Heterogeneous transmission mechanism: Monetary policy and financial fragility in the Euro area

Matteo Ciccarelli (ECB)
Angela Maddaloni (ECB)
José-Luis Peydró (Universitat Pompeu Fabra)

Trends in European real exchange rates

Martin Berka (Victoria University of Wellington)
Michael B Devereux (University of British Columbia)

Bank Lending and Monetary Transmission in the Euro-area

Roberto A De Santis (ECB)
Paolo Surico (London Business School)

Bank ratings: What determines their quality?

Harald Hau (University of Geneva)
Sam Langfield (European Systemic Risk Board Secretariat)
David Marques-Ibanez (ECB)

Too Big To Fail Or To Save? Evidence from the CDS Market

Andreas Barth (Johannes Gutenberg University Mainz)
Isabel Schnabel (Johannes Gutenberg University Mainz)

Fiscal Union in Europe? Redistributive and Stabilising Effects of a European Tax‐Benefit System and Fiscal Equalisation Mechanism

Olivier Bargain (Aix‐Marseille School of Economics)
Mathias Dolls (University of Cologne
Clemens Fuest (University of Oxford)
Dirk Neumann (University of Cologne
Andreas Peichl (University of Cologne)
Nico Pestel (University of Cologne)
Sebastian Siegloch (University of Cologne)

Do Institutions and Culture Matter for Business Cycles?

Sumru Altug (Koc University)
Fabio Canova (European University Institute}