Showing 1 - 10 of 503
We turn our attention to the role of money for determining nominal magnitudes. Using US data, we find that the … aggregate “nominal output plus and stock market capitalisation” is closely related to the money stock, lending support to one of … keep a very close eye on money supply if it wants to prevent consumer and/or asset price inflation. …
Persistent link: https://www.econbiz.de/10010206409
Using an event-study design, we investigate monetary policy interest-rate-to-performance sensitivity of the European banking sector over the 07/2012–06/2017 period when interest rates were (close to) zero. We apply the Wordscores approach to introductory statements of ECB's Governing Council...
Persistent link: https://www.econbiz.de/10012894591
This work examines the impact of bank efficiency on the bank lending channel in China. Using a sample of 175 Chinese … bank’s efficiency. While bank efficiency does not exert an impact on the effectiveness of monetary policy transmission … expansion of shadow banking activities has been associated with a positive impact of bank efficiency on monetary policy …
Persistent link: https://www.econbiz.de/10013247758
Persistent link: https://www.econbiz.de/10012421773
The paper examines the bank lending activities of banks in a low interest rate environment. External financing of small …- and medium-sized enterprises in the euro area primarily takes place via bank loans and not through capital markets. Based … on the Bankscope database, bank balance sheet data is utilized. Control variables are included, such as for the system of …
Persistent link: https://www.econbiz.de/10012063954
Persistent link: https://www.econbiz.de/10012122225
This work examines the impact of bank efficiency on the bank lending channel in China. Using a sample of 175 Chinese … bank's efficiency. While bank efficiency does not exert an impact on the effectiveness of monetary policy transmission … expansion of shadow banking activities has been associated with a positive impact of bank efficiency on monetary policy …
Persistent link: https://www.econbiz.de/10012431914
Using an event-study design, we investigate monetary policy interest-rate-to-performance sensitivity of the European banking sector over the 07/2012-06/2017 period when interest rates were (close to) zero. We apply the Wordscores approach to introductory statements of ECB's Governing Council...
Persistent link: https://www.econbiz.de/10011959752
Persistent link: https://www.econbiz.de/10014481147
We turn our attention to the role of money for determining nominal magnitudes. Using US data, we find that the … aggregate 'nominal output plus and stock market capitalisation' is closely related to the money stock, lending support to one of … keep a very close eye on money supply if it wants to prevent consumer and/or asset price inflation. …
Persistent link: https://www.econbiz.de/10010327296