Haku
Viitteet 1-2 / 2
Firm turnover in the export market and the case for fixed exchange rate regime
(07.01.2020)
Bank of Finland Research Discussion Papers 1/2020
Bank of Finland Research Discussion Papers 1/2020
This paper revisits the case for exible vs. fixed exchange rate regime in a two-country model with firm heterogeneity and nominal wage rigidity under incomplete financial markets. Dampening nominal exchange rate fluctuations ...
Monetary policy transmission below zero
(27.06.2023)
Bank of Finland Research Discussion Papers 11/2023
Bank of Finland Research Discussion Papers 11/2023
This study considers the pass-through of different ECB monetary policy measures to bank corporate lending rates of different maturities during 2010–2020. We find changes in the pass-through as policy rates first dip below ...