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use a large sample of EU banks that span the period from 2007 to 2021 to assess the sensitivity of banks' profits to the …
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This study considers the pass-through of different ECB monetary policy measures to bank corporate lending rates of different maturities during 2010-2020. We find changes in the pass-through as policy rates first dip below zero in 2014 and again when negative interest rates become more persistent...
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