Coricelli, Fabrizio (contributor); … - 2006
Banks (ESCB).
1
1 Introduction
Given its potential to affect the real economy, monetary policy has been subject to intense …-called �hausbank.�
Finally, macroeconomic conditions may also affect the pass-through. During periods of rapid
economic growth, i …) prices, (2) trade volumes and (3)
investment.
4.1 Monetary Policy Actions and the Exchange Rate
4.1.1 Short-Term Interest …