Narrow search
Showing 1 - 10 of 716,903
Cover Image
Changing patterns of risk-sharing channels in the United States and the euro area
Cimadomo, Jacopo; Giuliodori, Massimo; Lengyel, Andras; … - 2023
In this paper, we assess how risk-sharing channels have evolved over time in the United States and the Euro Area, and whether they have operated as "complements" or "substitutes". In particular, we focus on the capital channel (income from cross-border ownership of productive assets), the credit...
Persistent link: https://www.econbiz.de/10014477677
Cover Image
Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area
Ehrmann, Michael - 2010
This paper offers a comprehensive comparison of the structure of banking and financial markets in the euro area. Based …
Persistent link: https://www.econbiz.de/10013134951
Cover Image
Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area
Ehrmann, Michael - 2016
This paper offers a comprehensive comparison of the structure of banking andDieses Papier bietet einen umfassenden … Vergleich zwischen den Strukturen der …
Persistent link: https://www.econbiz.de/10012991292
Cover Image
Financial systems and the role of banks in monetary policy transmission in the euro area
Ehrmann, Michael (contributor) - 2001
This paper offers a comprehensive comparison of the structure of banking and financial markets in the euro area. Based …
Persistent link: https://www.econbiz.de/10001643064
Cover Image
Financial systems and the role of banks in monetary policy transmission in the euro area
Ehrmann, Michael; Gambacorta, Leonardo; Martínez … - 2001
This paper offers a comprehensive comparison of the structure of banking and financial markets in the euro area. Based …Dieses Papier bietet einen umfassenden Vergleich zwischen den Strukturen der Banksysteme und Finanzmärkte im Eurogebiet … für die USA diesbezüglich vermuteten Gegebenheiten gelten wahrscheinlich nicht für Europa. Die ökonometrische Analyse …
Persistent link: https://www.econbiz.de/10011419463
Cover Image
Information Effects of Euro Area Monetary Policy : New Evidence from High-Frequency Futures Data
Kerssenfischer, Mark - 2019
Central bank announcements move financial markets. The response of inflation and growth expectations, on the other hand, is often small or even counterintuitive. Based on tick-by-tick futures prices on bonds and stock prices, I confirm these seemingly puzzling results for the euro area and...
Persistent link: https://www.econbiz.de/10012889016
Cover Image
Monetary Policy Transmission Over the Leverage Cycle : Evidence for the Euro Area
Rünstler, Gerhard - 2020
We study state dependence in the impact of monetary policy shocks over the leverage cycle for a panel of 10 euro area countries. We use a Bayesian Threshold Panel SVAR with regime classifications based on credit and house prices cycles. We find that monetary policy shocks trigger a smaller...
Persistent link: https://www.econbiz.de/10012831247
Cover Image
Monetary policy transmission over the leverage cycle : evidence for the euro area
Bräuer, Leonie; Rünstler, Gerhard - 2020
We study state dependence in the impact of monetary policy shocks over the leverage cycle for a panel of 10 euro area countries. We use a Bayesian Threshold Panel SVAR with regime classifications based on credit and house prices cycles. We find that monetary policy shocks trigger a smaller...
Persistent link: https://www.econbiz.de/10012241107
Cover Image
Information Effects of Euro Area Monetary Policy : new evidence from high-frequency futures data
Kerssenfischer, Mark - 2019
Central bank announcements have strong effects on interest rates, but small or even counterintuitive effects on economic expectations. Based on tick-by-tick futures prices on bonds and stock prices, I confirm these seemingly puzzling results for the euro area and provide evidence that they are...
Persistent link: https://www.econbiz.de/10012265893
Cover Image
Information effects of euro area monetary policy : new evidence from high-frequency futures data
Kerssenfischer, Mark - 2019
Central bank announcements move financial markets. The response of inflation and growth expectations, on the other hand, is often small or even counterintuitive. Based on tick-by-tick futures prices on bonds and stock prices, I confirm these seemingly puzzling results for the euro area and...
Persistent link: https://www.econbiz.de/10011972952