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A challenge to the ECB's first pillar? : The French experience

Müller, Christian (contributor) - 2003 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10001767723

Mitlaufende und vorlaufende Indikatoren des Bruttoinlandprodukts der EU insgesamt : Analyse mit vollständigen Daten, welche einmalig vom DG ECFIN zur Verfügung gestellt wurden

Etter, Richard (contributor); Gübeli, Sibylle (contributor) - 2004 - [Elektronische Ressource]

Persistent link: https://www.econbiz.de/10002521546

Despite or because? - Some lessons of German unification for EU enlargement

Busch, Ulrich (contributor); … - 2004 - [Elektronische Ressource]

. Building on the common features of the extension of the Federal Republic of Germany in 1990 and the enlargement of the EU, we … argue that the German unification experience holds some lessons to the benefit of both, the EU-15 and the accession … countries. -- EU enlargement ; German Unification ; transfers ; fiscal policy …

Persistent link: https://www.econbiz.de/10002202979

On misusing national accounts data for governance purposes

Hartwig, Jochen (contributor) - 2005

differences, showing that the divergence in growth rates between the U.S. and the EU since 1997 can be explained almost entirely …

Persistent link: https://www.econbiz.de/10002746141

Does central bank communication really lead to better forecasts of policy decisions? : new evidence based on a Taylor rule model for the ECB

Sturm, Jan-Egbert; Haan, Jakob de - 2009

Nowadays, it is widely believed that greater disclosure and clarity over policy may lead to greater predictability of central bank actions. We examine whether communication by the European Central Bank (ECB) adds information compared to the information provided by a Taylor rule model in which...

Persistent link: https://www.econbiz.de/10003919419

Interest rate expectations in the media and central bank communication

Lamla, Michael; Sturm, Jan-Egbert - 2013

While there is ample evidence how central bank communication and interest rate decisions are perceived by financial markets, insights regarding the response of the public is lacking. Media is known to be an important transmitter of news to the public. Based on articles in the Financial Times...

Persistent link: https://www.econbiz.de/10009719531

Assessing the impact of the ECB's monetary policy on the stock markets : a sectoral view

Kholodilin, Konstantin; Montagnoli, Alberto; … - 2008

This paper analyzes the response of the European stock markets to the monetary policy shocks by the European Central Bank using the heteroskedasticity based approach of Rigobon (2003). We find that monetary policy tightening has a heterogeneous impact on the Euro Area sectors on the day the...

Persistent link: https://www.econbiz.de/10003908504

On the accuracy of the probability method for quantifying beliefs about inflation

Maag, Thomas - 2009

This paper assesses the probability method for quantifying EU consumer survey data on perceived and expected inflation …

Persistent link: https://www.econbiz.de/10003909619

Do budgetary institutions mitigate the common pool problem? : new empirical evidence for the EU /

Haan, Jakob de; Jong-A-Pin, Richard; Mierau, Jochen O. - 2012 - Accepted version, May 2012

We analyze how budgetary institutions affect government budget deficits in member states of the European Union during 1984-2003 employing new indicators provided by Hallerberg et al. (2009). Using panel fixed effects models, we examine whether the impact of budgetary institutions on budget...

Persistent link: https://www.econbiz.de/10009541240

Has the EMU reduced wage growth and unemployment? : testing a model of trade union behavior

Mikosch, Heiner; Sturm, Jan-Egbert - 2011

By using a model of trade union behaviour Grüner (2010) argues that the introduction of the European Monetary Union (EMU) led to lower wage growth and lower unemployment in participating countries. Following Grüner's model, monetary centralization lets the central bank react less flexibly to...

Persistent link: https://www.econbiz.de/10009270311