Using a unique dataset of the Euro area and the U.S. bank lending standards, we find that low (monetary policy) short …

unique Euro area bank lending surveys. Embedding this information within a standard VAR model, we find that: (1) the credit …) during the crisis, credit supply restrictions to firms in the Euro area and tighter standards for mortgage loans in the US …

The Euro area economic activity and banking sector have shown substantial fragility over the last years with remarkable … affected the transmission mechanism of the single Euro area monetary policy during the crisis until the end of 2011. The …

as possible spillover effects within the euro area. All in all, spillover effects are relatively small …

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

, and include expert judgement. We develop a multi-country BVAR for the four largest countries of the euro area and we show …

A balanced current account in the euro area has disguised sizeable net lending imbalances at the country level …

crisis, and of the provision of central bank liquidity during the crisis. Exploiting the euro area institutional setting for …

estimated on euro area data. As a prelude to the country models, this version is meant to enhance the understanding of the main … model mechanisms, enlarge the suite of area wide tools, and provide a tool for a top down approach between euro area and …

This study examines empirically the information content of the euro area Bank Lending Survey for aggregate credit and … leading indicator for euro area bank credit and real GDP growth. Notwithstanding the short history of the survey, the findings …