) as well as the special ad-hoc questions on the LTROs conducted in mid-February 2012. We estimate a panel-VAR for the euro …

) model for the United States (US) and the euro area (EA). The main features of the new open economy macro-economics (NOEM …

We analyse the interaction between monetary and macroprudential policies in the euro area by means of a two …-country DSGE model with financial frictions and cross-border spillover effects. We calibrate the model for the four largest euro …

We implement a two-step approach to construct a financing conditions index (FCI) for the euro area and its four larger … worldwide and euro area specific financial events. Moreover, while the national FCIs are constructed independently, they display … a similar pattern across the larger euro area economies over most of the sample period and varied more widely since the …

The euro area experience during the financial crisis highlighted the importance of financial and sovereign risk factors … with its cross-country heterogeneity within the euro area, focusing on Germany, France, Italy, Spain, and rest-of-euro area …. We construct three stylised macro-financial scenarios as a synopsis of the euro area financial crisis and argue that the …

forecasting euro area manufacturing production. Following Boivin and Ng (2006), the emphasis is put on the role of dataset … euro area manufacturing production of external trade and surveys data of the three largest economies as well as two medium … forecasts for the euro area. Interesting, the medium-sized highly opened economies provide valuable information to monitor area …

-founded macroeconometric framework. First, using Bayesian techniques, we estimate a medium scale closed economy DSGE for the euro area. Then …

This paper presents first the estimation of a two-country DSGE model for the euro area and the rest …

monetary policy. We estimate a closed-economy dynamic stochastic general equilibrium (DSGE) model for the euro area with …