Narrow search
Showing 1 - 10 of 450,910
Cover Image
Interest Rate Reaction Functions for the Euro Area Evidence from Panel Data Analysis
Ruth, Karsten - 2016
Persistent link: https://www.econbiz.de/10012991354
Cover Image
Exchange rate modeling under unconventional monetary policy on a European panel sample
Kiss, Gábor Dávid; Mészáros, Mercédesz - In: European financial and accounting journal : EFAJ 14 (2019) 3, pp. 5-24
unconventional instruments has an impact on the changes in foreign exchange rates. By running dynamic panel regressions, we analysed …
Persistent link: https://www.econbiz.de/10012202003
Cover Image
Interest rate reaction functions for the euro area Evidence from panel data analysis
Ruth, Karsten - Deutsche Bundesbank - 2004
interest rate reaction functions based on a panel including actual EMU Member States. We find that exploiting the cross …-section dimen- sion of a multi-country panel and accounting for cross-country heterogeneity in advance of the single monetary policy … panel reaction function which is demonstrated to be a valuable tool for evaluating episodes of monetary policy since 1999. …
Persistent link: https://www.econbiz.de/10005083306
Cover Image
The interest rate pass-through in the Euro area during the global financial crisis : conference paper
Hristov, Nikolay; Hülsewig, Oliver; Wollmershäuser, Timo - 2013
This paper uses panel vector autoregressive models and simulations of an estimated DSGE model to explore the reaction …
Persistent link: https://www.econbiz.de/10010338974
Cover Image
Spillover effects of unconventional monetary policy on capital markets in the shadow of the Eurozone: a sample of non-Eurozone countries
Mészáros, Mercédesz; Kiss, Gábor Dávid - In: Národohospodářský obzor : časopis věnovaný … 20 (2020) 2, pp. 171-195
with random effect panel regression models to identify the differences in the impact of spillover effects on capital market …
Persistent link: https://www.econbiz.de/10012242342
Cover Image
Forecasting ECB policy rates with different monetary policy rules
Belke, Ansgar; Klose, Jens - 2019
This article compares two types of monetary policy rules - the Taylor-Rule and the Orphanides-Rule - with respect to their forecasting properties for the policy rates of the European Central Bank. In this respect the basic rules, results from estimated models and augmented rules are compared....
Persistent link: https://www.econbiz.de/10012063951
Cover Image
Forecasting ECB policy rates with different monetary policy rules
Belke, Ansgar; Klose, Jens - 2019
This article compares two types of monetary policy rules - the Taylor-Rule and the Orphanides-Rule - with respect to their forecasting properties for the policy rates of the European Central Bank. In this respect the basic rules, results from estimated models and augmented rules are compared....
Persistent link: https://www.econbiz.de/10012034314
Cover Image
Asymmetric Adjustment of Commercial Bank Interest Rates in the Euro Area : An Empirical Investigation into Interest Rate Pass-Through
Sander, Harald; Kleimeier, Stefanie - 2001
Our study extends the traditional pass-through literature by incorporating an error correction mechanism that is based on cointegration analyses allowing for structural breaks and symmetric as well as for a variety of asymmetric adjustment mechanisms. While some results of earlier pass-through...
Persistent link: https://www.econbiz.de/10014128699
Cover Image
Asymmetric Adjustment of Commercial Bank Interest Rates in the Euro Area : An Empirical Investigation into Interest Rate Pass-Through
Sander, Harald; Kleimeier, Stefanie - 2001
This paper investigates the monetary transmission mechanism within the Euro area and is providing new evidence on the financial market side of the monetary mechanism in Europe. In particular, we examine the pass-through of money market rates to commercial bank lending rates by allowing for the...
Persistent link: https://www.econbiz.de/10014122856
Cover Image
Quantifying the ECB’s Interest Rate Smoothing Behavior
Pinkwart, Nicolas - 2011
Against the background of the recent discussion whether the smoothing behavior of the Fed detected by empirical Taylor rules is indeed a fact or rather a statistically fiction, this paper re-examines the empirical evidence for interest rate smoothing for the case of the ECB. Based on data...
Persistent link: https://www.econbiz.de/10013131374