Showing 1 - 10 of 12
Persistent link: https://www.econbiz.de/10000991759
Persistent link: https://www.econbiz.de/10000980668
Persistent link: https://www.econbiz.de/10001406110
In Reaktion auf die Finanzkrise hat das Eurosystem seine Geldpolitik massiv gelockert. So hat die Europäische … budgets in several countries of the euro area. This has led to large liquidity flows into Germany. This situation is expected … to continue for some time to come. With huge amounts of excess liquidity already accumulated in the German banking sector …
Persistent link: https://www.econbiz.de/10010343472
Persistent link: https://www.econbiz.de/10010408479
Persistent link: https://www.econbiz.de/10009558427
Persistent link: https://www.econbiz.de/10009559835
Persistent link: https://www.econbiz.de/10001354746
This paper presents a complete set of results describing the effects of monetary policy in 10 countries of the euro area for the pre-EMU period. For each country, we impose one of three identification schemes depending on its monetary integration with Germany, the nominal anchor of the ERM. The...
Persistent link: https://www.econbiz.de/10005344895
Drawing on recent Eurosystem research that uses a range of econometric techniques and a number of new data sets, we propose a comprehensive description of how monetary policy affects the euro area economy. We focus mainly on three questions: (1) what are the stylised facts concerning the...
Persistent link: https://www.econbiz.de/10005070389