We assess the macroeconomic effects of the Eurosystem's asset purchases on the four largest euro area economies using … identification assumptions mainly on euro area aggregate financial variables and on country averages of output and price responses …

(APP) on Latvia and other euro area jurisdictions and investigates the cross-border transmission mechanism. To that end, we … the euro. Regarding other jurisdictions, results suggest that the ECB's asset purchases had a larger impact on industrial …

the euro area during the first two years. The effect on real GDP appears to be stronger in the short term, while that on …

Crisis and Flaws of the Euro Area -- Chapter 4. Sovereign Debt Channels in the Euro Area -- Chapter 5. European Fiscal and …This book examines public debt hoarding within the Euro Area, which is one of the most complicated challenges regarding … structural flaws of the Euro Area and the monetary policy of the European Central Bank. Moreover, the work presents an estimation …

loan rate components, we exploit the co-existence of eurozone-wide security purchase programs and regional fiscal policies …