The Connection between Wall Street and Main Street: Measurement and Implications for Monetary Policy

Maëva L'héronde, Muriel Bouttemy, Florence Mercier-Bion, Delphine Neff, Arnaud Etcheberry, Philippe Dillmann.. To cite

All estimates include bank-specific controls (i.e. liquid assets to total assets, equity to total assets, customer deposits to total assets, is the natural logarithm of

Although the performance of money growth targeting deteriorates relative to the optimal commitment policy with increased cost-push persistence ( ρ ε = 0 .7), it improves relative to

The primary outcome was the success rate of the block, which was defined as painless surgery [visual analogue pain scale (VAS),3] after ultrasound-guided spermatic cord block

Elasticity of substitution between domestic and foreign goods () As stated above, the necessary condition for the real exchange rate to depreciate in response to an

In addition, we examine the different impacts of monetary policy on bank credit risk and profitability depend- ing on banks’ commitment to relationship lending ( Agarwal et al. , 2018

We show that fiscal policy via food subsidy complements the RBI with regard to price stability: absent food subsidies, assuming the same monetary policy reaction function based on

The flexibility of the central bank is limited in this case by the trade-off between stabilizing inflation and credit cycles, questioning the possibility of using an augmented