Die Einführung des Euro stellt eine wesentliche Änderung der geldpolitischen Rahmenbedingungen einer Anzahl …

This paper uncovers the response pattern to global shocks of euro area countries' real effective exchange rates before … and after the start of Economic and Monetary Union (EMU), a largely open ended question when the euro was created. We …-EMU responses of euro area countries to global risk aversion shocks have become similar to those of Italy, Portugal or Spain before …

Using the measures proposed by Mink et al. (2012), we reexamine the coherence of business cycles in the euro area using … business cycle coherence did not increase monotonically. The COVID-19 pandemic made that the signs of the output gaps of euro …

This paper investigates how different types of monetary policy have affected house prices in Finland, a small euro area … peak of the effect of a policy rate shock on house prices in Finland arrives faster than in the whole euro area but the … Finland to what it is in the whole euro area. …