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Title:Fleshing out the monetary transmission mechanism : output composition and the role of financial frictions Author(s):MEIER, André; MÜLLER, Gernot J.Date:2006Citation: Journal of Money Credit and Banking, 2006, Vol. 38, No. 8, pp. 2099-2133 Type:ArticleAbstract:Financial frictions affect the way in which different macroeconomic series respond to a monetary policy shock. We embed the financial accelerator of Bernanke, Gertler, and Gilchrist (1999) into a medium-scale DSGE model ...

Title:Twin deficit : squaring theory, evidence and common sense Author(s):CORSETTI, Giancarlo EUI affiliated

; MÜLLER, Gernot J.Date:2006Citation: Economic Policy, 2006, Vol. 21, No. 48, pp. 597-638 Type:ArticleAbstract:Simple accounting suggests that shocks to the government budget move the current account in the same direction, and this `twin deficits' intuition leads many observers to call for fiscal consolidation in the US as a necessary ...

Title:Productivity, External Balance and Exchange Rates: Evidence on the Transmission Mechanism among G7 Countries Author(s):CORSETTI, Giancarlo EUI affiliated

; DEDOLA, Luca; LEDUC, SylvainDate:2006Type:Working PaperSeries/Number:EUI ECO; 2006/39Abstract:This paper investigates the international transmission of productivity shocks in a sample of ve G7 countries. For each country, using long-run restrictions, we identify shocks that increase permanently domestic labor ...

Title:An analysis of the Euro area business cycle Author(s):MUSSO, AlbertoDate:2005Citation: Florence, European University Institute, 2005 Type:ThesisSeries/Number:EUI PhD theses; Department of Economics

Title:Policy transmission in DSGE and VAR models Author(s):MÜLLER, Gernot J.Date:2005Citation: Florence, European University Institute, 2005 Type:ThesisSeries/Number:EUI PhD theses; Department of Economics

Title:Three essays in empirical international macroeconomics Author(s):BILLMEIER, AndreasDate:2005Citation: Florence, European University Institute, 2005 Type:ThesisSeries/Number:EUI PhD theses; Department of Economics

Title:Twin Deficits: Squaring Theory, Evidence and Common Sense Author(s):CORSETTI, Giancarlo EUI affiliated

; MÜLLER, Gernot J.Date:2005Type:Working PaperSeries/Number:EUI ECO; 2005/22

Title:International Risk-Sharing and the Transmission of Productivity Shocks Author(s):CORSETTI, Giancarlo EUI affiliated

; DEDOLA, Luca; LEDUC, SylvainDate:2003Type:Working PaperSeries/Number:EUI ECO; 2003/22

Title:The degree of independence in goods and capital markets : an econometric degustation Author(s):HAMMERSLAND, RogerDate:2002Citation: Florence : European University Institute, 2002 Type:ThesisSeries/Number:EUI PhD theses; Department of EconomicsAbstract:The purposes of this thesis are manifold. Nevertheless one may say that one of its governing ideas has been to make use of some o f the most advanced and recently developed state of the art time series techniques that exist ...

Title:EFN report on the Euro area outlook Editor(s):MARCELLINO, Massimiliano EUI affiliated

Date:2002Type:Technical ReportSeries/Number:EFN Report; Spring 2002Abstract:This report analyses the current status of the Euro area economy, provides forecasts for key macroeconomic variables for 2002 and 2003, runs experiments designed to evaluate the effects of expansionary monetary and fiscal ...

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