representation of this regime, we formulate the central bank’s optimisation problem under the assumption that it is possible for the … MT in the period 1999-2005. We find that during this period Romania's MT regime can be characterised by a concern for … price stability and an additional role for smoothing of the central bank's instrument (base money growth). Our results …

, Romania, Slovakia and Slovenia over the last boom-bust cycle in 2004-2012. The results confirm that exporting is related to …

representation of this regime, we formulate the central bank's optimisation problem under the assumption that it is possible for the … MT in the period 1999-2005. We find that during this period Romania's MT regime can be characterised by a concern for … price stability and an additional role for smoothing of the central bank's instrument (base money growth). Our results …

-merger financial performance. We find that, on average, bank mergers in the European Union resulted in improved return on capital. By …

assess the relative importance of cross-border bank spillovers as compared to domestic bank spillovers. The results suggest …

expected return news component - as opposed to the bank-specific news, typically assumed to be incorporated in the cash …

approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … ignores differences in bank product quality and design, as well as the attractiveness of innovations. We measure competition …