die USA, den Euroraum, Japan und Großbritannien spezifiziert. Während die Geldpolitik keinen Einfluss auf die Entwicklung …Die Transmission monetärer Impulse auf zunehmend integrierten Finanzmärkten ist von herausragender Bedeutung für die …. Andererseits wäre im Fall steigender Vermögenspreise eine restriktivere Geldpolitik erforderlich, die die Dynamik von Produktion …

-sector heterogeneity. Distinguishing different transmission channels, we find that in particular the transmission via US and foreign short …-term interest rates and the exchange rate play an important role. As to the determinants of the strength of transmission to …, thus linking the strength of asset price transmission to underlying trade and asset holdings, and find that in particular …

impact of political shocks on the domestic economy of member states but magnified the transmission of political shocks within …

entry may influence the monetary transmission process. Through the competition effect, the arrival of new entrants makes the …

We study how the structure of housing finance affects the transmission of monetary policy shocks. We document three …, and ac- cording to a wide range of indicators, the transmission of monetary policy shocks to residential investment and …, the transmission to consumption is stronger only in those countries where mortgage equity release is common and mortgage …

monetary transmission via private sector balance sheets, credit risk spreads and asset markets in an integrated setup and to …

In this paper our main aim is to quantify the role that housing collateral plays for the monetary transmission …. We quantify the reinforcement of the monetary transmission mechanism that housing used as collateral implies in the … as on inflation and thereby the real value of nominal debt. This component of the monetary transmission mechanism becomes …

after three to four quarters, whereas prices start to increase much later. We also consider the transmission of US shocks …

transmission of monetary policies of the United States, the euro area, Japan, and the United Kingdom. Two other studies use … Network (IBRN) on the cross-border transmission of conventional and unconventional monetary policy through banks. Teams from …, especially for U.S. policies, and bank-specific heterogeneity influences the magnitudes of transmission. The effects are …

vivid debate on the possible implications for monetary policy. In this paper, we ask whether the U.S. Fed, the Bank of Japan …