that the ECB's quantitative easing of January 2015 had a larger positive impact on cross-border bank credit in lender …-borrower pairs with a higher share of euro-denominated bank claims. The effect was especially pronounced for lending to advanced …

matched with firm and bank data, and by exploiting foreign monetary policy shocks in a country with a large presence of …

This paper estimates and compares the international transmission of European Central Bank (ECB) and Federal Reserve … purging them of the bias stemming from contemporaneous central bank information effects. The results suggest that there is a … and financial variables in the rest of the world …

This paper estimates and compares the international transmission of European Central Bank (ECB) and Federal Reserve … purging them of the bias stemming from contemporaneous central bank information effects. The results suggest that there is a … and financial variables in the rest of the world. …

banks operating in Italy and France over the period 2000-2015, exploring the existence of an international bank lending …

-regulated, more fragile nonbanks. The bank-to-nonbank shift largely neutralizes total credit and associated consumption effects for …

the possible repercussions of changing the level of official interest rates is the ability to influence the size of bank … lending, by means of the bank lending channel. The key aspect our research is a thorough understanding of the functioning of … the bank lending channel, with the main goal of this study being an examination of the efficiency of monetary policy …