’s handling of the euro crisis. We link models of multiple equilibria with the IMF's experience made in Latin American crises in …

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 …

I propose a new term structure model for euro area real and nominal interest rates which explicitly incorporates a time …

sovereign CDSs of 10 eurozone countries to test the evidence of long memory behavior during the financial crisis. Our analysis … eurozone countries by estimating dynamic conditional correlations. -- Credit default swaps ; long memory ; sovereign risk … ; eurozone economies ; FIGARCH ; dynamic conditional correlation …

bond spreads of ten euro member countries. Our motivation is to evaluate which of the two players - the ECB or the EU … fiscal level - has been more crucial for the stabilization of euro sovereign bond markets in the crisis environment of the …

Programme (PEPP). Using data for 10 euro area countries, we first analyse the impact of different communication channels such as …

Commercial banks in some euro area member states hold large amounts of sovereign debt that offer a risk premium and … match the return on their euro government bond portfolio with their own funding costs. In addition, prospects for a …