The effectiveness of the European Central Bank’s Asset Purchase Programme. Bruegel Policy Contribution issue 2016 10 June 2016
| Data(s) |
01/06/2016
|
|---|---|
| Resumo |
Since the end of 2014, inflation has been at or very close to zero. With very little ability to move the actual interest rate further into negative territory, the ECB has resorted to unconventional measures. The latest of these includes a programme to purchase corporate bonds, which started on 8 June 2016. |
| Formato |
application/pdf |
| Identificador |
http://aei.pitt.edu/76649/1/pc_2016_10%2D1.pdf Demertzis, Maria and Wolff, Guntram B. (2016) The effectiveness of the European Central Bank’s Asset Purchase Programme. Bruegel Policy Contribution issue 2016 10 June 2016. [Policy Paper] |
| Relação |
http://bruegel.org/2016/06/the-effectiveness-of-the-european-central-banks-asset-purchase-programme/ http://aei.pitt.edu/76649/ |
| Palavras-Chave | #banks/financial markets |
| Tipo |
Policy Paper NonPeerReviewed |
