Publications on Monetary policy
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09/04/2009
Monthly Bulletin, April 2009,
1891 kb,
en
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30/03/2009
Housing finance in the euro area. Structural issues report,
1240 kb,
en
[online only]
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25/03/2009
Research Bulletin No. 8,
1052 kb,
en
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12/03/2009
Monthly Bulletin, March 2009,
2053 kb,
en
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05/03/2009
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05/03/2009
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12/02/2009
Monthly Bulletin, February 2009,
2132 kb,
en
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12/02/2009
Article, Monthly Bulletin, February 2009, pp.69-83, New survey evidence on wage setting in Europe,
280 kb,
en
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12/02/2009
Article, Monthly Bulletin, February 2009, pp.85-101, Assessing global trends in protectionism,
258 kb,
en
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02/02/2009
Euro money market study 2008,
1340 kb,
en
[online only]
Press release:
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22/01/2009
Monthly Bulletin, January 2009,
2095 kb,
en
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22/01/2009
Article, Monthly Bulletin, January 2009, pp.59-71, Housing wealth and private consumption in the Euro area,
256 kb,
en
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11/12/2008
Monthly Bulletin, December 2008,
2026 kb,
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04/12/2008
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13/11/2008
Monthly Bulletin, November 2008,
2456 kb,
en
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13/11/2008
Article, Monthly Bulletin, November 2008, p.69-85, Monitoring labour cost developments Across euro area countries,
253 kb,
en
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13/11/2008
Article, Monthly Bulletin, November 2008, p.87-98, Valuing stock markets and the equity Risk premium,
287 kb,
en
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12/11/2008
The implementation of monetary policy in the euro area: General documentation on Eurosystem monetary policy instruments and procedures,
1583 kb,
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[DE, EN, ES, FR and IT will be available as hard copies in due course]
Press release:
en
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09/10/2008
Article, Monthly Bulletin, October 2008, p.53-65, Ten years of the stability and growth pact,
262 kb,
en
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09/10/2008
Monthly Bulletin, October 2008,
2066 kb,
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11/09/2008
Monthly Bulletin, September 2008,
1961 kb,
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04/09/2008
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04/09/2008
New procedure for constructing ECB
staff projection ranges,
134 kb,
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14/08/2008
Monthly Bulletin, August 2008,
1943 kb,
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14/08/2008
Article, Monthly Bulletin, August 2008, p.71-84, The external dimension of monetary analysis,
235 kb,
en
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14/08/2008
Article, Monthly Bulletin, August 2008, p.85-98, The role of Banks in the monetary policy transmission mechanism,
222 kb,
en
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10/07/2008
Monthly Bulletin, July 2008,
2042 kb,
en
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10/07/2008
Article, Monthly Bulletin, July 2008, p.65-78, One monetary policy and many fiscal policies: ensuring a smooth functioning of EMU, ECB Monthly Bulletin article,
277 kb,
en
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25/06/2008
Structural issues report 2008 - Labour supply and employment in the euro area countries: developments and challenges,
1231 kb,
en
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20/06/2008
Research Bulletin No:7,
764 kb,
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05/06/2008
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03/06/2008
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01/06/2008
Monthly Bulletin, June 2008,
2448 kb,
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29/05/2008
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15/05/2008
Article, Monthly Bulletin, May 2008, p.75-87, Price stability and growth,
348 kb,
en
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15/05/2008
Article, Monthly Bulletin, May 2008, p.89-104, The eurosystem's open market operations during the recentperiod of financial market volatility,
404 kb,
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15/05/2008
Monthly Bulletin, May 2008,
4538 kb,
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07/05/2008
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21/04/2008
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17/04/2008
Monthly Bulletin, April 2008,
3050 kb,
en
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17/04/2008
Article, Monthly Bulletin, April 2008, p.57-68, Business investment in the euro area and the role of firms’ financial positions,
459 kb,
en
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17/04/2008
Article, Monthly Bulletin, April 2008, p.62-74, Short-term forecasts of economic activity in the euro area,
376 kb,
en
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13/03/2008
Monthly Bulletin, March 2008,
3532 kb,
en
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06/03/2008
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25/02/2008
The role of money - money and monetary policy in the 21st century. Proceedings of the 4th ECB Central Banking Conference 2006,
2826 kb,
en
Press release:
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14/02/2008
Monthly Bulletin, February 2008,
3291 kb,
en
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14/02/2008
Article, Monthly Bulletin, February 2008, p.65-79, The analysis of the euro money market from a monetary policy perspective,
501 kb,
en
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14/02/2008
Article, Monthly Bulletin, February 2008, p.81-94, Securitisation in the euro area,
300 kb,
en
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14/02/2008
Article, Monthly Bulletin, February 2008, p.95-103, The new euro area yield curves,
239 kb,
en
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31/01/2008
ECB Payments and monetary and financial stability,
1087 kb,
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17/01/2008
Monthly Bulletin, January 2008,
2837 kb,
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17/01/2008
Article, Monthly Bulletin, January 2008, p.61-73, Productivity developments and monetary policy,
315 kb,
en
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17/01/2008
Article, Monthly Bulletin, January 2008, p.75-88, Globalisation, trade and the euro area macroeconomy,
334 kb,
en
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17/01/2008
Article, Monthly Bulletin, January 2008, p.89-97, The Eurosystem’s experience with forecasting autonomous factors and excess reserves,
309 kb,
en
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13/12/2007
Monthly Bulletin, December 2007,
2393 kb,
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06/12/2007
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19/11/2007
Euro Money Market Survey 2007,
717 kb,
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[online only]
Press release:
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15/11/2007
Monthly Bulletin, November 2007,
2401 kb,
en
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15/11/2007
Article, Monthly Bulletin, November 2007, p.61-74, The stock market’s changing structure and its consolidation: implications for the efficiency of the financial system and monetary policy,
268 kb,
en
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11/10/2007
Monthly Bulletin, October 2007,
2293 kb,
en
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11/10/2007
Article, Monthly Bulletin, October 2007, p.69-84, Long-term developments in MFI loans to households in the euro area: main patterns and determinants,
412 kb,
en
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11/10/2007
Article, Monthly Bulletin, October 2007, p.85-100, The collateral frameworks of the Federal Reserve System, the Bank of Japan and the Eurosystem,
342 kb,
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13/09/2007
Monthly Bulletin, September 2007,
2227 kb,
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06/09/2007
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09/08/2007
Monthly Bulletin, August 2007,
2277 kb,
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12/07/2007
Monthly Bulletin, July 2007,
2383 kb,
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12/07/2007
Article, Monthly Bulletin, July 2007, p.51-74, Interpreting monetary developments since mid-2004,
492 kb,
en
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12/07/2007
Article, Monthly Bulletin, July 2007, p.75-86, Oil-exporting countries: key structural features, economic developments and oil revenue recycling,
349 kb,
en
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26/06/2007
The euro bonds and derivates markets,
1256 kb,
en
[online only]
Press release:
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15/06/2007
Monetary policy: A journey from theory to practice,
1987 kb,
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14/06/2007
Monthly Bulletin, June 2007,
2317 kb,
en
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11/06/2007
Structural issues report 2007 - Corporate finance in the euro area, May 2007,
1899 kb,
en
Press release:
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06/06/2007
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17/05/2007
Article, Monthly Bulletin, May 2007, p.103-111, Share buybacks in the euro area,
234 kb,
en
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17/05/2007
Article, Monthly Bulletin, May 2007, p.89-101, Determinants of growth on the EU Member States of central and eastern Europe,
435 kb,
en
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17/05/2007
Article, Monthly Bulletin, May 2007, p.73-87, Competition in and economic performance of the euro area services sector,
367 kb,
en
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17/05/2007
Article, Monthly Bulletin, May 2007, p.63-72, Measured inflation and inflation perceptions in the euro area,
390 kb,
en
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16/05/2007
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01/05/2007
Monthly Bulletin, May 2007,
2359 kb,
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23/04/2007
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19/04/2007
Monthly Bulletin, April 2007,
2173 kb,
en
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19/04/2007
Article, Monthly Bulletin, April 2007, p.61-71, Communicating monetary policy to financial markets,
323 kb,
en
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19/04/2007
Article, Monthly Bulletin, April 2007, p.73-86, Output growth differentials in the euro area: sources and implications,
385 kb,
en
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19/04/2007
Article, Monthly Bulletin, April 2007, p.87-93, From government deficit to debt: bridging the gap,
319 kb,
en
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15/03/2007
Monthly Bulletin, March 2007,
2202 kb,
en
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08/03/2007
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15/02/2007
Monthly Bulletin, February 2007,
2171 kb,
en
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15/02/2007
Article, Monthly Bulletin, February 2007, p.59-72, Challenges to fiscal sustainability in the euro area,
401 kb,
en
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13/02/2007
Euro Money Market Study 2006,
1530 kb,
en
Indexed data for the euro money market survey 2006:
en
Press release:
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18/01/2007
Monthly Bulletin, January 2007,
1893 kb,
en
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18/01/2007
Article, Monthly Bulletin, January 2007, p.55-62, The enlarged EU and euro area economy,
288 kb,
en
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18/01/2007
Article, Monthly Bulletin, January 2007, p.63-76, Developments in the structural features of euro area labour markets over the last decade,
332 kb,
en
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18/01/2007
Article, Monthly Bulletin, January 2007, p.77-87, Putting China's economic expansion in perspective,
244 kb,
en
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14/12/2006
Monthly Bulletin, December 2006,
1684 kb,
en
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07/12/2006
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05/12/2006
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09/11/2006
Monthly Bulletin, November 2006,
3628 kb,
en
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09/11/2006
Article, Monthly Bulletin November 2006, p.93-104, Financial development in central, eastern and south-eastern Europe,
205 kb,
en
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09/11/2006
Article, Monthly Bulletin November 2006, p.83-91, The Eurosystem's experience with fine-tuning operations at the end of the reserve maintenance period,
201 kb,
en
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09/11/2006
Article, Monthly Bulletin November 2006, p.67-81, Monetary policy "activism",
219 kb,
en
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12/10/2006
Monthly Bulletin, October 2006,
1613 kb,
en
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12/10/2006
Article, Monthly Bulletin October 2006, p.65-77, Integrated financial and non-financial accounts for the institutional sectors in the euro area,
197 kb,
en
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12/10/2006
Article, Monthly Bulletin October 2006, p.49-64, Demographic change in the euro area:
projections and consequences,
165 kb,
en
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15/09/2006
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07/09/2006
Monthly Bulletin, September 2006,
1936 kb,
en
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31/08/2006
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10/08/2006
Monthly Bulletin, August 2006,
1647 kb,
en
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10/08/2006
Article, Monthly Bulletin August 2006, p.59-72, Sectoral money holding: determinants and recent developments,
164 kb,
en
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13/07/2006
Monthly Bulletin, July 2006,
1541 kb,
en
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13/07/2006
Article, Monthly Bulletin July 2006, p.59-68, Measures of inflation expectations in the euro area,
130 kb,
en
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13/07/2006
Article, Monthly Bulletin July 2006, p.69-79, Competitiveness and the export performance of the euro area,
139 kb,
en
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15/06/2006
Monthly Bulletin, June 2006,
1741 kb,
en
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08/06/2006
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16/05/2006
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11/05/2006
Monthly Bulletin, May 2006,
1532 kb,
en
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11/05/2006
Article, Monthly Bulletin May 2006, p.89-99, Equity issuance in the euro area,
125 kb,
en
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25/04/2006
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12/04/2006
Monthly Bulletin, April 2006,
1582 kb,
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12/04/2006
Article, Monthly Bulletin April 2006, p.61-73, The importance of public expenditure reform for economic growth and stability,
124 kb,
en
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12/04/2006
Article, Monthly Bulletin April 2006, p.75-86, Portfolio management at the ECB,
115 kb,
en
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12/04/2006
Article, Monthly Bulletin April 2006, p.87-97, Monetary and exchange rate arrangements of the euro area with selected third countries and territories,
115 kb,
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09/03/2006
Monthly Bulletin, March 2006,
1675 kb,
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02/03/2006
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09/02/2006
Monthly Bulletin, February 2006,
1614 kb,
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09/02/2006
Article, Monthly Bulletin February 2006, p.55-70, Assessing house price developments in the euro area,
143 kb,
en
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09/02/2006
Article, Monthly Bulletin February 2006, p.71-84, Fiscal policies and financial markets,
140 kb,
en
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20/01/2006
Euro Money Market Survey 2005,
160 kb,
en
Press release:
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19/01/2006
Monthly Bulletin, January 2006,
1685 kb,
en
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19/01/2006
Article, Monthly Bulletin January 2006, p.51-61, The predictability of the ECB's monetary policy,
143 kb,
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27/12/2005
The Eurosystem, the union and beyond,
821 kb,
en
Press release:
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08/12/2005
Monthly Bulletin, December 2005,
1706 kb,
en
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01/12/2005
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10/11/2005
Monthly Bulletin, November 2005,
1804 kb,
en
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10/11/2005
Article, Monthly Bulletin, November 2005, p.75-90, Developments in corporate finance in the euro area,
169 kb,
en
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10/11/2005
Article, Monthly Bulletin, November 2005, p.63-74, Price-setting behaviour in the euro area,
97 kb,
en
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13/10/2005
Monthly Bulletin, October 2005,
1786 kb,
en
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13/10/2005
Article, Monthly Bulletin, October 2005, p.57-73, Money demand and uncertainty,
153 kb,
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08/09/2005
Monthly Bulletin, September 2005,
2891 kb,
en
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01/09/2005
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11/08/2005
Monthly Bulletin, August 2005,
2753 kb,
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11/08/2005
Article, Monthly Bulletin, August 2005, p.59-73, The reform of the Stability and Growth Pact,
134 kb,
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14/07/2005
Monthly Bulletin, July 2005,
2793 kb,
en
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14/07/2005
Article, Monthly Bulletin, July 2005, p.69-84, The Lisbon strategy: five years on,
122 kb,
en
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14/07/2005
Article, Monthly Bulletin, July 2005, p.55-68, The Harmonised Index of Consumer Prices: concept, properties and experience to date,
188 kb,
en
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09/06/2005
Monthly Bulletin, June 2005,
1648 kb,
en
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02/06/2005
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12/05/2005
Monthly Bulletin, May 2005,
1767 kb,
en
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11/05/2005
Article, Monthly Bulletin, May 2005, p.61-77, Monetary policy and inflation differentials in a heterogeneous currency area,
130 kb,
en
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26/04/2005
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14/04/2005
Monthly Bulletin, April 2005,
1654 kb,
en
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14/04/2005
Article, Monthly Bulletin April 2005, p.47-60, Asset price bubbles and monetary policy,
124 kb,
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10/03/2005
Monthly Bulletin, March 2005,
1744 kb,
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03/03/2005
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21/02/2005
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10/02/2005
Monthly Bulletin, February 2005,
1709 kb,
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10/02/2005
Article, Monthly Bulletin February 2005, p.65-71, Initial experience with the changes to the Eurosystem’s operational framework for monetary policy implementation,
120 kb,
en
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20/01/2005
Monthly Bulletin, January 2005,
1886 kb,
en
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09/12/2004
Monthly Bulletin, December 2004,
1816 kb,
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02/12/2004
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11/11/2004
Monthly Bulletin, November 2004,
1734 kb,
en
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11/11/2004
Article, Monthly Bulletin November 2004, p.51-63, Oil prices and the euro area economy,
177 kb,
en
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11/11/2004
Article, Monthly Bulletin November 2004, p.65-79, Extracting information from financial asset prices,
218 kb,
en
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20/10/2004
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14/10/2004
Monthly Bulletin, October 2004,
1713 kb,
en
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14/10/2004
Article, Monthly Bulletin, October 2004, p.43-66, Monetary analysis in real time,
323 kb,
en
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09/09/2004
Monthly Bulletin, September 2004,
1661 kb,
en
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02/09/2004
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12/08/2004
Monthly Bulletin, August 2004,
1700 kb,
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12/08/2004
Article, Monthly Bulletin, August 2004, p.65-77, Properties and use of general government quarterly accounts,
128 kb,
en
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08/07/2004
Monthly Bulletin, July 2004,
1753 kb,
en
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08/07/2004
Article, Monthly Bulletin July 2004, p.47-57, Labour productivity developments in the euro area: aggregate trends and sectoral patterns,
147 kb,
en
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10/06/2004
Monthly Bulletin, June 2004,
1791 kb,
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03/06/2004
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13/05/2004
Monthly Bulletin, May 2004,
1764 kb,
en
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13/05/2004
Article, Monthly Bulletin May 2004, p.49-55, The EU economy following the accession of the new Member States,
117 kb,
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13/05/2004
Article, Monthly Bulletin May 2004, p.57-69, The natural real interest rates in the euro area,
191 kb,
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13/05/2004
Article, Monthly Bulletin May 2004, p.71-79, Risk mitigation methods in Eurosystem credit operations,
191 kb,
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27/04/2004
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13/04/2004
Monthly Bulletin, April 2004,
1836 kb,
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13/04/2004
Article, Monthly Bulletin April 2004, p.45-57, Fiscal policy influences on
macroeconomic stability and prices,
150 kb,
en
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11/03/2004
Monthly Bulletin, March 2004,
1715 kb,
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12/02/2004
Monthly Bulletin, February 2004,
1806 kb,
en
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12/02/2004
Article, Monthly Bulletin February 2004, p.57-67, Developments in private sector balance sheets in the euro area and the United States,
162 kb,
en
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06/02/2004
The implementation of monetary policy in the euro area: General documentation on Eurosystem monetary policy instruments and procedures,
1137 kb,
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(update of the April 2002 edition)
Press release:
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30/01/2004
The monetary policy of the ECB (second edition),
1661 kb,
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Press release:
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22/01/2004
Monthly Bulletin, January 2004,
1826 kb,
en
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22/01/2004
Article, Monthly Bulletin January 2004, p.41-50, EMU and the conduct of fiscal policies,
116 kb,
en
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22/01/2004
Article, Monthly Bulletin January 2004, p.51-61, Opinion surveys on activity, prices and labour market developments in the euro area: features and uses,
114 kb,
en
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22/01/2004
Article, Monthly Bulletin January 2004, p.63-73, Measuring and analysing profit developments in the euro area,
121 kb,
en
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18/12/2003
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11/12/2003
Monthly Bulletin, December 2003,
1085 kb,
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18/11/2003
Background Studies for the ECB's Evaluation of its Monetary Policy Strategy,
1860 kb,
en
Editor: Otmar Issing, in co-operation with: Ignazio Angeloni, Vítor Gaspar, Hans-Joachim Klöckers, Klaus Masuch, Sergio Nicoletti-Altimari, Massimo Rostagno, Frank Smets
Press release:
en
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13/11/2003
Monthly Bulletin, November 2003,
1091 kb,
en
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13/11/2003
Article, Monthly Bulletin, November 2003, p.47-57, Developments in the debt financing of the euro area private sector,
141 kb,
en
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13/11/2003
Article, Monthly Bulletin, November 2003, p.71-79, The international role of the euro: main developments since the inception of Stage Three of Economic and Monetary Union,
97 kb,
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09/10/2003
Monthly Bulletin, October 2003,
990 kb,
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09/10/2003
Article, Monthly Bulletin, October 2003, p.39-52, Recent developments in financial structures of the euro area,
95 kb,
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30/09/2003
Inflation differentials in the euro area: potential causes and policy implications,
455 kb,
en
Press release:
en
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11/09/2003
Monthly Bulletin, September 2003,
1057 kb,
en
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30/08/2003
The euro and the integration of financial services, (brochure, 16 pages, update of the 2000 edition),
1140 kb,
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27/08/2003
Portfolio investment income: task force report,
2118 kb,
en
Press Release:
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07/08/2003
Monthly Bulletin, August 2003,
1225 kb,
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07/08/2003
Article, Monthly Bulletin, August 2003, p.41-54, Changes to the Eurosystem’s operational framework for monetary policy,
203 kb,
en
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07/08/2003
Article, Monthly Bulletin, August 2003, p.67-74, Developments in the euro area’s international cost and price competitiveness,
81 kb,
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17/07/2003
Monthly Bulletin, July 2003,
994 kb,
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17/07/2003
Article, Monthly Bulletin, July 2003, p.41-51, Trends in euro area gross fixed capital formation,
123 kb,
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02/07/2003
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12/06/2003
Monthly Bulletin, June 2003,
1347 kb,
en
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12/06/2003
Article, Monthly Bulletin, June 2003, p.79-92, The outcome of the ECB’s evaluation of its monetary policy strategy,
101 kb,
en
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02/06/2003
The transformation of the European financial system, Second ECB Central Banking Conference October 2002, Frankfurt am Main,
1638 kb,
en
Press release:
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15/05/2003
Monthly Bulletin, May 2003,
1243 kb,
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15/05/2003
Article, Monthly Bulletin, May 2003, p.49-59, Recent trends in residential property prices in the euro area,
120 kb,
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10/04/2003
Monthly Bulletin, April 2003,
1156 kb,
en
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09/04/2003
Article, Monthly Bulletin, April 2003, p.39-51, The need for comprehensive reforms to cope with population ageing,
83 kb,
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01/04/2003
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28/03/2003
Structural issues report 2003 - Structural factors in the EU housing markets,
469 kb,
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13/03/2003
Monthly Bulletin, March 2003,
1389 kb,
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06/03/2003
Review of the foreign exchange market structure,
235 kb,
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Press release:
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13/02/2003
Monthly Bulletin, February 2003,
1055 kb,
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13/02/2003
Article, Monthly Bulletin, February 2003, p.37-49, The relationship between monetary policy and fiscal policies in the euro area,
77 kb,
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23/01/2003
Monthly Bulletin, January 2003,
1136 kb,
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12/12/2002
Monthly Bulletin, December 2002,
1277 kb,
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14/11/2002
Monthly Bulletin, November 2002,
1172 kb,
en
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14/11/2002
Article, Monthly Bulletin, November 2002, p.59-66, Transparency in the monetary policy of the ECB,
82 kb,
en
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14/11/2002
Article, Monthly Bulletin, November 2002, p.67-79, The composition of employment growth in the euro area in recent years,
125 kb,
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17/10/2002
Monthly Bulletin, October 2002,
1171 kb,
en
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17/10/2002
Article, Monthly Bulletin, October 2002, p.43-53, Recent findings on monetary policy transmission in the euro area,
103 kb,
en
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17/10/2002
Article, Monthly Bulletin, October 2002, p.55-68, Main features of the repo market in the euro area,
129 kb,
en
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12/10/2002
Report on financial structures,
1288 kb,
en
statistical annex:
en
Press release:
en
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19/09/2002
Monthly Bulletin, September 2002,
1397 kb,
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08/08/2002
Monthly Bulletin, August 2002,
1386 kb,
en
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08/08/2002
Article, Monthly Bulletin, August 2002, p.39-49, Price level convergence and competition in the euro area,
146 kb,
en
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08/08/2002
Article, Monthly Bulletin, August 2002, p.65-76, Saving, financing and investment in the euro area,
296 kb,
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22/07/2002
Measurement issues in European Consumer Price Indices and the conceptual framework of the HICP,
239 kb,
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11/07/2002
Monthly Bulletin, July 2002,
1265 kb,
en
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11/07/2002
Article, Monthly Bulletin, July 2002, p.39-49, Characteristics of the euro area business cycle in the 1990s,
190 kb,
en
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11/07/2002
Article, Monthly Bulletin, July 2002, p.65-71, Developments in the external direct and portfolio investment flows of the euro area,
156 kb,
en
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25/06/2002
Task force on portfolio investment collection systems, Final Report,
1200 kb,
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13/06/2002
Monthly Bulletin, June 2002,
1318 kb,
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10/06/2002
Bond markets and long-term interest rates in European Union accession countries,
2022 kb,
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09/05/2002
Monthly Bulletin, May 2002,
1326 kb,
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09/05/2002
Article, Monthly Bulletin, May 2002, p.41-53, The liquidity management of the ECB,
233 kb,
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01/05/2002
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28/04/2002
The single monetary policy in the euro area: General documentation on Eurosystem monetary policy instruments and procedures (update of the November 2000 edition),
428 kb,
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Press Release:
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11/04/2002
Monthly Bulletin, April 2002,
1167 kb,
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11/04/2002
Article, Monthly Bulletin, April 2002, p.33-46, The operation of automatic fiscal stabilisers in the euro area,
158 kb,
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01/04/2002
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15/03/2002
Structural issues report 2002 - Labour market mismatches in euro area countries,
298 kb,
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Press release:
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14/03/2002
Monthly Bulletin, March 2002,
1264 kb,
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14/02/2002
Monthly Bulletin, February 2002,
1081 kb,
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14/02/2002
Article, Monthly Bulletin, February 2002, p.39-52, The stock market and monetary policy,
158 kb,
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24/01/2002
Monthly Bulletin, January 2002,
1081 kb,
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24/01/2002
Article, Monthly Bulletin, January 2002, p.41-53, Economic fundamentals and the exchange rate of the euro,
114 kb,
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13/12/2001
Monthly Bulletin, December 2001,
1295 kb,
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18/11/2001
Article, Monthly Bulletin, November 2001, p.51-65, The economic policy framework in EMU,
113 kb,
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15/11/2001
Monthly Bulletin, November 2001,
1136 kb,
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15/11/2001
Article, Monthly Bulletin, November 2001, p.39-50, The information content of composite indicators of the euro area business cycle,
148 kb,
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18/10/2001
Monthly Bulletin, October 2001,
1128 kb,
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18/10/2001
Article, Monthly Bulletin, October 2001, p.37-50, Issues related to monetary policy rules,
170 kb,
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18/10/2001
Article, Monthly Bulletin, October 2001, p.51-63, Bidding behaviour of counterparties in the Eurosystem’s regular open market operations,
143 kb,
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20/09/2001
Monthly Bulletin, September 2001,
1208 kb,
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30/08/2001
Monetary analysis: tools and applications,
4022 kb,
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Press release:
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24/08/2001
The Monetary Policy of the ECB,
687 kb,
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Press release:
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20/08/2001
The euro equity markets,
739 kb,
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Press release:
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09/08/2001
Monthly Bulletin, August 2001,
1092 kb,
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09/08/2001
Article, Monthly Bulletin, August 2001, p.39-53, Fiscal policies and economic growth,
125 kb,
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09/08/2001
Article, Monthly Bulletin, August 2001, p.55-68, Product market reforms in the euro area,
113 kb,
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30/07/2001
The euro bond market,
535 kb,
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Press release:
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12/07/2001
Monthly Bulletin, July 2001,
897 kb,
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12/07/2001
Article, Monthly Bulletin, July 2001, p.37-48, New technologies and productivity in the euro area,
104 kb,
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11/07/2001
Article, Monthly Bulletin, July 2001, p.49-59, Measures of underlying inflation in the euro area,
99 kb,
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23/06/2001
Why price stability? First ECB Central Banking Conference November 2000, Frankfurt, Germany,
1707 kb,
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Press release:
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14/06/2001
A guide to Eurosystem
staff macroeconomic projection exercises,
165 kb,
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Press release:
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14/06/2001
Monthly Bulletin, June 2001,
1112 kb,
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17/05/2001
Monthly Bulletin, May 2001,
1183 kb,
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17/05/2001
Article, Monthly Bulletin, May 2001, p.41-58, Framework and tools of monetary analysis,
221 kb,
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17/05/2001
Article, Monthly Bulletin, May 2001, p.75-82, Financing and financial investment of the non-financial sectors in the euro area,
120 kb,
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01/05/2001
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19/04/2001
Monthly Bulletin, April 2001,
983 kb,
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19/04/2001
Article, Monthly Bulletin, April 2001, p.49-62, The collateral framework of the Eurosystem,
116 kb,
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24/03/2001
Structural issues report 2001- Price effects of regulatory reform in selected network industries,
271 kb,
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Press release:
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08/03/2001
Monthly Bulletin, March 2001,
977 kb,
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19/02/2001
Cross-border use of collateral: a user's survey,
580 kb,
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Press release:
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08/02/2001
Monthly Bulletin, February 2001,
897 kb,
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08/02/2001
Article, Monthly Bulletin, February 2001, p.37-50, Characteristics of corporate finance in the euro area,
113 kb,
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11/01/2001
Monthly Bulletin, January 2001,
1149 kb,
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11/01/2001
Article, Monthly Bulletin, January 2001, p.35-41, The euro area after the entry of Greece,
288 kb,
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11/01/2001
Article, Monthly Bulletin, January 2001, p.43-55, Monetary policy-making under uncertainty,
202 kb,
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21/12/2000
Monthly Bulletin, December 2000,
990 kb,
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09/11/2000
The single monetary policy in Stage Three: General documentation on Eurosystem monetary policy instruments and procedures,
609 kb,
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(update of the 1998 edition)
Press release:
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09/11/2000
Monthly Bulletin, November 2000,
838 kb,
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09/11/2000
Article, Monthly Bulletin, November 2000, p.37-48, The two pillars of the ECB’s monetary policy strategy,
168 kb,
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09/11/2000
Article, Monthly Bulletin, November 2000, p.49-60, Issues arising from the emergence of electronic money,
202 kb,
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12/10/2000
Monthly Bulletin, October 2000,
854 kb,
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12/10/2000
Article, Monthly Bulletin, October 2000, p.37-47, Potential output growth and output gaps: concept, uses and estimates,
180 kb,
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21/09/2000
Monthly Bulletin, September 2000,
1178 kb,
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10/08/2000
Monthly Bulletin, August 2000,
970 kb,
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10/08/2000
Article, Monthly Bulletin, August 2000, p.51-61, The external trade of the euro area economy: stylised facts and recent trends,
132 kb,
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13/07/2000
Monthly Bulletin, July 2000,
932 kb,
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13/07/2000
Article, Monthly Bulletin, July 2000, p.37-42, The switch to variable rate tenders in the main refinancing operations,
107 kb,
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13/07/2000
Article, Monthly Bulletin, July 2000, p.43-58, Monetary policy transmission in the euro area,
135 kb,
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13/07/2000
Article, Monthly Bulletin, July 2000, p.59-72, Population ageing and fiscal policy in the euro area,
110 kb,
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15/06/2000
Monthly Bulletin, June 2000,
801 kb,
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18/05/2000
Monthly Bulletin, May 2000,
1441 kb,
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18/05/2000
Article, Monthly Bulletin, May 2000, p.37-55, The information content of interest rates and their derivatives for monetary policy,
694 kb,
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18/05/2000
Article, Monthly Bulletin, May 2000, p.57-74, Developments in and structural features of the euro area labour markets,
188 kb,
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01/05/2000
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22/04/2000
Article, Monthly Bulletin, April 2000, p.39-48, The nominal and real effective exchange rates of the euro,
92 kb,
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20/04/2000
Monthly Bulletin, April 2000,
790 kb,
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01/04/2000
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09/03/2000
Monthly Bulletin, March 2000,
687 kb,
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10/02/2000
Monthly Bulletin, February 2000,
677 kb,
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13/01/2000
Monthly Bulletin, January 2000,
747 kb,
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13/01/2000
Article, Monthly Bulletin, January 2000, p.35-49, The euro area one year after the introduction of the euro: key characteristics and changes in the financial structure,
193 kb,
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13/01/2000
Article, Monthly Bulletin, January 2000, p.51-57, Foreign exchange reserves and operations of the Eurosystem,
141 kb,
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09/12/1999
Monthly Bulletin, December 1999,
868 kb,
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11/11/1999
Monthly Bulletin, November 1999,
732 kb,
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11/11/1999
Article, Monthly Bulletin November 1999, p.31-40, Stability-oriented policies and developments in long-term real interest rates in the 1990s,
83 kb,
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14/10/1999
Monthly Bulletin, October 1999,
743 kb,
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14/10/1999
Article, Monthly Bulletin October 1999, p.35-44, Inflation differentials in a monetary union,
134 kb,
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16/09/1999
Monthly Bulletin, September 1999,
703 kb,
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17/08/1999
Monthly Bulletin, August 1999,
751 kb,
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18/07/1999
Euro area monetary aggregates conceptual reconciliation exercise,
295 kb,
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Press release:
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13/07/1999
Monthly Bulletin, July 1999,
972 kb,
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13/07/1999
Article, Monthly Bulletin, July 1999, p.33-54, Longer-term developments and cyclical variations in key economic indicators across euro area countries,
283 kb,
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15/06/1999
Monthly Bulletin, June 1999,
645 kb,
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18/05/1999
Monthly Bulletin, May 1999,
728 kb,
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18/05/1999
Article, Monthly Bulletin, May 1999, p.45-72, The implementation of the Stability and Growth Pact,
167 kb,
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20/04/1999
Monthly Bulletin, April 1999,
612 kb,
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20/04/1999
Article, Monthly Bulletin April 1999, p.27-39, The role of short-term economic indicators in the analysis of price developments in the euro area,
117 kb,
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01/04/1999
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17/03/1999
Monthly Bulletin, March 1999,
586 kb,
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16/02/1999
Monthly Bulletin, February 1999,
508 kb,
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16/02/1999
Article, Monthly Bulletin February 1999, p.7-27, Economic development in the euro area,
213 kb,
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16/02/1999
Article, Monthly Bulletin February 1999, p.29-46, Euro area monetary aggregates and their role in the Eurosystems monetary policy strategy,
129 kb,
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19/01/1999
Monthly Bulletin, January 1999,
605 kb,
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19/01/1999
Article, Monthly Bulletin, January 1999, p.11-16, The euro area at the start of Stage Three,
79 kb,
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19/01/1999
Article, Monthly Bulletin, January 1999, p.17-37, Economic developments in the euro area,
268 kb,
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19/01/1999
Article, Monthly Bulletin, January 1999, p.39-50, The stability-oriented monetary policy strategy of the Eurosystem,
111 kb,
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04/05/1998
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07/03/1998
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27/04/1997
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13/11/1996
Progress towards convergence (EMI) 1996 ,
10087 kb,
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21/11/1995
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01/04/1995
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01/04/1993
Annual Report Committe of Governors of the central banks of the Member States of the European Economic Community 1992 ,
4427 kb,
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01/04/1992
Annual Report (July 1990-December 1991) Committe of Governors of the central banks of the Member States of the European Economic Community 1991 ,
3264 kb,
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