Showing 1 - 10 of 268,192
This paper studies the effects of harmonizing collateral policy in a monetary union. In 2007, the European Central Bank replaced national collateral lists with a single list specifying which assets euro area banks can pledge as collateral. Banks holding newly eligible assets experience a...
Persistent link: https://www.econbiz.de/10013336407
Persistent link: https://www.econbiz.de/10012643664
Persistent link: https://www.econbiz.de/10011799151
Persistent link: https://www.econbiz.de/10012000991
Persistent link: https://www.econbiz.de/10012429128
spillovers. While the existing literature has concentrated primarily on the US dollar, this article focuses on the euro. We find …
Persistent link: https://www.econbiz.de/10012982627
with tighter prudential policies face significantly smaller, and less negative spillovers to bank credit and house prices … limits on large exposures prove effective in mitigating spillovers effects of UK monetary policy. Results indicate that … of spillovers coming from centre countries and within the EU. …
Persistent link: https://www.econbiz.de/10014477716
area as well as in neighboring economies. Spillovers transmit through an exchange rate channel and a broad financial …
Persistent link: https://www.econbiz.de/10012030981
Persistent link: https://www.econbiz.de/10014443848
Persistent link: https://www.econbiz.de/10013433617