This paper studies the determinants of the euro exchange rate during the European sovereign debt crisis, allowing a … role for macroeconomic fundamentals, policy actions and the public debate by policy makers. It finds that the euro exchange …

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

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

(2012) estimated on euro area data. It investigates to what extent forecasts of inflation, GDP growth and unemployment by …

Price inflation in the euro area has been stable and low since the Global Financial Crisis, despite notable changes in … remained stubbornly stable and low in the euro area over the past two decades. For this purpose, we exploit a rich firm …-level database to show that over the period 1995–2018 the aggregate markup in the euro area has been on the rise, mainly on account …

We study exchange rate pass-through (ERPT), i.e., the impact of exchange rate movements on inflation, focusing on euro …

This paper analyses the impact of productivity developments in the United States and the euro area on the euro … productivity proxies. Our results indicate that the extent to which productivity can explain the euro depreciation varies with the … used the former to assess productivity developments, this might thus have contributed to the weakness of the euro in 2000 …