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We study the effect of collateral eligibility of corporate loans on the pricing of these loans by banks in Finland … Bank of Finland after the COVID-19 pandemic in 2020 and loanlevel corporate credit data from the Finnish implementation of …
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Finland, but its overall net impact on income and wealth inequality is negligible. Monetary easing increases households' gross …
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We measure the tone (sentiment) of the ECB's Governing Council regarding economic outlook at the time of each monetary policy meeting and use this information together with the Eurosystem/ECB staff macroeconomic projections to directly estimate the Governing Council's loss function. Our results...
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