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This paper examines the pass-through of European Central Bank (ECB) monetary policy to deposit rates in Bosnia and Herzegovina (B&H). We use aggregate and bank-level data to study interest rate pass-through by bank size and ownership for the period 2012-2023. In extensions, we also study...
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The presence of a Currency Board (CB) monetary system in Bulgaria is a key factor in assessing monetary policy …, together with the analysis of the behavior of real variables, shed a new perspective on the CB functioning of Bulgaria. …
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The presence of a Currency Board (CB) monetary system in Bulgaria is a key factor in assessing monetary policy …
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Nearly twenty years have passed since the beginning of the transition from the planned economy to the market economy system in Estonia. A successful transition to a market economy requires a sound currency and Estonia introduced its own currency in June 1992. Estonia has been quite successful in...
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