We study cross-country differences in monetary policy transmission across the large four euro-area countries (France …

We assess the macroeconomic effects of the Eurosystem's asset purchases on the four largest euro area economies using … identification assumptions mainly on euro area aggregate financial variables and on country averages of output and price responses …

uncertainty shocks in the euro area and the US, paying particular attention to their effects on prices. While our results confirm …

exposure of banks to the debt issued by the national government. Our results suggest that euro area crisis countries' banks …

This paper uses a time-varying vector autoregressive (VAR) model for the euro area to explore the changes in the …

those of bailouts. Furthermore, we demonstrate that the Euro depreciates significantly against the Yen and US Dollar … following general risk shocks in the euro area and only to a small extent following bailout shocks. The Pound Sterling is not … affected by any of these shocks. The Euro variability is, from the EMU perspective, mainly driven by shocks stemming from large …

euro area, and European monetary policy. It becomes evident that the TARGET flows between 2015 and 2017 can be ascribed in … large part to monetary policy and to a minor extent to the risk assessment within the euro area. At the peak of the European … debt crisis between 2010 and mid-2012, the TARGET flows were affected by uncertainty in the euro area as a dominant factor …

Euro Area, Germany, France, Italy and Spain using a Bayesian vector autoregressive model with endogenous hyperparameter … distribution of their impulse responses with that of bank loans. For the Euro Area our results show equity, debt securities and non …