We study cross-country differences in monetary policy transmission across the large four euro-area countries (France …

We tackle two questions in this paper: In the sovereign debt crisis, what moves the euro area inflation outlook and has … options on the euro area harmonized index of consumer prices provides us with the full distribution of inflation expectations … uncertainty reveals market participants concerns about possible extreme inflation or deflation outcomes in the future. …

Our paper studies the relationship between money growth and consumer price inflation in the euro area using wavelet …

We assess the macroeconomic effects of the Eurosystem's asset purchases on the four largest euro area economies using … identification assumptions mainly on euro area aggregate financial variables and on country averages of output and price responses …

Euro Area, Germany, France, Italy and Spain using a Bayesian vector autoregressive model with endogenous hyperparameter … distribution of their impulse responses with that of bank loans. For the Euro Area our results show equity, debt securities and non …

We study the cross-country dimension of financial cycles for six euro area countries using three different …

We assess to what extent wage inflation policies in Germany could contribute to an economic rebalancing in the euro … and output in Germany and the rest of the euro area. The duration of constant interest rates and expectations about the … consists of Germany, the rest of the euro area, and the rest of the world. …