Whether a central bank should share with the public its views about the future evolution of short term interest rates … of this announcement on private expectations about future short term interest rates. The communication of policy …, where the central bank releases interest rate projections, we find that market expectations react significantly and …

; (ii) the short-term nominal interest rate is set as a linear function of the deviations of inflation and real output from … inflation and output gap projections enlarges the set of interest rate rules associated with stable equilibria and helps agents … to learn faster, the announcement of the interest rate path exerts the opposite effect. In the latter case, in order to …

This paper examines the velocity and asymmetry in the response of bank interest rates to monetary policy shocks. Using … retail bank interest rates in Italy in the period 1985-2002. The main results of the paper are: 1) the speed in adjustment of … bank interest rates to monetary policy changes have significantly increased after the introduction of the 1993 Consolidated …

interest rate futures for the conduct of monetary policy in Italy, at times when significant regime shifts have occured. …

This paper examines the recent behavior of sovereign interest rates in the euro area, focusing on the 10 year yield …

The aim of this paper is to study cross-sectional differences in banks interest rates. It adds to the existing … literature, interest rates on short-term lending of liquid and well-capitalized banks react less to changes in money market rates …-through on the interest rate on current accounts depends mainly on banks� liability structure. Bank size is never relevant. …

The outbreak of the financial crisis coincided with a sharp increase of worldwide interbank interest rates. We analyze …

on bank capital-to-assets ratios and on the degree of interest rate stickiness. Bank balance-sheet constraints establish …

The prices of futures contracts on short-term interest rates are commonly used by central banks to gauge market …

of data on banks’ balance sheets, central banks and money market funds; on interest rates on deposits and loans; on non …