in the euro area. We document the magnitude of revisions to euro area-wide data on output, prices, and money, and find … conclude that money has fairly limited information content as an indicator of contemporaneous aggregate demand in the euro area. …

find that both models fit euro area data reasonably well. When considering France, Germany and Italy separately, however …In this paper we estimate a small model of the euro area to be used as a laboratory for evaluating the performance of …

price stability in the euro area during the recent financial crisis. Using a formal measure of the balance of risks, which …

This paper provides a detailed description of an extended version of the ECB's New Area-Wide Model (NAWM) of the euro … of bank lending rates and the gradual interest-rate pass-through in the transmission of monetary policy in the euro area …

the euro area economy and examine, using the ECB's New Area-Wide Model, the consequences of the lower bound both for the …

the euro area economy and examine, using the ECB's New Area-Wide Model, the consequences of the lower bound both for the …

that increasing euro area carbon taxes to an interim target level consistent with the transition to a net-zero economy …