Monetary Policy Transmission in the Euro Area: References

By Ignazio Angeloni, Anil K. Kashyap, Benoît Mojon. 2003

110 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Finance

View Paper: https://www.semanticscholar.org/paper/6e04b5c52c55c921982532d6d19eb1b3e1d58868

Citations in the corpus

• Monetary transmission in the euro area: early evidence (2003, unknown): “More specifically – see Angeloni et al. (2003a) – the IRC is the mechanism that operates in the absence of capital market imperfections, i.e. only through the intertemporal reallocation of expenditures that follows a change in expected real interest rates (which are the prices of such reallocation).”
• Anchoring Countercyclical Capital Buffers: The Role of Credit Aggregates (2011, unknown): “7 For a discussion in the euro-area context, see Angelini, Kashyap, and Mojon (2003).”
• Effectiveness and Transmission of the ECB's Balance Sheet Policies (2014, unknown): “…is also made in most VAR-studies on the effects of conventional monetary policy shocks (e.g. Bernanke and Blinder 1992; Christiano et al. 1999; Peersman and Smets 2003), is plausible for monthly estimations, and allows to disentangle monetary policy shocks from real economy disturbances such…”
• Trusting the Bankers: A New Look at the Credit Channel of Monetary Policy (2015, unknown): “For the identification of monetary policy shocks, we follow Bernanke and Gertler (1995), Christiano, Eichenbaum and Evans (1999), Angeloni et al. (2003), and Lown and Morgan (2006) and use the overnight rate as the monetary policy instrument.”
• The Bank Lending Channel: Lessons from the Crisis (2011, unknown): “6 See Van Hoose (2007) for a review.”
• Banks’ procyclical behavior: Does provisioning matter? (2008, unknown): “This hypothesis is empirically supported by Kashyap and Stein (1995, 2000) for American banks and by Ehrmann et al. (2003) for European banks.”
• The ECB’s Non-Standard Monetary Policy Measures: The Role of Institutional Factors and Financial Structure (2012, unknown): “See Angeloni et al. (2003) for a set of studies on the subject. The financial crisis has led to the emergence of a new stream of research on transmission in presence of systemic risk. For instance, Moutot (2011) proposed a model which combines heterogeneity and financial frictions to measure their i”
• Macroeconomic Effects of Unconventional Monetary Policy in the Euro Area (2011, unknown): “More 1For instance Bernanke and Blinder (1992) and Christiano, Eichenbaum and Evans (1999) for the United States or Peersman and Smets (2003) for the Euro area 2A number of studies have examined the e ects of a set of liquidity measures on money market interest rate spreads in the aftermath of the…”
• The bank lending channel in Turkey: has it changed after the low-inflation regime? (2012, unknown): “…on the conduct of monetary policy and also get rid of price puzzle in the VAR model, we also employ the following vector of exogenous variables (Peersman and Smets, 2003): X0t ¼ lpetrit ffrt lindust lnert½ ð2Þ where lpetrit is the log of oil average oil prices, ffrt the US federal funds rate,…”