Although recent research shows that the euro has spurred cross-border financial integration, the exact mechanisms … remain unknown. We investigate the underlying channels of the euro's effect on financial integration using data on bilateral … euro's impact on financial integration is primarily driven by eliminating the currency risk. Legislative …

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 …

experiment for euro area and UK inflation. We find that for euro area inflation taking the exogenous information into account …

alternative monetary rules on unemployment dynamics in the euro area and the US. We use the inflation forecasts of 8 competing …

The Euro Plus Pact was approved by 23 EU countries in March 2011 and came into force shortly afterwards. The Pact …. The results also suggest that the measures in the Euro Plus Pact to restrain the growth of unit labour costs may not …

This paper studies factors behind inflation dynamics in the euro area, the UK and the US. It introduces a factor … other two economies, while the reaction of services inflation has been more muted to all types of shocks in the euro area …

paper tests this hypothesis using a dataset for the 17 euro area countries over the period 1996Q1-2013Q4. The results … suggest that euro area unemployment is particularly sensitive to movements in the consumption component of GDP, while …

data for the euro area, the US and the UK, we show that one can improve the forecasts of stock returns using a model … averaging approach, and there is a large amount of model uncertainty. The empirical evidence for the euro area suggests that …