This paper investigates whether comovements between euro area equity returns at national and industry level have … changed after the introduction of the euro. By adopting a regression quantile-based methodology, we find that after 1999 the … degree of comovements among euro area national equity markets has augmented. By explicitly controlling for the impact of …

estimate a Markov switching VAR for the euro area and the US, including additionally GDP, CPI and a short-term interest rate …. We find evidence for two distinct states in both regions. For the euro area, we find a regime which is correlated to the …

States and the euro area. To sharpen our estimation, we include in the information set macro data and survey data on … inflation premia differs between the US and the euro area. Long term inflation premia are countercyclical in the euro area …

Using a unique dataset of the Euro area and the U.S. bank lending standards, we find that low (monetary policy) short …

in the euro area. First, it establishes some stylised facts concerning key variables in the housing market, such as the … clearcut for housing demand shocks. We also find that credit supply shocks matter more in the euro area …

In this paper we report results on inflation persistence using 79 inflation series covering the EU countries, the euro … across the board. In particular we find euro area inflation persistence to be broadly in line with US inflation persistence …

sentiment and consumption expenditures for the United States and the euro area. It shows under which circumstances confidence … transmission of shocks, as U.S. confidence indices lead consumer sentiment in the euro area …