969 resultados para balance sheet test


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We estimate the effects of exogenous innovations to the balance sheet of the ECB since the start of the financial crisis within a structural VAR framework. An expansionary balance sheet shock stimulates bank lending, stabilizes financial markets, and has a positive impact on economic activity and prices. The effects on bank lending and output turn out to be smaller in the member countries that have been more affected by the financial crisis, in particular those countries where the banking system is less well-capitalized.

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Description based on: Dec., 83; title from caption.

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Description based on: For the year ending 31st Dec. 1925.

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Mode of access: Internet.

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Description based on: Vol. 4, no. 1 (Sept. 1922); title from cover.

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Title from cover.

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Cover title.

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Cover title.