Euro Area Growth Risk From Banking Sector Tensions?

14/04/2023 17 min Temporada 1

Listen "Euro Area Growth Risk From Banking Sector Tensions?"

Episode Synopsis

We discuss whether recent stress in the banking sector will adversely affect Euro Area economic growth. We look at the latest indicators, their pandemic dislocations and academic research on the importance of financial shocks for business cycles (Jermann & Quadrini, Macroeconomic Effects of Financial Shocks, American Economic Review, https://www.aeaweb.org/articles?id=10.1257/aer.102.1.238 )