exchange rate to one of the politically most important exchange rates, the exchange rate of the US dollar vis-à-vis the euro …

national variables. We estimate our macro model using quarterly data from Q1 1984 to Q4 2007 for the G7 countries plus the euro …

In this paper we present an empirically stable euro area money demand model. Using a sample period until 2009:2 shows … stability of the euro area money demand function. We also compare single equation methods like the ARDL approach, FM-OLS, CCR … applied for this purpose in previous studies. -- ARDL model ; cointegration ; euro area ; financial crisis ; money demand …

technically out of reach within the euro area. -- Exit strategies ; international policy coordination and transmission ; open … market operations ; unorthodox monetary policy …

After the dramatic rescue package for the euro area, the governing council of the European Central Bank decided to … sterilise its bond purchases - compensating those purchases through sales of other bonds or money market instruments to keep the …

The Greek government budget situation plays a central role in the debt crisis in the euro area. The debt to GDP ratio …. Under realistic conditions, a debt conversion may be the less costly strategy for Greece and the euro area partner states. A … value-added of these calculations lies in a potential transfer to smaller euro area member countries. -- Euro area debt …

support the stability of the euro. Among them are the enhancement of the effectiveness of the Stability and Growth Pact …

governance in the EU and the euro area since the launch of the Economic and Monetary Union. Broader and enhanced surveillance of …