This paper is an event study focusing on the global effects of the euro debt crisis in 2010-2013. After identifying 18 … advanced and 13 emerging countries. The main effect of euro debt crisis events is a rise in global risk aversion accompanied by …

We propose a model for analyzing euro area trade based on the interaction between macroeconomic and trade variables …

We evaluate the effects of permanently reducing labour tax rates in the euro area (EA) by simulating a large-scale open …

This paper sheds light on the impact of global macroeconomic uncertainty on the euro area economy. We build on the … fifteen key euro area trade partners and the euro area. Our measures display a clear counter-cyclical pattern and line up well … specific past events. We find that, historically, global uncertainty shocks have been important drivers of fluctuations in euro …

application to the euro area. Accounting for a high degree of openness and a strong dependence on intra and extra union trade, we … response. To do so, we use a unified modelling framework: The Euro Area and the Global Economy (EAGLE) model. Furthermore …