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Convergence of Monetary Transmission in Emu New Evidence
de Haan, Jakob; Toolsema, Linda A.; Sturm, Jan-Egbert - 2021
whether there is convergence in monetary transmission. The countries included are: Belgium, France, Germany, Italy, the …
Persistent link: https://www.econbiz.de/10013320959
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Monetary policy and the redistribution channel in the euro area
Pekanov, Atanas - 2024
Monetary policy has implicit redistribution effects for households when households are different. This changes the aggregate consumption response to interest rate changes. This paper is the first to estimate the magnitude of redistributionary channels of monetary policy in the euro area. When...
Persistent link: https://www.econbiz.de/10014545241
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International Spillovers of Monetary Policy : Evidence from France and Italy
Schmidt, Julia - 2018
banks operating in Italy and France over the period 2000-2015, exploring the existence of an international bank lending …
Persistent link: https://www.econbiz.de/10012913042
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Changing Monetary Transmission Mechanisms within the EU
Juselius, Katarina - 1998
, Denmark, and Italy based on the cointegrated VAR model. It provides empirical results on the macroeconomic effects of joining …
Persistent link: https://www.econbiz.de/10014215606
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Monetary Policy Shocks and Transmission in Italy : A VAR Analysis
De Arcangelis, Giuseppe; Di Giorgio, Giorgio - 2000
This paper provides updated empirical evidence about the real and nominal effects of monetary policy in Italy, by using … exogenous shocks. We argue that the data support the view that the Bank of Italy, at least in the recent past, has been …
Persistent link: https://www.econbiz.de/10014159121
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Asymmetric Effects of Monetary Policy on Firms
Kurt, Ezgi - 2022
This paper documents firm-level evidence on the asymmetric effects of monetary policy in the US. Focusing on firm-level data from 1980q3 to 2016q2, I find that monetary contractions triple the effects of monetary expansions on firms’ employment, investment rate, and sales. Furthermore, I...
Persistent link: https://www.econbiz.de/10014236795
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In Search of Monetary Policy Measures : The Case of Italy in the 90s
De Arcangelis, Giuseppe; Di Giorgio, Giorgio - 2001
In this paper we present a structural VAR analysis of monetary policy in Italy. A monetary policy operating regime …
Persistent link: https://www.econbiz.de/10014127655
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Monetary Policy Regime Shifts : New Evidence from Time-Varying Interest-Rate Rules
Trecroci, Carmine; Vassalli, Matilde - 2008
of policymakers choices. We find that monetary policies followed by the US, the UK, Germany, France and Italy are best …
Persistent link: https://www.econbiz.de/10014059784
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Does Trade Credit Redistribution Thwart Monetary Policy? Evidence from Italy
Marotta, Giuseppe - 1998
Italy is an ideal candidate for testing the credit view of the transmission mechanism because of a bank …
Persistent link: https://www.econbiz.de/10014070899
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Asymmetric Monetary Policy Effects in Emu
Hayo, Bernd; Clausen, Volker - 2002
simultaneously estimated for France, Germany, and Italy. Extensive cross equation tests show that relatively large differences in … major EMU countries. However, monetary policy impulses show a relatively stronger effect on the output gap in Italy and …
Persistent link: https://www.econbiz.de/10014119287