Monetary Policy Transmission in the Euro Area

A Study by the Eurosystem Monetary Transmission Network
Herausgeber: Angeloni, Ignazio; Mojon, Beno T.; Kashyap, Anil K.

• Broschiertes Buch

Produktbeschreibung

A systematic analysis of the impact of European Central Bank monetary policy on Eurozone national economies, first published in 2003.

Produktdetails

• Verlag: Cambridge University Press
• Seitenzahl: 514
• Erscheinungstermin: 8. September 2011
• Englisch
• Abmessung: 229mm x 152mm x 30mm
• Gewicht: 826g
• ISBN-13: 9781107403802
• ISBN-10: 1107403804
• Artikelnr.: 35063927

Inhaltsangabe

Preface; Introduction; Part I. Macroeconometric Evidence on the
Transmission Mechanism in the Euro Area: 1. Some stylised facts on the Euro
area business cycle A.-M. Agresti and B. Mojon; 2. The monetary
transmission mechanism in the Euro area: more evidence from VAR analysis G.
Peersman and F. Smets; 3. A VAR description of the effects of monetary
policy in the individual countries of the Euro area B. Mojon and G.
Peersman; 4. Analysing monetary policy transmission mechanism at the Euro
area level: using structural macroeconomic models P. McAdam and J. Morgan;
5. The effects of monetary policy in the Euro area: evidence from
structural macroeconomic models P. van Els, A. Locarno, J. Morgan and J.-P.
Villetelle; 6. Financial frictions and the monetary transmission mechanism:
theory, evidence and policy implications C. Bean, J. Larsen and K. Nikolov;
Part II. Firm Investment and Monetary Policy: Evidence from Micro-Economic
Data: 7. Firm investment and monetary policy transmission in the Euro area
J. B. Chatelain, A. Generale, I. Hernando, P. Vermeulen and U. von
Kalckreuth; 8. Business investment and monetary transmission in Belgium P.
Butzen, C. Fuss and P. Vermeulen; 9. Investment and monetary transmission
in Germany: a microeconometric investigation U. von Kalckreuth; 10.
Monetary policy and corporate investment in France J.B. Chatelain and A.
Tiomo; 11. Monetary policy and firms' investment in Italy E. Gaiotti and A.
Generale; 12. Monetary transmission: empirical evidence from Luxembourg
firm-level P. Lunneman and T. Matha; 13. The role of trade credit and bank
lending relationships in the transmission mechanism in Austria M.
Valderrama; Part III. The Role of Banks in the Transmission: Evidence from
Micro-Economic Data: 14. Financial systems and the role of banks in
monetary policy transmission in the Euro area M. Ehrmann, L. Gambacorta, J.
Martinez-Pagés, P. Sevestre and A. Worms; 15. The reaction of bank lending
to monetary policy measures in Germany A. Worms; 16. Is there a bank
lending channel of monetary policy in Spain? I. Hernando and J.
Martinez-Pagés; 17. Is there a bank lending channel in France? Evidence
from bank panel data C. Loupias, F. Savignac and P. Sevestre; 18. Is there
a bank lending channel of monetary policy in Greece? Evidence from bank
level data S. Brissimis, N. Kamberoglou and G. Simigiannis; 19. The Italian
banking system and a monetary policy transmission: evidence from bank level
data L. Gambacorta; 20. The impact of monetary policy on bank lending in
the Netherlands L. De Haan; 21. The cross-sectional and the time dimension
of the bank lending channel: The Austrian case S. Kaufmann; 22. The bank
lending channel of monetary policy: identification and estimation using
Portuguese micro bank data L. Farinha and C. Robalo Marques; 23.
Transmission of monetary policy shocks in Finland: evidence from bank level
data on loans J. Topi and J. Vilmunen; Part IV. Monetary Policy in the Euro
Area: Summary and Discussion of the Main Findings: 24. Monetary policy
transmission in the Euro area: where do we stand? I. Angeloni, A. Kashyap,
B. Mojon and D. Terlizzese; 25. Discussion B. Bernanke, X Freixas, V.
Gaspar and J. von Hagen; Appendix: 26. Economic and financial structure in
the euro area A-M. Agresti and J. Claessens; References.