We estimate a panel VAR model for the euro area to quantitatively assess how the uneven recourse of national banking … systems in the euro area to the ECB's unconventional refinancing operations that led to the accumulation of large TARGET2 … evolution of aggregate economic activity in euro area member countries in the period 2008-2014. Our results suggest that the …

We estimate a panel VAR model for the euro area to quantitatively assess how the uneven recourse of national banking … systems in the euro area to the ECB's unconventional refinancing operations that led to the accumulation of large TARGET2 … evolution of aggregate economic activity in euro area member countries in the period 2008-2014. Our results suggest that the …

the 26 largest euro area banking groups. Banks with more customer deposits are negatively affected by negative rates, as …

retail customers for the period 2009-2016 at the security level, we find evidence that banks sold off risky euro …

the euro area HICP. The measurement of the German HICP is impaired by the extrapolation of expenditure weights, and the … likely to be relevant for the euro area HICP as well but cannot be quantified due to data constraints. Compilers might …

France, 1.2%-2.0% in Germany, 0.8%-1.0% in Italy, and 1.1-1.7% in the Euro Area (three country average). Differences across …

The shifts in household consumption caused by the coronavirus pandemic affect inflation measurement in the euro area … quantity components. Our empirical results show that euro area inflation was distinctly influenced by weighting effects for the … comparable across individual euro area countries, we argue that this decomposition is relevant in terms of providing timely …