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 well as the special ad-hoc questions on the LTROs conducted in mid-February 2012. We estimate a panel-VAR for the euro …

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

) model for the United States (US) and the euro area (EA). The main features of the new open economy macro-economics (NOEM …

We analyse the interaction between monetary and macroprudential policies in the euro area by means of a two …-country DSGE model with financial frictions and cross-border spillover effects. We calibrate the model for the four largest euro …

We implement a two-step approach to construct a financing conditions index (FCI) for the euro area and its four larger … worldwide and euro area specific financial events. Moreover, while the national FCIs are constructed independently, they display … a similar pattern across the larger euro area economies over most of the sample period and varied more widely since the …

The euro area experience during the financial crisis highlighted the importance of financial and sovereign risk factors … with its cross-country heterogeneity within the euro area, focusing on Germany, France, Italy, Spain, and rest-of-euro area …. We construct three stylised macro-financial scenarios as a synopsis of the euro area financial crisis and argue that the …

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