TY  - RPRT
AU  - Echevarría Icaza, Victor
AU  - Sosvilla Rivero, Simón Javier
PY  - 2017
SN  - 2530-0849
UR  - https://hdl.handle.net/20.500.14352/22889
AB  - The divergence in sovereign yields has been presented as a reason for the lack of traction of monetary policy. We use a GVAR framework to assess the transmission of monetary policy in the period 2005-2016. We identify sovereign yield divergence as a...
LA  - eng
A3  - Instituto Complutense de Estudios Internacionales (ICEI)
KW  - Monetary policy
KW  - Spillovers
KW  - Euro area crisis
TI  - Yields on sovereign debt, fragmentation and monetary policy transmission in the euro area: A GVAR approach
TY  - technical report
VL  - 2017
ER  -