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The transmission of German monetary policy in the pre-Euro period

Lütkepohl, Helmut; Wolters, Jürgen - 2001

A small macroeconomic model is constructed to study the transmission of the monetary policy conducted by the Deutsche Bundesbank (DBB) since the middle of the 1970s. For this purpose quarterly, seasonally unadjusted data for the period from 1975 to 1998 are used, that is, the period until the...

Persistent link: https://www.econbiz.de/10011400913

Interbank lending and monetary policy transmission : evidence for Germany

Ehrmann, Michael; Worms, Andreas - 2001

This paper presents empirical evidence on the behaviour of interbank lending in Germany after a monetary policy impulse … loan portfolio relatively unaffected. This may explain why the evidence for a bank lending channel in Germany seems to be …Dieses Papier präsentiert empirische Evidenz zum Verhalten der Interbankkredite in Deutschland nach einem …

Persistent link: https://www.econbiz.de/10011419387

Shock from graying : is the demographic shift weakening monetary policy effectiveness

Imam, Patrick - In: International journal of finance & economics : IJFE 20 (2015) 2, pp. 138-154

Persistent link: https://www.econbiz.de/10011348431

The credit channel in Germany and the UK : differences in the transmission of monetary policy?

Lüdke, Ulrike - 2000

This paper investigates the credit channel in Germany and the United Kingdom. The financial systems of these two … competition among credit intermediaries, resulting in a declining dependence on banks in Germany. …

Persistent link: https://www.econbiz.de/10010504307