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Understanding the impact of the external dimension on the euro area - trade, capital flows and other international macroeconomic linkages
Anderton, Robert; di Mauro, Filippo; Moneta, Fabio - 2004
Overall, the paper underlines the difficulties in spelling out the transmission and the final effects of external shocks on the euro area, and highlights the complexity of the various direct and indirect mechanisms. We describe the main channels by which potential spillovers from external...
Persistent link: https://www.econbiz.de/10011606164
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Understanding the Impact of the External Dimension on the Euro Area : Trade, Capital Flows and Other International Macroeconomic Linkages
Anderton, Robert; di Mauro, Filippo; Moneta, Fabio - 2021
Overall, the paper underlines the difficulties in spelling out the transmission and the final effects of external shocks on the euro area, and highlights the complexity of the various direct and indirect mechanisms. We describe the main channels by which potential spillovers from external...
Persistent link: https://www.econbiz.de/10013318457