We aim to determine Eurozone sovereign bond spreads and the ECB's influence through a
generalised model. In a multidimensional structure we regress an extensive set of variables …

Purpose The purpose of the paper is to examine the differences in the impact of financial
stress in advanced and emerging economies. Design/methodology/approach The authors …

Si les dépenses publiques ont donné lieu à des débats nourris sur leurs finalités, leur
efficacité, leur impact sur le solde budgétaire des administrations publiques …

This paper explores the signaling effect of central bank announcements clarifying the
reaction function of policy interventions. We exploit the unique setting provided by ECB …

We examine the dynamic interconnections between sovereign credit and liquidity risks in ten
euro area countries at the 5-year maturity with daily CDS data from IHS Markit and high …

We investigate whether ECB monetary policy influences the retail interest rates in the Euro
Area when the policy rate reaches the effective lower bound. We estimate a panel Error …

Studying monetary authority response to macroeconomic imbalances using the interest rate
as a proxy variable for monetary policy became ineffective after the financial crisis, when …

The greater availability of bank Senior Loan Officer (SLO) surveys in the past decade is
enhancing our understanding of the international bank lending channel of monetary policy …

The aim of this study is to examine the effects of nonstandard monetary policy measures
implemented by the Eurosystem on the Spanish banking sector profitability. To do this, a …

We investigate the financial market effects of central bank asset purchases by exploiting the
unique setting provided by ECB's PSPP and PEPP policies. These programs consist in …