Showing 1 - 4 of 4
The paper provides a systematic empirical analysis of the role of the housing market in the macroeconomy in the US and in the euro area. First, it establishes some stylised facts concerning key variables in the housing market, such as the real house price, residential investment and mortgage...
Persistent link: https://www.econbiz.de/10003971203
This paper studies the recent trends in nominal wage rigidity in a large group of EU countries, using survey data. We …
Persistent link: https://www.econbiz.de/10011864159
We use firm-level survey data from 25 EU countries to analyse how firms adjust their labour costs (employment, wages …
Persistent link: https://www.econbiz.de/10011997513
This paper quantifies the economic influence that shocks to EMU cohesion, which in turn reflect the incomplete nature of the monetary union, have on the rest of the world. Disentangling euro area stress shocks and global risk aversion shocks based on a combination of sign, magnitude and...
Persistent link: https://www.econbiz.de/10012263010