Ca' Zorzi, Michele; Dedola, Luca; Georgiadis, Georgios; … - 2020
System monetary policy in a unified and methodologically consistent framework. It identifies pure monetary policy shocks by … hierarchy in the global spillovers from ECB and Federal Reserve monetary policy: while the spillovers to consumer prices are … relatively small in both directions, Federal Reserve monetary policy shocks have a larger impact on euro area financial markets …