Title:How important is tourism for the international transmission of cyclical fluctuations? : evidence from the Mediterranean Author(s):CANOVA, Fabio; DALLARI, PietroDate:2013Type:Working PaperSeries/Number:ECB Working Paper; 2013/1553Abstract:We quantify the importance of the tourism channel for the international transmission of cyclical fluctuations to the Mediterranean basin. We use five destination countries and a number of source countries to provide broad ...
Title:The Natural Real Rate of Interest in the Euro Area Author(s):GIAMMARIOLI, Nicola; VALLA, NatachaDate:2003Citation:
- ECB, 2003
Type:Working PaperSeries/Number:233; ECB Working Paper
Title:Is the New Keynesian Phillips Curve Flat? Author(s):STÖLTING, Sarah; KUESTER, Keith; MÜLLER, Gernot J.Date:2007Type:Working PaperSeries/Number:ECB Working Paper; 809Abstract:Macroeconomic data suggest that the New Keynesian Phillips curve is quite flat - despite microeconomic evidence implying frequent price adjustments. While real rigidities may help to account for the conflicting evidence, ...
Title:Forecasting Macroeconomic Variables for the New Member States of the European Union Author(s):BANERJEE, Anindya; MARCELLINO, Massimiliano; MASTEN, IgorDate:2005Type:Working PaperSeries/Number:ECB Working Paper; 2005/482
Title:The Natural Real Interest Rate and the Output Gap in the Euro Area: a Joint Estimation Author(s):GARNIER, Julien; WILHELMSEN, Bjørn-RogerDate:2005Type:Working PaperSeries/Number:ECB Working Paper; 546
Title:Socio-Economic Development and Fiscal Policy: Lessons From the Cohesion Countries for the New Member States Author(s):MEHROTRA, AaronDate:2005Type:Working PaperSeries/Number:ECB Working Paper; 467