countries and product categories, in the euro area over the last fifteen years. Our results show that the transmission of … the introduction of the euro caused a structural change in this transmission. Although estimated point elasticities seem … to have declined since the introduction of the euro, we find little evidence of a structural break in the transmission of …

reducing the dollar funding pressures abroad and stresses in money markets. The central bank dollar swap facilities are an …

The perceptions of a central bank's inflation aversion may reflect institutional structure or, more dynamically, the … for persistent variation in market perceptions of central bank inflation aversion. The first years of the European Central … Bank (ECB) provide a natural experiment for this model. Tests of the effect of news announcements on the slope of yield …

International financial linkages, particularly through global bank flows, generate important questions about the …. Empirical tests of the trilemma support this view that global bank effects are heterogeneous, and also that the primary drivers …

Global liquidity refers to the volumes of financial flows - largely intermediated through global banks and non-bank … regulatory agendas related to non-bank financial institutions …

facility. We provide new evidence on how the central bank swap lines and FIMA repo facility reduce strains in global dollar …