Foreword
Peter Praet 1. Money, Credit and the Flow of Funds in Monetary Policy
Bernhard Winkler, Ad van Riet and Peter Bull PART I: MONEY, CREDIT AND LIQUIDITY IN THE FLOW OF FUNDS 2. The Quantity Theory of Money and the Flow of Funds
Carmelo Salleo 3. The Quantity Theory of Credit and Some of its Policy Implications
Richard Werner 4. Euro Area Money Demand and International Portfolio Allocation
Roberto A. De Santis, Carlo A. Favero and Barbara Roffia 5. Global Liquidity and Credit Booms
Claudio Borio, Robert McCauley and Patrick McGuire 6. Dual Liquidity Crises
Ulrich Bindseil and Adalbert Winkler 7. Determinants and Consequences of Credit Tightening
Riccardo De Bonis, Luigi Infante and Francesco Paterno PART II: SECTORAL ANALYSIS OF THE FLOW OF FUNDS 8. Financial Intermediary Balance Sheet Management
Tobias Adrian and Hyun Song Shin 9. Bank Leverage and the Credit Cycle in the Euro Area
Celestino Giron and Silvia Mongelluzzo 10. Households' Financial Portfolio Choices
S. Avouyi Dovi, Vladimir Borgy, Christian Pfister, Michael Scharnagl and Frank Sedillot 11. Household Balance Sheets and Debt
Jacob Isaksen, Paul Lassenius Kramp, Louise Funch Sorensen and Soren Vester Sorensen 12. Analysing Recent Developments in the Financing of Euro Area Non-Financial Corporations
Laurent Maurin 13. Monetary Policy and the Flow of Funds in the Euro Area
Riccardo Bonci.