of Euro-area banks to the global financial crisis. We focus on their interest-rate setting behavior in response to … explained by a significant increase in the frictions that the banks' business is subject to. -- Euro Area ; global financial …

This paper employs a panel vector autoregressive model for the member countries of the Euro Area to explore the role of … crisis. However, concerning both, the timing and the magnitude of the shocks our results also indicate that the Euro Area was … characterized by a considerable degree of cross-country heterogeneity. -- Euro Area ; panel vector autoregressive model ; sign …

of Euro area banks to the global financial crisis. We focus on their interest rate setting behavior in response to …

This paper studies the causes of price dispersion in the euro area emerging in response to a shock that hits all member … attributed to different degrees of price and wage rigidities in the member countries. -- pass-through ; oil price shock ; euro …