this purpose, we measure the intermediation quality of a bank by estimating its profit and cost efficiency while taking the … “normal” and in “bad” times. These results provide evidence to the importance of swiftly restoring bank protability in euro … area crisis countries through addressing high non-performing loans ratios and decisive actions on bank recapitalization. …

This paper analyses the monetary policy interdependence between the European Central Bank (ECB) and the Federal Reserve …. In the partial VECM, we look for a long-run interdependent relationship between the interest rates of the two currency …. -- Monetary policy ; interdependence ; European Central Bank ; Federal Reserve ; Taylor rule ; VECM …

for central bank independence and government ideology. The results suggest that leftist governments did not decrease short … politics ; central bank independence ; panel data …

in order to account for variations within these variables over time. We argue that measures of money and credit growth … the Fed is concerned, the impact of consumer price inflation, and money and credit growth turns negative during the crisis … the ECB during the crisis. -- Subprime crisis ; Federal Reserve ; European Central Bank ; equilibrium real interest rate …

This paper examines the interactions between money, interest rates, goods and commodity prices at a global level. For …, money (defined as a global liquidity aggregate) is still a key factor to determine the long-run homogeneity of commodity …

¿ forecasts of real time data for several periods are employed. -- European Central Bank ; monetary policy ; real time data …

We develop a roadmap of how the ECB should further reduce the volume of money (money supply) and roll back credit … Volkswirtschaften aus Fernost. Eine Koordination des geld- und fiskalpolitischen Ausstiegs würde die Unabhängigkeit der EZB untergraben …

. -- Credibility ; central bank independence ; price stability ; monetary commitment …Diese Arbeit untersucht den Einfluss der Glaubwürdigkeit von Geldpolitik auf die Preisstabilität. Eine regelgebundene … Geldpolitik wird häufig als ein wichtiges Instrument zur Erreichung von Preisstabilität angesehen. In empirischen Studien ist der …