Volume 17, Issue 3

Unconventional Monetary Policy Shocks in the Euro Area and the Sovereign-Bank Nexus

Nikolay Hristov, Oliver Hülsewig and Johann Scharler

Rethinking Capital Regulation: The Case for a Dividend Prudential Target

Manuel A. Muñoz

Household Wealth and Resilience to Financial Shocks in Italy

Daniel Garcia-Macia

The Effect of the Single Currency on Exports: Comparative Firm-Level Evidence

Tibor Lalinsky and Jaanika Meriküll

The Determinants of European Banks' Capital Structure: Is There a Difference between Public and Private Banks?

Vitor Oliveira and Clara Raposo

Fiscal Transfers without Moral Hazard?

Roel Beetsma, Simone Cima and Jacopo Cimadomo

Monetary Policy Credibility and Exchange Rate Pass-Through

Yan Carrière-Swallow, Bertrand Gruss, Nicolas E. Magud and Fabián Valencia

Inflation News and Euro-Area Inflation Expectations

Juan Angel García and Sebastian E. V. Werner