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Potential output and fiscal rules in a monetary union under asymmetric information - 2nd ed
Marattin, Luigi; Meraglia, Simone - 2016 - 2nd edition
We analyze fiscal rules within a Monetary Union in the presence of (i) asymmetric information on member states' potential output and (ii) bail-out among member states. The first-best deficit is contingent on the cycle, that is, on member states' output gap. In the presence of asymmetric...
Persistent link: https://www.econbiz.de/10011705510
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Sovereign bail-outs and fiscal rules in a banking union
Marattin, Luigi; Meraglia, Simone; Minetti, Raoul - In: The Scandinavian journal of economics 124 (2022) 4, pp. 1024-1055
Persistent link: https://www.econbiz.de/10014303946
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Berechnungsmethoden des Produktionspotenzials : Darstellung und Kritik
Walther, Steffen - 2007
Persistent link: https://www.econbiz.de/10003556418
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Growth accounting for the euro area: a structural approach
Proietti, Tommaso; Musso, Alberto - 2007
This paper is concerned with the estimation of euro area potential output growth and its decomposition according to the sources of growth. The growth accounting exercise is based on a multivariate structural time series model which combines the decomposition of total output according to the...
Persistent link: https://www.econbiz.de/10011604850
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Growth accounting for the euro area : a structural approach
Proietti, Tommaso (contributor); Musso, Alberto (contributor) - 2007
This paper is concerned with the estimation of euro area potential output growth and its decomposition according to the sources of growth. The growth accounting exercise is based on a multivariate structural time series model which combines the decomposition of total output according to the...
Persistent link: https://www.econbiz.de/10003554313
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Growth accounting for the euro area : a structural approach
Proietti, Tommaso; Musso, Alberto - In: Empirical economics : a journal of the Institute for … 43 (2012) 1, pp. 219-244
Persistent link: https://www.econbiz.de/10009582132
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Measures of the output gap in the Euro-zone : an empirical assessment of selected methods
Chagny, Odile; Döpke, Jörg - 2001
die Euro-Zone. Obwohl die Methoden einige wichtige gemeinsame Eigenschaften aufweisen, zeigen sie auch erhebliche …The paper discusses some widely used methods for estimating output gaps based on aggregated data for the eurozone … methods commonly used have only limited information content for inflation forecasting in the euro-zone. Conclusions for …
Persistent link: https://www.econbiz.de/10011473858
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Ecart e production dans la zone euro : une estimation par le filtre de Hodrick-Prescott multivarié
Chagny, Odile; Lemoine, Matthieu - 2003
Persistent link: https://www.econbiz.de/10002236943
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Measures of the output gap in the Euro-zone : an empirical assessment of selected methods
Chagny, Odile; Döpke, Jörg - In: Vierteljahrshefte zur Wirtschaftsforschung 70 (2001) 3, pp. 310-330
Persistent link: https://www.econbiz.de/10001620500
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Uncertain potential output : implications for monetary policy
Ehrmann, Michael; Smets, Frank - In: Journal of economic dynamics & control 27 (2003) 9, pp. 1611-1638
Persistent link: https://www.econbiz.de/10001745291