Challenges for Monetary Policy Transmission in a Changing World (ChaMP)
The Challenges for Monetary Policy Transmission in a Changing World (ChaMP) Research Network aims to improve our understanding of how monetary policy transmits to the European economy amid unprecedented shocks, structural changes and shifting inflation dynamics.
The ChaMP Research Network is divided into two workstreams:
Workstream 1 – transmission via the financial system
Workstream 2 – transmission via the real economy