Abbassi, Puriya; Bräuning, Falk; Schulze, Niels - 2017
euro interbank market. We examine the implications of these findings for the transmission of euro-area monetary policy. … bilateral Nash bargaining model and test the model predictions with detailed transaction-level data from the euro-area interbank … market. We find that lender banks with greater bargaining power over their borrowers charge higher interest rates, while the …