We construct credit risk indicators for euro area banks and non-financial corporations. These are the average spreads … on the yield of euro area private sector bonds relative to the yield on German federal government securities of matched …-financial and financial firms increasingly reflect national rather than euro area financial conditions. Consistent with this view …

now highly-sensitive GIIPS group and other European country groupings (EU and Euro Area excluding GIIPS, and the non … in GIIPS to other euro countries is not evident once own-country credit rating changes are taken into account …

The introduction of the euro on 1 January 1999 created the conditions for an integrated government bond market in the … euro area. Using a unique data set from the electronic trading platform Euro-MTS, we consider what is the benchmark' in … complex pattern of benchmark status in euro-area government bonds …

All of the attempts to end the euro crisis and to return the Eurozone countries to healthy growth rates of income and …

We use 633 days of tweets about the Euro/dollar exchange rate to determine their information content and the …

propose a comprehensive description of how monetary policy affects the euro area economy. We focus mainly on three questions …) if not, is the bank lending channel a likely candidate to complete the story? We find plausible euro-area wide monetary … (relative to consumption) seems to play a larger role in euro area monetary policy transmission than in the U.S. We cannot …

each of them to provide a full account of the euro crisis of 2010-12.Institutional subscribers to the NBER working paper …