about the pass-through of monetary policy. On the one hand, negative rates could lead to declining bank profitability making … interest rates per se. This paper uses a large micro level data set of the German bank universe to examine how banks behave in … this uncharted territory. The evidence found suggests that bank's business model, i.e. the share of overnight deposits …

about the pass-through of monetary policy. On the one hand, negative rates could lead to declining bank profitability making … interest rates per se. This paper uses a large micro level data set of the German bank universe to examine how banks behave in … this uncharted territory. The evidence found suggests that bank's business model, i.e. the share of overnight deposits …

, Mechanismen und mögliche Wege aus der Niedrigzinspolitik: wie sich die Zinspolitik der Europäischen Zentralbank auf jeden … Niedrigzinspolitik aus Wirtschaft und Währung vertrieben?Der Autor zeigt in eindrucksvoll präziser und anschaulicher Sprache Hintergründe …