We examine the effect of the European Central Bank’s Quantitative Easing (QE) on sovereign bond spreads of crisis-prone EMU countries. Outcomes of panel regression models show that QE lowered the effect of volatility on sovereign bond spreads by one to two percentage points. Asset purchase...

We take two approaches to examine the effect of the European Central Bank’s Quantitative Easing (QE) on the sovereign bonds of Ireland, Italy, Portugal, and Spain. First, outcomes of panel regression models show that QE lowered the effect of volatility on sovereign bond spreads by one to two...

We examine the effect of Quantitative Easing (QE) by the ECB on the sovereign bond risks of Italy, Ireland, Spain and Portugal. First, outcomes of panel regression models suggest that QE lowered the effect of volatility on sovereign bond spreads by 1 to 2 percentage points. Compared to asset...

Global financial institutions play an important role in channeling funds across countries and, therefore, transmitting monetary policy from one country to another. In this paper, we study whether such international transmission depends on financial institutions' business models. In particular,...

This study investigates the effects of a flattening of the yield curve and decreasing interest rates on the net interest margin (NIM) of 41 Dutch banks during the period 2008Q1 to 2016Q2. Our contribution to the literature is that we distinguish explicitly between net interest income from pure...