This paper offers a comprehensive comparison of the structure of banking and financial markets in the euro area. Based …

This paper offers a comprehensive comparison of the structure of banking and financial markets in the euro area. Based …

This paper offers a comprehensive comparison of the structure of banking and financial markets in the euro area. Based … ergibt, dass die Geldpolitik das Bankkreditangebot beeinflußt, wobei die Stärke dieses Effekts über Banken in Abhängigkeit …

This paper provides evidence on whether the creation of the euro has changed the way global turbulences affect euro … area and other economies. Specifically, it considers the impact of global shocks on the competitiveness of individual euro … over 60 countries.real effective exchange rates, including those of the individual euro area economies, and compares …

This paper provides evidence on whether the creation of the euro has changed the way global turbulences affect euro … area and other economies. Specifically, it considers the impact of global shocks on the competitiveness of individual euro … over 60 countries' real effective exchange rates, including those of the individual euro area economies, and compares …

-asset price movements in a sign-restricted BVAR model to analyse the extent to which euro area and US yields, equity prices, and … the euro-US dollar exchange rate are jointly driven by monetary policy, macro and global risk factors. A novelty is that … of euro area financial variables. Euro area shocks transmit much less to US financial markets in comparison, with global …

results for the euro area and provide evidence that they are due to central bank information effects. That is, ECB …

seemingly puzzling results for the euro area and provide evidence that they are due to central bank information effects. That is …

excess reserves, implying a structural liquidity surplus in the euro area banking sector. Against this background, the first … contractionary impact on bank loan supply. As the newly created excess reserves are heterogeneously distributed across euro area …