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Financial systems and the role of banks in monetary policy transmission in the euro area
Ehrmann, Michael (contributor) - 2001
This paper offers a comprehensive comparison of the structure of banking and financial markets in the euro area. Based on this, several hypotheses about the role of banks in monetary policy transmission are developed. Many of the predictions that have been proposed for the U.S. are deemed...
Persistent link: https://www.econbiz.de/10001643064
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DP17784 Credibility gains from communicating with the public : evidence from the ECB's new monetary policy strategy
Ehrmann, Michael; Georgarakos, Dimitris; Kenny, Geoff - 2023
Persistent link: https://www.econbiz.de/10013477819
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Effects of state-dependent forward guidance, large-scale asset purchases and fiscal stimulus in a low-interest-rate environment
Coenen, Günter; Montes-Galdon, Carlos; Smets, Frank - 2021
Persistent link: https://www.econbiz.de/10012500069
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Exploring differences in household debt across the United States and Euro Area countries
Christelis, Dimitris; Ehrmann, Michael; Georgarakos, … - 2020
Persistent link: https://www.econbiz.de/10012312551
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Monetary policy communication : perspectives from former policy makers at the ECB
Ehrmann, Michael; Holton, Sarah; Kedan, Danielle; … - 2021
Persistent link: https://www.econbiz.de/10013188248