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Publications published in 2001

13/12/2001
Monthly Bulletin, December 2001
13/12/2001
Focus: Forecasts by other institutions
Monthly Bulletin Issue 12, 2001
13/12/2001
Focus: Comparison with June 2001 Projections
Monthly Bulletin Issue 12, 2001
13/12/2001
Focus: Carry-over effects on annual average growth rates of real GDP
Monthly Bulletin Issue 12, 2001
13/12/2001
Focus: Euro area exports and imports of goods according to national accounts and external trade statistics
Monthly Bulletin Issue 12, 2001
13/12/2001
Focus: Recent developments in sectoral stock price indices in the euro area in the United States
Monthly Bulletin Issue 12, 2001
13/12/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 November 2001
Monthly Bulletin Issue 12, 2001
13/12/2001
Focus: Financing and financial investment of the non-financial sectors in the euro area during the first quarter of 2001
Monthly Bulletin Issue 12, 2001
13/12/2001
Focus: Annual review of the reference value for monetary growth
Monthly Bulletin Issue 12, 2001
01/12/2001
Working paper no. 99: Is there a bank lending channel of monetary policy in Spain?
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part 3, Chap. 16, pp 284-296
01/12/2001
Working paper no. 98: The credit channel in the Netherlands: evidence from bank balance sheets
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press as 'The impact of monetary policy on bank lending in the Netherlands', Part 3, Chap.20, pp 335-346 and as 'Microdata Evidence on the Bank Lending Channel in the Netherlands' in De Economist, Vol 151 (3), pp 293-315.
01/12/2001
Working paper no. 97: Asymmetries in bank lending behaviour. Austria during the 1990s
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press as 'The cross-sectional and the time dimension of the bank-lending channel: the Austrian case', Part 3, Chap. 21, pp 347-358
01/12/2001
Working paper no. 96: The reaction of bank lending to monetary policy measures in Germany
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part 3, Chap. 15, pp 270-283. Also published in: Empirica, June 2003, Vol 30 (2), pp 179-198.
01/12/2001
Working paper no. 95: Some stylised facts on the euro area business cycle
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part 1, Chap. 1, pp 15-35
01/12/2001
Working paper no. 94: Monetary policy transmission in the euro area: What do aggregate and national structural models tell us?
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press as 'The effects of monetary policy in the euro area: evidence from structural macroeconomic models', Part 1, Chap. 5, pp 91-106
01/12/2001
Working paper no. 93: The monetary transmission mechanism at the euro-area level: issues and results using structural macroeconomic models
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part 1, Chap.4, pp 75-90. A companion piece was also published as "The effects of euro area interest rate changes", in National Institute Review, 187, January 2004, 70-80.
01/12/2001
Working paper no. 92: A VAR description of the effects of monetary policy in the individual countries of the euro area
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part 1, Chap. 1, pp 56-74
01/12/2001
Working paper no. 91: The monetary transmission mechanism in the euro area: more evidence from VAR analysis
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part 1, Chap.2, pp 36-55
01/12/2001
Working paper no. 112: Firm investment and monetary transmission in the euro area
Published in: Monetary Policy transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part 2, Chap.7, pp 133-161
01/12/2001
Working paper no. 111: Monetary transmission: empirical evidence from Luxembourg firm level data
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part2, Chap.11, pp 212-220
01/12/2001
Working paper no. 110: Does monetary policy have asymmetric effects? A look at the investment decisions of Italian firms
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press as 'Monetary Policy and firms' investment in Italy', Part 2, Chap. 11, pp198-211. Also published in: Giornale degli Economisti e Annali di Economia, June 2002, Vol 61 (1), pp 29-59
01/12/2001
Working paper no. 109: Monetary transmission in Germany: new perspectives on financial constraints and investment spending
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part 2, Chap.9, pp173-186
01/12/2001
Working paper no. 108: Credit channel and investment behaviour in Austria: a micro-econometric approach
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press as 'The role of trade credit and bank lending relationships in the transmission mechanism in Austria',Part 2, Chap.13,pp 221-232
01/12/2001
Working paper no. 107: The interest rate and credit channel in Belgium: an investigation with micro-level firm data
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press as 'Business investment and monetary transmission in Belgium', Part 2, Chap.8, pp162-172. Also published in: Brussels Economic Review Cahiers Economiques de Bruxelles, Autumn 2002, Vol 45 (3), pp 5-35
01/12/2001
Working paper no. 106: Investment, the cost of capital, and monetary policy in the nineties in France: a panel data investigation
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press as 'Monetary Policy and Corporate Investment in France', Part 2, Chap.10, pp 187-197
01/12/2001
Working paper no. 105: Financial systems and the role of banks in monetary policy transmission in the euro area
Published in: Monetary Policy transmission in the Euro Area, I. Angeloni, A. Kashyap and B. Mojon (eds), 2003, Cambridge University
01/12/2001
Working paper no. 104: Is there a bank lending channel of monetary policy in Greece? Evidence from bank level data
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part 3, Chap. 18, pp 309-322
01/12/2001
Working paper no. 103: Bank-specific characteristics and monetary policy transmission: the case of Italy,
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press as 'The Italian banking system and monetary policy transmission: evidence from bank level data', Part 3, Chap.19, pp 323-334
01/12/2001
Working paper no. 102: The bank lending channel of monetary policy: identification and estimation using Portuguese micro bank data
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part 3, Chap. 22, pp 359-371
01/12/2001
Working paper no. 101: Monetary policy and bank lending in France: are there asymmetries?
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press as 'Is there bank-landing channel in France? Evidence from bank panel data', Part 3, Chap. 17, pp 297-308
01/12/2001
Working paper no. 100: Transmission of monetary policy shocks in Finland: evidence from bank level data on loans
Published in: Monetary Policy Transmission in the Euro Area, I Angeloni, A Kashyap and B Mojon (eds), 2003, Cambridge University Press, Part 3, Chap. 23, pp 372-382
30/11/2001
Towards an integrated infrastructure for credit transfers in euro Press release:
18/11/2001
Article: The economic policy framework in EMU
Monthly Bulletin Issue 11, 2001
15/11/2001
Monthly Bulletin, November 2001
15/11/2001
Focus: Longer-term developments in nominal and real interest rates in the euro area
Monthly Bulletin Issue 11, 2001
15/11/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 October 2001
Monthly Bulletin Issue 11, 2001
15/11/2001
Focus: Adjustment of M3 for holdings of negotiable instruments by non-residents of the euro area
Monthly Bulletin Issue 11, 2001
15/11/2001
Article: The information content of composite indicators of the euro area business cycle
Monthly Bulletin Issue 11, 2001
08/11/2001
Fair value accounting in the banking sector: ECB comments on the "Draft standard and basis for conclusions - financial instruments and similar items" issued by the Financial Instruments Joint Working Group of Standard Setters
05/11/2001
European Union balance of payments/international investment position statistical methods Press release:
01/11/2001
Working paper no. 90: Public pensions and growth
Published in: European Economic Review 49 (2005) 1261-1281.
01/11/2001
Working paper no. 89: Monetary policy and fears of financial instability
01/11/2001
Working paper no. 88: Why is it so difficult to beat the random walk forecast of exchange rates?
Published in: Journal of International Economics, Vol 60 (1), May 2003: pp 85-107
01/11/2001
Working paper no. 87: Credit rationing, output gap, and business cycles
01/11/2001
Working paper no. 86: Rational expectations and near rational alternatives: How best to form expectations
01/11/2001
Working paper no. 85: Determinants of the euro real effective exchange rate: a BEER/PEER approach
Published in: Australian Economic Papers, December 2002, Vol 41 (4), pp 437-461
01/11/2001
Working paper no. 84: Data uncertainty and the role of money as an information variable for monetary policy
Published in: European Economic Review, 49(4), May 2005, 975-1006.
01/11/2001
Working paper no. 83: Chi-squared tests of interval and density forecasts and the Bank of England's fan charts
Published in: The International Journal of Forecasting, 2003, vol 19, pp 165-175
01/11/2001
Working paper no. 82: Economic forecasting: some lessons from recent research
Published in: Economic Modelling, Vol 20 (2), March 2003: pp 301-329
18/10/2001
Monthly Bulletin, October 2001
18/10/2001
Focus: Euro area sectoral employment growth and employment business survey results
Monthly Bulletin Issue 10, 2001
18/10/2001
Focus: Preliminary evidence on developments in euro area residential property prices
Monthly Bulletin Issue 10, 2001
18/10/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 September 2001
Monthly Bulletin Issue 10, 2001
18/10/2001
Article: Bidding behaviour of counterparties in the Eurosystem’s regular open market operations
Monthly Bulletin Issue 10, 2001
18/10/2001
Article: Issues related to monetary policy rules
Monthly Bulletin Issue 10, 2001
18/10/2001
Article: The euro cash changeover in markets outside the euro area
Monthly Bulletin Issue 10, 2001
01/10/2001
Working paper no. 81: What can changes in structural factors tell us about unemployment in Europe?
Published in: Scottish Journal of Political Economy, February 2005, 52(1): 75-104.
01/10/2001
Working paper no. 80: The microstructure of the euro money market
Published in: Journal of International Money and Finance, November 2001, 20 (6), pp 895-948
01/10/2001
Working paper no. 79: Does liquidity matter? Properties of a synthetic divisia monetary aggregate in the euro area
Published in: Oxford Bulletin of Economics and Statistics, 2004, 66(3), pp 309-331.
01/10/2001
Working paper no. 78: Investment and monetary policy in the euro area
Published in: Journal of Banking and Finance, November 2002, Vol 26 (11), pp 2111- 2129
27/09/2001
The Eurosystem's policy line with regard to consolidation in central counterparty clearing Press release:
26/09/2001
Review of the international role of the euro
20/09/2001
Monthly Bulletin, September 2001
20/09/2001
Focus: Commodity and geographical breakdown of euro area external trade
Monthly Bulletin Issue 9, 2001
20/09/2001
Focus: The sensitivity of euro area growth to the measurement of ICT prices
Monthly Bulletin Issue 9, 2001
20/09/2001
Focus: The August 2001 Survey of Professional Forecasters (SPF)
Monthly Bulletin Issue 9, 2001
20/09/2001
Focus: Recent declines in commodity prices easing upward pressures on producer prices
Monthly Bulletin Issue 9, 2001
20/09/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 August 2001
Monthly Bulletin Issue 9, 2001
20/09/2001
Focus: Financing and investment of the non-financial sectors of the euro area in 2000
Monthly Bulletin Issue 9, 2001
20/09/2001
Focus: Implications of the cash changeover for currency in circulation and monetary aggregates in the euro area
Monthly Bulletin Issue 9, 2001
01/09/2001
Working paper no. 77: Cyclically adjusted budget balances: an alternative approach Annexes: en
30/08/2001
Monetary analysis: tools and applications Press release:
24/08/2001
The Monetary Policy of the ECB Press release:
20/08/2001
The euro equity markets Press release:
09/08/2001
Monthly Bulletin, August 2001
09/08/2001
Focus: Seasonal adjustment of the current account
Monthly Bulletin Issue 8, 2001
09/08/2001
Focus: Sectoral employment growth in the euro area
Monthly Bulletin Issue 8, 2001
09/08/2001
Focus: Revisions to quarterly national accounts data for the euro area
Monthly Bulletin Issue 8, 2001
09/08/2001
Focus: Release of harmonised statistics for main industrial groupings in short-term statistics
Monthly Bulletin Issue 8, 2001
09/08/2001
Focus: Recent developments in corporate bond spreads
Monthly Bulletin Issue 8, 2001
09/08/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 July 2001
Monthly Bulletin Issue 8, 2001
09/08/2001
Article: Consolidation in central counterparty clearing in the euro area
Monthly Bulletin Issue 8, 2001
09/08/2001
Article: Product market reforms in the euro area
Monthly Bulletin Issue 8, 2001
09/08/2001
Article: Fiscal policies and economic growth
Monthly Bulletin Issue 8, 2001
01/08/2001
Working paper no. 76: Rating agency actions and the pricing of debt and equity of European banks: What can we infer about private sector monitoring of bank soundness?
Published in: Economic Notes, Vol 30 (3), 2001: pp 373-398
01/08/2001
Working paper no. 75: Value at risk models in finance
Published in: Risk Measures for the 21st Century, ed. Giorgio Szego as 'A Comparison of Value at Risk Models in Finance', Wiley & Sons, England, 2004.
01/08/2001
Working paper no. 74: Interbank market integration under asymmetric information
Published in: Review of Financial Studies. Summer 2005; 18(2): 459-90
30/07/2001
The euro bond market Press release:
29/07/2001
The Euro Money Market Press release:
12/07/2001
Monthly Bulletin, July 2001
12/07/2001
Focus: The Broad Economic Policy Guidelines for 2001
Monthly Bulletin Issue 7, 2001
12/07/2001
Focus: Rising HICP inflation since early 1999 has been accompanied by moderate changes in inflation dispersion across euro area countries
Monthly Bulletin Issue 7, 2001
12/07/2001
Focus: Autonomous liquidity factors in the euro area and the use of the forecasts of liquidity needs provided by the ECB
Monthly Bulletin Issue 7, 2001
12/07/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 June 2001
Monthly Bulletin Issue 7, 2001
12/07/2001
Article: New technologies and productivity in the euro area
Monthly Bulletin Issue 7, 2001
11/07/2001
Article: Measures of underlying inflation in the euro area
Monthly Bulletin Issue 7, 2001
01/07/2001
Working paper no. 73: Interbank lending and monetary policy transmission - evidence for Germany
Published in: Journal of the European Economic Association, 2 (6), 2004, pp 1148-1171.
01/07/2001
Working paper no. 72: Bank Concentration and Retail Interest Rates
Published in: Journal of Banking and Finance, Vol 26 (11), November 2002: pp 2155- 2189
01/07/2001
Working paper no. 71: Asset market linkages in crisis periods
Published in: The Review of Economics and Statistics 2003, February 2004, 86 (1), pp 313-326.
01/07/2001
Working paper no. 70: Central bank forecasts of liquidity factors: Quality, publication and the control of the overnight rate
Published in: Banca-Nazionale-del-Lavoro-Quarterly-Review as "Central bank forecasts of liquidity factors and the control of short term interest rates", March 2002, 55 (220): pp 13-37.
01/07/2001
Working paper no. 69: The ECB monetary policy strategy and the money market
Published in: International Journal of Finance and Economics, Vol 6 (4), October 2001: pp 325-342
01/07/2001
Working paper no. 68: The performance of forecast-based monetary policy rules under model uncertainty
Published in: American Economic Review, Vol 93 (3), June 2003: pp 622-645
30/06/2001
Payment and securities settlement systems in the European Union (Blue Book, third edition, 2001) Additional information
23/06/2001
Why price stability? First ECB Central Banking Conference November 2000, Frankfurt, Germany Press release:
15/06/2001
The New Basel Capital Accord, Comments of the European Central Bank Additional information is available on the Bank for International Settlements web site
14/06/2001
Monthly Bulletin, June 2001
14/06/2001
Focus: Forecasts by other institutions
Monthly Bulletin Issue 6, 2001
14/06/2001
Focus: Comparison with December 2000 projections
Monthly Bulletin Issue 6, 2001
14/06/2001
Focus: Decomposing overall HICP developments since early 1999
Monthly Bulletin Issue 6, 2001
14/06/2001
Focus: The information content of the main money market instruments in the euro area
Monthly Bulletin Issue 6, 2001
14/06/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 May 2001
Monthly Bulletin Issue 6, 2001
14/06/2001
Focus: The relationship between retail bank interest rates and market interest rates
Monthly Bulletin Issue 6, 2001
14/06/2001
Focus: Quarterly Table on Financing and Investment (TFI) of non-financial sectors in the euro area
Monthly Bulletin Issue 6, 2001
14/06/2001
Focus: Factors explaining the development of loans to the private sector
Monthly Bulletin Issue 6, 2001
14/06/2001
Focus: Estimates of the nominal and real money gap in the euro area
Monthly Bulletin Issue 6, 2001
14/06/2001
A guide to Eurosystem staff macroeconomic projection exercises Press release:
01/06/2001
Working paper no. 67: The daily market for funds in Europe: Has something changed with the EMU?
Published in: Journal of Money, Credit and Banking, as 'The Market for Funds in Europe: What has changed with the EMU?', February 2006; 38(1): 91-118.
01/06/2001
Working paper no. 66: Can short-term foreign exchange volatility be predicted by the Global Hazard Index?
30/05/2001
TARGET Annual Report 2000 Press release:
17/05/2001
Monthly Bulletin, May 2001
17/05/2001
Focus: Developments in euro area manufacturing production and individual industries
Monthly Bulletin Issue 5, 2001
17/05/2001
Focus: Recent unprocessed food price developments: the impact of BSE and foot-and-mouth disease
Monthly Bulletin Issue 5, 2001
17/05/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 April 2001
Monthly Bulletin Issue 5, 2001
17/05/2001
Focus: Measurement issues related to the inclusion of negotiable instruments in euro area M3
Monthly Bulletin Issue 5, 2001
17/05/2001
Article: Financing and financial investment of the non-financial sectors in the euro area
Monthly Bulletin Issue 5, 2001
17/05/2001
Article: Framework and tools of monetary analysis
Monthly Bulletin Issue 5, 2001
17/05/2001
Article: The new capital adequacy regime the ECB perspective
Monthly Bulletin Issue 5, 2001
01/05/2001
Working paper no. 65: A system approach for measuring the euro area NAIRU
Published in: Empirical Economics, 29(2): 311-341.
01/05/2001
Working paper no. 64: Exchange rate volatility and euro area imports
01/05/2001
Working paper no. 63: Does money lead inflation in the euro area?
01/05/2001
Annual Report 2000
01/05/2001
Article, Annual Report 2000, p.127-134, Production of the Euro banknotes and coins and preparations for the cash changeover
30/04/2001
Money and banking statistics in the accession countries: methodological manual
19/04/2001
Monthly Bulletin, April 2001
19/04/2001
Focus: Euro area balance of payments: the impact of the enlargement of the euro area in 2001 to include Greece
Monthly Bulletin Issue 4, 2001
19/04/2001
Focus: Recent developments in real interest rates in the euro area
Monthly Bulletin Issue 4, 2001
19/04/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 March 2001
Monthly Bulletin Issue 4, 2001
19/04/2001
Article: The collateral framework of the Eurosystem
Monthly Bulletin Issue 4, 2001
19/04/2001
Article: Assessment of general economic statistics for the euro area
Monthly Bulletin Issue 4, 2001
19/04/2001
Article: The introduction of Euro banknotes and coins
Monthly Bulletin Issue 4, 2001
01/04/2001
Working paper no. 62: Spectral based methods to identify common trends and common cycles
01/04/2001
Working paper no. 61: Diffusion index-based inflation forecasts for the euro area
01/04/2001
Working paper no. 60: A multi-country trend indicator for euro area inflation: computation and properties
01/04/2001
Working paper no. 59: Uncertain potential output: implications for monetary policy
Published in: Journal of Economic Dynamics and Control, Vol 27 (9), pp 1611-1638, July 2003
01/04/2001
Working paper no. 58: Business cycle asymmetries in stock returns: evidence from higher order moments and conditional densities
Published in: Journal of Econometrics, Vol 103 (1-2), July 2001: pp 259-306
01/04/2001
Working paper no. 57: Model-based indicators of labour market rigidity
01/04/2001
Working paper no. 56: Stabilization policy in a two country model and the role of financial frictions
Published in: Economic Inquiry, under the title "Financial Frictions and Choice of Exchange Rate Regimes"
01/04/2001
Working paper no. 55: Modelling the demand for loans to the private sector in the euro area
Published in: Applied Economics, Vol 35 (1), January 2003: pp 107-117
01/04/2001
Working paper no. 54: Assessment criteria for output gap estimates
Published in: Economic Modelling, Vol 20 (3), May 2003: pp 528-561
01/04/2001
Working paper no. 53: An evaluation of some measures of core inflation for the euro area
Published in: German Economic Review, August 2003, 4 (3), pp 269-306
30/03/2001
The role of central banks in prudential supervision Press release:
24/03/2001
Structural issues report 2001- Price effects of regulatory reform in selected network industries Press release:
08/03/2001
Monthly Bulletin, March 2001
08/03/2001
Focus: The decomposition of the effective exchange rate of the euro into regional sub-indices
Monthly Bulletin Issue 3, 2001
08/03/2001
Focus: Adjustments in the computation of the euro effective exchange rate indices following the adoption of the euro by Greece
Monthly Bulletin Issue 3, 2001
08/03/2001
Focus: Changes in the definition of unemployment in EU Member States
Monthly Bulletin Issue 3, 2001
08/03/2001
Focus: The February 2001 Survey of Professional Forecasters
Monthly Bulletin Issue 3, 2001
08/03/2001
Focus: Changes in the coverage and methods for computation of the Harmonised Index of Consumer
Monthly Bulletin Issue 3, 2001
08/03/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 February 2001
Monthly Bulletin Issue 3, 2001
01/03/2001
Working paper no. 52: Are the effects of monetary policy in the euro area greater in recessions than in booms?
Published in: Monetary Transmissions in Diverse Economies, Cambridge University Press, 2002: pp 28-48
01/03/2001
Working paper no. 51: The functional form of the demand for euro area M1
Published in: The Manchester School, Vol 71 (2), March 2003: pp 172-204
01/03/2001
Working paper no. 50: Employment and productivity growth in service and manufacturing sectors in France, Germany and the US
01/03/2001
Working paper no. 49: Business cycle and monetary policy analysis in a structural sticky-price model of the euro area
01/03/2001
Working paper no. 48: Financial market integration in Europe: on the effects of EMU on stock markets
Published in: International Journal of Finance and Economics, Vol 7 (3), pp 165-194 July 2002
01/03/2001
Working paper no. 47: Deposit insurance and moral hazard: does the counterfactual matter?
Published in: Review of Finance (2004) as "Deposit insurance, moral hazard and market monitoring"
01/03/2001
Working paper no. 46: A two-factor model of the German term structure of interest rates
Published in: Applied Financial Economics, November 2003, 13(1): pp. 783-806. Also in: Applied quantitative methods for trading and investment, Dunis et al. 2003, (eds), Wiley/Finance, John Wiley and Sons, as 'Modelling the term structure of interest rates: an application of Gaussian affine models to the German yield curve', Chapter 3.
01/03/2001
Working paper no. 45: Testing the rank of the Hankel matrix: a statistical approach
Published in: IEEE Transactions on Automatic Control, Vol 46, No. 2, pp. 331-336
01/03/2001
Working paper no. 43: Sources of economic renewal: from the traditional firm to the knowledge firm
19/02/2001
Cross-border use of collateral: a user's survey Press release:
08/02/2001
Monthly Bulletin, February 2001
08/02/2001
Focus: Recent developments in euro area labour cost indicators
Monthly Bulletin Issue 2, 2001
08/02/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 January 2001
Monthly Bulletin Issue 2, 2001
08/02/2001
Focus: The derivation and use of flow data in monetary statistics
Monthly Bulletin Issue 2, 2001
08/02/2001
Article: The external communication of the European Central Bank
Monthly Bulletin Issue 2, 2001
08/02/2001
Article: Towards a uniform service level for retail payments in the euro area
Monthly Bulletin Issue 2, 2001
08/02/2001
Article: Characteristics of corporate finance in the euro area
Monthly Bulletin Issue 2, 2001
01/02/2001
Working paper no. 44: The supply and demand for Eurosystem deposits - The first 18 months
11/01/2001
Monthly Bulletin, January 2001
11/01/2001
Focus: The employment guidelines for 2001
Monthly Bulletin Issue 1, 2001
11/01/2001
Focus: The survey of professional forecasters
Monthly Bulletin Issue 1, 2001
11/01/2001
Focus: Analysis of HICP developments based on seasonally adjusted data
Monthly Bulletin Issue 1, 2001
11/01/2001
Focus: Monetary policy operations and liquidity conditions in the reserve maintenance period ending on 23 December 2000
Monthly Bulletin Issue 1, 2001
11/01/2001
Article: Monetary policy-making under uncertainty
Monthly Bulletin Issue 1, 2001
11/01/2001
Article: The euro area after the entry of Greece
Monthly Bulletin Issue 1, 2001
11/01/2001
Article: The ECB's relations with international organisations and fora
Monthly Bulletin Issue 1, 2001
01/01/2001
Working paper no. 42: An area-wide model (AWM) for the euro area
Published in: Economic Modelling, January 2005, 22(1): 39-59.
Dataset: en
01/01/2001
Working paper no. 41: Why adopt transparency? The publication of central bank forecasts