences during 1999-2004. Over time, the relative amount of words devoted to the monetary analysis has decreased. Our analysis of indicators of the monetary policy...

Persistent link: https://www.econbiz.de/10003300988