transmission effectiveness of ECB's large-scale asset purchasing programs programs (i.e. APP and PEPP) in the Euro area. Our … findings show: first, balance sheet composition of banks is an important determinant of monetary policy transmission. We tested …

In the euro area, monetary policy is conducted by a single central bank for 19 member countries. However, countries are … network to assess whether the European Central Bank (ECB) conducted monetary policy between 2002 and 2022 according to the …

We investigate the factors driving current account and monetary policy developments in the euro area. We estimate an … provide evidence for spillovers to the euro area from US preference shocks and US interest rate policy shocks. …

transmission effectiveness of ECB’s large-scale asset purchasing programs programs (i.e. APP and PEPP) in the Euro area. Our … findings show: first, balance sheet composition of banks is an important determinant of monetary policy transmission. We tested …

Monetary policy has heterogeneous effects across euro area countries. There are strong correlations between cross …-country monetary policy potency and housing and mortgage market institutions, namely the share of adjustable-rate mortgages and the …-union New Keynesian model with rich household balance sheets. I calibrate the model to Spain and the euro area and show that the …

renewable energy and reducing labor income tax in the euro area, and the interaction of these effects with domestic monetary … use of a New Keynesian two-country model with an energy sector, calibrated to the euro area and the rest of the world. The … monetary policy rate is at its effective lower bound, the fiscal policy mix generates short-run recessionary effects, which can …

We investigate the factors driving current account and monetary policy developments in the euro area. We estimate an … provide evidence for spillovers to the euro area from US preference shocks and US interest rate policy shocks …

This paper examines the optimal design of monetary policy in the European monetary union in the presence of structural …-country, forward-looking, general equilibrium model, which is estimated for two euro area countries (Germany and France), we show that … in formulating its monetary policy, especially in view of more countries joining the European monetary union in the …

transmission effectiveness of ECB’s large-scale asset purchasing programs programs (i.e. APP and PEPP) in the Euro area. Our … findings show: first, balance sheet composition of banks is an important determinant of monetary policy transmission. We tested …