Fungáčová, Zuzana; Kerola, Eeva; Laine, Olli-Matti - 2023
This study considers the pass-through of different ECB monetary policy measures to bank corporate lending rates of different maturities during 2010-2020. We find changes in the pass-through as policy rates first dip below zero in 2014 and again when negative interest rates become more persistent...
