See Holm-Hadulla, F. and Thürwächter, C. (2021), “Heterogeneity in corporate debt structures and the transmission of monetary policy”, European Economic Review, Vol. 137 and Cappiello et al. (2021), “Nonbank financial intermediation in the euro area: implications for monetary policy transmission and key vulnerabilities”, Occasional Paper Series, No 270, ECB, September. 27.
Corsetti, G., Duarte B., J., Mann, S. (2022), “One Money, Many Markets”, Journal of the European Economic Association, Vol. 20, Issue 1, February. 28. See, e.g., Holton, S., and Rodriguez d’Acri, C. (2018), “Interest rate pass-through since the euro area crisis”, Journal of Banking & Finance, Vol. 96, pp.