Modern central banks use short-term (overnight) interest rates as a policy instrument. However, little attention has been paid in the optimal monetary policy literature to the correlation between the policy rate and the retail interest rates that are directly related to the decision-making of firms and households. Recently, a lot of empirical studies report that the pass-through from money market rates to retail lending rates is far from complete in some industrialized countries, especially the Euro area. This paper provides a brief survey of recent studies on incomplete interest rate pass-through and a perspective on future research
This study aims at unifying the empirical research on interest-rate pass-through in the euro zone. A...
In this paper we analyze equilibrium determinacy in a sticky price model in which the pass-through f...
This paper investigates the behavior of agents in the United States money and Fed funds markets for ...
Modern central banks use short-term (overnight) interest rates as a policy instrument. However, litt...
We examine the interest rate transmission mechanism for the Eurozone and the USA and discuss this is...
This paper investigates the interest rate pass-through in the euro-zone’s retail banking markets by ...
This paper employs a New Keynesian DSGE model to explore the role of banks within the cost channel o...
This paper is based on a chapter of the first author's PhD thesis. It benefited from enriching comme...
We investigate whether monetary policy influences the retail interest rates in the Euro Areawhen the...
This paper investigates whether size and speed of the pass-through of market rates into short term b...
This paper investigates whether size and speed of the pass-through of market rates into shortterm bu...
This paper reassesses the existing asymmetries and rigidities in the interest rate pass-through tran...
This study aims at unifying the empirical research on the financial part of the monetary transmissio...
This paper investigates the pass-through mechanism of monetary policy through money market funds and...
This thesis empirically investigates the interest rate pass-through from the EONIA to retail bank ra...
This study aims at unifying the empirical research on interest-rate pass-through in the euro zone. A...
In this paper we analyze equilibrium determinacy in a sticky price model in which the pass-through f...
This paper investigates the behavior of agents in the United States money and Fed funds markets for ...
Modern central banks use short-term (overnight) interest rates as a policy instrument. However, litt...
We examine the interest rate transmission mechanism for the Eurozone and the USA and discuss this is...
This paper investigates the interest rate pass-through in the euro-zone’s retail banking markets by ...
This paper employs a New Keynesian DSGE model to explore the role of banks within the cost channel o...
This paper is based on a chapter of the first author's PhD thesis. It benefited from enriching comme...
We investigate whether monetary policy influences the retail interest rates in the Euro Areawhen the...
This paper investigates whether size and speed of the pass-through of market rates into short term b...
This paper investigates whether size and speed of the pass-through of market rates into shortterm bu...
This paper reassesses the existing asymmetries and rigidities in the interest rate pass-through tran...
This study aims at unifying the empirical research on the financial part of the monetary transmissio...
This paper investigates the pass-through mechanism of monetary policy through money market funds and...
This thesis empirically investigates the interest rate pass-through from the EONIA to retail bank ra...
This study aims at unifying the empirical research on interest-rate pass-through in the euro zone. A...
In this paper we analyze equilibrium determinacy in a sticky price model in which the pass-through f...
This paper investigates the behavior of agents in the United States money and Fed funds markets for ...