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Exchange rate pass-through in the euro area and EU countries

Ortega, Eva; Osbat, Chiara - 2020

Persistent link: https://www.econbiz.de/10012312333

Exchange rate pass-through in the euro area and EU countries

Ortega, Eva; Osbat, Chiara - 2020

movements do not have an impact on inflation, as aggregate rules of thumb mask substantial heterogeneities across countries … deviations of inflation from target, including those relating to exchange rate fluctuations. Moreover, under the effective lower … inflation. …

Persistent link: https://www.econbiz.de/10012206373

The fall of Bagehot : monetary policy implementation during the financial crisis

Berg, Jesper - In: Nationaløkonomisk tidsskrift 155 (2017) 1, pp. 5-28

Persistent link: https://www.econbiz.de/10011765233

Monetary transmission right from the start : the (dis)connection between the money market and the ECB’s main refinancing rates

Abbassi, Puriya; Nautz, Dieter - 2010

The relation between the ECB’s main refinancing (MRO) rates and the money market is key for the monetary transmission process in the euro area. This paper investigates how money market rates respond to the new information revealed by MRO auctions. Our results confirm a stabilizing level...

Persistent link: https://www.econbiz.de/10003953030

Monetary transmission right from the start : the (dis)connection netween the money market and the ECB’s main refinancing rates

Abbassi, Puriya; Nautz, Dieter - 2010

The relation between the ECB's main refinancing (MRO) rates and the money market is key for the monetary transmission process in the euro area. This paper investigates how money market rates respond to the new information revealed by MRO auctions. Our results confirm a stabilizing level...

Persistent link: https://www.econbiz.de/10003962841

Monetary transmission right from the start : on the information content of the eurosystem’s main refinancing operations

Abbassi, Puriya; Nautz, Dieter - 2011

The Eurosystem’s main refinancing operations (MRO) are key for the interbank money market and the monetary transmission process in the euro area. This paper investigates how money market rates respond to the information revealed by various aspects of an MRO auction outcome. Our results confirm...