Blot, Christophe; Labondance, Fabien - In: Economics Bulletin 33 (2013) 2, pp. 973-985
The aim of the paper is to understand how the financial crisis has affected the interest rate pass-through (PT) in the Eurozone between market rates and bank interest rates. We have applied a SUR-ECM model. This methodology allows testing for the homogeneity of the PT of the euro area countries....