Showing 1 - 10 of 2,010
assesses the effect of the NIRP on the net interest rate margins of the euro area banks using quarterly consolidated bank level … policy rates. The econometric results confirm the effect of the interest rate level on bank profitability and, in some … specifications, also suggest an additional negative effect on bank profitability in the period of negative euro area short …
Persistent link: https://www.econbiz.de/10012111120
Structural policies in the euro area are of great interest for the Eurosystem, particularly as they can support the smooth functioning of the Economic and Monetary Union (EMU) and the effectiveness of monetary policy. This paper adopts a broad definition of structural policies, analysing not...
Persistent link: https://www.econbiz.de/10011865839
Persistent link: https://www.econbiz.de/10011627085
Persistent link: https://www.econbiz.de/10001467253