Showing 1 - 10 of 14
This paper estimates the factors underlying the volatility of the euro overnight interest rate and its transmission along the euro area money market yield curve. A new multivariate unobserved components model is proposed allowing for both long-memory and stationary cyclical dynamics. Using...
Persistent link: https://www.econbiz.de/10009635972
Persistent link: https://www.econbiz.de/10009639922
Persistent link: https://www.econbiz.de/10010478774
-specific. Second, financial innovation appears to have had a weaker impact on money demand in the euro area than in other economies. A …
Persistent link: https://www.econbiz.de/10009635916
Persistent link: https://www.econbiz.de/10009638741
Persistent link: https://www.econbiz.de/10009638742
Persistent link: https://www.econbiz.de/10009638927
Persistent link: https://www.econbiz.de/10009639734