Navigation path

ECFIN Publications about Euro area

Browse by

/economy_finance/dynamic_panel/browse-by-new.htm



Pension Reforms in the EU since the Early 2000's: Achievements and Challenges Ahead

Pension Reforms in the EU since the Early 2000's: Achievements and Challenges Ahead

December 2016

This paper looks at the pension reforms carried out by EU Member States since 2000 and the challenges that still lie ahead.

Topics: Public finances; Forecasts; Labour markets; Economic crisis

Series: Discussion Paper

 
Quarterly Report on the Euro Area (QREA), Vol.15, No.1 (2016)

Quarterly Report on the Euro Area (QREA), Vol.15, No.1 (2016)

April 2016

Structural reform measures underway in Italy, France, Spain and Portugal could have significant economic benefits and raise GDP, model simulations presented in this edition of the QREA show. Other chapters in this edition look at the effects of population ageing and slowing total factor productivity growth on GDP, inflation and interest rates; and the drivers of total factor productivity growth.

Topics: Economic policy coordination ; Structural policies, growth and development ; EU Member State economies ; Labour markets

 
Fiscal Reaction Functions for European Union Countries

Fiscal Reaction Functions for European Union Countries

April 2016

This paper looks at how EU Member States adapt their fiscal policies to respond to the challenges of high levels of public debt and weak macro-financial conditions.

Topics: Public finances; EU Member State economies; Economic crisis

Series: Discussion Paper

 
Quarterly Report on the Euro Area (QREA), Vol.14, No.4 (2015)

Quarterly Report on the Euro Area (QREA), Vol.14, No.4 (2015)

January 2016

This edition of the QREA reviews the issue of shocks and adjustment in the light of recent crises. It analyses the functioning of a key internal adjustment process in EMU, the "relative price mechanism", as well as the "real interest rate mechanism". It also reviews the different implications of high levels of indebtedness.

Topics: Economic policy coordination; Structural policies, growth and development; EU Member State economies; Labour markets;

 
Forward to a New Normal: An overview of the ECFIN Fellowship Papers

Forward to a New Normal: An overview of the ECFIN Fellowship Papers

September 2015

Author(s): Karl Pichelmann, Erik Ruscher, Michael Thiel

With a return to pre-crisis economic policies neither possible nor desirable, DG ECFIN asked scholars to map out the ‘new economic normal’. In this Economic Brief, Karl Pichelmann, Eric Ruscher and Michael Thiel of DG ECFIN, provide an overview of the contributions to the DG ECFIN’s 2014-2015 Fellowship Initiative “Growth, integration and structural convergence revisited”.

Topics: Economic policy coordination ; Structural policies, growth and development ; EU Member State economies

Series: Economic Briefs

 
Political Economy of EMU. Rebuilding Systemic Trust in the Euro Area in Times of Crisis

Political Economy of EMU. Rebuilding Systemic Trust in the Euro Area in Times of Crisis

September 2015

Author(s): Felix Roth

Lecture notes revisiting evidence of declining public trust in the euro area and the link with unemployment by Felix Roth (University of Göttingen).

This Discussion Paper was prepared under DG ECFIN’s 2014-2015 Fellowship Initiative “Growth, integration and structural convergence revisited”.

Topics: Economic policy coordination

Series: Discussion Papers

 
The Eurozone’s Crisis of Democratic Legitimacy. Can the EU Rebuild Public Trust and Support for European Economic Integration?

The Eurozone’s Crisis of Democratic Legitimacy. Can the EU Rebuild Public Trust and Support for European Economic Integration?

September 2015

Author(s): Vivien A. Schmidt

A look at issues of democratic legitimacy involving the European Central Bank, Council, Commission, and Parliament by Vivien A. Schmidt (Jean Monnet Professor of European Integration, Director, Center for the Study of Europe).

This Discussion Paper was prepared under DG ECFIN’s 2014-2015 Fellowship Initiative “Growth, integration and structural convergence revisited”.

Topics: Economic policy coordination

Series: Discussion Papers

 
The Centralization-Decentralization Issue

The Centralization-Decentralization Issue

September 2015

Author(s): Charles Wyplosz

Charles Wyplosz (The Graduate Institute, Geneva) applies federalism principles to crucial questions of fiscal policy, fiscal discipline and structural reforms in the EU.

This Discussion Paper was prepared under DG ECFIN’s 2014-2015 Fellowship Initiative “Growth, integration and structural convergence revisited”.

Topics: Economic policy coordination

Series: Discussion Papers

 
Monetary Union and Fiscal and Macroeconomic Governance

Monetary Union and Fiscal and Macroeconomic Governance

September 2015

Author(s): Marek Dabrowski

Marek Dabrowski (CASE Fellow, Center for Social and Economic Research, Warsaw) analyses three questions related to the EU/EMU integration infrastructure: (i) interrelation between monetary and fiscal integration; (ii) interrelation between monetary integration and closer coordination of macroeconomic policies and (iii) fiscal discipline vs. fiscal solidarity.

This Discussion Paper was prepared under DG ECFIN’s 2014-2015 Fellowship Initiative “Growth, integration and structural convergence revisited”.

Topics: Economic policy coordination

Series: Discussion Papers

 
Small Firms and Domestic Bank Dependence in Europe’s Great Recession

Small Firms and Domestic Bank Dependence in Europe’s Great Recession

September 2015

Author(s): Mathias Hoffmann, Bent E. Sorensen

Mathias Hoffmann (University of Zurich & CESifo) and Bent E. Sørensen (University of Houston & CEPR) look at the relationship between the dependency of small firms on domestic banks and their vulnerability to global banking sector shocks.

This Discussion Paper was prepared under DG ECFIN’s 2014-2015 Fellowship Initiative “Growth, integration and structural convergence revisited”.

Topics: Economic policy coordination

Series: Discussion Papers

 
Cross-Border Resolution of Global Banks

Cross-Border Resolution of Global Banks

September 2015

Author(s): Ester Faia, Beatrice Weder di Mauro

How do costs to bondholders compare under different bank resolution regimes? Ester Faia (Goethe Universität Frankfurt and CEPR) and Beatrice Weder di Mauro (Gutenberg Universität Mainz and CEPR) compare the possibilities using a model of optimal design and examine recent case studies. This Discussion Paper was prepared under DG ECFIN’s 2014-2015 Fellowship Initiative “Growth, integration and structural convergence revisited”.

Topics: Economic policy coordination

Series: Discussion Papers

 
The Legacy Debt and the Joint Path of Public Deficit and Debt in the Euro Area

The Legacy Debt and the Joint Path of Public Deficit and Debt in the Euro Area

September 2015

Author(s): Alberto Caruso, Lucrezia Reichlin, Giovanni Ricco

The joint dynamics of public debt and public deficit levels in the euro area between 1981 and 2013 are examined by Alberto Caruso (Université Libre de Bruxelles), Lucrezia Reichlin (London Business School and CEPR) and Giovanni Ricco (University of Warwick) who also compute projections up until 2020. This Discussion Paper was prepared under DG ECFIN’s 2014-2015 Fellowship Initiative “Growth, integration and structural convergence revisited”.

Topics: EU Member State economies, Economic indicators, Public finances

Series: Discussion Papers

 
Monetary Policy, Bank Bailouts and the Sovereign-Bank Risk Nexus in the Euro Area

Monetary Policy, Bank Bailouts and the Sovereign-Bank Risk Nexus in the Euro Area

September 2015

Author(s): Marcel Fratzscher, Malte Rieth

Marcel Fratzscher (DIW Berlin, Humboldt-University Berlin and CEPR) and Malte Rieth (DIW Berlin) analyse the empirical relationship between bank risk and sovereign credit risk in the euro area. This Discussion Paper was prepared under DG ECFIN’s 2014-2015 Fellowship Initiative “Growth, integration and structural convergence revisited”.

Topics: The euro, Monetary policy, Financial markets

Series: Discussion Papers

 
Human Capital, Inequality and Growth

Human Capital, Inequality and Growth

September 2015

Author(s): Torben M Andersen

Income inequality may lead to barriers to education which reduce growth, argues Torben M. Andersen (Aarhus University, CEPR, CESifo and IZA). This Discussion Paper was prepared under DG ECFIN’s 2014-2015 Fellowship Initiative “Growth, integration and structural convergence revisited”.

Topics: Economic policy coordination

Series: Discussion Papers

 
An event-study analysis of ECB balance sheet policies since October 2008

An event-study analysis of ECB balance sheet policies since October 2008

July 2015

Author(s): Lucian Briciu, Giulio Lisi

Since the financial and economic crisis, many leading central banks have had to turn to unconventional monetary policies. This paper analyses the immediate impacts on financial conditions of some of the balance sheet policies used by the European Central Bank between October 2008 and January 2015, including its Securities Markets Programme and its Expanded Asset Purchase Programme.

Topics: Monetary policy; Financial markets; The euro

Series: Economic Briefs

 

Additional tools

  • Print version 
  • Decrease text 
  • Increase text