Similar Search Results

Financial systems and the role of banks in monetary policy transmission in the euro area

Ehrmann, Michael; Gambacorta, Leonardo; Martínez … - 2001

monetary policy does alter bank loan supply, with the effects most dependent on the liquidity of individual banks. Unlike in … the US, the size of a bank does generally not explain its lending reaction. We also show that the standard publicly … ihres Liquiditätsgrads variiert. Im Gegensatz zu den USA ist im Allgemeinen die Größe einer Bank kein direkter …

Persistent link: https://www.econbiz.de/10011419463

The effects of monetary policy in the euro area

Ehrmann, Michael; Gambacorta, Leonardo; Martínez … - In: Oxford review of economic policy 19 (2003) 1, pp. 58-72

Persistent link: https://www.econbiz.de/10001891651

Rational inattention, inflation developments and perceptions after the euro cash changeover

Ehrmann, Michael (contributor) - 2006

This paper uses the euro cash changeover to test theories of finite informationprocessing capacities on the side of consumers. It argues that the denomination of prices in a new currency has increased the information-processing requirements for consumers by more than for sellers, a wedge that...

Persistent link: https://www.econbiz.de/10003280660

Reasons and implications of inflation differentials within the European Monetary Union

Angeloni, Ignazio; Ehrmann, Michael - In: Designing the new European Union : [this volume based …, (pp. 223-253). 2007

Persistent link: https://www.econbiz.de/10003411132

Inflation persistence and price-setting behaviour in the euro area : a summary of the Inflation Persistance Network evidence

Altissimo, Filippo; Ehrmann, Michael; Smets, Frank - 2006

Persistent link: https://www.econbiz.de/10003384161

Convergence and anchoring of yield curves in the euro area

Ehrmann, Michael; Fratzscher, Marcel; Gürkaynak, Refet S. - 2007

Persistent link: https://www.econbiz.de/10003549837

Convergence and anchoring of yield curves in the euro area

Ehrmann, Michael; Fratzscher, Marcel; Gürkaynak, Refet S. - 2007

We study the convergence of European bond markets and the anchoring of inflation expectations in euro area countries using high-frequency bond yield data for France, Germany, Italy and Spain. We find that Economic and Monetary Union (EMU) has led to substantial convergence in euro area sovereign...

Persistent link: https://www.econbiz.de/10003554986

Convergence and anchoring of yield curves in the Euro area

Ehrmann, Michael; Fratzscher, Marcel; Gürkaynak, Refet S. - In: The review of economics and statistics 93 (2011) 1, pp. 350-364

Persistent link: https://www.econbiz.de/10009161695

Euro area government bonds : integration and fragmentation during the sovereign debt crisis

Ehrmann, Michael; Fratzscher, Marcel - 2015

European Central Bank’s (ECB’s) announcement of its Outright Monetary Transactions (OMT) program in 2012. At the same time …

Persistent link: https://www.econbiz.de/10010519824

Euro area government bonds-integration and fragmentation during the sovereign debt crisis

Ehrmann, Michael; Fratzscher, Marcel - 2015

Persistent link: https://www.econbiz.de/10011289268

1
2
3
4
5
6
7
8
9
10
Next
Last