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Smells like fiscal policy? : assessing the potential effectiveness of the ECB's OMT program
Hristov, Nikolay; Hülsewig, Oliver; Siemsen, Thomas; … - 2014
This paper explores the potential effectiveness of the ECBś Outright Monetary Transaction (OMT) program in safeguarding an appropriate monetary policy transmission. Since the program aims at manipulating bank lending rates by conducting sovereign bond purchases on secondary markets, a stable...
Persistent link: https://www.econbiz.de/10010246072
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Smells like fiscal policy? : assessing the potential effectiveness of the ECB's OMT program ; conference paper
Hristov, Nikolay; Hülsewig, Oliver; Siemsen, Thomas; … - 2014
This paper explores the potential effectiveness of the ECB s Outright Monetary Transaction (OMT) program in safeguarding an appropriate monetary policy transmission. Since the program aims at manipulating bank lending rates by conducting sovereign bond purchases on secondary markets, a stable...
Persistent link: https://www.econbiz.de/10010480578
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Unconventional monetary policy shocks in the euro area and the sovereign-bank nexus
Hristov, Nikolay; Hülsewig, Oliver; Scharler, Johann - In: International journal of central banking : IJCB 17 (2021) 3, pp. 337-383
Persistent link: https://www.econbiz.de/10014323164
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The effects of monetary policy shocks : some evidence from the flow of funds
Christiano, Lawrence J. - 1994
Persistent link: https://www.econbiz.de/10000889367
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Optimality of the Friedman rule in economies with distorting taxes
Chari, Varadarajan V.; Christiano, Lawrence J.; Kehoe, … - 1993
Persistent link: https://www.econbiz.de/10000870604
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Liquidity effects and the monetary transmission mechanism
Christiano, Lawrence J.; Eichenbaum, Martin S. - 1992
Persistent link: https://www.econbiz.de/10000831835
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Optimal fiscal and monetary policy : some recent results
Chari, Varadarajan V.; Christiano, Lawrence J.; Kehoe, … - 1991
Persistent link: https://www.econbiz.de/10000825960
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Optimality of the Friedman rule in economies with distorting taxes
Chari, Varadarajan V. - 1993
Persistent link: https://www.econbiz.de/10000874772
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Expectation traps and discretion
Chari, Varadarajan V.; Christiano, Lawrence J.; … - 1996
Persistent link: https://www.econbiz.de/10000588579
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Sticky price and limited participation models of money : a comparison
Christiano, Lawrence J.; Eichenbaum, Martin S.; Evans, … - 1996
Persistent link: https://www.econbiz.de/10000609266