- 22/12/2004
- Working paper no. 424: An empirical study of liquidity and information effects of order flow on exchange rates
- 22/12/2004
- Working paper no. 423: Price setting in France: new evidence from survey data
Published in: Revue d'Economie Politique, Vol 117, 2006: pp 541-554
- 20/12/2004
- Working paper no. 422: What determines fiscal balances? An empirical investigation in determinants of changes in OECD budget balances
Published in: Empirica (2007), vol. 34, pp. 1-14; published as “Budget Balances in OECD Countries: What Makes Them Change?”.
- 20/12/2004
- Working paper no. 421: EU fiscal rules: issues and lessons from political economy
Published in: International Economics and Economic Policy (2005) 2: 65-89.
- 20/12/2004
- Research network on capital markets and financial integration in Europe
- 17/12/2004
- Review of the requirements in the field of general economic statistics
- 16/12/2004
- Working paper no. 420: On prosperity and posterity: the need for fiscal discipline in a monetary union
- 15/12/2004
- Cross-Border Bank Contagion Risk in EuropeFinancial Stability Review Issue 2, 2004
- 15/12/2004
- Growth of the Hedge Fund Industry: Financial Stability IssuesFinancial Stability Review Issue 2, 2004
- 15/12/2004
- Securities Settlement Systems and Financial StabilityFinancial Stability Review Issue 2, 2004
- 15/12/2004
- The Comprehensive Approach of Basel IIFinancial Stability Review Issue 2, 2004
- 15/12/2004
- Aggregate EU Household Indebtedness: Financial Stability ImplicationsFinancial Stability Review Issue 2, 2004
- 15/12/2004
- Financial Stability Review, December 2004
- 09/12/2004
- Forecasts by other institutionsEconomic Bulletin Issue 12, 2004
- 09/12/2004
- Comparison with the ECB staff macroeconomic projections of September 2004Economic Bulletin Issue 12, 2004
- 09/12/2004
- Good standards for compiling and reporting government finance statisticsEconomic Bulletin Issue 12, 2004
- 09/12/2004
- Possible impact of the removal of trade quotas for textiles and clothingEconomic Bulletin Issue 12, 2004
- 09/12/2004
- Competition and price developments in the euro area electricity and gas marketsEconomic Bulletin Issue 12, 2004
- 09/12/2004
- Recent trends in implied bond market volatilityEconomic Bulletin Issue 12, 2004
- 09/12/2004
- Liquidity conditions and monetary policy operations from 11 August to 8 November 2004Economic Bulletin Issue 12, 2004
- 09/12/2004
- Financing conditions of non-financial corporations in the euro areaEconomic Bulletin Issue 12, 2004
- 09/12/2004
- Saving, financing and investment of euro area households and non-financial corporations in 2003Economic Bulletin Issue 12, 2004
- 09/12/2004
- Risk aversion and developments in monetary aggregatesEconomic Bulletin Issue 12, 2004
- 09/12/2004
- Prediction of future oil pricesEconomic Bulletin Issue 12, 2004
- 03/12/2004
- Publication of euro bond market study 2004
- 02/12/2004
- Towards a single euro payments area - third progress report
- 02/12/2004
- Eurosystem staff macroeconomic projections for the euro area
- 01/12/2004
- Working paper no. 419: The design of fiscal rules and forms of governance in European Union countries
- 30/11/2004
- Working paper no. 418: Identifying the influences of nominal and real rigidities in aggregate price-setting behavior
Published in: Journal of Monetary Economics, Vol 54 (8), 2007: pp 2439-2466
- 30/11/2004
- Working paper no. 413: An empirical analysis of price setting behaviour in the Netherlands in the period 1998-2003 using micro data
- 30/11/2004
- Working paper no. 411: Fiscal discipline and the cost of public dept service: some estiames for OECD countries
- 30/11/2004
- Working paper no. 408: The great inflation, limited asset markets participation and aggregate demand: FED policy was better than you think
- 29/11/2004
- Letter from the ECB President to Mr Paolo Cirino Pomicino, Member of the Committee on Economic and Monetary Affairs
- 26/11/2004
- Occasional paper no. 21: Governance of securities clearing and settlement systems
- 26/11/2004
- Letter from the ECB President to the President of the European Parliament
- 24/11/2004
- Working paper no. 417: Staggered price contracts and inflation persistence: some general results
- 24/11/2004
- Working paper no. 416: Price setting behaviour in Spain: stylised facts using consumer price micro data
Published in: Economic Modelling, Vol 23 (4), July 2006: pp 699 as "Price setting behaviour in Spain: evidence from consumer price micro-data"
- 24/11/2004
- Working paper no. 415: How persistent is disaggregate inflation? An analysis across EU 15 countries and HICP sub-indices
Published in: Applied Economics Letters, Vol 16(12), 2009: pp 1271-1275 as "Mean Reversion and Sales"
- 24/11/2004
- Working paper no. 414: Inflation persistence in the European Union, the euro area, and the United States
- 24/11/2004
- Working paper no. 407: Banking consolidation and small business lending
- 24/11/2004
- Bond markets and long-term interest rates in non-euro area Member States of the European Union and in accession countries
- 24/11/2004
- Report on EU banking structure 2004
- 24/11/2004
- EU banking sector stability 2004
- 19/11/2004
- Working paper no. 412: The real effects of money growth in dynamic general equilibrium
- 19/11/2004
- Working paper no. 410: Do options-implied RND functions on G3 currencies move around the times of interventions on the JPY/USD exchange rate?
- 19/11/2004
- Working paper no. 409: Currency mismatch, uncertainty and debt maturity structure
Published in: B.E. Journals in Macroeconomics 6(1): Article 5.
- 11/11/2004
- Latest developments in investment by type of productEconomic Bulletin Issue 11, 2004
- 11/11/2004
- Private sector expectations for inflation and economic activity in the euro area: results of the 2004 Q4 Survey of Professional Forecasters (SPF) and other available indicatorsEconomic Bulletin Issue 11, 2004
- 11/11/2004
- Recent trends in implied stock market volatilityEconomic Bulletin Issue 11, 2004
- 11/11/2004
- The results of the October 2004 bank lending survey for the euro areaEconomic Bulletin Issue 11, 2004
- 11/11/2004
- Features of mortgage contracts in the euro areaEconomic Bulletin Issue 11, 2004
- 11/11/2004
- Extracting information from financial asset pricesEconomic Bulletin Issue 11, 2004
- 11/11/2004
- Oil prices and the euro area economyEconomic Bulletin Issue 11, 2004
- 11/11/2004
- Developments in the EU framework for financial regulation, supervision and stabilityEconomic Bulletin Issue 11, 2004
- 10/11/2004
- European Union balance of payments/international investment position statistical methods
- 07/11/2004
- Working paper no. 406: Labour market reform and the sustainability of exchange rate pegs
Published in: Scottish Journal of Political Economy (2010), 57(1), pp. 85-102.
- 07/11/2004
- Working paper no. 405: A joint econometric model of macroeconomic and term structure dynamics
Published in: Journal of Econometrics, March-April 2006; 131(1-2): 405-44.
- 05/11/2004
- Working paper no. 404: An analysis of systemic risk in alternative securities settlement architectures
- 05/11/2004
- Working paper no. 403: Financial market integration and loan competition: when is entry deregulation socially beneficial?
- 05/11/2004
- Working paper no. 402: Forecasting euro area inflation using dynamic factor measures of underlying inflation
Published in: Journal of Forecasting, November 2005, Vol. 24, pp. 491-503.
- 01/11/2004
- Research Bulletin No. 1
- 29/10/2004
- Working paper no. 401: Foreign direct investment and international business cycle comovement
- 29/10/2004
- Working paper no. 400: Cross-country differences in monetary policy transmission
- 29/10/2004
- Working paper no. 399: Sporadic manipulation in money markets with central bank standing facilities
Published in: International Journal of Central Banking, as "Manipulation in Money Markets", 3(1), special issue, March 2007, 113-148.
- 29/10/2004
- Working paper no. 398: Mergers and acquisitions and bank performance in Europe: the role of strategic similarities
Published in: Journal of Economics and Business 60, 3, p. 179-290
- 29/10/2004
- Working paper no. 397: Determinants of euro term structure of credit spreads
- 26/10/2004
- Issues paper for the ECB Conference on 10 November 2004 'E-payments without frontiers'
- 25/10/2004
- Working paper no. 396: The short-term impact of government budgets on prices: evidence from macroeconomic models
Published in: Journal of Policy Modeling 30 (2008) 123-143.
- 25/10/2004
- Working paper no. 395: Fiscal sustainability and public debt in an endogenous growth model
Published in: Journal of Pension Economics and Finance, 2010, Vol. 9 (2),277-302.
- 25/10/2004
- The European Central Bank – History, role and functions
- 22/10/2004
- Standards for securities clearing and settlement in the European Union
- 20/10/2004
- Convergence Report
- 14/10/2004
- The geographical composition of euro area foreign demandEconomic Bulletin Issue 10, 2004
- 14/10/2004
- Developments in total hours worked in the euro areaEconomic Bulletin Issue 10, 2004
- 14/10/2004
- Monetary analysis in real timeEconomic Bulletin Issue 10, 2004
- 14/10/2004
- Economic integration in selected regions outside the European UnionEconomic Bulletin Issue 10, 2004
- 08/10/2004
- Institutional provisions. Statute of the ESCB and of the ECB. Rules of procedure
- 30/09/2004
- Working paper no. 394: Liquidity, money creation and destruction, and the returns to banking
Published in: International-Economic-Review. May 2005; 46(2): 675-706
- 30/09/2004
- Working paper no. 393: The determinants of the overnight interest rate in the euro area
- 29/09/2004
- Working paper no. 392: The role of central bank capital revisited
- 29/09/2004
- Working paper no. 391: Comparing shocks and frictions in US and euro area business cycles: a Bayesian DSGE approach
Published in: Journal of Applied Econometrics, 20(1), January 2005
- 29/09/2004
- Working paper no. 390: Financial markets' behavior around episodes of large changes in the fiscal stance
- 29/09/2004
- TARGET2 - the future TARGET system, brochure (update 2004)
- 29/09/2004
- TARGET - the current system, brochure (update 2004)
- 14/09/2004
- Working paper no. 389: Forecasting with a Bayesian DSGE model: an application to the euro area
Published in: Journal of Common Market Studies, 42(4),: 841-867
- 13/09/2004
- Letter from the ECB President to the Chairman of International Accounting Standards Board of 6 September 2004: Exposure Draft of proposed amendments to IAS 39 - The fair value option
- 09/09/2004
- Update of the overall trade weights for the effective exchange rates of the euro and computation of a new set of euro indicatorsEconomic Bulletin Issue 9, 2004
- 09/09/2004
- Track record of budgetary forecasts in stability and convergence programmesEconomic Bulletin Issue 9, 2004
- 09/09/2004
- ECB staff macroeconomic projections for the euro areaEconomic Bulletin Issue 9, 2004
- 09/09/2004
- Principal European Economic Indicators: progress up to September 2004Economic Bulletin Issue 9, 2004
- 09/09/2004
- Recent developments in unit labour costs and their implications for euro area inflationEconomic Bulletin Issue 9, 2004
- 09/09/2004
- Recent trends in residential property prices in the euro area and across euro area countriesEconomic Bulletin Issue 9, 2004
- 09/09/2004
- How do stock markets react to changes in oil prices?Economic Bulletin Issue 9, 2004
- 09/09/2004
- Measuring real interest rates in the euro area countriesEconomic Bulletin Issue 9, 2004
- 09/09/2004
- Liquidity conditions and monetary policy operations from 12 May to 10 August 2004Economic Bulletin Issue 9, 2004
- 09/09/2004
- The link between asset prices and monetary developmentsEconomic Bulletin Issue 9, 2004
- 07/09/2004
- Working paper no. 388: Euro area inflation differentials
Published in: The B.E. Journal of Macroeconomics: Vol. 7 : Iss. 1 (Topics), Article 24
- 02/09/2004
- ECB staff macroeconomic projections for the euro area
- 27/08/2004
- Working paper no. 387: Horizontal and vertical integration and securities trading and settlement
- 27/08/2004
- Working paper no. 386: Intergenerational altruism and neoclassical growth models
Published in: chapter 15 of the Handbook of the Economics of Giving, Altruism and Reciprocity, Volume 2, Elsevier, (2006).
- 27/08/2004
- Working paper no. 385: Euro area sovereign yield dynamics: the role of order imbalance
- 27/08/2004
- Working paper no. 384: Price rigidity. Evidence from the French CPI micro-data
Published in: What do thirteen million price records have to say about consumer price rigidity?, L.Baudry, H.Le Bihan, P.Sevestre and S.Tarrieu, published in: Oxford Bulletin of Economics and Statistics, 2007, vol. 69, n°2, 2007, 139-183.
- 17/08/2004
- Working paper no. 383: Explicit inflation objectives and macroeconomic outcomes
- 12/08/2004
- Differences between industrial production and value added data in industry in the first quarter of 2004Economic Bulletin Issue 8, 2004
- 12/08/2004
- Private sector expectations for inflation and economic activity in the euro area: results of the 2004 Q3 Survey of Professional Forecasters (SPF) and other available indicatorsEconomic Bulletin Issue 8, 2004
- 12/08/2004
- Analysing MFI interest rates at the euro area levelEconomic Bulletin Issue 8, 2004
- 12/08/2004
- The information content of euro area long-term forward interest ratesEconomic Bulletin Issue 8, 2004
- 12/08/2004
- The results of the July 2004 bank lending survey for the euro areaEconomic Bulletin Issue 8, 2004
- 12/08/2004
- Properties and use of general government quarterly accountsEconomic Bulletin Issue 8, 2004
- 12/08/2004
- The European Constitution and the ECBEconomic Bulletin Issue 8, 2004
- 12/08/2004
- Euro banknotes: first years of experienceEconomic Bulletin Issue 8, 2004
- 09/08/2004
- Working paper no. 382: Longer-term effects of monetary growth on real and nominal variables, major industrial countries, 1880-2001
- 09/08/2004
- Working paper no. 381: Fiscal rules and sustainability of public finances in an endogenous growth model
- 06/08/2004
- Working paper no. 380: Optimal monetary policy under discretion with a zero bound on nominal interest rates
Published in: Journal of Monetary Economics, April 2007; 54(3): 728-52 as "Discretionary Monetary Policy and the Zero Lower Bound on Nominal Interest Rates".
- 06/08/2004
- Occasional paper no. 20: The supervision of mixed financial services groups in Europe
- 31/07/2004
- Occasional paper no. 19: Sectoral specialisation in the EU: a macroeconomic perspective
- 30/07/2004
- Occasional paper no. 18: The international role of the euro: evidence from bonds issued by non-euro area residents
- 27/07/2004
- Working paper no. 379: Do financial market variables show (symmetric) indicator properties relative to exchange rate returns?
Published in: Review of World Economics, 142 (1), pp. 165-180 as "Do Financial Market variables Show Indicator Properties Relative to Exchange Rate Returns?"
- 27/07/2004
- Working paper no. 378: Liquidity, information, and the overnight rate
- 27/07/2004
- Working paper no. 377: Optimal monetary policy under commitment with a zero bound on nominal interest rates
Published in: Journal of Money Credit and Banking, Vol. 38(7), pp. 1877-1906, 2006.
- 26/07/2004
- Occasional paper no. 17: Corporate "excesses" and financial market dynamics
- 23/07/2004
- Working paper no. 376: Raising rival's costs in the securities settlement industry
- 22/07/2004
- Working paper no. 375: Guess what: it's the settlements!
- 22/07/2004
- Working paper no. 374: To aggregate or not to aggregate? Euro area inflation forecasting
- 22/07/2004
- Working paper no. 373: Technology shocks and robust sign restrictions in a euro area SVAR
Published in: International Economic Review, Vol 50 (3), 2009: pp 727–750.
- 08/07/2004
- Recent developments in the extra-euro area trade volumes and pricesEconomic Bulletin Issue 7, 2004
- 08/07/2004
- Conventions and procedures for the exchange rate mechanism II (ERMII)Economic Bulletin Issue 7, 2004
- 08/07/2004
- Entry of the currencies of Estonia, Lithuania and Slovenia into the exchange rate mechanism II (ERM II)Economic Bulletin Issue 7, 2004
- 08/07/2004
- Recent oil price developments and their impact on euro area pricesEconomic Bulletin Issue 7, 2004
- 08/07/2004
- The development of a high-yield bond market in the euro areaEconomic Bulletin Issue 7, 2004
- 08/07/2004
- Recent trends in portfolio allocation between monetary and longer-term financial assetsEconomic Bulletin Issue 7, 2004
- 08/07/2004
- Accounting for the resilience of the EU banking sector since 2000Economic Bulletin Issue 7, 2004
- 08/07/2004
- Labour productivity developments in the euro area: aggregate trends and sectoral patternsEconomic Bulletin Issue 7, 2004
- 08/07/2004
- Accounting for the resilience of the EU banking sector since 2000
- 02/07/2004
- The development of statistics for economic and monetary union, by Peter Bull
- 23/06/2004
- Working paper no. 372: The operational target of monetary policy and the rise and fall of reserve position doctrine
- 22/06/2004
- Working paper no. 371: Inflation persistence: facts or artefacts?
- 22/06/2004
- Working paper no. 370: Inflation persistence during periods of structural change: an assessment using Greek data
- 22/06/2004
- Working paper no. 369: Sovereign risk premia in the European government bond market
- 22/06/2004
- Working paper no. 368: Capital quality improvement and the sources of growth in the euro area
Published in: Economic Policy April 2005; 0(42): 267-284.
- 22/06/2004
- Occasional paper no. 16: Market dynamics associated with credit ratings: a literature review
- 10/06/2004
- Forecasts by other institutionsEconomic Bulletin Issue 6, 2004
- 10/06/2004
- Comparison with the December 2003 projectionsEconomic Bulletin Issue 6, 2004
- 10/06/2004
- The impact of the number of working days on euro area GDP in 2004Economic Bulletin Issue 6, 2004
- 10/06/2004
- Seasonal patterns and volatility in the euro area HICPEconomic Bulletin Issue 6, 2004
- 10/06/2004
- Using financial derivatives to assess market participants' short-term inflation expectations for the euro areaEconomic Bulletin Issue 6, 2004
- 10/06/2004
- Liquidity conditions and monetary policy operations from 24 January 2004 to 11 May 2004Economic Bulletin Issue 6, 2004
- 10/06/2004
- Recent developments in the net flows into euro area equity and bond fundsEconomic Bulletin Issue 6, 2004
- 10/06/2004
- Recent developments in loans to non-financial corporationsEconomic Bulletin Issue 6, 2004
- 09/06/2004
- Working paper no. 367: Factor substitution and factor augmenting technical progress in the US: a normalized supply-side system approach
Published in: Review of Economics and Statistics, 89, 1, 183-192.
- 09/06/2004
- Comparison of household saving ratios, Euro area / United States / Japan
- 03/06/2004
- Working paper no. 366: The informational content of over-the-counter currency options
- 03/06/2004
- Working paper no. 365: Exchange rates and fundamentals: new evidence from real-time data
Published in: Journal of International Money and Finance, March 2005, 24(2): 317-341.
- 03/06/2004
- Eurosystem staff macroeconomic projections for the euro area
- 28/05/2004
- Working paper no. 364: Asset price booms and monetary policy
Published in: Macroeconomic Policies in the World Economy, Horst Siebert (ed.), Springer, Berlin, 2004.
- 28/05/2004
- Working paper no. 343: Monetary discretion, pricing complementarity and dynamic multiple equilibria
Published in: Quarterly Journal of Economics, Vol 119 (4), November 2004: pp 1513-1553
- 26/05/2004
- Risk Management for Central Bank Foreign Reserves
- 25/05/2004
- Occasional paper no. 15: Quality adjustment of European price statistics and the role for hedonics
- 24/05/2004
- Credit risk transfer by EU banks: activities, risks and risk management
- 21/05/2004
- Assessment of euro large-value payment systems against the Core Principles
- 19/05/2004
- Working paper no. 363: Communication and exchange rate policy
Published in: Journal of Macroeconomics, Vol 30 (4), December 2008: pp 1651-1672.
- 19/05/2004
- Working paper no. 362: Oil price shocks and real GDP growth: empirical evidence for some OECD countries
Published in: Applied Economics, 37 (2), pp. 201-228.
- 18/05/2004
- Working paper no. 361: Excess reserves and implementation of monetary policy of the ECB
Published in: Journal of Policy Modelling, Vol. 28, No. 5, pp. 491-510.
- 18/05/2004
- Working paper no. 360: Optimal monetary policy rules for the euro area: an analysis using the area wide model
Published in: Journal of Common Market Studies, 2005, 43, 3, 507-537.
- 18/05/2004
- Working paper no. 359: The longer term refinancing operations of the ECB
Published in: Journal of Banking and Finance 31: 1521-1543, 2007.
- 14/05/2004
- Working paper no. 358: Did the pattern of aggregate employment growth change in the euro area in the late 1990s?
Published in: Applied Economics, August 2006, 38 (15), 1783-1807.
- 14/05/2004
- Working paper no. 357: Seasonal adjustment and the detection of business cycle phases
Published in: Journal of Applied Econometrics (2008), 23(2), pp. 257-278.
- 14/05/2004
- Working paper no. 356: Developing a euro area accounting matrix: issues and applications
Published in: Poverty, Inequality and Development, de Janvry, A. and R. Kanbur (eds.), Kluwer Academic Press 2006.
- 13/05/2004
- Real effective exchange rate developments from a euro area and from a country perspectiveEconomic Bulletin Issue 5, 2004
- 13/05/2004
- Latest developments in investment by type of productEconomic Bulletin Issue 5, 2004
- 13/05/2004
- Private sector expectations for inflation and economic activity in the euro area: results of the 2004 Q2 Survey of Professional Forecasters (SPF) and other available indicatorsEconomic Bulletin Issue 5, 2004
- 13/05/2004
- The impact of recent employment data releases in the United States on global bond marketsEconomic Bulletin Issue 5, 2004
- 13/05/2004
- The results of the April 2004 bank lending survey for the euro areaEconomic Bulletin Issue 5, 2004
- 13/05/2004
- Risk mitigation methods in Eurosystem credit operationsEconomic Bulletin Issue 5, 2004
- 13/05/2004
- The natural real interest rates in the euro areaEconomic Bulletin Issue 5, 2004
- 13/05/2004
- The EU economy following the accession of the new Member StatesEconomic Bulletin Issue 5, 2004
- 12/05/2004
- TARGET Annual Report 2003
- 10/05/2004
- The use of Central bank money for settling securities transactions
- 07/05/2004
- Working paper no. 355: Production interdependence and welfare
- 06/05/2004
- Working paper no. 354: Taking stock: monetary policy transmission to equity markets
Published in: Journal of Money, Credit and Banking 36(4), 2004, pp 719-737.
- 05/05/2004
- Occasional paper no. 14: Measuring financial integration in the euro area
- 29/04/2004
- Occasional paper no. 13: Fair value accounting and financial stability
- 28/04/2004
- Working paper no. 353: Towards the estimation of equilibrium exchange rates for CEE acceding countries: methodological issues and a panel cointegration perspective
Published in: Economic Systems, Vol 29 (2): pp 130-143 as "Pitfalls in estimating equilibrium exchange rates for transition economies". Also published in Journal of Comparative Economics, Vol 34 (3), September 2006: pp 499-517.
- 28/04/2004
- Working paper no. 352: Forecasting inflation with thick models and neural networks
Published in: Economic Modelling, 2005, 22, 5, 848-567
- 28/04/2004
- Working paper no. 351: Interest rate determination in the interbank market
Published in: European Economic Review 52 (2008) 412-440;
- 28/04/2004
- Working paper no. 350: Exchange-rate policy and the zero bound on nominal interest rates
Published in: American Economic Review, Papers and Proceedings, 2004, 94(2): 80-84.
- 28/04/2004
- Working paper no. 349: Estimating the rank of the spectral density matrix
Published in: Journal of Time Series Analysis, February 2005, Vol. 26, No 1, pp. 37-48.
- 28/04/2004
- Working paper no. 348: Financial openness and growth: short-run gain, long-run pain?
Published in: Review of International Economics, 16(1), 69-95, 2008.
- 28/04/2004
- Working paper no. 347: Firms' investment decisions in response to demand and price uncertainty
Published in: Applied Economics, Volume 40, August-September 2008
- 28/04/2004
- Working paper no. 346: Perpetual youth and endogenous labour supply: a problem and a possible solution
- 27/04/2004
- Working paper no. 345: Optimal monetary and fiscal policy: a linear-quadratic approach
Published in: M. Gertler and K. Rogoff, eds, NBER Macroeconomics Annual 2003, Vol 18: 271-333.
- 27/04/2004
- Working paper no. 344: Ramsey monetary policy and international relative prices
- 27/04/2004
- Working paper no. 342: Equal size, equal role? Interdependence between the euro area and the United States
Published in: The Economic Journal, Vol 115, October 2005: pp 930-50
- 27/04/2004
- Working paper no. 341: Benefits and spillovers of greater competition in Europe: a macroeconomic assessment
- 27/04/2004
- Working paper no. 340: Indeterminacy with inflation-forecast-based rules in a two-bloc model
- 27/04/2004
- Working paper no. 339: Understanding the effects of government spending on consumption
- 27/04/2004
- Working paper no. 338: The optimal degree of discretion in monetary policy
Published in: Econometrica, Vol 73 (5), September 2005: pp 1431-75
- 27/04/2004
- Working paper no. 337: The decline of activist stabilization policy: natural rate misperceptions, learning, and expectations
Published in: Journal of Economic Dynamics and Control, Vol 29 (11), November 2005: pp 1927-50
- 27/04/2004
- Working paper no. 336: The great inflation of the 1970s
- 27/04/2004
- Consolidated balance sheet of the Eurosystem as at 31 December 2003
- 27/04/2004
- Article, Annual Report, 2003, p.92-96, Banknotes and coins
- 27/04/2004
- Letter from the ECB President to the President of the Council of the European Union: Negotiations on the draft Treaty establishing a Constitution for Europe
- 26/04/2004
- Occasional paper no. 12: Understanding the impact of the external dimension on the euro area: trade, capital flows and other international macroeconomic linkages
- 22/04/2004
- Working paper no. 335: Has euro-area inflation persistence changed over time?
Published in: Review of Economics and Statistics, Vol 87 (4), November 2005: pp 709-20
- 22/04/2004
- Working paper no. 334: Is inflation persistence intrinsic in industrial economies?
- 22/04/2004
- Working paper no. 333: The pricing behaviour of Italian firms: new survey evidence on price stickiness
- 22/04/2004
- Working paper no. 332: Stylised features of price setting behaviour in Portugal: 1992-2001
- 22/04/2004
- Working paper no. 331: How frequently do prices change? Evidence based on the micro data underlying the Belgian CPI
- 22/04/2004
- TARGET compensation claim form
- 21/04/2004
- Working paper no. 330: The demand for euro area currencies: past, present and future
- 15/04/2004
- Payment and securities settlement systems in the accession countries - Addendum incorporating 2002 figures (Blue Book, April 2004)
- 15/04/2004
- Payment and securities settlement systems in the European Union - Addendum incorporating 2002 figures (Blue Book, April 2004)
- 14/04/2004
- Foreign direct investment task force report
- 13/04/2004
- First estimates of retail trade turnover in the euro areaEconomic Bulletin Issue 4, 2004
- 13/04/2004
- Recent developments in long-term inflation expectationsEconomic Bulletin Issue 4, 2004
- 13/04/2004
- Stock market reactions to the terrorist attacks in Madrid on 11 March 2004Economic Bulletin Issue 4, 2004
- 13/04/2004
- Publication of the benchmark allotment in the main refinancing operationsEconomic Bulletin Issue 4, 2004
- 13/04/2004
- The Barcelona partner countries and their relations with the euro areaEconomic Bulletin Issue 4, 2004
- 13/04/2004
- Future developments in the TARGET systemEconomic Bulletin Issue 4, 2004
- 13/04/2004
- Fiscal policy influences on macroeconomic stability and pricesEconomic Bulletin Issue 4, 2004
- 08/04/2004
- Annual Report 2003
- 07/04/2004
- External evaluation of the economic research activities of the European Central Bank
- 06/04/2004
- Working paper no. 329: On the determinants of euro area FDI to the United States: the knowledge- capital-Tobin's Q framework
- 06/04/2004
- Working paper no. 328: Non-fundamental exchange rate volatility and welfare
- 06/04/2004
- Working paper no. 327: Diversification in euro area stock markets: country versus industry
- 26/03/2004
- Working paper no. 326: The Great Depression and the Friedman-Schwartz hypothesis
Published in: Journal of Money, Credit and Banking 35(6, Part 2), December 2003: 1119-1197.
- 26/03/2004
- Working paper no. 325: What are the spill-overs from fiscal shocks in Europe? An empirical analysis
Published in: What Are the Trade Spill-Overs from Fiscal Shocks in Europe? An Empirical Analysis, published in De Economist. June 2005; 153(2): 167-97
- 18/03/2004
- Annual Accounts 2003
- 17/03/2004
- Working paper no. 324: Fundamentals and joint currency crises
Published in: Journal of Empirical Finance (2010), 17(2), pp. 241-54, as “Heavy tails and currency crises”.
- 17/03/2004
- Working paper no. 323: On the indeterminacy of new-Keynesian economics
Published in: Macroeconomic Dynamics (2008), 12(1), pp. 60-74; published as "What we don't know about the Monetary Transmission Mechanism and why we don't know it".
- 17/03/2004
- Working paper no. 322: Modelling inflation in the euro area
Published in: Gunnar Bårdsen, Øyvind Eitrheim, Eilev S. Jansen and Ragnar Nymoen: The Econometrics of Macroeconomic Modelling, Oxford University Press (Advanced Texts in Econometrics), Oxford 2005 (Chapter 8).
- 17/03/2004
- Working paper no. 321: Frequency domain principal components estimation of fractionally cointegrated processes
Published in: Applied Economics Letters. October 2004; 11(13): 837-42
- 17/03/2004
- Working paper no. 320: Institutions and service employment: a panel study for OECD countries
Published in: Labour. June 2005; 19(2): 343-72
- 17/03/2004
- Working paper no. 319: Risk sharing through financial markets with endogenous enforcement of trades
- 17/03/2004
- Working paper no. 318: Gross job flows and institutions in Europe
Published in: Labour Economics, August 2004, 11(4): 469-485.
- 11/03/2004
- Non-energy commodity price developments and their impact on euro are producer pricesEconomic Bulletin Issue 3, 2004
- 11/03/2004
- Update of HICP weights and coverage of consumer expenditureEconomic Bulletin Issue 3, 2004
- 11/03/2004
- Development in banks' loan-loss provisions over recent yearsEconomic Bulletin Issue 3, 2004
- 11/03/2004
- What is the information content of stock market earnings expectations held by analysts?Economic Bulletin Issue 3, 2004
- 08/03/2004
- Working paper no. 317: Fiscal policy and inflation volatility
- 04/03/2004
- Working paper no. 316: Cooperation in international banking supervision
- 04/03/2004
- Working paper no. 315: Option-implied asymmetries in bond market expectations around monetary policy actions of the ECB
Published in: Journal of Economics and Business, Jan.-Feb. 2005; 57(1): 23-38.
- 03/03/2004
- Working paper no. 314: Exchange rate risks and asset prices in a small open economy
- 29/02/2004
- Occasional paper no. 11: Official dollarisation/euroisation: motives, features and policy implications of current cases
- 29/02/2004
- Occasional paper no. 10: The acceding countries’ strategies towards ERM II and the adoption of the euro: an analytical review
- 28/02/2004
- List of Monetary Financial Institutions (MFI) and Institutions subject to minimum reserves for 2003
- 27/02/2004
- Working paper no. 313: The high-yield segment of the corporate bond market: a diffusion modelling approach for the United States, the United Kingdom and the euro area
Published in: De Bondt G. and D. Marqués-Ibáñez (2005), High-yield bond diffusion in the United States, the United Kingdom and the euro area, Journal of Financial Services Research 27,2, 163-181.
- 27/02/2004
- Working paper no. 312: Similarities and convergence in G-7 cycles
Published in: Journal of Monetary Economics, April 2007; 54(3): 850-78
- 27/02/2004
- Working paper no. 311: Current accounts dynamics in OECD and EU acceding countries - an intertemporal approach
Published in: Journal of Economic Integration 21(3): 593-618.
- 27/02/2004
- Working paper no. 310: International equity flows and returns: a quantative equilibrium approach
- 27/02/2004
- Working paper no. 309: Monetary policy shocks in the euro area and global liquidity spillovers
Published in: International Journal of Finance & Economics, Vol 13 (3), July 2008: pp 205–218.
- 27/02/2004
- Working paper no. 308: International risk-sharing and the transmission of productivity shocks
- 23/02/2004
- Comments on the communication from the Commission to the Council and the European Parliament concerning a new legal framework for payments in the internal market (consultative document)
- 17/02/2004
- Working paper no. 305: A structural common factor approach to core inflation estimation and forecasting
- 16/02/2004
- Working paper no. 307: Budgetary forecasts in Europe - the track record of stability and convergence programmes
- 16/02/2004
- Working paper no. 306: A markup model of inflation for the euro area
- 16/02/2004
- Guidance notes on the MFI balance sheet statistics relating to EU enlargement as laid down in Regulation ECB/2003/10
- 13/02/2004
- Occasional paper no. 9: Fiscal adjustment between 1991 and 2002: stylised facts and policy implications
- 12/02/2004
- The assessment of current and expected economic conditions according to European Commission surveysEconomic Bulletin Issue 2, 2004
- 12/02/2004
- Private sector expectations for inflation and economic activity in the euro area: results of the 2004 Q1 Survey of Professional Forecasters (SPF) and other available indicatorsEconomic Bulletin Issue 2, 2004
- 12/02/2004
- Liquidity conditions and monetary policy operations from 24 November 2003 to 23 January 2004Economic Bulletin Issue 2, 2004
- 12/02/2004
- The result of the January 2004 bank lending survey for the euro areaEconomic Bulletin Issue 2, 2004
- 12/02/2004
- The acceding countries' economies on the threshold of the European UnionEconomic Bulletin Issue 2, 2004
- 12/02/2004
- Developments in private sector balance sheets in the euro area and the United StatesEconomic Bulletin Issue 2, 2004
- 12/02/2004
- The impact of fair value accounting on the European banking sector - a financial stability perspectiveEconomic Bulletin Issue 2, 2004
- 11/02/2004
- Working paper no. 304: Equilibrium unemployment, job flows and inflation dynamics
- 11/02/2004
- Working paper no. 303: Fiscal policy events and interest rate swap spreads: evidence from the EU
Published in: Journal of International Financial Markets, Institutions & Money (2007). 17 (3): 261-276.
- 11/02/2004
- Working paper no. 302: Deposit insurance, moral hazard and market monitoring
Published in: Review of Finance 8 (4), pp. 571-602, December 2004.
- 06/02/2004
- The implementation of monetary policy in the euro area: General documentation on Eurosystem monetary policy instruments and procedures
- 30/01/2004
- The monetary policy of the ECB (second edition)
- 28/01/2004
- Assessment of accession countries' securities settlement systems against the standards for the use of EU securities settlement systems in Eurosystem credit operations
- 27/01/2004
- Working paper no. 301: Inflation and relative price asymmetry
- 27/01/2004
- Working paper no. 300: Developing statistical indicators of the integration of the euro area banking system
- 22/01/2004
- The impact of developments in indirect and administered prices on inflationEconomic Bulletin Issue 1, 2004
- 22/01/2004
- New ECB statistics on quoted share transactionsEconomic Bulletin Issue 1, 2004
- 22/01/2004
- Worldwide trends in monetary aggregates over recent yearsEconomic Bulletin Issue 1, 2004
- 22/01/2004
- Measuring and analysing profit developments in the euro areaEconomic Bulletin Issue 1, 2004
- 22/01/2004
- Opinion surveys on activity, prices and labour market developments in the euro area: features and usesEconomic Bulletin Issue 1, 2004
- 22/01/2004
- EMU and the conduct of fiscal policiesEconomic Bulletin Issue 1, 2004
- 20/01/2004
- Base effects and their impact on HICP inflation in early 2005Economic Bulletin Issue 1, 2005
- 16/01/2004
- Money Market Study 2003
- 09/01/2004
- Working paper no. 299: Import prices and pricing-to-market effects in the euro area