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The Transmission Mechanism of Monetary Policy in Europe: Evidence from Banks' Balance Sheets

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NBER1999-07-01 更新2025-01-04 收录
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Available studies on asymmetries in the monetary transmission mechanism within Europe are invariably based on macro-economic evidence: such evidence is abundant but often contradictory. This paper takes a different route by using micro-economic data. We use the information contained in the balance

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1999-07-01
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