Browsing BI Open by Author "Ciccarelli, Matteo"

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Mending the broken link: heterogeneous bank lending and monetary policy pass-through

Altavilla, Carlo; Canova, Fabio; Ciccarelli, Matteo (CAMP Working Paper Series;9/2016, Working paper, 2016)

We analyze the pass-through of monetary policy measures to lending rates to fi rms and households in the euro area using a novel bank-level dataset. Banks characteristics such as the capital ratio, the exposure to sovereign ...
Mending the broken link: Heterogeneous bank lending rates and monetary policy pass-through

Altavilla, Carlo; Canova, Fabio; Ciccarelli, Matteo (Journal article; Peer reviewed, 2019)

We analyse the pass-through of monetary policy measures to lending rates to households and firms in the euro area using novel bank-level datasets. Banks’ characteristics such as the capital ratio, exposure to domestic ...