Profitability and Balance Sheet Repair of Italian
Banks IMF (2016-08-23)
The profitability of Italian banks
depends, among other factors, on the strength of the ongoing economic recovery,
the stance of monetary policy, and the beneficial effects of current and past
reforms, notably to address structura .. more |
Are euro-area corporate bond markets irrelevant? The effect of bond
market access on investment FRB (2016-08-23)
We compare how bond
market access affects firms' investment decisions in the United States and the
euro area. Having a bond rating enables US corporations to invest more and
undertake more acquisitions. In contrast, in the euro ar .. more |
The effects of a central bank's inflation forecasts on private sector
forecasts: Recent evidence from Japan Bank of Japan
(2016-08-23)
How central banks can best communicate to the market is an
increasingly important topic in the central banking literature. With ever
greater frequency, central banks communicate to the market through the forecasts
of prices and ou .. more | |