policy across euro area regions. By exploiting a novel regional dataset on housing-related variables, a structural panel VAR … analysis shows that monetary policy propagates effectively to economic activity and house prices, albeit in a heterogeneous … fashion across regions. Although the housing channel plays a minor role in the transmission of monetary policy to the economy …

transmission effectiveness of ECB's large-scale asset purchasing programs programs (i.e. APP and PEPP) in the Euro area. Our … findings show: first, balance sheet composition of banks is an important determinant of monetary policy transmission. We tested …

In the euro area, monetary policy is conducted by a single central bank for 19 member countries. However, countries are … network to assess whether the European Central Bank (ECB) conducted monetary policy between 2002 and 2022 according to the …

transmission effectiveness of ECB’s large-scale asset purchasing programs programs (i.e. APP and PEPP) in the Euro area. Our … findings show: first, balance sheet composition of banks is an important determinant of monetary policy transmission. We tested …

In the euro area, monetary policy is conducted by a single central bank for 19 member countries. However, countries are … network to assess whether the European Central Bank (ECB) conducted monetary policy between 2002 and 2022 according to the …

We investigate the factors driving current account and monetary policy developments in the euro area. We estimate an … provide evidence for spillovers to the euro area from US preference shocks and US interest rate policy shocks. …

The ECB’s low interest rate policy has contributed to a sharp increase in residential property prices in many euro area …’s Harmonized Index of Consumer Prices (HICP), the ECB’s basis for its monetary policy, does not take residential property prices …

Monetary policy has heterogeneous effects across euro area countries. There are strong correlations between cross …-country monetary policy potency and housing and mortgage market institutions, namely the share of adjustable-rate mortgages and the …-union New Keynesian model with rich household balance sheets. I calibrate the model to Spain and the euro area and show that the …