The purpose of our paper is to evaluate the effectiveness of monetary policy transmission mechanism in Romania, via interest rate channel. Using a Vector Error Correction Model and impulse response analysis, we study the impact of a positive monetary policy shock via short term interest rate on...

This paper investigates the major determinants of bank performance in the European sector, taking into consideration the most important financial groups from this region. To account for performance, we have applied two fixed-effects regression models to a panel of European banks that covers the...

The purpose of this paper is to analyze the impact of mergers and acquisitions on the performance of the two categories of banks involved in this operation: the bidder bank and the target bank. Our analysis is performed on the case of M&A operations performed during 2001-2009 across Central and...