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Swedish economy before and during the Corona pandemic using a small open economy DSGE model with segmented asset markets. In …
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general equilibrium (DSGE) model since 2011. We find the DSGE's accuracy to be comparable to that of private forecasters …
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The prolonged crisis exposed the vulnerability of a monetary union without a banking union. The Single Supervisory Mechanism (SSM), which started operating in November 2014, is an essential step towards restoring banks to health and rebuilding trust in the banking system. The ECB is today...
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The present paper contains a brief presentation and analysis, in a historical perspective through the lens of the recent major crises, of the legal framework governing the European Economic and Monetary Union (EMU), as well as current developments and challenges ahead. It is structured in three...
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