IMF Staff Country Reports

Euro Area Policies: Selected Issues

August 4, 2008

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Euro Area Policies: Selected Issues, (USA: International Monetary Fund, 2008) accessed November 21, 2024

Summary

This Selected Issues paper analyzes euro area policies and discusses the implications of the 2007–08 financial sector turbulence for real economic activity. It examines the linkages between the financial and real sectors in the euro area. The paper discusses the European Central Bank’s (ECB) monetary analysis and the role of monetary aggregates in central banking, surveying the ongoing theoretical and empirical debate. The paper also describes the introduction of a “European Mandate” for financial sector authorities in the European Union (EU), a proposal that is under consideration by EU member states.

Subject: Bank credit, Banking, Collateral, Credit, Demand for money, Economic sectors, Financial regulation and supervision, Financial sector, Money

Keywords: Australia and New Zealand, Bank, Bank credit, Bank lending channel, CR, Credit, Demand for money, ECB policy, ECB watcher, Europe, Financial sector, Global, Inflation, ISCR, Monetary policy, Money market, Money market rate, Policy strategy, Portfolio shift, Rate

Publication Details

  • Pages:

    79

  • Volume:

    ---

  • DOI:

    ---

  • Issue:

    ---

  • Series:

    Country Report No. 2008/263

  • Stock No:

    1EUREA2008002

  • ISBN:

    9781451879896

  • ISSN:

    1934-7685