Statistics and indicators for financial stability analysis and policy, by Jean-Marc Israël, Patrick Sandars, Aurel Schubert and Björn Fischer, April 2013, 1496 kb, en.
The mutating euro area crisis: is the balance between "sceptics" and "advocates" shifting?, by Francesco Paolo Mongelli, February 2013, 1690 kb, en.
Financial shocks and the macroeconomy: heterogeneity and non-linearities, by Kirstin Hubrich, Antonello D’Agostino, Marianna Červená, Matteo Ciccarelli, Paolo Guarda, Markus Haavio, Philippe Jeanfils, Caterina Mendicino, Eva Ortega, Maria Teresa Valderrama and Marianna Valentinyiné Endrész, February 2013, 5941 kb, en.
China's economic growth and rebalancing, by Ettore Dorrucci, Gabor Pula and Daniel Santabárbara, February 2013, 2552 kb, en.
External competitiveness of EU candidate countries, by Lucia Orszaghova, Li Savelin and Willem Schudel, January 2013, 2604 kb, en.
Financial stability analysis: insights gained from consolidated banking data for the EU, by Stefano Borgioli, Ana Cláudia Gouveia and Claudio Labanca, January 2013, 1498 kb, en.
Competitiveness and external imbalances within the euro area, by A team of the Working Group on Econometric Modelling of the European System of Central Banks, December 2012, 3442 kb, en.
Euro area labour markets and the crisis, by Task Force of the Monetary Policy Committee of the European System of Central Banks, October 2012, 4901 kb, en.
The social and private costs of retail payment instruments: a European perspective, by Heiko Schmiedel, Gergana Kostova and Wiebe Ruttenberg, October 2012, 2640 kb, en.
Financial stability challenges for EU acceding and candidate countries: making financial systems more resilient in a challenging environment, by IRC Expert Group of the ESCB, September 2012, 1867 kb, en.
The use of the Eurosystem's monetary policy instruments and operational framework since 2009, by Fabian Eser, Marta Carmona Amaro, Stefano Iacobelli and Marc Rubens, August 2012, 4049 kb, en.
Revisiting the effective exchange rates of the euro, by Martin Schmitz, Maarten De Clercq, Michael Fidora, Bernadette Lauro and Cristina Pinheiro, June 2012, 1544 kb, en.
Shadow banking in the Euro area: an overview, by Klára Bakk-Simon, Stefano Borgioli, Celestino Giron, Hannah Sabine Hempell, Angela Maddaloni, Fabio Recine and Simonetta Rosati, April 2012, 1555 kb, en.
The size and composition of government debt in the euro area, by Dagmar Hartwig Lojsch, Marta Rodríguez-Vives and Michal Slavík, October 2011, 1472 kb, en.
Interchange fees in card payments, by Ann Börestam and Heiko Schmiedel, October 2011, 1143 kb, en.
Some lessons from the financial crisis for the economic analysis, by Geoff Kenny and Julian Morgan, October 2011, 1205 kb, en.
The Stability and Growth Pact - crisis and reform, by Ludger Schuknecht, Philippe Moutot, Philipp Rother and Jürgen Stark , September 2011, 1010 kb, en.
Structural features of distributive trades and their impact on prices in the euro area, by Task Force of the Monetary Policy Committee of the European System of Central Banks, September 2011, 2604 kb, en.
Beyond the economics of the euro - analysing the institutional evolution of EMU 1999-2010, September 2011, by Marion Salines, Gabriel Glöckler, Zbigniew Truchlewski and Paola del Favero, September 2011, 1275 kb, en.
Euro area cross-border financial flows and the global financial crisis, by Katrin Forster , Melina A. Vasardani and Michele Ca' Zorzi, July 2011, 1655 kb, en.
Household sector borrowing in the euro area - a micro data perspective, by Ramón Adalid, Adriana Lojschová and Thomas Westermann, April 2011, 1169 kb, en.
Who has been affected, how and why? The spillover of the global financial crisis to Sub-Saharan Africa and ways to recovery, by Sophie Chauvin and André Geis, March 2011, 1308 kb, en.
The international monetary system after the financial crisis, by Ettore Dorrucci and Julie McKay, February 2011, 1364 kb, en.
The impact of the Eurosystem's covered bond purchase programme on the primary and secondary markets, by John Beirne, Lars Dalitz, Jacob Ejsing, Magdalena Grothe, Simone Manganelli, Fernando Monar, Benjamin Sahel, Matjaž Sušec, Jens Tapking and Tana Vong, January 2011, 1022 kb, en.
The collateral frameworks of the Eurosystem, the Federal Reserve System and the Bank of England and the financial market turmoil, by Samuel Cheun, Isabel von Köppen-Mertes and Benedict Weller, December 2009, 770 kb, en.
Monetary policy strategy in a global environment, by Philippe Moutot and Giovanni Vitale, August 2009, 1559 kb, en.
Flow-of-funds analysis at the ECB – framework and applications, by Louis Be Duc and Gwenaël Le Breton, August 2009, 1499 kb, en.
Fiscal policy challenges in oil-exporting countries – a review of key issues, by Michael Sturm, François Gurtner and Juan González Alegre, June 2009, 1696 kb, en.
Transnational governance in global finance: the principles for stable capital flows and fair debt restructuring in emerging markets, by Raymond Ritter, April 2009, 1471 kb, en.
Domestic financial development in emerging economies: evidence and implications, by Ettore Dorrucci, Alexis Meyer-Cirkel and Daniel Santabárbara, April 2009, 1249 kb, en.
Housing finance in the euro area, by Task Force of the Monetary Policy Committee of the European System of Central Banks, March 2009, 2216 kb, en.
Survey data on household finance and consumption: research summary and policy use, January 2009, 705 kb, en.
The ECB and IMF indicators for the macro-prudential analysis of the banking sector: a comparison of the two approaches, by Anna Maria Agresti, Patrizia Baudino and Paolo Poloni, November 2008, 839 kb, en.
Will oil prices decline over the long run?, by Robert K. Kaufmann, Pavlos Karadeloglou and Filippo di Mauro, October 2008, 794 kb, en.
Globalisation and the competitiveness of the euro area, by Filippo di Mauro and Katrin Forster, September 2008, 1051 kb, en.
The monetary presentation of the euro area balance of payments, by Louis Be Duc, Frank Mayerlen and Pierre Sola, September 2008, 898 kb, en.
Financial stability challenges in candidate countries managing the transition to deeper and more market-oriented financial systems, September 2008, 933 kb, en.
The changing role of the exchange rate in a globalised economy, by Filippo di Mauro, Rasmus Rüffer and Irina Bunda, September 2008, 1121 kb, en.
Russia, EU enlargement and the euro, by Zbigniew Polański and Adalbert Winkler, August 2008, 2023 kb, en.
The Gulf Cooperation Council countries – economic structures, recent developments and role in the global economy, by Michael Sturm, Jan Stráský, Petra Adolf and Dominik Peschel, July 2008, 1270 kb, en.
The impact of sovereign wealth funds on global financial markets, by Roland Beck and Michael Fidora, July 2008, 765 kb, en.
Wage growth dispersion across the euro area countries: some stylised facts, by Malin Andersson, Arne Gieseck, Beatrice Pierluigi and Nick Vidalis, July 2008, 886 kb, en.
An analysis of youth unemployment in the euro area, by Ramón Gómez-Salvador and Nadine Leiner-Killinger, June 2008, 728 kb, en.
Real convergence, financial markets, and the current account – Emerging Europe versus emerging Asia, by Sabine Herrmann and Adalbert Winkler, June 2008, 893 kb, en.
Labour supply and employment in the euro area countries: developments and challenges, by Task Force of the Monetary Policy Committee of the ESCB, Klaus Masuch, Ramón Gómez-Salvador, Nadine Leiner-Killinger, Rolf Strauch, Jarkko Turunen and Melanie Ward-Warmedinger, June 2008, 1098 kb, en.
Real convergence and the determinants of growth in EU candidate and potential candidate countries: a panel data approach, by Magdalena Morgese Borys, Éva Katalin Polgár and Andrei Zlate, June 2008, 850 kb, en.
Benchmarking the Lisbon Strategy, by Demosthenes Ioannou, Marien Ferdinandusse, Marco Lo Duca and Wouter Coussens, June 2008, 1535 kb, en.
Short-term forecasting of GDP using large monthly datasets: a pseudo real-time forecast evaluation exercise, by Karim Barhoumi, Szilard Benk, Riccardo Cristadoro, Ard Den Reijer, Audrone Jakaitiene, Piotr Jelonek, António Rua, Gerhard Rünstler, Karsten Ruth and Christophe Van Nieuwenhuyze, May 2008, 756 kb, en.
The predictability of monetary policy, by Tobias Blattner, Marco Catenaro, Michael Ehrmann, Rolf Strauch and Jarkko Turunen, March 2008, 891 kb, en.
The sustainability of China’s exchange rate policy and capital account liberalisation, by Lorenzo Cappiello and Gianluigi Ferrucci, March 2008, 1280 kb, en.
Measuring financial integration in new EU Member States, by Markus Baltzer, Lorenzo Cappiello, Roberto A. De Santis and Simone Manganelli, March 2008, 1812 kb, en.
China's and India's roles in global trade and finance: twin titans for the new millennium?, by Matthieu Bussière and Arnaud Mehl, January 2008, 1014 kb, en.
The working of the eurosystem: monetary policy preparations and decision-making – selected issues, by Philippe Moutot, Alexander Jung and Francesco Paolo Mongelli, January 2008, 1003 kb, en.
A framework for assessing global imbalances, by Thierry Bracke, Matthieu Bussière, Michael Fidora and Roland Straub, January 2008, 1121 kb, en.
Oil market structure, network effects and the choice of currency for oil invoicing, by Elitza Mileva and Nikolaus Siegfried, December 2007, 1258 kb, en.
Prudential and oversight requirements for securities settlement, by Daniela Russo, Giacomo Caviglia, Chryssa Papathanassiou and Simonetta Rosati, December 2007, 977 kb, en.
The role of other financial intermediaries in monetary and credit developments in the euro area, by Philippe Moutot (Editor), Dieter Gerdesmeier, Adriana Lojschová and Julian von Landesberger, October 2007, 2158 kb, en.
Analysis of revisions to general economic statistics, by Mariagnese Branchi, Heinz Christian Dieden, Wim Haine, Csaba Horváth, Andrew Kanutin and Linda Kezbere, October 2007, 1028 kb, en.
Reserve accumulation: objective or by-product?, by Johannes Onno de Beaufort Wijnholds and Lars Søndergaard, September 2007, 953 kb, en.
The role of financial markets and innovation in productivity and growth in Europe, by Philipp Hartmann, Florian Heider, Elias Papaioannou and Marco Lo Duca, September 2007, 1357 kb, en.
The economic impact of the Single Euro Payments Area, by Heiko Schmiedel, August 2007, 1259 kb, en.
The search for Columbus’ egg - finding a new formula to determine quotas at the IMF, by Martin Skala, Christian Thimann and Regine Wölfinger, August 2007, 1551 kb, en.
Fiscal policy in Mediterranean countries – Developments, structures and implications for monetary policy, by Michael Sturm and François Gurtner, August 2007, 1359 kb, en.
The securities custody industry, by Diana Chan, Florence Fontan, Simonetta Rosati and Daniela Russo, August 2007, 1439 kb, en.
Towards harmonised balance of payments and international investment position statistics – the experience of the European compilers, by Jean Marc Israël and Carlos Sánchez Muñoz, July 2007, 1182 kb, en.
Structural reforms in EMU and the role of monetary policy – a survey of the literature, by Nadine Leiner-Killinger, Víctor López Pérez, Roger Stiegert and Giovanni Vitale, July 2007, 1218 kb, en.
The performance of credit rating systems in the assessment of collateral used in Eurosystem monetary policy operations, by François Coppens, Fernando González and Gerhard Winkler, July 2007, 1428 kb, en.
The use of portfolio credit risk models in central banks, July 2007, 1577 kb, en.
Corporate finance in the euro area – including background material, June 2007, 2094 kb, en.
Inflation-linked bonds from a Central Bank perspective, by Juan Angel García and Adrian Van Rixtel, June 2007, 1184 kb, en.
Determinants of growth in the central and eastern European EU member states - a production function approach, by Olga Arratibel, Frigyes Ferdinand Heinz, Reiner Martin, Marcin Przybyla, Lukasz Rawdanowicz, Roberta Serafini and Tina Zumer, April 2007, 1932 kb, en.
Commodity price fluctuations and their impact on monetary and fiscal policies in Western and Central Africa, by Uwe Böwer, André Geis and Adalbert Winkler, April 2007, 1996 kb, en.
The ECB survey of professional forecasters (SPF) – A review after eight years’ experience, by Carlos Bowles, Roberta Friz, Véronique Genre, Geoff Kenny, Aidan Meyler and Tuomas Rautanen, April 2007, 1186 kb, en.
Long-term growth prospects for the Russian economy, by Roland Beck, Annette Kamps and Elitza Mileva, March 2007, 930 kb, en.
Understanding price developments and consumer price indices in south-eastern Europe, by Sabine Herrmann and Éva Katalin Polgár, March 2007, 1105 kb, en.
Assessing fiscal soundness: theory and practice, by Nicola Giammarioli, Christiane Nickel, Philipp Rother and Jean-Pierre Vidal, March 2007, 1438 kb, en.
Globalisation and euro area trade - Interactions and challenges, by Ursel Baumann and Filippo di Mauro, March 2007, 1159 kb, en.
Quantitative quality indicators for statistics – an application to euro area balance of payment, by Violetta Damia and Carmen Picón Aguilar, November 2006, 956 kb, en.
Labour productivity developments in the euro area, by Ramón Gómez-Salvador, Alberto Musso, Marc Stocker and Jarkko Turunen, October 2006, 795 kb, en.
Cross-border labour mobility within an enlarged EU, by Frigyes Ferdinand Heinz and Melanie Ward-Warmedinger, October 2006, 749 kb, en.
Macroeconomic implications of demographic developments in the euro area, by Angela Maddaloni, Alberto Musso, Philipp Rother, Melanie Ward-Warmedinger and Thomas Westermann, August 2006, 1170 kb, en.
Implications for liquidity from innovation and transparency in the European corporate bond market, by Marco Laganá, Martin Peřina, Isabel von Köppen-Mertes and Avinash Persaud, August 2006, 744 kb, en.
Credit risk mitigation in central bank operations and its effects on financial markets: the case of the Eurosystem, by Ulrich Bindseil and Francesco Papadia, August 2006, 817 kb, en.
Macroeconomic and financial stability challenges for acceding and candidate countries, July 2006, 2157 kb, en.
The reform and implementation of the Stability and Growth Pact, by Richard Morris, Hedwig Ongena and Ludger Schuknecht, June 2006, 1244 kb, en.
Inflation persistence and price-setting behaviour in the euro area – a summary of the IPN evidence, by Filippo Altissimo, Michael Ehrmann and Frank Smets, June 2006, 1582 kb, en.
Output growth differentials across the euro area countries: some stylised facts, by Nicholai Benalal, Beatrice Pierluigi, Juan Luis Diaz del Hoyo and Nick Vidalis, May 2006, 2063 kb, en.
Competition, productivity and prices in the euro area services sector, by Task Force of the Monetary Policy Committee of the ESCB, April 2006, 1487 kb, en.
The accumulation of foreign reserves, March 2006, 815 kb, en.
The New Basel Capital Framework and its implementation in the European Union, by Frank Dierick, Fatima Pires, Martin Scheicher and Kai Gereon Spitzer, December 2005, 1491 kb, en.
Trends and patterns in working time across euro area countries 1970-2004: causes and consequences, by Nadine Leiner-Killinger, Christophe Madaschi and Melanie Ward-Warmedinger, December 2005, 1369 kb, en.
What does European institutional integration tell us about trade integration?, by Francesco Paolo Mongelli, Ettore Dorrucci and Itai Agur, December 2005, 1566 kb, en.
Labour productivity in the Nordic EU countries: a comparative overview and explanatory factors 1980-2004, by Anatoli Annenkov and Christophe Madaschi, October 2005, 1232 kb, en.
Economic reactions to public finance consolidation: A survey of the literature, by Maria Gabriella Briotti, October 2005, 1419 kb, en.
Financing conditions in the euro area, by Louis Be Duc, Gabe de Bondt, Alessandro Calza, David Marqués-Ibáñez, Adrian Van Rixtel and Silvia Scopel, October 2005, 789 kb, en.
Economic and monetary integration of New Member States - helping to chart the route, by Ignazio Angeloni, Michael Flad and Francesco Paolo Mongelli, September 2005, 2537 kb, en.
The institutional framework for financial market policy in the USA seen from an EU perspective, by Reinhard Petschnigg, September 2005, 535 kb, en.
Hedge funds and their implications for financial stability, by Tomas Garbaravicius and Frank Dierick, August 2005, 1975 kb, en.
Integration of securities market infrastructure in the euro area, by Heiko Schmiedel and Andreas Schönenberger, July 2005, 1578 kb, en.
Managing financial crises in emerging market economies - experience with the involvement of private sector creditors, July 2005, 1568 kb, en.
Regional monetary integration in the member states of the Gulf Cooperation Council, by Michael Sturm and Nikolaus Siegfried, June 2005, 1849 kb, en.
Competitiveness and the export performance of the euro area, June 2005, 1065 kb, en.
Wealth and asset price effects on economic activity, by Filippo Altissimo, Evaggelia Georgiou, Teresa Sastre, Maria Teresa Valderrama, Gabriel Sterne, Marc Stocker, Mark Weth, Karl Whelan and Alpo Willman, June 2005, 734 kb, en.
Regulatory reforms in selected EU network industries, by Reiner Martin, Moreno Roma and Isabel Vansteenkiste, April 2005, 811 kb, en.
The EU budget - how much scope for institutional reform?, by Henrik Enderlein, Johannes Lindner, Oscar Calvo-Gonzalez and Raymond Ritter, April 2005, 835 kb, en.
Analysing banking sector conditions - How to use macro-prudential indicators, by Leena Mörttinen, Paolo Poloni, Patrick Sandars and Jukka Vesala, April 2005, 1717 kb, en.
Government debt management in the euro area - recent theoretical developments and changes in practices, by Guido Wolswijk and Jakob de Haan, March 2005, 505 kb, en.
Wage diversity in the euro area - an overview of labour cost differentials across industries, by Véronique Genre, Daphne Momferatou and Gilles Mourre, February 2005, 696 kb, en.
The bank lending survey for the euro area, by Jesper Berg, Adrian Van Rixtel, Annalisa Ferrando, Gabe de Bondt and Silvia Scopel, February 2005, 749 kb, en.
Assessing potential output growth in the euro area - a growth accounting perspective, January 2005, by Alberto Musso and Thomas Westermann, January 2005, 806 kb, en.
Governance of securities clearing and settlement systems, by Daniela Russo, Terry L. Hart, Maria Chiara Malaguti and Chryssa Papathanassiou, November 2004, 830 kb, en.
The supervision of mixed financial services groups in Europe, by Frank Dierick, August 2004, 708 kb, en.
Sectoral specialisation in the EU: a macroeconomic perspective, by MPC task force of the ESCB, July 2004, 834 kb, en.
The international role of the euro: evidence from bonds issued by non-euro area residents, by André Geis, Arnaud Mehl and Stefan Wredenborg, July 2004, 724 kb, en.
Corporate "excesses" and financial market dynamics, by Angela Maddaloni and Darren Pain, July 2004, 756 kb, en.
Market dynamics associated with credit ratings: a literature review, by François Haas, Ronald Johannes, Mattias Persson, Liliana Toledo, Roberto Violi, Martin Wieland and Carmen Zins, June 2004, 585 kb, en.
Quality adjustment of European price statistics and the role for hedonics, by Henning Ahnert and Geoff Kenny, May 2004, 646 kb, en.
Measuring financial integration in the euro area, by Lieven Baele, Annalisa Ferrando, Peter Hördahl, Elizaveta Krylova and Cyril Monnet, May 2004, 1274 kb, en.
Fair value accounting and financial stability, by Andrea Enria, Lorenzo Cappiello, Frank Dierick, Grittini Sergio, Andrew Haralambous, Angela Maddaloni, Philippe Molitor, Fatima Pires and Paolo Poloni, April 2004, 701 kb, en.
Understanding the impact of the external dimension on the euro area: trade, capital flows and other international macroeconomic linkages, by Robert Anderton, Filippo di Mauro and Fabio Moneta, April 2004, 836 kb, en.
Official dollarisation/euroisation: motives, features and policy implications of current cases, by Adalbert Winkler, Francesco Mazzaferro, Carolin Nerlich and Christian Thimann, February 2004, 751 kb, en.
The acceding countries’ strategies towards ERM II and the adoption of the euro: an analytical review, by Peter Backé, Christian Thimann, Olga Arratibel, Oscar Calvo-Gonzalez, Arnaud Mehl and Carolin Nerlich, February 2004, 795 kb, en.
Fiscal adjustment between 1991 and 2002: stylised facts and policy implications, by Maria Gabriella Briotti, February 2004, 689 kb, en.
Economic relations with regions neighbouring the euro area in the "euro time zone", by Francesco Mazzaferro, Arnaud Mehl, Michael Sturm, Christian Thimann and Adalbert Winkler, December 2002, 390 kb, en.
Banking integration in the euro area, by Inês Cabral, Frank Dierick and Jukka Vesala, December 2002, 399 kb, en.
The evolution of clearing and central counterparty services for exchange-traded derivatives in the United States and Europe: a comparison, by Daniela Russo, Terry L. Hart and Andreas Schönenberger, September 2002, 291 kb, en.
Labour force developments in the euro area since the 1980s, by Véronique Genre and Ramón Gómez-Salvador, July 2002, 141 kb, en.
Estimating the trend of M3 income velocity underlying the reference value for monetary growth, by Claus Brand, Dieter Gerdesmeier and Barbara Roffia, May 2002, 330 kb, en.
The effective exchange rates of the euro, by Luca Buldorini, Stelios Makrydakis and Christian Thimann, February 2002, 532 kb, en.