time by virtue of the implementation of the single monetary policy, money market integration and the growth of debt … can lead to asymmetries in the transmission of the ECB policy. First, the paper examines the pass-through of money market … panel data suggests that current "country asymmetries" in the response of bank rates to monetary policy should decrease over …

sheets and their monetary policy transmission. The European Central Bank (ECB) extensively reviewed its monetary policy … framework and their relationship with the ECB monetary policy strategy review. Climate-related disclosures, improvements in risk … avenues that central banks, including the ECB, might take to further refine their monetary policy implementation using an …

the economic ties and integration among Turkey and the European Union (EU) countries led to increasing the sensitivity and … (ECB) interest rates on Türkiye's stock market from January 1999 to January 2019. The research applied the Autoregressive … Distributed Lag (ARDL) co-integration method to analyze the interaction among the tested variables. The Fully Modified …

heterogeneous currency area. Since the start of EMU, this question has generated extensive debate, which has recently intensified …I want to address a controversial issue —namely, whether a single monetary policy can fit all parties in a supposedly …

Motivated by empirical evidence, we propose an open-economy New Keynesian model with financial integration that allows … financial intermediaries to hold foreign long-term bonds. We find financial integration features an amplification for a domestic … monetary policies. Among various aspects of financial integration, the bond duration plays a major role, and our results cannot …

Following the end of the coronavirus pandemic, the European Central Bank (ECB) was confronted with an unprecedented … increase in energy prices. This led to consumer price inflation in the euro area far beyond the ECB's inflation target of two … the ECB facing conflicting objectives of stabilizing the economy and combating inflation. Estimates show that while the …

sovereign debt crisis. Since 2014, the ECB engaged in accommodative/unconventional monetary policy to restore funding conditions … priority for the transmission of monetary policy to the real economy. However, SMEs experienced a credit crunch following the … presence of expansionary monetary policy, firms with high debt to assets are less likely to be credit constrained. The …

that both standard and non-standard measures of the ECB’s accommodating monetary policy alleviated banks’ funding … monetary policies of the European Central Bank (ECB) mitigated the disruption in bank lending between 2008 and 2014. We show … are small and financially constrained. As such, we show that the ECB was successful in doing so, with the implementation …