Skip to content
Open global navigation

Cambridge University Press

AcademicLocation selectorSearch toggleMain navigation toggle
Cart
Register Sign in Wishlist
Monetary Policy Transmission in the Euro Area

Monetary Policy Transmission in the Euro Area
A Study by the Eurosystem Monetary Transmission Network

$159.00

A.-M. Agresti, B. Mojon, G. Peersman, F. Smets, P. McAdam, J. Morgan, P. van Els, A. Locarno, J.-P. Villetelle, C. Bean, J. Larsen, K. Nikolov, J. B. Chatelain, A. Generale, P. Vermeulen, U. von Kalckreuth, P. Butzen, C. Fuss, A. Tiomo, E. Gaiotti, A. Generale, P. Lunneman, T. Matha. M.Valderrama, M. Ehrmann, J. Martinez-Pagés, P. Sevestre, A. Worms, C. Loupias, F. Savignac, S. Brissimis, N. Kamberoglou, G. Simigiannis, L. Gambacorta, L. De Haan, S. Kaufmann, L. Farinha, C. Robalo Marques, J. Topi, J. Vilmunen, I. Angeloni, A. Kashyap, D. Terlizzese, B. Bernanke, X. Freixas, V. Gaspar, J. von Hagen, J. Claessens
View all contributors
  • Date Published: January 2004
  • availability: Available
  • format: Hardback
  • isbn: 9780521828642

$159.00
Hardback

Add to cart Add to wishlist

Other available formats:
Paperback, eBook


Looking for an examination copy?

This title is not currently available for examination. However, if you are interested in the title for your course we can consider offering an examination copy. To register your interest please contact collegesales@cambridge.org providing details of the course you are teaching.

Description
Product filter button
Description
Contents
Resources
About the Authors
  • This book offers the most systematic analysis available of the impact of European Central Bank monetary policy on the national economies of the Eurozone. There has been a large increase in research into better understanding how changes in monetary policy affect these economies since Central Banks have become accountable for meeting specific targets in inflation, output and employment. The research to date has largely focused on national central banks, pioneered by the study of the U.S. Federal Reserve Bank and the impacts of its policy decisions on the U.S. economy.

    • Most systematic and authoritative analysis available using unique data sets
    • Comprehensive analysis of impact of European Central Bank on all Eurozone members
    • Authors include senior staff economists at the European Central Bank and top American academic economists
    Read more

    Customer reviews

    Not yet reviewed

    Be the first to review

    Review was not posted due to profanity

    ×

    , create a review

    (If you're not , sign out)

    Please enter the right captcha value
    Please enter a star rating.
    Your review must be a minimum of 12 words.

    How do you rate this item?

    ×

    Product details

    • Date Published: January 2004
    • format: Hardback
    • isbn: 9780521828642
    • length: 516 pages
    • dimensions: 229 x 152 x 33 mm
    • weight: 0.93kg
    • availability: Available
  • Table of Contents

    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.

  • Editors

    Ignazio Angeloni, European Central Bank, Frankfurt

    Anil K. Kashyap, University of Chicago

    Benoît Mojon, European Central Bank, Frankfurt

    Contributors

    A.-M. Agresti, B. Mojon, G. Peersman, F. Smets, P. McAdam, J. Morgan, P. van Els, A. Locarno, J.-P. Villetelle, C. Bean, J. Larsen, K. Nikolov, J. B. Chatelain, A. Generale, P. Vermeulen, U. von Kalckreuth, P. Butzen, C. Fuss, A. Tiomo, E. Gaiotti, A. Generale, P. Lunneman, T. Matha. M.Valderrama, M. Ehrmann, J. Martinez-Pagés, P. Sevestre, A. Worms, C. Loupias, F. Savignac, S. Brissimis, N. Kamberoglou, G. Simigiannis, L. Gambacorta, L. De Haan, S. Kaufmann, L. Farinha, C. Robalo Marques, J. Topi, J. Vilmunen, I. Angeloni, A. Kashyap, D. Terlizzese, B. Bernanke, X. Freixas, V. Gaspar, J. von Hagen, J. Claessens

Sign In

Please sign in to access your account

Cancel

Not already registered? Create an account now. ×

You are now leaving the Cambridge University Press website, your eBook purchase and download will be completed by our partner www.ebooks.com. Please see the permission section of the www.ebooks.com catalogue page for details of the print & copy limits on our eBooks.

Continue ×

Continue ×

Find content that relates to you

© Cambridge University Press 2014

Back to top

Are you sure you want to delete your account?

This cannot be undone.

Cancel Delete

Thank you for your feedback which will help us improve our service.

If you requested a response, we will make sure to get back to you shortly.

×
Please fill in the required fields in your feedback submission.
×