Publicação
The credit channel transmission of monetary policy in the European Union
| dc.contributor.author | Ferreira, Cândida | |
| dc.date.accessioned | 2016-09-19T09:43:13Z | |
| dc.date.available | 2016-09-19T09:43:13Z | |
| dc.date.issued | 2009 | |
| dc.description.abstract | This paper confirms the importance of the financial systems behaviour conditions to the credit channel of monetary policy in the entire European Union (EU). It uses panel fixed- effect estimations and quarterly data for 26 EU countries for the period from Q1 1999 to Q3 2006 in an adaptation of the Bernanke and Blinder (1988) model. The findings also reveal the high degree of foreign dependence and indebtedness of the EU banking institutions and their similar reactions to the macroeconomic and the monetary policy environments. | pt_PT |
| dc.identifier.citation | Ferreira, Cândida. 2009. "The credit channel transmission of monetary policy in the European Union". Instituto Superior de Economia e Gestão - DE Working papers nº 08/2009/DE/UECE | pt_PT |
| dc.identifier.issn | 0874-4548 | |
| dc.identifier.uri | http://hdl.handle.net/10400.5/12126 | |
| dc.language.iso | eng | pt_PT |
| dc.peerreviewed | yes | pt_PT |
| dc.publisher | ISEG : Departamento de Economia | pt_PT |
| dc.relation.ispartofseries | DE/ Working papers nº 08/2009/DE/UECE | |
| dc.subject | European Integration | pt_PT |
| dc.subject | Bank Credit | pt_PT |
| dc.subject | Monetary Policy Transmission | pt_PT |
| dc.subject | Panel Estimates | pt_PT |
| dc.title | The credit channel transmission of monetary policy in the European Union | pt_PT |
| dc.type | working paper | |
| dspace.entity.type | Publication | |
| rcaap.rights | openAccess | pt_PT |
| rcaap.type | workingPaper | pt_PT |