data to analyze how the vocal emotions and language of ECB President Mario Draghi affect the yield curve of major euro area …

systematic exposition of the necessary conditions for TARGET balances to emerge and provides a clear link to monetary policy. We … depends on the monetary policy context in which excess liquidity is created. We distinguish three phases of TARGET balances …

systematic exposition of the necessary conditions for TARGET balances to emerge and provides a clear link to monetary policy. We … depends on the monetary policy context in which excess liquidity is created. We distinguish three phases of TARGET balances …

systematic exposition of the necessary conditions for TARGET balances to emerge and provides a clear link to monetary policy. We … depends on the monetary policy context in which excess liquidity is created. We distinguish three phases of TARGET balances …

3000 speeches from central bankers to investigate the topics euro area national banks and the ECB most frequently talk … stability communication lie at the core of central bank communication in the euro area. Second, the ECB’s ideal points tend to … position. This implies that we cannot think of the ECB’s ideal point as being formed by the ideological positions of its member …

This paper provides a comprehensive analysis of the interest rate pass-through of euro area monetary policy to retail … area shadow rate. Compared to euro area monetary policy, the share of cointegration of the domestic monetary policy rate is … control the "euro part" of the interest rate channel. Furthermore, euro area monetary policy shocks are fast and persistently …

This paper provides a comprehensive analysis of the interest rate pass-through of euro area monetary policy to retail … area shadow rate. Compared to euro area monetary policy, the share of cointegration of the domestic monetary policy rate is … control the "euro part" of the interest rate channel. Furthermore, euro area monetary policy shocks are fast and persistently …

This paper provides a comprehensive analysis of the interest rate pass-through of euro area monetary policy to retail … area shadow rate. Compared to euro area monetary policy, the share of cointegration of the domestic monetary policy rate is … control the `euro part´ of the interest rate channel. Furthermore, euro area monetary policy shocks are fast and persistently …

relevant for monetary policy transmission, in particular the money markets and the bond markets. …The financing structure of the euro area economy has evolved since the global financial crisis with non-bank financial … intermediation taking a more prominent role. This shift affects the transmission of monetary policy. Compared with banks, non …