European Central Bank (ECB)

Government spending ineffective

Government spending shocks have a small effect on GDP and lead to crowding-out effects on private sector investment, a paper from the European Central Bank posits.

Trichet defends summer rate hike

The European Central Bank (ECB) was right to raise rates by a quarter point in July as long-term inflation expectations threatened to become unanchored, Jean-Claude Trichet, the president of the European Central Bank, has said.

Trichet on the euro

In this interview, Jean-Claude Trichet, the president of the European Central Bank, discusses various developments surrounding the euro.

Explaining interest-rate spreads

This paper uses a time series econometric framework to determine the structural determinants of the spread between the European Overnight Rate and the European Central Bank's Policy Rate from mid-2004 to mid-2006.

ECB on originate and distribute

A new paper from the European Central Bank looks at the incentive structure of the originate and distribute model and suggest policies that could be used to mitigate conflicts of interest surrounding the model.

Bulgarian National Bank - Annual Report 2007

The latest Annual Report from the Bulgarian National Bank highlights the central bank's entry to the European System of Central Banks, a group composed of the European Central Bank and the 27 national central banks of all EU members.

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