Similar Search Results

Financial cycles in Europe : dynamics, synchronicity and implications for business cycles and macroeconomic imbalances

Adarov, Amat - 2019

Using dynamic factor models and state-space techniques we quantify financial cycles for twenty European countries over the period 1960Q1–2015Q4 capturing imbalances across credit, housing, bond and equity markets. The paper documents the existence of slow-moving and persistent financial cycles...

Persistent link: https://www.econbiz.de/10012153925

Choosing the European fiscal rule

Buss, Ginters; Grüning, Patrick; Tkačevs, Olȩgs - 2021

Persistent link: https://www.econbiz.de/10012792380

On the time-varying effects of the ECB’s asset purchases

Zlobins, Andrejs - 2021

Persistent link: https://www.econbiz.de/10012792375

The spillover of euro area shocks to the Maltese economy

Gatt, William; Ruisi, Germano - 2022

This paper develops a two-block Structural Vector Autoregression (SVAR) to estimate the spillover of external shocks to the Maltese economy. The model focuses on five broad macroeconomic shocks hitting the euro area; an aggregate demand shock, two aggregate supply shocks which respectively proxy...

Persistent link: https://www.econbiz.de/10012818649

Country-level effects of the ECB's expanded asset purchase programme

Zlobins, Andrejs - 2019

Persistent link: https://www.econbiz.de/10012135785

Makroeconomic effects of the ECB's forward guidance

Zlobins, Andrejs - 2019

Persistent link: https://www.econbiz.de/10012155689

Disinflationary spillovers from the euro area into the countries of Southeastern Europe

Ramadani, Gani; Pandiloski, Predrag - 2019

We analyze the determinants of the inflation trends in ten Southeast European (SEE) countries. Global cost-related factors and euro area (EA) inflation developments play an important role in explaining inflation dynamics in SEE countries. Changes in world food and energy prices, together with...

Persistent link: https://www.econbiz.de/10012124587

The cyclical behaviour of fiscal policy during the Covid-19 crisis

Heimberger, Philipp - 2022

Covid-19 crisis (2020-2021) was significantly more countercyclical than before - in particular in the Eurozone. We do not … performance over 2020-2021 was more in line with the past than for discretionary fiscal policy. Overall, fiscal policy in non-Eurozone … advanced countries is more countercyclical than in the Eurozone. However, the cyclicality varies markedly across countries. Our …

Persistent link: https://www.econbiz.de/10013373264

Central bank policies and financial markets : lessons from the Euro crisis

Mody, Ashoka; Nedeljkovic, Milan - 2018

Persistent link: https://www.econbiz.de/10012294979

Regional currency arrangements : insights from Europe

Christl, Josef - 2006

Persistent link: https://www.econbiz.de/10003340416