Demand shocks strongly influence eurozone profit levels: ECB paper


The cross-sector variation in profits experienced within the eurozone’s largest economies is strongly linked to size of demand shocks, according to a European Central Bank paper published on Tuesday.

Laurent Maurin, Moreno Roma and Igor Vetlov, the paper’s authors, use a small-scale vector auto-regression model to examine the behaviour of profits in the manufacturing, construction and service sector in Germany, France, Italy and Spain between 1988 and 2010. The authors note that analysing profit

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: