Showing 1 - 10 of 258
We analyse the effects of supranational versus national banking supervision on credit supply, and its interactions with monetary policy. For identification, we exploit: (i) a new, proprietary dataset based on 15 European credit registers; (ii) the institutional change leading to the...
Persistent link: https://www.econbiz.de/10012137670
inflation and growth. After the collapse of financial intermediation in late 2008, the strategy of the ECB was to preserve the …
Persistent link: https://www.econbiz.de/10009640775
inflation and growth. After the collapse of financial intermediation in late 2008, the strategy of the ECB was to preserve the …
Persistent link: https://www.econbiz.de/10011605382
inflation and growth. After the collapse of financial intermediation in late 2008, the strategy of the ECB was to preserve the …
Persistent link: https://www.econbiz.de/10009006624
inflation and growth. After the collapse of financial intermediation in late 2008, the strategy of the ECB was to preserve the …
Persistent link: https://www.econbiz.de/10013126720
We analyse the effects of supranational versus national banking supervision on credit supply, and its interactions with monetary policy. For identification, we exploit: (i) a new, proprietary dataset based on 15 European credit registers; (ii) the institutional change leading to the...
Persistent link: https://www.econbiz.de/10012389552
We analyse the effects of supranational versus national banking supervision on credit supply, and its interactions with monetary policy. For identification, we exploit: (i) a new, proprietary dataset based on 15 European credit registers; (ii) the institutional change leading to the...
Persistent link: https://www.econbiz.de/10012844932
The paper aims at deriving some stylised facts for financial, real, and monetary policy developments during asset price booms by means of aggregating information contained in 38 boom periods since the 1970s for 18 OECD countries. We observe 26 macroeconomic variables in a pre-boom, boom and...
Persistent link: https://www.econbiz.de/10009639418
The paper aims at deriving some stylised facts for financial, real, and monetary policy developments during asset price booms. We observe various macroeconomic variables in a pre-boom, boom and post-boom phase. Not all booms lead to large output losses. We analyse the differences between...
Persistent link: https://www.econbiz.de/10013319333
This paper provides a summary of current knowledge on inflation persistence and price stickiness in the euro area …, based on research findings that have been produced in the context of the Inflation Persistence Network. The main findings … are: i) Under the current monetary policy regime, the estimated degree of inflation persistence in the euro area is …
Persistent link: https://www.econbiz.de/10011622329