Unconventional Monetary Policy in a Financially Heterogeneous Monetary union

Unconventional Monetary Policy in a Financially Heterogeneous Monetary union

The cross-country interbank market in the euro area was a crucial transmission channel of financial stress. By using a two-country DSGE model of a financially heterogeneous monetary union where banks in one country lend funds to their foreign counterparts, I examine its role as shock amplifer and th...

Full beskrivning

Sparad:
Bibliografiska uppgifter
I publikationen:MAGKS - Joint Discussion Paper Series in Economics (Band 41-2017)
Huvudupphovsman: Schwanebeck, Benjamin
Materialtyp: Artikel
Språk:engelska
Publicerad: Philipps-Universität Marburg 2017
Ämnen:
unconventional policy;
financial intermediation
financial frictions
Wirtschaft
interbank market; monetary union
Economics
Länkar:PDF-fulltext
Taggar: Lägg till en tagg
Inga taggar, Lägg till första taggen!
No abstracts were found for this record.

Liknande verk