This survey provides an updated review of the empirical literature on the regional effects of
monetary policy in economic activity by means of undertaking a threefold perspective. First …

I analyze spillover effects from a Euro area monetary policy shock to fourteen European
countries outside the Euro area. The analysis is based on a factor-augmented VAR model …

We study the macroeconomic effects of monetary policy during financial crises using a
Bayesian panel vector autoregressive (PVAR) model for 20 advanced economies. We …

We investigate the pass-through of monetary policy to bank lending rates in the euro area
during the sovereign debt crisis, in comparison to the pre-crisis period. We make the …

We study heterogeneity in the transmission of monetary shocks across euro-area (EA)
countries using a dynamic factor model and high-frequency identification. Deploying a novel …

We use a structural Bayesian stochastic search variable selection VAR model to investigate
the heterogeneous effects of housing demand shocks on economic and lending activities …

This paper investigates how monetary policy stance and mortgage market structure affect
non-fundamental house price movements in eleven Euro area countries. Based on a three …

Motivated by the fiscal policy measures taken by euro zone governments during the
2021/2022 energy crisis, we examine their ability to counter inflationary surges resulting …

Inflation in the euro area has been falling since mid-2013, turned negative at the end of
2014 and remained below target thereafter. This paper employs a Bayesian VAR to quantify …

We propose a clustering method for large dimensional data to classify the 365 largest euro
area financial institutions according to their business model. The proposed clustering …