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single market and the euro -- The economics of the single market (Harry Flam) -- Factor movements : FDI (Bent Sørensen …, Carolina Villegas-Sanchez) -- The euro as an international currency (Agnès Bénassy Quéré) -- Monetary and fiscal policy -- The … common currency : more complicated than it seems (Charles Wyplosz) -- Design failures in the euro area : can they be fixed …
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estimate Taylor rules for alternative sets of euro area aggregates derived from different weighting schemes of national …
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This paper examines how managers at the top of a public institution, central bank executives, allocate their working time. Using detailed information from personal diaries of the six members of the European Central Bank’s Executive Board over a period of two years, we codify and analyze more...
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-priori restrictions. Our empirical analysis for the euro area reveals that interest rate decisions of the ECB surprised financial markets … market rate, the narrow money stock, commodity prices, consumer prices and the Euro-Dollar exchange rate, and that real …
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