Cargando…
Euro Area Monetary Policy in Uncharted Waters.
We analyze the European Central Bank's (ECB's) response to the global financial crisis. Our results suggest that even during the crisis, the core part of ECB's monetary policy transmission-from policy rates to market rates-has continued to operate, but at a decreased efficiency. We al...
| Clasificación: | Libro Electrónico |
|---|---|
| Autor principal: | |
| Otros Autores: | , |
| Formato: | Electrónico eBook |
| Idioma: | Inglés |
| Publicado: |
Washington :
International Monetary Fund,
2009.
|
| Colección: | IMF Working Papers.
|
| Temas: | |
| Acceso en línea: | Texto completo |
MARC
| LEADER | 00000cam a2200000Mu 4500 | ||
|---|---|---|---|
| 001 | EBOOKCENTRAL_ocn870245463 | ||
| 003 | OCoLC | ||
| 005 | 20240329122006.0 | ||
| 006 | m o d | ||
| 007 | cr |n||||||||| | ||
| 008 | 140208s2009 dcu o 000 0 eng d | ||
| 040 | |a EBLCP |b eng |e pn |c EBLCP |d OCLCQ |d YDXCP |d OCLCQ |d COCUF |d OCLCO |d OCLCF |d ZCU |d MERUC |d OCLCQ |d OCLCO |d U3W |d OCLCA |d CEF |d ICG |d VTS |d OCLCQ |d OCLCO |d OCLCQ |d OCLCO |d WYU |d DKC |d AU@ |d OCLCQ |d OCLCO |d OCLCQ |d OCL |d OCLCQ |d OCL |d NRAMU |d CRU |d U3G |d OCLCO |d OCLCQ |d OCLCO |d OCLCL | ||
| 019 | |a 1045537322 | ||
| 020 | |a 9781452752082 | ||
| 020 | |a 1452752087 | ||
| 029 | 1 | |a DEBBG |b BV044178615 | |
| 035 | |a (OCoLC)870245463 |z (OCoLC)1045537322 | ||
| 043 | |a e------ | ||
| 050 | 4 | |a HG925 .C543 2009 | |
| 082 | 0 | 4 | |a 332.4 |a 332.494 |
| 049 | |a UAMI | ||
| 100 | 1 | |a Stavrev, Emil. | |
| 245 | 1 | 0 | |a Euro Area Monetary Policy in Uncharted Waters. |
| 260 | |a Washington : |b International Monetary Fund, |c 2009. | ||
| 300 | |a 1 online resource (56 pages) | ||
| 336 | |a text |b txt |2 rdacontent | ||
| 337 | |a computer |b c |2 rdamedia | ||
| 338 | |a online resource |b cr |2 rdacarrier | ||
| 490 | 1 | |a IMF Working Papers ; |v v. Working Paper No. 09/185 | |
| 588 | 0 | |a Print version record. | |
| 505 | 0 | |a Cover Page; Title Page; Copyright Page; Contents; I. Introduction; II. ECB's Policy Response to the Crisis; 1. Euro Area: Recent Developments of the ECB's Liquidity Operations; III. Has the Transmission Been Impaired?; 2. Euro Area: Cost of Borrowing by Businesses and Households; A. Transmission Channels; B. Methodology; C. Results; 3. Euro Area: Pass-through of The ECB Policy Rate Changes to Market Rates; 4. Euro Area: The Impact of Crisis on Policy Rate Pass-through; 5. Euro Area: VAR Residuals of Market Rates; 6. Euro Area: Effectiveness of Monetary Policy. | |
| 505 | 8 | |a IV. Monetary Policy and The Return of The Liquidity TrapA. Overview; B. Empirical Assessment; 1. VAR Parameter Estimates; 2. Risk Factor Loadings; 7. Euro Area Macro-Financial Model: Government Bond Yields and Model; V. Conculsions; I. Small Theory-based Model for the Euro Area; References; Footnotes. | |
| 520 | |a We analyze the European Central Bank's (ECB's) response to the global financial crisis. Our results suggest that even during the crisis, the core part of ECB's monetary policy transmission-from policy rates to market rates-has continued to operate, but at a decreased efficiency. We also find some evidence that the ECB's non-standard measures, namely the lengthening of the maturity of monetary policy operations and the provision of funds at the fixed rate, reduced money market term spreads, facilitating the pass-through from policy to market rates. Furthermore, the results imply that the substa. | ||
| 590 | |a ProQuest Ebook Central |b Ebook Central Academic Complete | ||
| 650 | 0 | |a Monetary policy |z European Union countries |x Econometric models. | |
| 650 | 0 | |a Global Financial Crisis, 2008-2009. | |
| 650 | 0 | |a Financial crises |z European Union countries |x Econometric models. | |
| 650 | 0 | |a Banks and banking, Central |z European Union countries |x Econometric models. | |
| 650 | 6 | |a Politique monétaire |z Pays de l'Union européenne |x Modèles économétriques. | |
| 650 | 6 | |a Crise financière mondiale, 2008-2009. | |
| 650 | 6 | |a Banques centrales |z Pays de l'Union européenne |x Modèles économétriques. | |
| 650 | 7 | |a Banks and banking, Central |x Econometric models |2 fast | |
| 650 | 7 | |a Financial crises |x Econometric models |2 fast | |
| 650 | 7 | |a Monetary policy |x Econometric models |2 fast | |
| 651 | 7 | |a European Union countries |2 fast | |
| 647 | 7 | |a Global Financial Crisis |d (2008-2009) |2 fast |1 https://id.oclc.org/worldcat/entity/E39Qhp4vBbr3T8xBMDbJhDhGmm | |
| 648 | 7 | |a 2008-2009 |2 fast | |
| 700 | 1 | |a Harjes, Thomas. | |
| 700 | 1 | |a Cihák, Martin. | |
| 758 | |i has work: |a Euro area monetary policy in uncharted waters (Text) |1 https://id.oclc.org/worldcat/entity/E39PCFvFkJv34CDFmp7k4w7Vwd |4 https://id.oclc.org/worldcat/ontology/hasWork | ||
| 776 | 0 | 8 | |i Print version: |a Stavrev, Emil. |t Euro Area Monetary Policy in Uncharted Waters. |d Washington : International Monetary Fund, ©2009 |z 9781451873320 |
| 830 | 0 | |a IMF Working Papers. | |
| 856 | 4 | 0 | |u https://ebookcentral.uam.elogim.com/lib/uam-ebooks/detail.action?docID=1608808 |z Texto completo |
| 938 | |a ProQuest Ebook Central |b EBLB |n EBL1608808 | ||
| 938 | |a YBP Library Services |b YANK |n 11618220 | ||
| 994 | |a 92 |b IZTAP | ||