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Global impacts of US monetary policy uncertainty shocks

Lastauskas, Povilas; Nguyen, Anh D. M. - 2020

Persistent link: https://www.econbiz.de/10012416845

Whelan, Karl - 2009

-level financial supervision and a new European Systemic Risk Board (ESRB) are to be welcomed. The ECB's central role in the ESRB is …

Persistent link: https://www.econbiz.de/10009724997

The future for Eurozone financial stability policy

Whelan, Karl - 2010

publish regular stress tests, change their regulations on the risk weighting of sovereign debt and put new resolution …

Persistent link: https://www.econbiz.de/10009729283

In search of the Euro area fiscal stance

Albonico, Alice; Tirelli, Patrizio; Paccagnini, Alessia - 2016

This paper investigates the role of fiscal policies over the aggregate EMU business cycle. Previous studies, based on the assumption of non-separability between public and private consumption, obtain a large public consumption multiplier, a small fraction of non-Ricardian households and,...

Persistent link: https://www.econbiz.de/10011529025

Distributional consequences of asset price inflation in the Euro area

Adam, Klaus; Tzamourani, Panagiota - 2015

We study the distributional consequences of housing price, bond price and equity price increases for Euro Area households using data from the Household Finance and Consumption Survey (HFCS). The capital gains from bond price and equity price increases turn out to be concentrated among relatively...

Persistent link: https://www.econbiz.de/10011491938

Banking union and the ECB as lender of last resort

Whelan, Karl - 2016

Persistent link: https://www.econbiz.de/10011515579

Overborrowing and balance of payments imbalances in a monetary union

Sy, Mouhamadou Mounirou - 2015

Persistent link: https://www.econbiz.de/10011540537

The role of systemic risk spillovers in the transmission of Euro area monetary policy

Skouralis, Alexandros - 2021

This paper empirically investigates the transmission of systemic risk across the Euro Area by employing a Global VAR … model. We find that a union aggregate systemic risk shock results in a sharp decline in output, with two thirds of the … importance in spreading systemic risk compared to core countries. Then, we incorporate high-frequency monetary surprises into the …

Persistent link: https://www.econbiz.de/10012704731

The effects of the ECB communications on financial markets before and during COVID-19 pandemic

Alfieri, Luca; Eratalay, Mustafa Hakan; Lapitskaya, Darya; … - 2022

Persistent link: https://www.econbiz.de/10013253088

The past, present and future of Euro area monetary-fiscal interactions

Whelan, Karl - 2022

The EU's Treaties were designed to limit the interaction between fiscal and monetary policies. However, over the last …

Persistent link: https://www.econbiz.de/10012813611