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...
Gespeichert in:
Udgivet i: | MAGKS - Joint Discussion Paper Series in Economics (Band 41-2017) |
---|---|
Hovedforfatter: | |
Format: | Artikel |
Sprog: | engelsk |
Udgivet: |
Philipps-Universität Marburg
2017
|
Fag: | |
Online adgang: | PDF-Volltext |
Tags: |
Tilføj Tag
Ingen Tags, Vær først til at tagge denne postø!
|
MAGKS - Joint Discussion Paper Series in Economics