claims represent a shift of the ECB's refinancing credit to the crisis countries and thus a claim on the interest return from …

Since the beginning of 2010, the Euro Area faces a severe sovereign debt crisis, now generally known as the Euro Crisis …. While the Euro Crisis has its origin in Greece, problems have now spread to several other European countries as well … the Euro Crisis, or if the countries' problems are instead due to fundamental problems in the affected economies. Our …

of Euro–area banks to the global financial crisis. We focus on their interest–rate setting behavior in response to …

rate (the policy spread) for the euro area and the UK during the two main phases of the financial crisis that began in late … apparent in the post-Lehman collapse phase of the crisis for the euro area as financial CDS premia rose due to possible default …

proposing a theory-based index of exchange market pressure within the euro area. We argue that the euro area entails an inherent …

analysis is that since T2 imbalances were caused by a sudden stop and are unlikely to grow without bounds since Euro area CA …

We estimate a panel VAR model for the euro area to quantitatively asses the contribution of the TARGET2 system to the … in euro area member countries. Our results suggest that TARGET2 has significantly affected the transmission of capital ow …

We derive counterfactual national interest rate paths for the 17 Euro Area countries for the period 1999 to 2012 to … which focus on countries which fare economically worse than the Euro Area average explain the EONIA path best …

estimate Taylor rules for alternative sets of euro area aggregates derived from different weighting schemes of national …