Euro Area monetary policy and financial stress regimes: a threshold var approach

We investigate how the state of financial conditions affects the transmission of monetary policy to the euro area macroeconomy. Our main goal is to analyze the responses of output growth and inflation to monetary policy shocks during periods of low and high financial stress. Results from a Threshold...

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Detalhes bibliográficos
Autor principal: Martins, Daniela Soares (author)
Formato: masterThesis
Idioma:eng
Publicado em: 2020
Assuntos:
Texto completo:http://hdl.handle.net/10362/104267
País:Portugal
Oai:oai:run.unl.pt:10362/104267