This paper explores the behavior of profits in the four largest euro area countries (Germany, France, Italy and Spain …) and the euro area as a whole, while at the same time considering three main sectors (manufacturing, construction and …

In this paper, we study the dynamics and drivers of sovereign bond yields in euro area countries using a factor model … in individual euro area countries using a time-varying model. Using the reduced form results, we show decoupling of … periphery euro area bond yields from the core countries yields following the financial crisis and the scope of their subsequent …

workers who received overtime payments. The procyclicality of earnings revealed for Germany is of comparable size with the one …

This paper attempts to model the nominal and real exchange rate for Ireland, relative to Germany and the UK from 1975 … exchange rates are effectively modelled, and in the case of Ireland and Germany, Ppp is found to be valid not only in the long …

, and include expert judgement. We develop a multi-country BVAR for the four largest countries of the euro area and we show …

-à-vis Germany in selected euro area countries during the period end-July 2007 to end-March 2009, when the financial turmoil … debt ratios relative to Germany contributed to higher government bond yield spreads in the euro area during the analysed …

Unified Germany prior to 1991, and then use them for the construction of corresponding time series for the euro area. The … resulting series for Germany and the euro area are compared with existing ones on the basis of both descriptive statistics and …

This paper studies the determinants of interest rate spreads of euro area 10 year government bonds against the … benchmark, the German bund, after the introduction of the euro. In particular, it pays attention to the question whether market …