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Macroeconomic effects of carbon transition policies : an assessment based on the ECB's new area-wide model with a disaggregated energy sector

Coenen, Günter; Lozej, Matija; Priftis, Romanos - 2023

Persistent link: https://www.econbiz.de/10014334540

Fiscal Policy in the Southern European Union Countries : The Aftermath of COVID-19

Bednář, Milan - 2023

Chapter 1. Introduction -- Chapter 2. Fiscal Policy and Government Debt in the 21st Century -- Chapter 3. European Debt Crisis and Flaws of the Euro Area -- Chapter 4. Sovereign Debt Channels in the Euro Area -- Chapter 5. European Fiscal and Debt Union -- Chapter 6. Specific Characteristics of...

Persistent link: https://www.econbiz.de/10014277682

Fiscal policy in the semi-structural model ECB-BASE

Bańkowski, Krzysztof - 2023

Fiscal policy constitutes a key tool for business cycle stabilisation next to monetary policy. In this context, having a well-suited macroeconomic model for analysing fiscal policy at a central bank is of primary importance. This paper documents the fiscal block of the ECB-BASE, which is a...

Persistent link: https://www.econbiz.de/10014278636

Government bond spreads in the euro area

Carnot, Nicolas; Pamies-Sumner, Stéphanie - In: The Economists' voice 20 (2023) 1, pp. 103-110

Persistent link: https://www.econbiz.de/10014364834

Monetary and fiscal policy responses to fossil fuel price shocks

Bartocci, Anna; Cantelmo, Alessandro; Cova, Pietro; … - 2023

Persistent link: https://www.econbiz.de/10014484211

The effects of high inflation on public finances in the euro area : based on the analysis by the Eurosystem members of the Working Group on Public Finance

Bańkowski, Krzysztof (ed.); … - 2023 - Revised December 2023

The recent spike in inflation, unprecedented in the history of the Economic and Monetary Union (EMU), has had major consequences for all areas of the economy, including public finances. This paper aims to provide a detailed assessment of the effects of high inflation on fiscal accounts in the...