speeches. To carry out the analysis, we construct the Euro Area Monetary Policy Event-Study Database (EA-MPD). This database …, is a contribution on its own right and we expect it to be the standard in monetary policy research for the euro area. …

While the ECB helped mitigate the euro crisis in the aftermath of Lehman, it has stretched its monetary mandate and …

integration process. We argue that the market orders shaped in postwar Germany and in Margret Thatcher's United Kingdom have long …

transmission in the euro area over the period 1999-2015. MVARs allow us to differentiate between different states of the economy … multiple variables. We show that monetary policy transmission in the euro area can indeed be described as a mixture of two … the transmission mechanism is indeed different for the euro area during times of economic and financial distress. …

prices in the four largest economies in the euro area: France, Germany, Italy, and Spain. We first calibrate a life … responses quantified in this paper point towards important heterogeneity in monetary-policy transmission within the euro area. …

In this paper, we provide evidence for a risk-taking channel of monetary policy transmission in the euro area that … stance, the aforementioned two indicators for the shadow banking sector. Based on vector autoregressive models for the euro … expansion of assets. Country-specific estimations confirm these findings for most of the euro area countries, but also reveal …