European Business Cycle Indicators - 3rd Quarter 2019 (11/10/2019)
This edition of the EBCI presents additional results from the quarterly business surveys and takes an in-depth look at the euro area manufacturing industry.
This report by the European Commission presents the findings of the tenth post-programme surveillance mission to Portugal and identifies remaining challenges for the Portuguese economy.
Post-Programme Surveillance Report. Ireland, Spring 2019 (10/09/2019)
This report by the European Commission presents the findings of the eleventh post-programme surveillance mission to Ireland and identifies remaining challenges for the Irish economy.
Euro Area Fiscal Policy Changes: Stylised Features of the Past Two Decades (06/09/2019)
This study presents a systematic methodology for analysing the euro area fiscal stance and a narrative of its development over the last two decades.
Private Investment in Italy (06/09/2019)
This study explores the drivers and barriers affecting private investment in Italy.
Incorporating a Job Search & Matching Module in the QUEST-model (06/09/2019)
This paper presents an extension to the QUEST model that allows for the analysis of labour flows into and out of unemployment due to macroeconomic shocks.
Mortgage Tax Reforms in Sweden: Scope for a Double Dividend? (06/09/2019)
This study considers how shifts in the tax burden from labour to property could be used to tackle macroeconomic vulnerabilities in the housing sector and labour market challenges in Sweden.
Euro Area and U.S. External Adjustment: The Role of Commodity Prices and Emerging Market Shocks (09/08/2019)
The paper uses an estimated macroeconomic multi-region model with commodities to analyse the evolution of euro area and United States trade balances after the Global Financial Crisis.
Cruising at Different Speeds: Similarities and Divergences between the German and the French Economies (25/07/2019)
This paper looks at the economies of France and Germany and discusses differences in their growth models and divergences in their performance since the economic crisis.
The Global Multi-Country Model (GM): An Estimated DSGE Model for Euro Area Countries (25/07/2019)
This paper documents the Global Multi-country macroeconomic model and describes its use in economic and policy analysis and forecasting in DG ECFIN.
Assessing House Prices: Insights from "Houselev", a Dataset of Price Level Estimates (25/07/2019)
This paper looks at the housing markets in 40 countries by comparing house prices in levels.
Croatia's Tourism Industry – Part 2: Curse or Blessing? (25/07/2019)
This study features an econometric analysis of the relationship between exports of goods and tourism in Croatia, investigating potential crowding-out effects and their joint impact on overall economic growth.
The 2019 Stability and Convergence Programmes: An Overview and Assessment of the Euro Area Fiscal Stance (25/07/2019)
An overview of the 2019 Stability and Convergence Programmes of EU Member States and an assessment of their implications for the euro area’s fiscal stance.
Quarterly Report on the Euro Area. Volume 18, No 1 (2019) (26/07/2019)
QREA Volume 18 N. 1 (2019) examines the extent to which market discipline enters government fiscal reaction functions; whether global factors affect inflation; and how the unwinding of macroeconomic imbalances affects convergence patterns across the euro area.
