Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area

60 Pages Posted: 8 Jun 2016

See all articles by Michael Ehrmann

Michael Ehrmann

European Central Bank (ECB); Bank of Canada

Leonardo Gambacorta

Bank for International Settlements (BIS); Centre for Economic Policy Research (CEPR)

Jorge Martínez-Pagés

Banco de España

Patrick Sevestre

Aix-Marseille University

Andreas Worms

Deutsche Bundesbank, Economics Department

Multiple version iconThere are 3 versions of this paper

Date Written: 2001

Abstract

This paper offers a comprehensive comparison of the structure of banking and

Dieses Papier bietet einen umfassenden Vergleich zwischen den Strukturen der

Keywords: monetary policy transmission, financial structure, bank lending

JEL Classification: E44, C23, G21, E52

Suggested Citation

Ehrmann, Michael and Gambacorta, Leonardo and Martínez Pagés, Jorge and Sevestre, Patrick and Worms, Andreas, Financial Systems and the Role of Banks in Monetary Policy Transmission in the Euro Area (2001). Bundesbank Series 1 Discussion Paper No. 2001,18, Available at SSRN: https://ssrn.com/abstract=2785134

Michael Ehrmann

European Central Bank (ECB) ( email )

Sonnemannstrasse 22
Frankfurt am Main, 60314
Germany
+49 69 1344/7327 (Phone)
+49 69 1344/6000 (Fax)

Bank of Canada ( email )

234 Wellington Street
Ontario, Ottawa K1A 0G9
Canada

Leonardo Gambacorta

Bank for International Settlements (BIS) ( email )

Centralbahnplatz 2
Basel, Basel-Stadt 4002
Switzerland

Centre for Economic Policy Research (CEPR)

London
United Kingdom

Jorge Martínez Pagés

Banco de España ( email )

Madrid 28014
Spain

Patrick Sevestre (Contact Author)

Aix-Marseille University ( email )

3 Avenue Robert Schuman
3 Avenue Robert Schuman,
Aix-en-Provence, 13628
France

Andreas Worms

Deutsche Bundesbank, Economics Department ( email )

Wilhelm-Epstein-Strasse 14
60431 Frankfurt am Main
Germany

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