Coricelli, Fabrizio; Égert, Balázs; MacDonald, Ronald - 2006
euro area. We highlight potential pitfalls in the literature and assess the relative importance, and potential development … Banks (ESCB).
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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 …